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  1. O

    What is driving ACH?

    then you have a pain!
  2. O

    1% a day and MM

    More fun to compund at 10% a day!
  3. O

    what is the impact of flu season?

    There is no impact on me unless I get the flu - then I get to take a break and catch up on reading and TV
  4. O

    Countries which do not tax traders' capital gains...

    YOU HAVE LITTLE KNOWLEDGE OF TAX LAW. THERE IS A HUGE DIFFERENCE BETWEEN TAX AVOIDANCE AND TAX EVASION. PS: FEDERAL TAX ON INDIVIDUALS IS UNCONSTITUTIONAL ANYWAY- THAT'S WHY THERE IS A TAX "CODE" AND NO FEDERAL TAX "LAW". IT WOULD NEVER GET PAST THE SUPREME COURT!!!!!
  5. O

    Countries which do not tax traders' capital gains...

    IT IS MUCH EASIER TO OPEN A FOREIGN ACCOUNT THAN YOU WOULD BELIEVE. DON'T KNOW ABOUT IB, BUT A DOZEN OTHER BROKERS HAVE GIVEN ME NO PROBLEM AT ALL
  6. O

    Compounding To A Big Winner

    Thanks. I trade emini, plenty liquidity and average stop is 1.75, largest is 3.25, most stops 1.50-2.50 So not much risk of a blowout.
  7. O

    How high can the S&P go?

    NEED ONE MORE CHOICE -"MAKES NO DIFFERENCE TO ME". IT MATTERS NOT TO system DAYTRADERS. HAPPY HOLIDAYS oten
  8. O

    How high can the S&P go?

    I am amazed how many of you are interested in this lottery. One thing for sure: a few of you will be right and the majority wrong. In the mean time I just keep not caring and making money. Happy Holidays Oten
  9. O

    Compounding To A Big Winner

    i TOOK THE LIBERTY OF NUMBERING YOUR QUESTIONS: 1 - ALMOST 5 YEARS 2- NOT REALLY - NEVER REVERSED OVER 4 TIMES IN 5 YEARS, AND THAT IS EXTREMELY RARE 3- 5 MIN ONLY 4 - NEVER 5 - EMINI SP, BUT LOOKING AT OTHER MARKETS NOW
  10. O

    Child ownership of stock

    BETTER TO STOCK OWNED BY FOREIGN CORP AND YOU AND CHILD ARE PRINCIPLES OF CORP. NO TAX OR REGULATORY RESTRAINTS THAT WAY. EMAIL ME IF YOU NEED MORE INFO HAPPY HOLIDAYS OTEN
  11. O

    Trader and Modern Psychoanalyst looks at fear and greed

    PSYCHOLOGY - HOW I OVERCAME FEAR AND GREED
  12. O

    Countries which do not tax traders' capital gains...

    I do not care what country you live in, taxes are optional! Do what the ultra wealthy do - have use of money and things, but do not own them. Simplest way: 1- Open an offshore (off any country you live in) in Belize, Panama, British Virgin Isl., ect. 2 - Open bank account in one of...
  13. O

    vacation time ?

    I MAKE IT A POINT TO NEVER HAVE A "BAD YEAR".
  14. O

    Compounding To A Big Winner

    My system works on reversing out of a suspected losing trade into the next position. Over the years my average number of reverses until I hit my winning target is 1.67 reverses. (Only 38% of trades ever reverse, the other 62% are winners). The point is, I found that if I double my position...
  15. O

    How high can the S&P go?

    Quite true!! Can't understand why people concern themselves with such questions. The market will let those who learn to read it's message exactly where it is going, but all in it's own good time.
  16. O

    The Dow is a lock to 10,000

    ONLY "LOCK" I'M WILLING TO BET ON IS THAT CURRENTLY EVERYONE WILL DIE SOMEDAY. AS FOR DOW 10k IF I GET A BUY SIGNAL AT 9997.00 THEN I'LL BET ON 10k.
  17. O

    New To Trading...

    This is excellent advise. DO NOT go in 100% until you've tested yourself in real time with real money on the line. For most it makes a huge difference. Best of luck Oten
  18. O

    What is a good percentage annual return for a day trader?

    I average a million a year on a 50K account - do the math it's to complex for me. O
  19. O

    I trade 1 ES

    Yes a tough narrow range - got myself negative early on, but have +2.75 and may quit on day unless I see a good set up. Oten
  20. O

    I trade 1 ES

    I AM AFRAID I HAVE DISCLOSED ALL I FEEL I CAN W/O JUST POSTING THE SYSTEM. IT IS QUITE SIMPLE AND THERE IS NOT MUCH MORE I CAN GIVE ANYONE OTHER THAN THE ACTUAL INDICTORS AND PATTERNS I USE. SORRY OTEN
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