Search results

  1. S

    Success/Failure

    Lucias, Are you or are you not trading real money? I have sim traded for two days, and traded for real for a half a day, and already I recognize that no amount of sim trading provides you with an accurate picture of any strategy you might think you have. Here's a simple example of what...
  2. S

    Success/Failure

    Also Lucias, Although my day trading experience is almost zero, I have been watching and studying the economy and stock markets for many years. You sound young. At a macro level, I might actually know more than you.
  3. S

    Success/Failure

    Thanks ElecEquity. "But the dot-com bubble was something that we may never have the privilege of witnessing again." My first exposure to the stock market was during the dot-com bubble. Gained a bunch and then lost a bunch on Nortel Networks. This wasn't day trading. This was a buy and...
  4. S

    Success/Failure

    After Lucias comment I think I would like to remind all of you about something. The trouble with the written word is that it is very hard to read between lines. You can't really see what a person is really thinking and feeling. Lucias has clearly judged me because of some words I said...
  5. S

    Success/Failure

    Holy crap! Where the heck did that come from. I was only commenting that I just started with that strategy! It seemed to work on Friday. I am not arguing anything. I am trying to listen to opinions. What on earth did I say to insult you? Please, get a grip on yourself!
  6. S

    This is it gentlemen! Batten down the hatches!! Big moves ahead

    At first. However, stock markets will also crash. There will be a rush into cash. This will drive the USD up. The rise in the USD will be a much faster rise than any benefit Canada might get from an increased price of oil. There will be panic in Canada as well, collapsing our stock markets...
  7. S

    This is it gentlemen! Batten down the hatches!! Big moves ahead

    Tomorrow, I bet that you will see an early trading day surge on the TSX, followed by a flat to lower day when the price of oil settles back down again. The Canadian dollar will be down, and the US dollar will be up by the end of the day. I don't count today. It is a holiday. President's...
  8. S

    This is it gentlemen! Batten down the hatches!! Big moves ahead

    If the Middle East "Caldera" truly erupts, there will be massive rush back to the US dollar. Actually, because oil is priced in US dollars, this will put a drag on the price of oil. Again, you saw this during the last "real" crisis.
  9. S

    This is it gentlemen! Batten down the hatches!! Big moves ahead

    US and Canadian Markets are closed today, guys. Tomorrow, when they are open, Short CAD, Long USD. Americans will be playing catch-up. This is USD bullish. "( omg omg I have $CDN and Canada's in a shambles ... wow ... please someone take this paper off my hands; I need some of that scarce...
  10. S

    This is it gentlemen! Batten down the hatches!! Big moves ahead

    Go look at what happened during the banking crisis. Keep in mind that the US markets are closed today. Also, the Middle East crisis isn't large enough yet to cause a real panic and a rush back to the US dollar. I was assuming that OP feared a major crisis, not a little thunder storm in the...
  11. S

    Success/Failure

    Thanks kingfisher. I recognize this. "The movement of a stock is nothing more than then an aggregated representation of 30 % personal opinion and speculation, and 70% the result of some sophisticated quant analysis given by the 70% of trades that are now completed through algorithmic...
  12. S

    Success/Failure

  13. S

    Success/Failure

    "Are you sure about that? Did you test it? I did and found that trading with a long term trend on a shorter time basis gives one about a .11 edge on the profit factor and 1.45% to .2% edge on the win ratio. Going against the trend cost one about an equal amount. I don't trade with the trend and...
  14. S

    This is it gentlemen! Batten down the hatches!! Big moves ahead

    Instability cause panic. Panic causes a rush back to the US dollar. If there is to be instability, Short CAD and Long USD!
  15. S

    Success/Failure

    Oh, I never believed for a second that the MACD would accurately predict an outcome, but it has been shown to provide an edge when used correctly. Thanks for your help. Good luck with your school work. What are you taking? BTW: "What basis do you have to believe you were "stupidly...
  16. S

    Success/Failure

    "' Instead of focusing on trading , focus on what the market is doing '' i would take that advice." "Going against the trend cost one about an equal amount. " You're both saying something similar. Now, isn't that the point of the MACD - establishing the trend? Actually, this was just...
  17. S

    Success/Failure

    Thanks for your comments Lucias. Sorry, my last reply sounded rather abrupt. You added more to your post after I had finished writing. Sadly, I can't modify it because I am a new user, and my post isn't even showing up yet. I hope my new status changes soon. This is frustrating...
  18. S

    Success/Failure

    "One thing you could try to keep you in the game (but that has no real edge) is just take long trades. This will work as long as the market keeps going up. " This suggestion is only effective on a basket of investments held over the long term. Your probability of failure on a day trade in...
  19. S

    Success/Failure

    Ok, I just replied with a long response a few hours ago, but it didn't show up. I think there is a long delay because I am new. Let's see if this one appears immediately.
  20. S

    Success/Failure

    Thanks everyone for your input. Yes, each of you have made good points. Given the comments made by a couple of you, I will give my background. Actually, I have two degrees: B of Math/Computer Math, B of A in Economics. A prof of mine recommended a brief introduction with a Prop firm. I...
Back
Top