Nice call! Do you have profit targets or do you just raise your stops and let the market take you out of the trade? If so, when do you decide to raise stops? (new support/resist lines?)
Check the post two above yours...
Hey guys,
PLEASE post questions and comments in the main thread otherwise this thread becomes very long and anyone wanting to track the monthly results gets bogged down reading alot of questions and answers. Thanks.
Me too :D I don't know where I came up with the 3.8 max loss at...damn I gotta quit writing these early a.m. posts! :p Results look real good for October, thanks for the info!
Are you accounting for stops?? Looking at the spreadsheet it looks like it is ignoring the rules put forth. For example, the day of the largest drawdown (in your spreadsheet) 5/12/2004 you state that the short signal was entered at 531.50 so the stop would be ruffly in the 535 area (long...
Hey Surfer, Good to see that Oil trade work out for you, I admire your tenacity and conviction in your decisions. Any thoughts on the CAD/USD?? Best, Z. :)
Never heard anything about the firm but I don't know why they would choose that name though, reminds me of the term "Keystone Cops'' :p . I don't know what some of the marketing people are thinking when they are creating the names of businesses/products. Just like Acura's TL sport sedan...
I noticed it was a BB stock. I called IB and they don't allow BBoard or PinkSheet Stock purchases, the guy at the help desk didn't know why just gave me the standard "against IB policy" spiel. Don't know why, they would make a killing in commissions. :confused:
Real Estate,
I used to be a landlord. Owned & managed several properties, bought with little $$ down. (look at Robert Allen books on amazon for ideas on that). Creativity is important in the initial financing - Cash is king in that industry, try to buy with as little $$ as possible. If you...
Hey Surfer, interesting question. Given that I am young, single, have no dependants and have a girlfriend who lives about 2000 miles away my answer is.....Hell Ya!! I wonder what provoked this question?? Are you planning on mentoring a team of dedicated traders to rule the markets?? If so...
copa8,
I tried the internet based java that IB provides and it worked with no problems through internet cafes in Central America. The only thing you might have to do is download the latest java applet if the PC you are using doesn't have it (link available on IB website). Also I would...
Hey Surfer, looks like shorts are in the $$ tomorrow. I thought this may happen, bullish up until earnings then BAM! Down she falls...looks like it so far in the after hours. All good things come to those who wait. Nice pickin' Dave! :D :D