Recent content by Patrick Slevin

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    Hypothetical; $DWDP leaves Dow Jones, replaced by $AMZN

    The only issue concerning the split is the necessity for $AMZN to be trading in a range that is in the midst of the Dow 30 Index. It could not be a part of the Index at $1800. Any liquid stock is tradeable, I would think.
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    Hypothetical; $DWDP leaves Dow Jones, replaced by $AMZN

    Seems that Dow DuPont will have to exit the Dow this June or so. Isn't it likely that Bezos will split Amazon 6 or 7 for one to take a place on the Index?
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    Smart Money Still Not Buying

    I believe that regardless of what the so-called Smart Money is doing, capital flows are fleeing Europe and coming to the U.S. markets for the stability.
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    The exodus of New York City’s endangered middle class

    A relevant blog post.... https://www.armstrongeconomics.com/world-news/taxes/mass-exodus-from-nyc-due-to-taxes/ Quote; ---------- Taxes have begun to cross the point of no return in New York City. New York City is losing its middle class faster than at any time since the Great Depression...
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    Which is the best day of the week to buy stocks historically?

    I have attended several of the webinars that Larry Williams has presented over the years and one of the things that he tracks is best day of a given week, best days of the month et cetera. However I don't recall whether or not he pins it down to "Wednesdays" or "Fridays". I think he would try to...
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    Buyer Beware: Tradestation will flag you as a professional if you don't use gmail, yahoo, etc

    Seems that you could open a gmail account or whatever and just have the Tradestation mail forwarded to your preferred address. I understand that at this point you would prefer to leave Tradestation; just an observation in the event it were to happen again in the future.
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    Profitable Options Traders - Long Term

    Maybe, maybe not. However I provided an example of one account that is devoted to just trading options. A account set up in February just to provide an independent statistic for myself. Personally I've been trading as a full time occupation since 1991. There are good years, bad years and okay...
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    The very BEST trading advice you have ever had.

    "Trade Small to Win Big"
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    Profitable Options Traders - Long Term

    I trade Equity Options when I have time. Primarily I trade Futures. I opened a small account in February to see if I could isolate the return trading just Options, and I try to mirror my options trades in other accounts by also trading them there. The account was set up with $30K. I took an...
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    Do you rely on your trading to put food on the table?

    Yes, I trade for a living because I enjoy it.
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    how do you trade es/nq?

    Don't you have a problem with changing Renko parameters for each Market? I tried Renko, some many years back, and I recall that I needed to adjust the inputs depending on the Market. Not so? Then of course, the parameters needed to be adjusted on a regular basis. Or was I incorrect?
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    how do you trade es/nq?

    I think that you have to arrive at what makes you comfortable. I am most comfortable taking only a couple of trades each day, at most. I cannot go in and out looking for a few points here and there. I try to determine what trade may provide the most gain for the least Risk; have a series of...
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    Trading with Renko Bars

    Been awhile, but don't you have to adjust the brick size depending on the Price and Volatility of the underlying? If I recall correctly, that's the issue I had when I tried Renko some years ago. I can't quickly go from one Instrument to another without compensating for the change and you have...
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