Recent content by j0b0123

  1. J

    Need some beta testers for new trading site

    Not really, but in the same area as they are in. We are aiming to take it to the next level by simplifying the user interface to something that is easy to understand and follow for everyone, while making it more useful and powerful than anything else out there. Users are never in the dark...
  2. J

    Need some beta testers for new trading site

    No - but that site looks pretty interesting, never heard of it before. will have to check it out. I believe that anyone who creates a system with that method could broadcast through my site to the world as long as their javascript allows API calls. I am not posting the URL in the thread...
  3. J

    Need some beta testers for new trading site

    Ha ha yep. Sorry to say the beta does not pay :( But it does not cost anything either (well, except a bit of your time if you have it).
  4. J

    Why TA does not work

    The proper indicators are only a very small amount of the success anyone might have. The issue is most indicators (when used properly) are right most of the time - if you did not understand that, read again. The issue is only the DEGREE to which they are correct. This is what messes...
  5. J

    Need some beta testers for new trading site

    I am in need of 10-20 beta testers to do some final testing on a new trading site. The site allows users to watch signals from many automated trading systems in real time and sim trade them if they wish. It also allows developers a simple method to broadcast their trading system through...
  6. J

    Trading Long Straddles

    Yes, most of the money made in options (net) is from selling not buying. If you are serious about options you should concentrate on methods/strategies to sell options not buy them - decay is your friend each day.
  7. J

    The upsides and downsides of trading...

    trade binary options intra-day if you want more action. That will be some good action for you. They usually have them going every 30 or 60 minutes.
  8. J

    Market Crash

    You have to just realize that a lot of the market action is manipulated through TARP/FED action. The bias, no matter what news is out there, is up because of the Bernanke put which causes money managers to ignore normal risk metrics. Normal measurements of risk are not being applied...
  9. J

    Trading the gap at open? Who does this?

    For the last 2 years or so, this type of action is more common because the idiots have no fear. Any dip = always buy. The fed is giving out free money and pumping the markets by removing the risk factor. As a trader, it is smart to take advantage of this but just realize that its likely not...
  10. J

    Shorting Stock

    Sometimes you can, depending on the broker and the company. I think the rules are something like this (someone correct me if mistaken) If an IPO is the very first time the company has any public debt or stock, then the answer is generally no. If the company already has public debt or...
  11. J

    Just tried Windows 8...uh-oh

    Hmm.. One would think that is a good thing if you are: 1) selling new/upgraded OS every few years 2) selling computers pre-installed with said OS I heard that earlier versions of Windows were purposely designed to degrade/slowdown over time so the user would get frustrated and buy a new...
  12. J

    Is there a value in trading rooms?

    In any trading room (I have been in dozens over the years), there are a few who know what they are doing and the rest know nothing or create noise. A trading room is good for sharing ideas, but you have to consider the source of the idea and be able to make a judgement on your own. There are...
  13. J

    Anyone from Knight willing to comment?

    What is almost unthinkable is this thing was going haywire for over 30 min and NO ONE NOTICED OR DID ANYTHING. At 440M loss, it had to be losing 10mil per minute or more. No one noticed the p/l for 30 minutes? Not 1 single trader on Knights desk noticed there might be a problem? Not...
  14. J

    Seeing the Trend

    predictive indicators all have 1 major flaw - the degree of the prediction direction. I have worked on these for years - it is very tough. You can call a turn in the market ahead of time but how big will that turn be? Will it be a 1% drop or a 3% drop? Without a magnitude attached it is...
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