Maybe this was already suggested ...
Have your friend set up a system for himself.
Have him start with 1 contract trade it until he reaches X
then go to 2 contracts. If $ drops back to a certain amount - reduce to 1 contract again ...
Set goals for 1 2 3 4 5 contracts etc ...
and...
ER2 60 min 8-31-07
The horse formation - ya its new ... just decided to coin it.
I'm sure you can figure out what the implications are from the picture.
Mix between a dbl bottom and a dbl headed beast but looks more like a horse IMO.
Stall could occur at gap and definately at the...
YM chart
I am kind of wondering if we just formed a h&s bottom on the 60 min or perhaps broke out of a descending wedge
The drawing on the chart is just for fun. I'm not going to try to guess what the market will do but I like to see if I'm anywhere near to what it may do.
I do like to...
I use both IB and Qcharts
I use Qcharts because IMO nothing matches the ease and beauty of thier charts. Sometimes theres techincal issues that are annoying; which supposedly are being worked on ie they have a pre-release beta out atm.
IB isnt bad ... had them for awhile now. I get...
COST 60min 8-31-07
Failed island reversal play -
A few things to note here -
First off we were in a symmetrical braodening formation (which can be volatile in terms of price movement).
I got in at the start of the 2nd red candle after the dbl top island reversal. I was a bit concerned...
AAPL 60 min 8-31-07
nice large reverse h&s with a strong white candle breakout.
Down at the head is a island reversal starting it all - playing island reversals are one of my favorite patterns (maybe they just look pretty ;)
Some things to note - I got in when we formed the hammer...
NVDA 30 miun chart 8-31-07
reverse asc triangle or broadening formation
1. breakout should be worth 6 points in the underlying
2. I thought we were going to have a bull trap there for a moment. (forget which is bull or bear trap) - meaning to trap the bulls because we have a fake...
INTC 60 min 8-31-07
Showing my 3 trades -
1. Was a paper trade based off the large h&s top
a few things to note - we completed the pattern in one day and reversed. Long wicks often touch the target and do a strong bounce off it. When this happens we usually can get a strong reversal...
- I started 'messing' around with some options puts/calls
to keep myself interested in the game-
I'll have to look up exact numbers (dont have them atm) ...
But started out buying some puts
On 8/28 (the semi large down day)
Bought some COST and INTC sept puts ...
I sold them both the...
I think hes looking to spend less - not more. But still have a movement like the ym or es.
So instead of going to the 25$ blackjack table go for the 5$ - cept I dont know what avenue you should trade.
I agree with what the others have written.
If I was trading from home full time. I would make sure I took time out to do more outside activities. ie think about all the wasted time you do with a normal 9-5 job ...
driving
lunch breaks
idle chatter
boss and co worker problems
doing...
So how does it work if I am working in the UK but I plan to start trading my brokerage account that is located in the US.
At the end of the year do I just claim capital gains tax (assuming I make money). Or do I need to include all income earned and then?
ET70424,
A few things about Qcharts ... first off I havnt heard anything about Qcharts being phased out. If anything they are working on it alot more then lycos ever did. They just came out with the release candidate (beta) which is basically just before gold. 6.0012.
Which will use...
ya happened to me ...
I didnt take the full funds out persay but ...
I took enough out and you know how they charge you like 20 or 30$ everymonth for data even if you arnt trading.
Well that added up over time (forgot how long I went) - and then before I knew it my account was closed...
Well I know on the YM chart the 12600 level looks like a pretty strong support. We've moved up since then so that doesnt mean we arnt going to come back down and go test that again.
Lets let the market decide ...
Not sure if anyone mentioned
NOD32 - one of best anti-virus progs I've used; low resource hog and - gets updated all the time.
Most computer related forums suggest NOD32 and kaphros(spelling) as being the 2 best ones out there atm.
thanks for the info Dirk
We need a president thats going to make this a priority - lock teh borders down - least the mexican side. And start deporting.
If they dont want to deport make them go through the whole process and fingerprint etc ...
At work today I had some frustrating and stressful situations happening at the same time.
I had a bunch in a row and they built up and I ended up not handeling a situation correctly.
Reminded my of how the market could do that too you... You may feel frustrated by its moves and...