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  1. efficiency

    Questions a new trader should ask

    From gaming theory and 50/50 coin flips, an aggresive 25% position size with very SELECTIVE entry and focused risk management offers the best theoretical results for a small account. CUT those losses with emotional detachment. Hope is a four letter word (and a floating hospital).
  2. efficiency

    Questions a new trader should ask

    It's not a formula, it's a simple rudimentary computation as a CONFIRMATION of an edge (whatever that(s) may be. I mentioned exits because that's what one does to capitalize upon an edge. "Method" implies consistency. I would prefer consistency toward entry but an exit can be a stop out...
  3. efficiency

    a pretty looking chart

    Agreed. Should ultimately end up around $13.
  4. efficiency

    Impose 1 new rule or policy.

    I second that nomination. The PR Czar.
  5. efficiency

    Questions a new trader should ask

    Dividing MFE by MAE will confirm whether or not your entries have an edge. In other words "taking off" in the intended direction. Stated another way, minimal drawdown. Exits are where the money is made (or losses stemmed).
  6. efficiency

    Gold is going to shoot up.

    Given one trillion seconds takes us back 32,000 years, and we've got eh......about $64 trillion in government elapsed debt + unfunded liabilities, it's basicially mathematically impossible to repay principal. Hence the focus is compound interest and continuing to entice Oriental buyers of...
  7. efficiency

    AAPL below 200 dma for 1st time over 2

    Could repel off the woefully lagging and smooth 200. I'm more concerned about Nancy Pilosi's panties being in a bunch. 60% one year increase in net worth could be reversed.:p To paraphrase a TV commercial, " a vineyard"?????????????
  8. efficiency

    RIMM earnings tomorrow!!!

    Bullshit. We're not talking about lots of stocks, that is a chart of RIMM. A reflection of its specific "personality". It tells you were you should have bought, for some REAL money. It tells you were the ax put the brakes on (both high and low) repeatedly in accordance with his...
  9. efficiency

    U.S. debt rating downgraded to C status by Weiss Ratings

    It's not meaningless when you consider WHO ultimately buys the majority of 30 year T-Bonds (and its impact on yield to entice). Wun hung lo.
  10. efficiency

    RIMM earnings tomorrow!!!

    To reiterate, a picture is worth a thousand...............
  11. efficiency

    Thoughts on Research In Motion (RIMM)

    A picture's worth a thousand................
  12. efficiency

    Pandora down over 30%!

    I'm surprised there weren't more mice here that took the cheese. Promoted just like Linked In was.
  13. efficiency

    Stop paying credit cards. Give yourself a bailout!!

    Most potential employers routinely "pull" a credit bureau report(CBR) as part of the hiring process. Rather than a quantified credit score, they look or shall I say glance at how timely you pay your obligations AND how many applications for additional credit a candidate applies for...
  14. efficiency

    Jon Najarian's Pick For The Next Decade

    $5.00 is the threshold for a lot of institutional "accepibility". It's also the threshold for most mouse house's marginability. Additionally, those brokerages generally won't allow shorting below that threshold. At the price point, has more volatility. Unfortunately, it appeared one-way...
  15. efficiency

    Odd Lot Trading Illegal?

    You're starting to annoy me. Limit orders are matched. This may or may not entail bundling. Market orders are out of inventory. Period. I'm not talking about ECN's or regional exchanges.
  16. efficiency

    APPLE employees to UNIONIZE

    In theory yes, in reality "they'd" ultimately find an excuse (unless he remains squeaky clean). So I suppose the theme here is that unionization has some bearing on APPL's price? Yeah, right.
  17. efficiency

    Odd Lot Trading Illegal?

    I wrote liquid stocks. I also wrote "generally". As such, the hell they don't. Odd lots wouldn't be reflected in time & sales nor Level II. At the other end of the spectrum block trades can be negotiated. Only appear on tape if BOTH parties want it. Part of the rig. IF they're on tape...
  18. efficiency

    Odd Lot Trading Illegal?

    Bull (correct context) In the olden days, an odd lot differential was charged. That's gone. An advantage of odd lots is limit orders (liquid equities) are generally filled FIRST. Bundled by the ax to arrive at round lots and OFF their books. Basic merchandising and order flow. A...
  19. efficiency

    To become a better trader: Passionate vs Making Money

    Passion is perfecting your craft. A labor of love so to speak. Less emphasis on entries, more emphasis on exits. The latter is a taxable event and your bias is now jaded. Addressing your losses, swiftly and with emotional detachment is the hallmark of a good trader. Done consistently...
  20. efficiency

    why the market will fall much further

    Price tells you just about everything you need to know. Not what you want to know. Need to know. Institutions account for roughly 70% of trading volume. Where is their present mindset??? The threshold for the number of new 52 week lows as a reinforcement is 40 to 50. Today, twas 96...
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