Recent content by gh2

Hitman: First: i have nothing but admiration for your tenacity, and passion for the game! Really! and here comes the BUT: I think you may have missed DEF's point -- he is offering that there are other ways to play the game. Ways that are more appropriate for different personalities...

From Hitman: "When you hit a good day, you feel great about yourself, when you hit a bad day, you feel like crap," Actually, no i don't -- i'm pretty much nuetral either way. I like to have fun with my trading friends, and we josh around a bit -- but it is never personal. And i don't buy...

Exits are probably the most important factor in profitability. Not stop losses -- those MUST be done. Personally my exits SUCK! Chuck Le Beau has a formula for profit efficiency. It is take your exit -- double the holding time and see what the P/L difference is. compare that to your P/L...

penny wise pound foolish

Whoa! let me get this straight Hitman A high roller like you -- pulling in multiple k a month, trading thousands of shares a day, with top of the line computing power, multiple monitors, panning the use of QuoteTracker, perks from your trading firm, years of experience trading, etc and you...

If this rule effects you the question is: what are you going to do about it? Belly-ache on this board? I see this thread as a forum to generate ideas that can expose the flaws, and refute the grounds on which this rule was developed. Unfortunately conspiracy theories don't cut much mustard...

matt: RE: daytrading from a cash account. I use IB as my broker -- they state that daytrading from a cash account is a violation of federal reserve policy. Whatever that means. Bottom line for IB is; unless you meet the account requirements of the new ruling -- you will not be allowed to...

People who can trade -- trade. Those that can't, either; analyze the markets, talk about the markets, teach about trading, sell "can't lose" trading systems, or write articles. (OK NOTE: that is a GROSS generalization, and not everybody fits in that box -- i am sure that there are great...

I just caught up to this thread -- OH BOY what a farse! I have nothing but respect for Spud's (Steve's) question. And now that it has been answered, can we drop this? I would have the same response regardless of who was being questioned, but i know Robert personally. As many here on this...

I absolutely try to hold to that principle. Some times an issue that i am playing will spread through the BE (break-even) point, and i will close at a very small loss, compared to the disaster stop i set before going into the trade (which is usually 0.5% of capital) However, i BELIEVE that...

PT iknow this is not your play but Robert If you liked PTA (which i did not play because i have no trading plan for any set-up remotely resembling that trade) you might want to tack APW. It has the same characteristics as PTA, and has a price action alert (candle pattern) that i watch, and...