Recent content by xtrhvydty

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    Is The Bull Market Over?

    I'm a technical trader, so I wait for a high probability trade signal (80%+) based on historical testing and apply a position size according to the money management criteria. The trade will have a strong volatility or directional bias based on my research or I won't trade. If this is a...
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    What is the ultimate evolution of a trader?

    First I started with stocks. Breakouts, pullbacks, mean reversion. Then I got into complex option spreads for a couple years. Calendars, verts, BWBs etc. Last two mainly daytraded ZG & TF futures. Now I just feel the daily screen-staring is just too boring for me. Maybe twice a week I could do...
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    How do you handle big draw-downs the next day?

    ps a good discretionary trader journal with excellent commentary may be found at: http://www.fattail.org/viewtopic.php?id=496
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    How do you handle big draw-downs the next day?

    good questions - and they need to be incorporated into a business plan. Carter's "Mastering the Trade" is the only trading book I've seen where this is addressed, and it is masterful. For example, here are some of my rules: 1. Max risk/trade=3% of capital (only on high prob setups - else it...
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    Slumping economy is easiest time to get filthy rich

    of course there is no hope for the whining lifetime victims who live only to blame someone and bitch about how life is hard...
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    Slumping economy is easiest time to get filthy rich

    We are always on the lookout for a ideal trading opportunity, that is, one where a convergence of favorable conditions provide a high probability, high reward/risk ratio investment. Ironically, such an opportunity is inherently available in every economic slump. Here's why: 1. First of all...
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    Why is IB's time 5 seconds behind the official time?

    http://www.exefind.com/clockdummy-P4629.html this keeps a visible updated clock on the taskbar. it's free just click on the download link
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    Statistical backtesting of government stupidity

    -1992 Hurricane Andrew causes US greatest natural disaster. FEMA guidelines deemed horribly inadequate (I was there) and reform mandated by Fed govt. -2005 Hurricane Katrina demonstrates your tax dollars and faith are worthless even after 13 years of interest -2000+ Years of mortgage fraud and...
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    Competition for worst trading damage picture

    this was actually many moons before I had developed rigoruous trading discipline. I have a note taped to my screen: "Never a bad day if you follow your rules." One of the rules I adopted over time was to quit trading a certain system for the day after 2 consec losses, and to limit any 1 day's...
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    Competition for worst trading damage picture

    here's mine...
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    Raising money - what am I doing wrong?

    I made 18% thru April (64% annualized, sharpe 3.3, file att'd). Then I had a financial emergency and had to clean out my trading acct. I've been trading four years and am fluent with options spreads and futures. 2007 I worked full time while in 2006 a similar thing happened whereas I made 48%...
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