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  1. R

    Finding the most liquid market?

    Funster, your really are a funster. How did I know you would say that pork bellies chops sometimes.:p
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    Stereotypical Daytrader

    I usually tell people I sell crack to school kids, thus avoiding the stigma associated with daytrading. Runningbear
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    Its 3 am....why is there people still posting?

    jpomerenke I'm not sure if you realize but it is only 3.00am wherw you are. It is a different time everywhere else in the world. Runningbear
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    money management stuff

    I recently found this link which may be of valuable for those interested in bet sizing etc. http://keplerweb.oeh.uni-linz.ac.at/trading/moneyMan4.htm Runningbear
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    Taxes in Australia?

    IBC is an International Business Corporation - and offshore company. Runningbear
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    Taxes in Australia?

    The corporate tax rate is about 39 cents in the dollar, so most people set up a business and pay themselves a salary of about $25,000 on which they pay less than 39c in the dollar. You can also employ your wive and kids and pay them a similar salary. You then pay the corporate rate on the rest...
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    Taxes in Australia?

    You also pay a goods and services tax of 10% on everything you buy, which you can claim back on business expenses, but not personal expenses. It is a very highly taxed country. How come you are planning to come to Australia? Either you must have a lot of money or you're marrying an...
  8. R

    Going down with the ship ...

    IBM may pull back into the $67 range next week. I would be looking to exit the short posie there. Then hold the calls for a bit longer - look to exit around $79. On the weekly chart last week was a thrust move that hasn't reversed which says continued strength to me. But then again, who am...
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    Going down with the ship ...

    Aphie, Looking at that IBM chart, if you draw the resistance line directly from the two previous highs, you would already be above it. You've bent the trendline to suit your opinion. And what's worse you are assuming the current price is a high, when it hasn't proven to be yet. It may only...
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    Going down with the ship ...

    Aphe, A lot of traders will fade this rally. A lot will start to build short positions again, but I think these guys will get hurt. You should be able to feel the dynamic changing. For what its worth I think we're forming the lip of a cup, in a cup and handle pattern. We'll pull back slightly...
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    Going down with the ship ...

    Aphe, Statistically October through to January are the best performing months in modern trading history. In fact, if you just bought in October and sold in January for the last 10 years, you would have made a hell of a lot more than if you'd held for the entire period. We've had a hell of...
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    40yo's new career or bust

    Please start small. Consider launching the system after it has given four or five straight losses. Psychologically and financially this will make a huge difference for you. It seems you've got a fair bank roll, so don't let that give you a false sense of security. The market WILL find a way...
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    Using P/E to determine shorting opportunities

    One reason many stocks trade at high P/Es is because the stocks are trading at around, or at a discount to the net assets of the company. A lot of Blue Chip stocks may not be making much money, but still have huge asset value, i.e. property, equipment, patents etc. When you buy the stock you...
  14. R

    Automated trading related question?

    There are heaps of sites. I just typed in 'Alarm' and '.wav' at Google and got a heap. Runningbear
  15. R

    What are the differences between an investor and a trader?

    One is after dividends the other for capital gain. Runningbear
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    Automated trading related question?

    Thanks for that Cash. It was exactly what I was looking for as it allows me to select the .wav file I can use for the alarm. Runningbear
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    Automated trading related question?

    Thanks for that guys, I found a program called Autoping that looks like it would do everything I need, however when I go to download it, it appears it's no longer available for download. As for the big brother computer idea. That is quite possible, as I have three machines running already...
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    Automated trading related question?

    Let's say I'm running an automated trading system, and I need to be notified instantly if my cable connection drops out. Preferably with a long and loud audible alert of some kind. The kind that will wake up a person in a deep sleep. Can anyone recommend a piece of software or hardware that...
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    most bizzare

    Im not an expert on remote viewing, but those that take it seriously say that you can't view the future because it hasn't happened yet. Remote viewing is the concept of seeing soming that is happening where you not. Like jumping on a plane to go to France without leaving your seat. You...
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    The Confidence Index

    Richard Russell is a great mind. When he speaks, I listen. Runningbear
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