Search results

I could have sworn he used a martingale system. In his third post on his journal thread is this: Maybe I was misinterpreting his strategy, or else he claimed it was a martingale strategy but it wasn't.

Sorry, I was actually referring to: http://moneycentral.msn.com/investor/finder/matcher.asp It is a lot more powerful than the first link I sent.

http://moneycentral.msn.com/investor/finder/customstocks.asp You could fill in one line of criteria to do your scan: Avg. Daily Vol. Last Month, High As Possible, No Value You can change the number of returned stocks to be 40 and that would give you the 40 highest volume stocks. This...

When you feel angry, turn off your computers for the day. Walk away from the market til you are in the proper mindset to trade. If you had had somebody looking over your shoulder today, they probably would have told you to take a break. You need to develop the skill of looking over your own...

So, the 15 minute chart will fulfill all my dreams?

In your experience, is it more important to key off price movements out of whack with news (i.e., good news = selloff, bad news = rally). Suppose good news causes a rally - would you consider that scenario to have the same significance?

http://www.interactivebrokers.com/html/tradingInfo/shortableStocks.html Click on US Shortable Stocks. Type in RIMM - none to borrow.

Do you use stops? Hard stops? Time stops? What happens on days of reckoning when you keep on averaging down into your position? Or have you not experienced one of these days before?

So do you use hard stops? Do you use time stops? How often do you get stopped out for a big loss that just keeps on going and going?

As a followup, when I made my MTM election for securities trading, I specifically referenced 475f(1). No mention of 475f(2). Therefore, I have not changed the accounting method for commodities trading.

You have to be a full time trader to elect MTM. But if you are a full time trader you don't have to elect MTM. You can elect it for securities trading and not elect it for commodities trading.

This is correct. You would have two businesses I believe. One in securities trading. One in commodities trading. The elections are distinct.

What have you done this time, Mr. Gilzow?

I found the thread on Yahoo and the conclusion was this: So apparently this person was arguing with IB about an accounting discrepancy of 70 cents. And it turns out the discrepancy was due to a cancellation fee brought on by their own actions. Now suppose this person became really...

Was there any point in the day that you realized that you were breaking your own rules? If you did notice, then you should have exited all positions immediately and taken a break from trading. If you didn't notice, you need to develop better abilities at monitoring yourself. You need to...

This is funny stuff - I wouldn't want a customer who was busting my balls over 70 cents.

If that's a goal of yours, you can do that today with a little help from MasterCard.

If this is true, seems like nothing should be busted. It should be considered normal electronic matching behavior. Doesn't Globex only allow stop-limit orders? So all these cascading stops are simulated stops?

What if they bought back QQQ, SPY, DIA just to breakeven or limit their losses? Hopefully there is some financial penalty to these fat finger mistakes. Maybe firms shouldn't hire people that look like this: http://www.designstop.com/free_stuff/clipart/kids/assets/gurl4.gif

No, they stand. As theorized earlier, the fat fingers firm, knowing their own mistake, would be free to scoop up as much dia, spy, and qqq as they could during the confusion.