Search results

  1. B

    New trader looking for good entry backtesting and strategy testing

    Sorry amswak I have misread you. When I saw the word "new" I automatically associated that with "beginner". Let me try to be useful to the questions you asked: I am a TradeStation user. I have taken their Easy Language class and had tried to do play with some programmed trading. But my...
  2. B

    Will the S&P hit 1000 or 700 first?

    ES futures now 725... 722... only 22 points to go.
  3. B

    New trader looking for good entry backtesting and strategy testing

    amswak: I just want to say "good luck" to you. Your quest is a very risky one. You enjoy your day job. Stick with it and forget about trading. Don't believe what those commericals from brokerage firms telling you that you can make millions and millions of dollars trading a few...
  4. B

    Trader TAX petition

    It depends on your alternatives. For European countries like UK, The Netherlands, Switzerland, Germany, etc.. this is probably no big deal. But if you are from some African countries, South America, India, Indonesia and such, I don't think you would say it so lightly. So Chinese illegal...
  5. B

    Hedge funds using TradeStation/MultiCharts?

    Success? TradeStation is a tool. It can help you execute trades automatically. Will one be successful or not, wouldn't that depend on how one uses this tool (i.e. your own strategies of trading)?
  6. B

    Tradestation's Radarscreen review??

    Yes SKF is extremely risky. It is a Ferrari on steroid. Not for beginners, not for the faint of heart.
  7. B

    Tradestation's Radarscreen review??

    I trade only SKF these days. It is a leveraged inverse of the financial market. But it has very good inverse corelation to SPY (S&P 500 index proxy). I like it because of the movement. When SPY moves up $0.50, SKF moves down $2.00 or so, vice versa. SKF easily whips $0.50 to $1.00 in 20...
  8. B

    I can't beleive the sp00z

    You have been in a coma for the past 6 months? Or you only look at price charts once a year? No access to TV or newspaper (but you have internet access)? Pardon me. I am usually not this impolite. But this is a bit too much.
  9. B

    Tradestation's Radarscreen review??

    It can certainly alert you of potential trades. But it is strictly a mechanical system. From my trading experience, I found that these mechanical signals are ambiguous figures. Meaning: they can be interpreted as bullish or bearish depending on the context. I used to scan hundreds of...
  10. B

    Who's stupid enough to be shorting these levels?

    You said the sentiment is WAY TOO Bullish. I don't understand why there is more downside near term. Did you mean they are way too bearish?
  11. B

    Trading In an IRA

    I don't understand this. Why are you not able to sell your stock anytime and must hold them for 2-3 days? You can buy any equity with an IRA, and can sell it at any time (even just one minute after you have bought if you change your mind). It's just that the proceed will not be released for...
  12. B

    Not enough brokers-too much stock to sell-

    Those cold calls are for pushing products that nobody wants to buy. You generate GDP by producing products that people actually want to buy. With the Internet these days, customers will find you. Perhaps you want to go back to hire people going door-to-door selling stocks...
  13. B

    Trading In an IRA

    Cons: Trading stocks in an IRA account: - Can't "day trade". Need to wait until trade is settled before buying. - No margin leverage. No 2:1, no 4:1. - Can't short. You can work-around it by buying Ultra Short ETFs, like SKF, SDS, FAZ, etc.. But... you can open an IRA futures...
  14. B

    TickerVantage ??

    With $18K, does it come with escort service from Hollywood? :p
  15. B

    Does anyone daytrade

    I hope Michelle Obama doesn't find out her husband sleeps with a guy.
  16. B

    Different LCD monitor makes

    I have a mix and match assortment of different LCD monitors: different makes, different sizes, different shapes (3:4 versus 9:15). Here has been my experience: Envision I like them the best. Best color. Crisp. Samsung, ViewSonic they are solid AMW less known brand. They...
  17. B

    Who's stupid enough to be shorting these levels?

    This plan doesn't make sense to me. If you know the index is not going to move up for 1-2 years, why tie up your capital buying it now? Wouldn't you be better off buying it in 1-2 year?
  18. B

    How do you trade stocks?

    In your earlier post, you said "0.0025%". In this calculation, you use "0.0025". Which one is correct? 0.0025 = 0.25%
  19. B

    Pictures of your trading stations

    $600 - 3 x 22" LCD monitors $300 - Sofa fixture and cushions $39050 - the rest of the useless overhead
  20. B

    Pictures of your trading stations

    When will you take the medicines from one of the three bottles? When you are winning or losing? :D
Back
Top