Recent content by Ken_DTU

I'd like to see more 'intelligent stop' software out there... for example I use a lot of indicators such as "minimum 8 trades at or beyond a given price", not just a single market print, which would cause a stop on most platforms .. eg using the patter of the tape, and perhaps other market...

pirating other people's works is against the law, and not ethical "nuclon" .. good thing Baron can track all IP addresses of posters, and we can report to the police (which I do). ken

Right -- how about trading several positions near-simultaneously? Is that approach uncomfortable or difficult for many traders, or do many of you do that, in your daytrading? Example, during a hot/volatile breakout 10-20 minute timeframe in the market, it makes sense to be in a handful...

yeah, that sounds about right, eg set 1/2 point wins as a target, with .20 type stops... so people aren't swinging for the fences... keeping it all smaller ... good point re easier to take ... ken

Interesting to see all the different trading styles -- that's what makes for such a diverse market .... eg stop management for different styles is a good topic too. .. the key is, to maintain discipline for stops that are appropriate for each strategy.. eg not mixing stop/risk mgmt styles in the...

Excellent intelligent posts... well reasoned ..... On the mental side of it, technical trading approach ... I find that doing things like trading several stocks near-simultaneously in a strong sector during an open range breakout helps me be less committed to any position ... like...

agree school's great.... good point re best to get a state college undergrad degree, then get a job w/big company that does tuition reimbursement, and get a masters/mba/compusci degree on their nickel while learning Real stuff on the job.. I got an undergrad degree from UCLA ('86) and a...

Here's an interesting trading question -- what have you all found works to help remind you to keep your stops small? The challenge: many folks seem to have a "do or die" mentality and are overly-committed to single positions working out, and subsequently take larger stops in pursuit of larger...

If I read this 10Q correctly, it appears that the "Teach me to Trade" people (aka Whitney Information Network) had... $38.5 million dollars in sales, for the most-recent 3 months...!! http://www.sec.gov/Archives/edgar/data/1095276/000110465904014834/a04-6193_110q.htm "Total revenue for...

backtesting? no it's the Right edge of the chart that counts pullbacks? no it's Breakouts that attract new trend buying/selling, not pullbacks, which is essentially fading the immediate past trend. i like to keep it simple. "jump on breakouts", as long as the stock isn't extended near...

Hey any favorite music fan sites out there? I'm starting a new Sade site, called http://www.sadeweb.com .. nothing there yet but the homepage .. will work on it this summer.. took hours to scale/cut/paste the photos, make it look reasonably decent ... there's not much to put on these...

agree re keeping stops/losses minimal is key, while learning and throughout ... One thing that I believe makes a difference is how to best distinguish between tradable volatile time frames (eg which 20 minutes during the first 2 hrs are "hot", worth a trade), vs non volatile chop/overtrading...

I like using ADX for swingtrades, but not daytrading (I primarily use time & sales, volume, sector percent change, 2d hi/low breakouts for daytrades) ... Here's the method I've developed, fwiw: http://www.esignalcentral.com/learning/likepro/strategy/volume/default.asp Primarily I use...