Recent content by qiuniu

Sorry Rob, RSAS is a call not a put and with the piddles I have in my account I'm going to cash in and put the $240 else where. Glad you're into Cramer's book. I found the sector market rotation probably the most helpful. If only I could get my account large enough to go that long. Kinda...

Sorry to hear about your misfortune, happened too many times to me so I get out before the third Friday of every month. Too many times have I seen forces so big make prices reach a certain 'favourable' point so they don't loose too much money, only to see the stock actual do what I thought it...

How I Trade for a Living by Gary Smith. Not Gary B. Smith who writes for Real Money, who I thought it was when I bought it. Its really good though, but also $40. It has an invaluable list of days not to buy and days to buy stuff. But before you get it, he is the a really big directional...

I'm big on charts and patterns but something has really gone south on me and I'm just looking for new directions now to guess price movement. My last successful trade that I had was my GOOG call (THANKS ROB!). Cashed it out for $2400 this morning. This was a pure momentum play. I didn't even...

The MACD looks like its headed above water, and that bottom looks pretty solid. The Arms index says another downdraft is in the works, so I hope you're right. Now only if oil and gold would go down like they are supposed to... Good luck out there!

I have looked at the spread thing, but the more I look at it the more I know I don't know. Pros say buy this call and sell this put at such and such. Or sell this call to offset this put. I just can't stomach what happens if this position goes shooting to the moon and I got to cover someone...

I have a few that I just can't even get close to thinking about in retrospect, I know how it is. I can't believe how expensive in comparison my 360 I bought is. I think you're in Canada, there some law that keeps you from daytrading in the US? Slept in and didn't catch anything in this...

I was actually only looking a MACD, Stoch, RSI and Volume on a 6 month scale for XAU. How'd you do today? I got skunked, except for my GOOG call (.GGDKL) that was up $870! Thanks Rob for getting me in. Hope some volume final gets interested in these swings, so the market can pick a...

When I first looked at them I just couldn't get over the premiums and the things that could happen (interest rates, scandal) over the long haul that I just walked away scratching my head. What do pros use these things for anyway?

Although most of his posts are not helpful or positive, I'd have to agree with this one. My virtual accounts I have often times let positions run so I can retrace to see whether I can adjust my exit strategy, in real time. With my real account fear plays a much larger role than I am willing...

Thanks. I was looking for more stuff to read! I really liked Swing Trading by Jon Markman. He profiled several different swing traders with different styles and approaches both short and long.

I'm more relying on a couple of pros and some long term chart reading peppered with a little global politics for analysis. I really think I need to do more reading about candles before I start relying to any degree on them for direction. I'm holding it, it just didn't do what I wanted on...

Did you write your own software? Or what do you use?

I always look at those options far out of the money with the low premiums but I usually chicken out and get the ones close in. I wonder how they options find their value because it seems to me that the pros mostly play spreads so calls like yours should become more valuable to those folks as...

I was suprised that GOOG traced too. That's why I decided to get wet: I was sure that everyone would buy into it even if everything is going sour. It looks to me that it is overbought and should take a header but now I'm not so sure. Gary B. Smith said today in his column that its one to own...