Search results

  1. L

    Vote Yes Or No

    Darkhorse: I'm a fan, but I think this time you're off in left field. I speak semi-fluent Japanese and have MU idea what you are talking about....
  2. L

    so you want to trade against me, huh?

    Brandon, I'm lazy and I can't think for myself. If I join your chat room, will you do all the work? How about I let you trade for me? I'll pay you $200 a month and you promise to send me more than that, ok!?
  3. L

    how do YOU use margin?

    You said what I was unable to articulate. What Daniel and Darkhorse pointed out was what I was thinking when I suggested the logic was a bit ambiguous on Trade4Alpha's original post. Since everyone seems to agree that margin can be very bad if you aren't careful - I'll toss out a realization...
  4. L

    how do YOU use margin?

    "A 10% drawdown turns the 200k into 180k, leaving you with 80k after paying back the borrowed 100k. That 80k lets you borrow only 80k for 160k of buying power for the next set of trades." I'm not sure that I agree with this logic. Wouldn't it make more sense to say that a 10% drawdown on a...
  5. L

    How to make a lot of money without any work

    do the opposite of yourself and make lots of money?
  6. L

    The worst part about trading...

    that you didn't do your homework when you were a kid - and look what Santa did to you.
  7. L

    The worst part about trading...

    Lightning once struck a few meters (about 10 feet for the Yanks) from where I was standing and I swear I dropped like a $2 Market Maker. I thought a bomb had gone off! The sonic boom was insanely loud. The guy beside me didn't even flinch. He just looked down at me on the ground with a puzzled...
  8. L

    TradeStation Securities Announces New Lower Commissions

    I gotta admit, it's not without problems, but TS keeps getting better and better!
  9. L

    Average holding time for winning trades

    If you have planned your trade you could automate the transaction to liquidate when your goals (or fears) are realized.
  10. L

    Position Profit vs Portfolio Profit

    Ok, here's my problem - I'm making too much money... Obviously I'm joking but there is some truth to the statement. I'm making money in a way that is inconsistent with my original hypothesis and I'm wondering what people think. Here's the deal... I take multiple positions near the open...
  11. L

    A list of what I like about Don Bright and Bright Trading

    If you have misgivings about the Bright Empire you are more than welcome to your thoughts. I simply don't understand why you would go to the bother of starting a thread that apparently has nothing but negative tidings to offer. I can say that I've done well by Don. He has participated in some...
  12. L

    MOC Orders?

    I've seen several references to MOC orders recently. Could someone let me know what MOC stands for and a basic explaination of why it is useful (I saw S&P adjustments already). I use TS6 but haven't seen any reference to MOC orders. The term is listed as a reserved word in the index. Is there...
  13. L

    The recognition of the Wall St. Journal

    Vinnie, Congratulations Vinnie - you are the recipient of my first, and hopefully last, negative post. Obviously you have seriously underestimated the "average" intelligence of the people that hang out at this board. A quick glance at your posting list shows that all of your posts are...
  14. L

    Traders under 25K

    Someone mentioned that ETF's are exempt from the PDT rule. Is this true?
  15. L

    nyse open book

    After reading this thread I decided that I'd give open book a try for 2 months or so and see if I can use it effectively. I called up T.S. and asked them for subscriber info. It turns out that they "don't offer this product." Anyone know where I can get it? I'm not prepared to change brokers to...
  16. L

    Swingtrading Versus Daytrading Debate

    Personally I'm an advocate of swing trading. I like to see my positions evolve and there is a lot more room for marginal errors in timing. Having said that, I think that sometimes people forget about one of the bigger expenses associated with swing trading - INTEREST. If you trade on margin...
  17. L

    How long before you become a "Pattern Day Trader"?

    It's easy to say that you want to do longer period swing plays, but if your stops are too tight you will get stopped out on a daily basis and essentially become a "PDT". This happened to me. It didn't affect me in an adverse way so I'm not complaining, but just be aware that a few positions...
  18. L

    Quantifying what we do

    I define my occupation as: development and implementation of derivative and equity systems
  19. L

    Please explain busted trades

    A few weeks ago I made a typing error and placed a limit exit that was $2 above the highest ask. I got filled $1.50 above the spread. It was a listed stock so I called TS and asked them to bust the trade. The guy at TS basically told me "tough shit." I thought about it for a few minutes and...
  20. L

    How did Elite Trader affect your TRADING ?

    I think that the real value of ET is that it provides a forum for us to express ourselves AS TRADERS. For those of us who work from home and don't have a circle of trader friends (my real friends think I'm insane) to shoot the shit with, ET can be a real blessing. Most of the time there isn't a...
Back
Top