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    Williams %R

    Yes and no...before comission and slippage is the only way to make that statement becuse My comission and slippage is defferent from yours...so i use a gross vs. net number. you are right on "open vs. close" price data...i agree. I disagree on manipulation if the data...If an indicator has...
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    being a broker

    I started out as a broker straight out fo college for a large firm. it IS sales...and sales is something VERY VERY important to learn. IF you want to make it in the securities business (brokerage, trading, whatever) you want to be on the front lines. the "front lines" are the guys that make...
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    Shorting is not easy too

    Gold futures off 9 points this morning....GLD down 1% in first 10 minutes. look at the difference here. me..."i have 5 diferent points of analysis with "x" plan. you "i have a feeling...." big difference. I also think over time gold will go up...but that cant cloud your judgement...
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    Peak Fish... Not A Joke...

    here in costa rica they are working on a way to have fish farms in the ocean. They have huge nets that make in the water and breed within them. I think it is a good idea...or cut down on comercial fishing all together.
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    Shorting is not easy too

    overnight...probablably 3-5 days.
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    Williams %R

    it varies per instrument...you have to play around...sometimes it works...sometimes it doesnt. GLD for instance..13 period willr is best yielding about 70% before comm and slippage.
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    Williams %R

    I trade off 2 lists. 1. Is sort of a CANSLIM derviative. For longer term holds, but with more technicals and tigher stops. Strong EPS grwoth, smaller companies, "buy the dip" type stuff. for twhen the market is strong. 2. Based purely on technical backtesting that i do on my Bloomberg...
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    How many of you go short and also long

    gotta do both...but there is a solid argument against shorting. That solid argument is that poeple like to buy...so longer term there tens to be more strength on the long side. Poeple are always looking for BUYING opportunities...but people dont always look for shorting opportuinites.
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    Shorting is not easy too

    My advice here is to use varios different methodologies to confirm a buy.sell... for example. I just shorted GLD...why? 1. My backtesting shows that if I use will%r with a 13 period... i get a 70% annualized return long and short. I got a signal today. 2. It just broke below yesterday's...
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    Professional profits

    it is tough to make a buck in forex....or in any trading for that matter. As stated above "professionals" get paid on order flow...not nesecarily taking risk.
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    Placing cash with Managed Funds

    Ill agree with the "no sherriff" part...but wild west not so much. I would be willing to bet that there are more mutual funds than hedge funds that go under. We hear about the hedge funds in the news becuse they are "the big thing"...but there are SOOO many out there and I think most want...
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    Quotes by famous traders~

    "buy high...sell higher"
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    Testosterone drugs for trading?

    i would lthink that the opposite would be the case, that something that increases testosterone would cloud judgement and logic...that something more calming would help.
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    Dumb money is returning

    time to start analyzing puts....
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    Time to Buy Stem cell Stocks if The DEMS win!

    i think there is a lot more to it than that. maybe a area to keep in your watch list...but i would need a WHOLE lot more than that to put money on the idea.
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    if you only have 100 days to live????????

    I saw an interesting article on forbes "if you only have 100 days to live...what would you do?" Kind of fun/scary to think about. Ill start. Well, i already have had great toys...cars, motos, race car etc...but i might buy a lotus or something. I have already traveled most places i...
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    what has been you "tuition fee" to become successful?

    that means there is a problem mate. You should never lose sleep. To keep emotion out of it..i simply program everything. The most important thing would be GTC stop loses. I may only check my account once a day...and that is to send my results to my back office.
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    what has been you "tuition fee" to become successful?

    bingo. it really doesnt matter what the "average joe" loses, and i doubt you could even compile that type of info. to say a number...i would guess around $25k on average...most people quit after they realize there is work involved. some lose much more, some lose much less..or none. I...
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    Placing cash with Managed Funds

    fearless, I have a fund that is exactly what you described. It is called the "global growth fund", and I just started recently it with the help of a broker dealer. my track record in another private fund i had in the states is 32%yoy...which is why i was able to easily get corporate...
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    Why isn't the dumb money coming into the market?

    I think mom and pop are all tied up in real estate still.
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