Recent content by Osman

Many of the first quant traders had no knowledge of finance; they were really smart people (as evidenced by their PhDs) and the houses scooped them up and directed them well. (to this day I know atleast 2 quant traders in high level positions who have yet to buy or sell a single share of stock)...

if you are into very (very) long term theories, like this 50 ma, take a long hard look at the classic Dow Theory. There are newer versions of it that do not have you in the market all the time, and have great success. You would have better results using these than the 50 month ma; it assumes...

many do. the problem is that whenever the ECNs are changing their policies and cost structures, its often to the detriment of the liquidity traders. i follow CIEN, wouldn't day trade it but cien has swing potential.

MA's are great during trending periods and horrible at consolidation/oscillating periods. Like any other tool, use it at what its best for, but not for everything.

2nd best edge: DISCIPLINE

breakdowns happen more often than we think, people just lose it. Seen it happen on the floor, doesn't really matter what size the loss is, it always goes the same way: 3/15 get a call from one of the traders trading from home that day. panicking on the phone, asking what to do. Find out...

maybe comming in thinking about making $100k trading is making you take unnecessary risks? Can you post a bit on your trading style/ what you trade? Maybe its something there that is causing the losses.

with nasdaq, there is more transparancy in what's going on in the bid&ask than the nyse.

i don't believe this is happening now, but government has also inflated inflation numbers before too. politics is in the equation , no one wants to be blamed for increasing rates too quickly and bush's re-election campaign.

1) In no way did i mean disrespect to Grob's methodology, posts or character, and no where did I refer to your charts as a mess. The furthest i went is saying that for me personally there was too much going on for me to day trade. The part where i talk about elliot wave and gann was only a crack...

100% with you on this one. confused about trendlines...Trendlines! makes you want to talk about elliot wave and gann analysis for lighter fare.

trade stocks you know well and are comfortable with. during the day, i scan mainly 9 stocks and after hours, i scan through a stable of 38 stocks; and look for setups for the next day.

you can make your stops as tight as you want to when your entry is good. (ala great defense is a great offense). In my own trading i try to enter as close to as support/resistance level as i can, have tight stops right past the level. Making the probablilities on my side. Come in at the...

not to be ciritical Grob, if it works for you it works for you but that graph has too many things going on. Did you make a trend line for every 3 bars? It seems too much, if i had to trade realtime using that chart i'd have to take too much time interpreting what is going on. Just give me a line...

what's the elitetrader vibe like?