Search results

  1. B

    Trading system can't short SKF/FAZ/SRS - need ideas on alternative symbols to trade

    I had problems borrowing shares of SKF to short about 2 weeks ago. Last week and this week I could freely short SKF as many shares as I want. This might be individual brokerage firm (clearing firm) issue.
  2. B

    How do you handle big draw-downs the next day?

    I don't know what these boastings are all about. An automated trading system, up 10% one month and down 10% the next month, with 34% over a 2-year period (17% a year) doesn't interest me. If this is a system that's better than 97.3% of other systems, I will never be interested in automated...
  3. B

    Software Developer seeking to write trading app

    I don't know what "simple trading application" means. Trading is serious business. Trading is war! This is not kiddie stuff. It is not an electronic paint tool toy or let you create your own greeting card on jibjab kind of thing. The key in making money in trading program is in the...
  4. B

    Make no mistake...daytrading is where its at...

    1) To clarify: I am not afraid of gaps. I embrace gaps for trading the opening. Day-trading is my chosen method of trading for the time-being. 2) Excuse me? What does it mean by "intraday gap"? Is there such a thing? You have to explain this one to me.
  5. B

    Make no mistake...daytrading is where its at...

    I am a pure day trader myself. It started a few years back after one day I decided to short RMBS, 500 shares and the very next morning it gapped up $10 on me. Losing $5000 overnight is really painful. Paranoid about gaps? Think it will not happen to you? How about RIMM gapping to 60 from...
  6. B

    Maestro, (peace be upon him) I give you 3 days to prevent me from posting on ET your

    1) Drinking alone with yourself in front of a computer on a Friday night posting on ET is sad. 2) I am very surprised a drunk can still be semi-coherent and have no spelling error.
  7. B

    Looking to trade off a Laptop while traveling

    I am using a HP dv9730us laptop (running Vista) as my primary trading computer. Bought at Fry's for about $800 in March 2008. I like it in general but this laptop had been sent back to manufacturer twice for repair. hard drive problems and motherboard problems. So I am not that confident in...
  8. B

    proprietary trading positions

    I am not trying to put you down. But I want you to think for yourself. 1) You have never traded before. 2) You want to apply for a trading position. Question: Why would any firm would ever want to hire you to trade for them? Do you think they will pay you a salary, and let you trade...
  9. B

    best books you've read on trading

    That's how I felt about Malkiel's "A Random Walk Down Wall Street"
  10. B

    best books you've read on trading

    A 5k account, making 500/month, which is 10%. And = 120% a year. For starter. I admire your ambition.
  11. B

    How do you handle big draw-downs the next day?

    Thank you all kindly for your comments. I know I have lots to improve on my trading methodology, risk management, and psychology. As do many traders. I know my approach to trading is far from perfect. And everyday, every trade is an opportunity to improve myself. But to immediately say...
  12. B

    trading journals

    I am an intraday scalper trading stocks. I do typically over 100 trades a day. I wouldn't be able to track and review every single trade. I am also very visual-oriented. I only focus on the medium to big loss trades. (My justifications: the small losses and small wins are not that...
  13. B

    How do you handle big draw-downs the next day?

    How do you get back to a horse once you fell off from it? Let's say you are making a living trading and on average take in $1000 a day fairly consistently. Then on some of these days you have sudden draw downs. May be a loss of $4000 for the day. It seems that on that day, no matter what...
  14. B

    How can I link up a common keyboard

    I use the Belkin "FLIP" series KVM switch. 1 keyboard, 1 mouse, 1 LCD screen for 2 computers. They come with an external switch (which I like) instead of relying on the keyboard "hot key". An LED light (green or amber) to tell you which computer is 'hot". Very handy. About US$40 from Fry's...
  15. B

    stop order for after hours

    Use your hand-held calculator? Or there is calculator program in Windows. e.g. If your stock bought price was $100. 5% is 100 * 0.05 = $5. Set your stop order at $95.
  16. B

    Gap fills?

    Yeah. The key words are "almost" and "eventually". Eventually - like day trading shorting a up-gap, you hold your short and ride the meteoric rise and wait for the fill a few years later.
  17. B

    CL.I.P.S. system shown how it works, mistake of owner he won't soon forget

    Seems like you have already made your conviction. Is there a question in your three posts? Why a bump?
  18. B

    NYSE vs Nasdaq

    NYSE is a highly prestiageous stock exchange providing a trading floor for the most successful companies than Nasdaq. Examples: LEH BSC C AIG FNM FRE GM F The list goes on and on... And don't forget Krispy Kreme: KKD!
  19. B

    Day trading is like a guerrilla warfare

    Why will you be happy when most people KNOW daytrading is a losing game? We constantly need new people to bring in new money to this market! Or else the successfuly traders will have little to feed on but each other. When all the zebras have died out and all you have left are lions, what...
  20. B

    Has anyone here traded a real stock market crash?

    From you guys' perspective: comparing the "crash(es)" in 2008 for Dow/S&P to the older crashes in 97/98 or 87... do you feel that the crashes last year were not to that scale any more? Yeah Dow down more than 500 points would have all the nightly news reporting as a "crash" but the impact did...
Back
Top