Search results

Do you like baseball? Treat each day as an inning, 3 losses and its over force yourself to wait until the next day. And always have stop limits on your trades, based on the risk/reward ratio of each. Create a $ scale for your trades, small gains are singles, medium gains doubles etc. And as...

As I said earlier, I run Investor RT on my Macs and there's no limit to the charting possibilities. No, I havent installed Snow Leopard yet, will give it a few months I think J

I use investor RT on my macs and it rocks. Current v 10.0 in beta has direct trading integration to IB

I found this service on the web but it says it is no longer operating anyone out there know of such a service which does? J

I tried shorting EWU and FXB but my broker said they had no availability for shorting Anyone have another way to short the pound and the UK? J

More excellent advice, Now, back to price chasing. Today was another great (because its on paper) but sad (because of the losses) day. I went long near the open following the trend continuation from yesterday and banked a huge profit near noon. Then, from 1pm onwards, I kept going...

I'm impressed, surprised and happy This is the first time I post something here and I get good, honest, useful replies. many thanks to all. One thing on the S&P, would it be fair to say that 'the market' or any instrument that tracks it is perhaps not the best instrument to trade since...

Hi all I have been trying to trade using the classic Higher Low + Higher High followed by retracement and price strength for long trades and Lower High + Lower Low followed by retracement and price weakness for short trades. One of the premises of this simple system is not to use any...

Stock Market Wizards? Interviews with top traders? the Marty Schwartz one was particularly insightful for me... J

Hi If a trader wants to trade other brokerage acounts from a few relatives or friends, how does he take a cut from the profits like the hedge funds do? Is there a way to formally apply hedge fund rules (watermark, etc) to personally managed accounts, or is it down to the trust between the...

Hi all I wish to have the ability to simply click on a button and boom, Im in with 1000 shares. Conversely, I click on another button and I am instantly out. No waiting 4 seconds, no endeless screen refreshes, etc. Is this possible for the trader from home? What setup, software, broker...

who are you talking to?

John thanks a lot! Your pointers leave out a majority of candidates in fact, specially given current price levels, the no shorting below 50$ I would imagine would rule out completely any shorting with this system. Great suggestions, many thanks. I will add them to my filter J

I have never backtested a system or idea before how can I do this? I totally agree with the comments about watching the news behind the moves, for instance if a stock is up xx% because it was taken over, it probably wont move much from there. J

Spinn Are you saying that a stock that drops 30% in one day isn't necesarily considered oversold and therefore ripe for purchasing?

So I had an idea the other night... what if you entered long positions near the close in the stocks that are down the most with the highest volume on any particular day and did the inverse for ones that are up the most? And close them at the open the next day benefiting from a bounce post...

The Mind Of A Trader

Yes, I use daily candlesticks on a 6 month period. J

Hi Ive been using a short (13) and a long (50) EMAs for trading a basket of stocks as of late. If the short EMA is below the long one, and it turns upwards, I go long. I stay long until de short EMA crosses the long EMA and stay long as long as it is above. Problem is, by the time the...

I asked in another post about trading mentoring online and received some interesting tips from folks, thanks. Now, this helps the amateur trader like myself perhaps learn a few things, but when it comes to real pro trader status, what is the school? Where do the traders at large firms get...