Recent content by polestar

I think pros who trade for a living and rely on their own PNL will hedge. Hedging increases buying power. This can be a very significant reason to hedge. 85% of options expire worthless, but you can get closed out of a position just from bad marks if you dont have the funds to sustain a...

field

yes

i decided to open a collective2 account. thanks babak, thanks tsgann.

ATU is a good example of a intraday trade my method picks up. target 51.5 stop lod, could blow through target. price here is 46.91

thank you babak, i am definitely looking into that option.

great ideas TSgann, thank you. Again, I am not looking for someone to give me cash to trade. I would be open to any mixture of scenarios. eg. To begin with, and develop trust. Provide signals, perhaps that the potential partner could ask questions about, see how it works in real...

what do you have to gain from attacking me? what is so bad about me wanting a partner to do this with? people do these kinds of deals all the time where one person comes to the table with money, and the other with something intangible. I am not trying to beg money here, I am looking...

well, its the low risk to reward of 1/4 and its the high win to loss ratio. while backtesting with a software like tradestation would be optimal for showing performance stats, it is not possible with chart patterns. so, I used the computer in my head to backtest manually by looking at the...

.... If instead you play flags (consolidation during an uptrend), you can buy at the support, and sell 66% at the resistance, and hold 33% for a breakout.

i say use vol spread analysis dont buy the first pullback on a strong trend, buy the pullback into the pullbacks pullback.

? You dont like my response to surfer? I say room for drawdown only because of the PDT rule. If I have options positions, and trading equities, it is only sensible to not be under capitalized.

Thank you surfer, I see that surdo is offering a genuine offer. plz check your pm surdo.

Good question surfer. I'd say $50,000. This way the equities can be traded intraday, futures can be traded when the setups occurr. Options can be held on longer term plays, and there is room for drawdown as well.

i dont trust a prop firm as my partner. i would also like some input how I might go about finding a trustworthy partner? How should I disclose the method? surfer, what do you specifically want as far as info? the system is based on chart patterns along with another peice of TA to...