Search results

  1. L

    Why a traditional tecnical analyst cannot trade

    Boy howdy! This is the first time in my life that I have had a double error surfing the internet: "Additionally, a 404 Not Found error was encountered while trying to use an ErrorDocument to handle the request."
  2. L

    Trading the opening

    That's the way it is. You can reduce your size. One thing that usually works in the first few minutes is to watch CNBC, and if they have a "big mover" get in with a LOO or at the first retracement.
  3. L

    daily expectations

    Let's see, if I set a goal for myself it tends to hold me back, but if I don't set a goal I make even less. So I decided to go with a goal. Since I am kind of a perfectionist, I prefer weekly goals, because the chance is much greater that I will make it than with a daily goal. That being...
  4. L

    Is NYSE Price Improvement fair ?

    Zinger! That's a good one. Of course, I agree with Mecro, if you can't get on the right side of price improvement, maybe you should not trade.
  5. L

    GBP versus USD

    I don't think you should time the forex market. Right now, if my timeframe were weeks, I would probably buy the pound sooner rather than later.
  6. L

    Is "Buy bid, sell ask" practical?

    You must be trading NSM. I used to doubt people bashing specialists on here until I tried a few trades in NSM.
  7. L

    SIZE

    I am kind of profitable, and I said something like that on here. It's just like Brandonf said, you have to increase size slowly to allow yourself to get used to it.
  8. L

    How do you find a head hunter?

    I put my resume on monster.com or some similar site in 2001, and in the following months I received about 20 calls from 3 or 4 different headhunters. Of course, that was when some people had not realized yet that the bubble had burst.
  9. L

    Time to go short?

    This is the first night in a while that I am not significantly long. I think the market will keep climbing for a while, but the risk that it opens down 20 points tomorrow and doesn't turn back up for months seems greater than the corresponding opposite move.
  10. L

    What attracted you to trading?

    My choice was the rat race, but it's true, trading is good for a laugh every day. For some reason, this always makes me laugh: Let's say I have a small limit order on the NYSE at the inside ask (or bid), and I would really like it executed, because the price is about to turn. All I have to do...
  11. L

    IB is a GREAT Direct Access Broker

    Although I am probably one of the smallest traders, I look at it this way: I would rather have no credit interest for amounts under $10,000 than having to pay the .0003 SEC fee on stock sales.
  12. L

    Forex trading with Oanda

    Did I say "Forever"? Anyway, when I was a young meerkat, I worked in the colony paying my dues, accepting without question the prevailing views that a meerkat's life was one long grind, digging holes, standing guard till it crossed my mind. I was wrong and all alone and what I needed was to...
  13. L

    Forex trading with Oanda

    What?!?!?!? Only 30:1? Geez, that means the Euro would have to move more than a full .03 to wipe out an account! Like that is ever going to happen.
  14. L

    IB is a GREAT Direct Access Broker

    I was wondering the same thing.
  15. L

    Intuitive Trading

    Exactly.
  16. L

    Intuitive Trading

    If you ask me, anything that can be done by hand (such as trend lines) without using ooperations like addition or multiplication, would not be considered an indicator for the purpose of this discussion. This definition would draw the line somewhere between trend lines and pivot points...
  17. L

    Wiped out in a day

    I concur. Besides, if anything, I would consider going long the Euro right now.
  18. L

    Intuitive Trading

    Is there anyone out there who doesn't care about MACD, stochastics, pivot points etc, nor any fixed set of trading rules or (semi-)automated system(s), but rather looks at a stock, thinks to himself, hey, let's buy this one, then, a few seconds, hours, or days later, thinks, let's sell it now...
  19. L

    The next long term trade

    Looking at the charts, I can only agree with you. However (and I don't know how valid every single argument in the following chain is): A couple of weeks ago North America experienced quite a little blackout. We can expect a wave of human births a little more than 8 months from now. PG...
  20. L

    Is there such thing as Market Makers with Electronic Index/Interest Rate Futures?

    It depends on how you define MM. I would think there are plenty of MMs in US equity index futures. But of course you are right (or so I hope) about the strict price-time priority.
Back
Top