Recent content by Maelstrom

Think about the following: a) How much risk in terms of time/capital is each 'trader' taking? b) What rewards do they expect to gain relative to risk assumed? c) How is each 'trader's' style matched to their risk:reward profile? d) Now which one do you want to be? Just my...

I thought "PI" was a good movie about the stock market.

Hi Dizzy, Would you mind giving one example of where it is possible to use a tighter stop? thanks

This is a real eyeopener Dizzy ! Great posts. So what it seems you are able to do is have the risk of a scalper (1pt stop) but have the gains of a swinger .... I think someone (vulture?) mentioned this was not easy to do and it was more important to stay with the scalper OR the swinger...

Maybe IB can add a 'trailing alert' to TWS instead. That way the trader can just watch the market when it approaches their trailing stop area and execute an order if they feel it's necessary.

OK, so the market does exhibit a normal distribution with the exception of major market crashes? So one can expect most of the price action to be contained within 2 std deviations the majority of the time.

Hopefully a math/stats guy can shed some light on this question. Does this standard deviation calculation apply to the stock prices? (i think there is an assumption that there is a 'bell-shaped' normal distribution)...tks

No problem. Check them out for yourself, I believe they offer a one week trial which is more than enough time to assess if they are right for you.

I have checked out the trading room before. I believe it's a great atmosphere for education and developing the right mindset for the newbie trader. Allen actually makes well-paced QQQ calls in the room (around 4-7 RT per day) a day and keeps relatively tight stops which will ensure that you...

Hi, Does anyone know of a site that has an historical archive of past trading holidays? tia.

I am experiencing slippage of .5pt 15% of time and 1pt 5% with stop market orders ...for stop limit do you set election price .5 pt earlier than limit order?? ie for buy at 1210 : stop elect. prc. 1210.5 and limit buy price at 1210 ?

Yes he's supposed to be from somewhere in Belgium, and about to take on Larry Williams record trading the ES....

Supposedly she had a commercial hedging program in the metals markets (Watermark Fund Ltd.). But it didn't fair too well...

What NIC card is recommended?