Search results

Nobody is getting info early. That big spike was helped by hedge funds doing SAR. It's common to SAR below the low of the previous day.

Regular giving to charity used to make sense. Since the introduction of the Itemized deduction limit (of which charitable giving is included), it no longer makes sense. I used to give a organization $1,000 and get about a $500 deduction. Now I have to make $2,000 to give $1,000 to the...

Discipline has always been one of my biggest challenges all my life. I'd start something then let it sit 95% done. At one time I was 4 years behind in filing my income tax returns. Only after I got a bill from the IRS for 45k did I get going and get the returns in. I never knew why my discipline...

If you're serious about trading options, get Optionvue. It has tools for your scans and a scripting language so you can put in all your exact criteria in realtime. http://www.optionvue.com

Yes, the opportunities are huge...and they have to be to attract new money. I don't know about equties, but in futures every winning contract has a offsetting losing contract. If the winners in any given year represent 20% of the players as in a pereto-levy distribution then the opportunity must...

That's not a trader's car...this is a trader's car...

I took the 3 test every two years (requirement at the IB I worked at). First time it took about a week of study. After the first time, a weekend was all that was needed to refresh in areas I hadn't used.

The SP multiplier started at $500 per-point. I think it switched to $250 per-point in Nov. 1998.

2k, 1 Emini, daytrades only.....no problem.

In my case the after hours work is about anticipation, not prediction. In my after hours work I run some models and when they trigger trades for the next day I prepare my worksheet so I know where I need to get long/short. Since I trade against the models, if I see something that indicates...

I did a few tests and it seems a reasonable estimate for fixed ratio. Of course to obtain the constant you'd have to calculate the optimal f or estimate it by squaring the fixed ratio constant. If you know one I guess you can estimate the other. Both methods focus on max. losing trade and...

Two books come to mind. The Trading Game by Ryan Jones with his Fixed Ratio MMGT methods Portfolio Management Formulas by Ralph Vince with his Optimal F ideas The Optimal F calculates the maximum compounding rate that can be achieved with a given set of trades. He disregards drawdowns...

That's how I got hooked! My bud has a pad at his home in New Canaan and has a pilot fly him to work in NYC. Then he leases it to a charter during the day. It pays for itself and gives him free commuting!

Sorry about that. Didn't realize it was that full. The only hot chick I want to fly with me is my wife and she won't go near one!

I'm looking to get a PHPL (Private Helicopter Pilot License) (visual flight only...not instrument rating) during the month of August. Is this realistic if I devote 100% of my time every day? What class of FAA medical do you need? I've seen class 1,2, or 3 depending on the school. If there's some...

I guess it all depends on what you're playing for. I play for the daily range. I use loose stops until I think the daily range is in and then I tighten. The range so far is 16.5 and I think a little more range is likely. My stops are now set above the pivot of 992. When I think the range is in...

One of the problems with trading is that all the past information is a subset of some unknowable future distribution. The amount of price movement over a period of time also does not conform to a normal distribution so stats can only be used for rough estimation. I've posted this before, but I...

I found 3 books in my collection that I think were valuable. The Mathematics of Technical Analysis by Clifford Sherry Design, Testing, and Optimization of Trading Systems by Robert Pardo Encyclopedia of Technical Market Indicators by Robert Colby

For purposes of discussion I'm assuming you're trading ES. I can think of 4 ways to improve profitability. 1). Increase size - If your money management is very conservative like 1/2 of 1% risked per-trade you could increase it to say 1%. You'd think this would double profits and drawdown...

It's pretty easy for a real developer to establish trust. Just provide signals on a realtime basis and let the consumer pay monthly at 20% of cumulative profits until the system is paid for. If the consumer bails at any point they don't get the system and the developer isn't floating more...