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    Take the Index Piker Challenge

    Sorry to hear about your troubles. You are wise to back away from the market in times of personal stress and turmoil. Not doing so has always worked out poorly for me. best wishes
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    Whats the point having a NASA like control center?

    This is the funniest thing I have read in a week. Thanks for the laugh. Good one!
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    Whats the point having a NASA like control center?

    This is kinda silly. Any given day I have positions on in between 20 - 40 markets between stocks, options, futures and forex. My trading desk has 12 monitors and I have several traders working with me who have between 4 and 12 monitors each. In addition, we have quite a few large screens...
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    Efficient Use of Capital, Position Sizing, Model Allocations

    Someone asked me a question via PM and I asked him if I could answer here: >This might be a stupid question but with my swing positions I usually have 10 positions open with a max limit stop loss of .5% on each trade. This includes the capital to out right purchase the stock but I didnt see...
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    Efficient Use of Capital, Position Sizing, Model Allocations

    Hey guys I have been reading the thread, but doing some traveling over the past week so have been a bit out of touch. I have seen this approach, and the problem is the same: it relies on information from historical system performance. (Whether you're using correlations or some other measure...
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    Efficient Use of Capital, Position Sizing, Model Allocations

    Hey guys, Thanks for starting this thread. After closing the other thread I thought long and hard about starting this thread, but honestly decided I wasn't qualified. I mean I know all the industry standard risk management models and a lot of non-standard ones, and I have a pretty good...
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    Take the Index Piker Challenge

    yeah you're right. was noticing that myself... at some point you gotta start thinking maybe the issue is with yourself lol. as for #2... probably somewhere they have a lot of food would be my guess
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    Take the Index Piker Challenge

    I talked about this on several threads. Friends of friends usually, friends of former trainees, etc... some people in the business do know who I am even though I try to keep a low profile. I work hard to select interesting people with diverse backgrounds. My most recent hire had a background...
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    Take the Index Piker Challenge

    I believe, sir, you have made the classic error of underestimating someone's stupidity.
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    Pro Traders...please tell me what I'm doing wrong - how can I change it ?

    good point on X... one of the worst f'ing stocks to trade... ugh
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    Pro Traders...please tell me what I'm doing wrong - how can I change it ?

    RIMM, JPM, PEP, LVS, SPY (yeah seriously)... or, how about a stock that has reported and has unusual premarket volume? (just saying...)
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    Take the Index Piker Challenge

    Actually Piker, if you want to focus on the SSO's 187% return (and I'm sure attach words like "astounding", "amazing", etc to it) I thought of a better way to look at this that might be more meaningful to you. So yes, the SSO had a 187% return, but following an 85% decline. So the relevant...
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    Take the Index Piker Challenge

    You ask a legit question which I have already answered elsewhere on this thread, but I will also address it here. Trading for a living can really suck. It's boring, it's lonely and you do some destructive things to create excitement. You want excitement? Load up on them palladium futures...
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    Take the Index Piker Challenge

    Dude you are still missing the point, but maybe we should consider the SSO's 85% decline from the high as compared the SPY's 57% or so decline? Anyway, I know this is a new way for you to think (and I know that's difficult for you), but please try... what matters is the percentage against the...
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    Take the Index Piker Challenge

    Piker... tsk tsk... you didnt read the question carefully. The relevant numbers are: SSO SPY High 97.80 157.52 Low 14.16 67.10 Last 40.77 115.13 (Note that high is the high of the rally, low is the low point and last is incorrectly labeled... this is the...
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    Take the Index Piker Challenge

    Piker I know you're smarter than everyone else here, even though you couldn't cut it as a trader (and you're about to repeat version 2.0 of your failed trader experience but this time with your retirement money. That will be fun!) But I have a question for you: Compare SSO to SPY...
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    Pro Traders...please tell me what I'm doing wrong - how can I change it ?

    Well look, in general here's what I would think. This stock list is ridiculous. The $25 price limit is ridiculous. Get that changed... get them to let you trade anything under $100. I also think your stoploss is a little low. I know a lot of people reading the forum think it's...
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    Pro Traders...please tell me what I'm doing wrong - how can I change it ?

    This is a ridiculous list frankly. What platform do you use?
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    Pro Traders...please tell me what I'm doing wrong - how can I change it ?

    How are you trying to learn to trade? TA? Reading the tape? What have they taught you?
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