Recent content by stokhack

  1. S

    Knowing when not to trade.

    From 'Where are the Customers' Yachts' by Fred Schwed, Jr. "Your average Wall Streeter, faced with nothing profitable to do, does nothing for only a brief time. Then, suddenly and hysterically, he does something which turns out to be extremely unprofitable. He is not a lazy man."
  2. S

    Having slashed content, RealMoney raises prices...

    Ditto, cannot see where realmoney is worth $25/mo, especially since you can get a lot of the stuff delayed on the street.com. Should be good for Toddo's site though, also going to cancel and subscribe to Minyanville( although that name is something).
  3. S

    Adding to Losing Position or Averaging Down Cost ?

    I average in both shorts and longs as needed. Seems like the key is to start with a postion small enough so averaging can work. For and account under 50K this is 200/300 share lots and you have to give the stock plenty of room to move 4 or 5 points. Does not work as well for daytrading where...
  4. S

    Gabelli on CNBC........WHY ?

    Don"t know about Mario, but Peter Lynch has made way more $ than you and I will ever see.
  5. S

    Moving Averages-simple or exponential

    Magna is right, most depends on what is used to generate your signal. I find that the EMA works better for the short term MA and the SMA for the trend. Problem with MA crossovers is you will get whipsaw a lot on choppy days, so you need to find a confirmation signal before taking trade on...
  6. S

    Anyone Care to Explain Today's Rally? :)

    I was wondering the same thing, since economic news has not been all that good. Jim Cramer "We saw the same thing today. While the market was up before the refinery fire, it wasn't up this much. What has happened is that the traders who bought puts in the window between the refinery incident...
  7. S

    ARCA order logic

    Arca is good for shorting, can place order on a downtick and the software will automatically place it .01 higher than best bid. Supoose only takes 100 sh at .01 up, will take rest at your limit price or better after bid tiks up. Although i use island for everything else, longs and shorts where...
  8. S

    The guys that move the market

    Normally large block sales always cross the tape a few cents lower than the bid. Nothing unusual there.
  9. S

    Using Margin for More Positions

    Seems if all positions are net long or net short, margin is not a good idea because of event risk. A mix of long and short will help you sleep at nite, but does lower overall returns.
  10. S

    am I missing something?

    Also look at trajans option journal, also good stuff.
  11. S

    am I missing something?

    White, exactly time value. You need to go one strike ITM to get corresponding movement with price. This only applys to short term options. Longer term more time value(premium) so less movement. Look up mavericks threads, lot of good stuff there.
  12. S

    am I missing something?

    I have realtime option quotes and also used the delayed quotes from CBOE( larger file size, more mos.) CBOE quotes are accurate. A lot of time at the money options move very little because of the large amount of premium built into the option this far away from expiration. If you go one strike...
  13. S

    The restart game like in real market :)

    I think Warren Buffetts business' are real, i.e. they make money. Although that analogy may apply to other companies and there is always a lot of fog in the stockmarket. Vast majority of companies do turn significant profits.
  14. S

    P4 and dual monitors

    Still considering adding the extra RAM, 1GB,DDR266 SDRAM Memory,ECC (2 DIMMS) [add $291.00] 1GB,DDR266 SDRAM Memory,ECC (4 DIMMS) [add $240.00] Whats the difference?? is one using 512 sticks and the other 256 sticks, does that effect performance?
  15. S

    P4 and dual monitors

    Hey all, thanx for all the input. So in summary better to go with Xeon 2.0 processor with 512MB RAM, other is Xeon 2.4 processor with 256MB RAm for same price; Windows 2000 for OS instead of Windows XP; two ATI Radeon VE cards for future expansion to four monitors; comes with 40GIG...
Back
Top