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Good question. I would lean towards more being "discretionary" that does follow a systematic approach. Don't get me wrong I do pay attention to support/resistance, but I do not believe it makes a big difference(it is just a price level after all). When I look at a company I pay very close...

My current holdings and price/share I paid are as follows: "ticker" "price" "quantity shares" Longs- DATA 94.05 105sh HII 138.39 140sh FCAU 16.34 800sh ROST 106.91 80sh LNKD 265.93 59sh Shorts- None Please feel free to ask questions. Hopefully, this can be a fun way to share and learn from...

Thanks, yeah my risk measures have been the highest ever. I am not interested in GOOG, it is lagging against to many other tech names. I think NFLX and LNKD have way more growth potential. I do agree that AMZN has some potential, especially after this most recent gap up. More time is needed...

Hi all, if there is interest I can start posting my trades. I have included my performance from October 13th, 2014 to now. I have always been profitable, but always struggled to be consistent. The October 2014 correction stung me bad and was a turning point. As a result, I finally deployed...

Ahh that was what I was thinking. Oh well I will keep paying my half penny :)

I make about 2-5 trades a week on an account of about 60k should I be doing this?(I have IB)

Not trying to troll. Seriously analyze your situation. The firm you are with has no edge. They are merely teaching elementary technical analysis and hoping for the best. "You don't get a salary and they're not going to tell you how to definitely make money. They will almost certainly hire...

They sound awful, why stick with them?

What prop shop do you work for?

Interesting, yes I get that the short side will maintain margin. My goal with this strategy is to steer clear from anything that has to do with being market neutral even if it means losing the extra margin/insurance from the hedge. I want to speculate and accept the risk lol.

I almost want to see a bear market come through(as we really could use one anyways) and test my portfolio. I do this all manually, studying correlated names of a stock I am interested and setting my own ratios. I then create a massive watchlist of all my spreads. At times I even spread my...

Are you manual or automated?

I agree as the bull market makes everyone look brilliant. Time will tell. I did manage to make some good trades though in the first half of May(some that I still am holding now). Only time will tell. In my experience, my portfolio tends to see some of its best days in more bearish times, and...

It can be a poor allocation of capital depending on the market we are in. Overall, I think it is a good strategy for the risk averse. In my case, I am trying to take an existing idea and apply it in a non-traditional way. More than anything, I am looking for like-minded individuals who are...

Oh I hate it when you give me that look Chan man :) @onemoreshot Thanks for the kind words.

Does anyone ever model spreads/pairs and only trade one of the legs? I have been doing it for the past 2 months and it has been working really well. I just wanted to see if others incorporate such analysis into their strategies. The idea of the strategy does make sense as you are buying an...