Search results

He wrote the same way when he was at Real Money/Street.com.

He has doubts about the sustainability of the rally, and is therefore keeping a position in far out of the money June index(?) puts. I emailed him a few weeks ago about my desire for clarity and brevity in his writing. He responded that many people liked his critters, etc. I think that if...

Was Steinhardt "Porky" in the book "Pit Bull" by Schwartz?

"Don't be aggressive and only place your bets when you get an actual trade signal" What would you recommend as the "actual trade signal"? Wait for an actual break of the wedge, with a close buy stop if it pops back up?

I just read Darvas' classic book How I Made $2,000,000 in the Stock Market. In it he puts forth what worked for him; to buy on strength, put a close stop below and then it either stops out or it goes your way. Don't grab a quick profit too soon, but rather follow the price with a protective...

Tampa remarked that it is most puzzling why several obviously non- trading related threads have been permitted to languish in the Trading Forum. Perhaps the answer might be as a warning beacon to newbies not to believe the wild, exaggerated, and unsubstantiated claims that are sometimes...

I am relatively unfamiliar with Adam Sandler's body of work. However, I am familiar with the work of the late "Professor Edwin Corey", a comedian and self-described "expert on everything." Corey's rambling speech was described by the New York Times as "a series of bad jokes and mangled syntax...

C&R means Cancel and Replace and existing order

It's not surprising that out of all the people who started on this thread one might have 3 weeks of profits. Haven't heard from all those who were here originally. Flipping coins would also have some with 3 weeks of profits, some with 3 weeks of losses.

When this method was backtested it showed over a multiyear period a loss of $20-25K. Now, when markets are choppier than they have been in the past we are to believe that the system is profitable, and not just profitable but can be profitable to the tune of $150- $250 per contract per year...

dkm- Should you not have deducted from each trade the bid/asked spread of $12.50? If so, then the results would be: With trading during lunch: net $1812.90-52X12.5= $1162.90 or $ 22.36 per trade With no trading during lunch: net $1168.60-43X12.5= $631.10 or $ 14.68 per trade

elindy- Would the results be profitable if there were an additional MACD condition: Adding that no long entry unless the MACD histogram were then not only above .4 but also greater than it was 5 minutes ago? [and the opposite for shorts]?

I must agree with your statement that "This Max Pain dude really puts out some important posts." Not only did he point out to us that "The earth reversed its polarity and for a few moments up was down, left >right, and outside In" but showed by his very posting that this reversal of polarity...

Today I entered a limit buy order and the TWS displayed the green color. About 15 minutes later when the market was still well above my price my order disappeared from my screen. I received no fill (naturally) at that time. Later the price traded much below my price, still no fill, and...