Search results

Hi, Since January I have been using a great service that gives me real time info on the markets. One of the features of the services is a "rumors" category and there are often 2-3 of these on any given day. They are usually related to either unconfirmed takeover talks, deal speculation...

Hi all A few quick questions about options. 1) In terms of realizing a profit, what is the difference between selling a put/call that has gained value and exercising the option in question... is there a difference?. Or is the resulting $ profit exactly the same? 2) What does to "Roll"...

I think I may just stay away from those rumor based breakouts. They have provided no value. It's a shame though, who ever has been on the other side of my trades has made a killing... J

Thanks to NoDoji Scalper Joe and RichKid for the follow up comments. I was on holiday so sorry for lack of follow up. One thing I have been testing this week with some added success is placing small trades at the open of all my monitored stocks and then at 9:45 I add to the ones working and...

- Thanks. I will look up Dustin - No not really. Since the market is so crazy nowadays, I decided not to have a bias. Besides, some wonderful shorting opportunities may come up in strong days why not? Doesnt mean I will take them, I just keep all options open. - Good point and thanks for this. J

I don't know the answer to any of these but I will begin to pay attention to the statistic. Thanks for the rec. on position size. will do. Is 1% of account value max. risk per trade ok? i.e the position will be such that the delta to stop loss x shares = 1% of account value (500$ in the case...

BTW, I hope I don't jinx it with this, but it's the first time I've had a meaningful constructive discussion on this board without a single negative/aggressive post! J

The results are live, after commissions (and slippage of course). Thanks for the feedback. My continued development will lead me to continue exploring the issue of volume. Perhaps it's not its SMA, perhaps its something else, but I believe one must, as a minimum, go with the crowd when...

The fact that not all trades reach their profit target and change direction/trend before doing so and therefore are exited manually or at breakeven. This is something to think about... how come stop losses are always reached but not all profits targets are?... perhaps 2x1 is too greedy.

I do use 10% of account value in one single stock, not risk (the stock would have to go to zero with no stop loss for this position to bite 10% out of my account). The actual risk vs. account size of any single position is no more than 1%, assuming a trade with 10% of the account value is...

many Thanks!

- How do you define over trading? How much is too many trades? I don't know, I make the trades that my system dictates and the ones that are triggered based on my rules. - Only one strategy, the one described in the first post - During the day, yes, 99% of the time (no positions overnight)

Thanks a lot. I will consider your suggestions

Rabbitone here are my follow up comments to your questions, in the same order - I have a goal of making 1% per day (obviously not making it) - Yes, my account size is around 50,000$ none of it is "sacred money" - I have paper traded this strategy during most of last year, and the year...

Well all trading plan needs an entry signal. I chose volume above its own MA on the basis that this means an increase in the crowd following this particular price movement and therefore provide strength to the movement.

I have and the results are not very good, with a % win rate around 50%. That is why I was asking for feedback, I would like to improve my % win rate

Yes, all day watching the market.

No, not really. Since stocks in the news change so much I don't think this is possible. How can I know which stocks I would've traded on feb 15th 2007, for instance? J

Description This Day Trading Strategy aims at seeking daily positive returns from long/short positions in stocks based on large price movements that are accompanied by breakouts in volume. Stock Screening The strategy focuses on the Energy, Healthcare, Financial and Technology sectors and...

Hi My broker, OXPS, rarely has availability for the stocks I want to short. Is this normal or does this feature vary from broker to broker? Also, since these are for day trading, I have a question about options. Can I buy a put and sell it a few minutes later, i.e. can you day trade...