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Nana Trader, Yes, I am profitable. As far as being successful, I am reluctant to answer this question. To me a successful trader is the one who can make a living from trading: either from capital gains or from the management fees. None of those are my primary source of income. In...

Blazing, Thank you for your suggestions. The trading is already happening as we speak. I already have some people interested, but they want to see at least a year or two of performance. DVB

... so it takes other people to through ideas around to make you think?

First of all thank you for posting the link. Any additional information is always appreciated, and I did not mean to offend you if I did. My point is that strategists at big investment banks are for entertainment purposes only. They are Ph.D.s, they are smart in the eyes of a public, and...

Bernstein missed 2003 rally completely and was predicting prolonged bear market in the fall of 2003 based on his mean reversion model. DVB

Try building a regression on both RSI and the price. Use the SLOPE function in Excel. If one has a positive slope, and the other one has negative one, you have a result. The only problem is that you have to define your time frame, but you can do a couple of formulas for different periods...

He will certainly be missed. He had the best threads on price and volume, for me anyway. I wonder what happened? :confused:

I would like to hear opinions of anybody who is willing to share their thoughts. Here is my situation: I have been trying to break into investment industry for about 7 years now. No luck. I will be 30 next year, and I think it is about time to give up a childhood dream, and start thinking...

Be careful with fees if you set up as IA. I am in Michigan, and % of profits is not allowed here. Make sure you call the state to discuss. See below from Michigan's Financial & Insurance Services web site... c. INVESTMENT ADVISERY CONTRACT Provide a copy of the Investment Advisory...

Which is More Profitable - Swing Trading or Day Trading? Treasury Bills :D DVB

Where is the trend, that is supposed to be one's friend? :D DVB

I just lost my edge :D DVB http://news.yahoo.com/news?tmpl=story&u=/ap/20040512/ap_en_tv/tv_bartiromo_1

Actually, I did not use fixed time periods, as this kind of analysis has obvious problems. My calculations were very simple. I downloaded historical Fed Funds information from Federal Reserve Bank of NY website (they go back to 1971). I identified the dates of peaks and troughs of the...

I went back to 1971 to calculate average SP500 returns during interest rate cycles. Here is what I found: average annualized SP500 return during the Fed tightening cycles was –1.46%, when it was +14.35% during the expansionary cycles. DVB

It depends on the duration of assets vs. liabilities. There are some financial institutions out there that are playing games with a steep yield curve and hedge with derivatives (short Treasuries). DVB

I won't quit my current job until my trading account is ten times my annual wage. It may take a long time, but I like playing safe. Plus if I make a transition to a full time trader, I want to be sure that I don't go back to my job because of a couple of bad months. DVB

I think you are mistaken. Selling options can be a very lucrative strategy with enough capital and proper risk controls. And there are people who do it for living http://www.usafutures.com/maxansbachermenu.htm DVB

Steve, Thank you so much for sharing this link! I have been looking for this kind of data for a long time. DVB

No, proforma reporting is not accepted by GAAP, it is a way for managers to "dress up" earnings a little bit. You can find historical S&P500 earnings on Standard & Poor's website...

Another thing that I don't understand, if one is a good trader, why become a writer or a show host?