Search results

  1. X

    book recommandation please

    Also check out the free video presentations by IB. There are some great videos here on options. http://www.interactivebrokers.com/en/general/education/priorWebinars.php?ib_entity=llc
  2. X

    PDT Limitations

    Hello my friend - being near $4k you can trade QQQQ futures at 25% margin w/o violating the PDT rule if you wish. Also you can trade various other futures with a 100 times multiplier. Of course futures can clean your clock too. Good trading to you...
  3. X

    The Million $$$ Quest 2006

    It seems to me that the creativity and confidence required to succeed in this business is the same creativity and confidence which wrecks our systems, kills our discipline, and justifies our impatience. For every trade that matches my system, there are at least 100 which are incredibly similar...
  4. X

    Extreme Newbie Question (not for the faint of heart)

    OMG Futures do not predict the direction of the stock... pls read http://www.investopedia.com/university/futures/
  5. X

    bull call spread should be in profit but isn't. please explain

    The real problem is the subscription option software. It's all garbage and you don't need it. A good TA package for HV, real-time greeks from IB, ivolatility.com, prophet, Hoadley, and Schaeffer's are more than enough. Read McMillan on Options and Mathematics for Finance. On top of that IB's new...
  6. X

    Alberta Oil Sands Stk Pks

    It was interesting in that after the equipment was delivered and the plant tested for operation, they just sat on it. They didn't produce any oil at all. Although my time log is unreliable, it might have been about 2yrs later that the plant actually fired up. That's all I know and can't...
  7. X

    Alberta Oil Sands Stk Pks

    I was involved in the design of some of the equipment 5-7 yrs ago and worked closely with Suncor and Syncrude. They already had the high oil price forecasts factored into the feasibility of their equipment and plant production. It was intended as a long-term investment. Seems like somebody had a...
  8. X

    US equity monday moves

    Vhehn & others: 1. What % of your decision do you give to actual TA backtested results? 2. What % of your decision to intuition and experience? 3. After how many *hours* of experience did you trust your intuition and experience? Many thanks guys
  9. X

    Backtesting based on valuation metrics

    www.tcnet.com
  10. X

    Enter at your own risk

    Here it is - an estimate of the risk of ignoring system signals. In a 5 number lotto draw with 36 possible numbers, the odds of getting 5 out of 5 are P5/5=1:376,992 while the odds of getting 4/5 are P4/5=1:2432 So, if for example's sake, say there are 36 criteria for trade selection...
  11. X

    Crash?

    See FDRY JAN 04 RYAAY JAN 04 IDTI JAN O4 Note quick run-up + lower high + breakdown on high volume. What's your take?
  12. X

    Gambler. Always the best.

    I know what he's doing it's a relative strength mean reversion volatility breakout pullback
  13. X

    Money Management

    I think a lot of this debate stems from the fact that "system expectancy" is just a crude average and our experience tells us when certain trades far outperform this average. 1. Too much credit is given to crude averages and stats which perform poorly on small samples. 2. If we even...
  14. X

    What's the best indicator?

    Option volume
  15. X

    Are there any Lady Traders on ET? How do you trade, what are your strategies?

    "Our prediction, then, is clear: we expect men, the more overconfident group, to trade more actively than women and, in doing so, to detract from their net return performance more. As reported in Barber and Odean (1999b), we find that this prediction holds true. Men trade 45 percent more...
  16. X

    Rock Bottem

    Sid, sounds you like have paid the price of admission! This is good, not bad. From here you can truly learn to trade responsibly and follow system discipline. Traders who stick around find immense growth and character building outside of trading. I take a break and read "Trading for a Living"...
  17. X

    Seems to be alot of ex/current Engineers in trading

    A random sample of engineers might also fall into a normal distribution as regards creative talent and technical abilities. I believe my best asset as an engineer w/experience is a real sense of risk management; failures in engineering are far more often and far less forgiving.
  18. X

    What are your computer post-it notes?

    here are mine: -extract information - be neither bull nor bear -identify dominant market/group -assess strength of market/group in all time frames -how likely is trend to continue -stick to 2% max risk, positive expectancy systems -observe mind biases -avoid slipping into greed or fear...
  19. X

    Newbie needs help

    It's too bad we don't have a newbie FAQ. Read the following books and pretend-trade with the following free software www.tcnet.com www.stockcharts.com www.yahoo.com www.prophet.com Books/Media: Wall St. Journal Guide to Understanding Money & Investing Trading for A living Trade your...
Back
Top