Recent content by Freeman

  1. F

    How to blow up your account

    I only recently got the final details of how this turned out, despite working and having lunch with this friend nearly every day since. We never talk hard numbers, so I had to piece together the total carnage to his account. Recently at lunch, with him trying to convince me that longer...
  2. F

    New to IB and eSignal - need help

    WD, You can familiarize yourself with TWS with this online demo: http://www.interactivebrokers.com/html/tws/demo2.html It is identical to the software you will use to trade through IB, except the quotes are delayed 15 minutes and every session you start with a 50k account to blow up...
  3. F

    The Importance of Simplicity

    I'm glad to hear i'm not the only one! I was hosed for much of the day before I changed tactics. I wouldn't feel bad about sticking to my counter-trend strategy if I didn't realize very early in the day that prices were slowly creeping up. I consciously made the decision to stick to my...
  4. F

    How to blow up your account

    He closed out today! Quick, short everything! It looks like all the chatting about deciding on an absolute disaster stop paid off. He hit the one he decided on and exited all of his positions without hesitation. He lost 25% of his equity. I'm guessing it was around 50k - 80k. Maybe...
  5. F

    eSignal wish list : the dedicated thread

    PLEASE tell me multiple charts that can be linked and scrolled simultaneously will be considered for a future update! More often than not I have several charts I want to scroll forward and back together, which requires a tedious click-and-drag for every chart desired! Apologies if others...
  6. F

    What indexes do you watch for trading Naz stocks?

    In ESignal, use: NQ #F I'm interested to hear how others use these indices for speculating on price movement. I use open, high, low, and close of the current and previous day to determine support and resistance levels. More often than not, at my experience level I find these areas to be...
  7. F

    esignal overlay charts

    Thanks for the help Scott. The chart that bollinger has linked in his article shows a candle chart. My understanding of charts using spreads is that they are rendered only as line charts. Am I missing something here?
  8. F

    esignal overlay charts

    Does anyone know if overlay charts are possible in an advanced chart window in esignal? I know they exist for regular charts, and for all I can tell that's the only place they are implemented, but this screenshot on the esignal site has me confused...
  9. F

    How to blow up your account

    It looks like the market is leaving the lows behind. At least so far. My friend's situation is only getting worse. A few more details on the trades he has open. He's short KLAC, NVLS, and QLGC. I believe he started scaling into position on October 10, ending October 14. If you look at...
  10. F

    How to blow up your account

    A friend of mine has invested 70% of his capital into three stocks. He is short on all three. He placed the trades sometime in the last week or two. Currently, in aggregate he is a little more than 20% down. I believe it was two days ago when he was a mere 7% down. I say mere, because a...
  11. F

    A distraction at key moments... any counters?

    Dustin, I second the recommendation to use AdAware from Lavasoft to remove spyware/trojans. Try it -- you may be surprised what you have on your system. The messages MainFramer is describing is not to be confused with MSN Messenger. This messenger is a seemingly inoccuous text popup dialog...
  12. F

    Gems of trading

    [I've seen this list on a few sites. I do not know the original source.] 1. Forget the news, remember the chart. You're not smart enough to know how news will affect price. The chart already knows the news is coming. 2. Buy the first pullback from a new high. Sell the first pullback from...
  13. F

    Target Trading

    Profitseer, in case you become interested in the numbers, I wrote a program that calculates expectancy based on probabilities you define. It's quick and dirty (I banged it out after reading a chapter in one of Tharp's books about his marble game) and lacks a couple of obvious features but you...
Back
Top