Search results

Guys, It might be worth it, given the strength of this uptrend, to wait for that telling reversal bar before taking action. A break of the trend line and failed retest would also be great. Until I get those, I'd be sitting on my hands. The swing high is key. Even a failed swing high would...

Any traders out there using the advance decline ratio? :confused:

Does anyone know where I can find free advance-decline historical data? Thanks, Mav

P2, What do you think the odds are of the VIX basing in a tight range from here? Maverick

Sle, Thanks for your thoughts. Don't know if I agree with all of them, but it was great to wrestle a bit. I'd definitely like to take a look at your quant manual. Sounds good. I'll pm you. Take care and I'll catch up with you soon, Maverick.

I really enjoyed Jim's straight talk, it takes a lot of courage to get out there and say what you really think. Maverick.

Sle, First off, I want to say that even though I don't know you personally, you are in my thoughts and prayers as you go through your stay at the hospital. I know that many are made stronger through times like these and want to encourage you in your fight. I'm not a 'i've got to have the...

Sle, This is not related to your last post, but just wanted to say that I have nothing against phds and quants stuff. I think that it takes great discipline and ability to earn a phd or quant status. If I have the opportunity to pursue a phd in the future I certainly will to improve my...

What book have you written if I may ask? Thanks, Maverick.

You didn't answer my question, which was, how can a phd (the risk manager) miss something as straightforward as that? And according to some, this type of lacking is widespread among risk managers. Wall Street banks are supposed to hire only the best but somehow these guys still don't get it...

Sounds like a story of the kind Nassim Taleb likes to tell. Reminded me of a couple of pages from Dynamic Hedging, where Taleb vents his frustration with risk managers who know little about the spirit of the math. One thing though. Are risk managers just inept or what? With their fancy phds...

I wasn't relating the slim jims to reversal trades, although I can see how my post might have given that impression. Yeah, they are continuation patterns, I only use them as such. Mav.

Does anyone know why he went out of biz in his mutual fund ventures? I think his hedge fund is still around...

TS, Looking at your NQ chart, I noticed that you annotated a narrow consolidation breakout, with "Nice breakout". That's the setup I mentioned in my post on another thread. The risk reward on those trades is excellent, because your stop is only slightly below the slim jim, once you've...

Hi NihabaAshi, It was nice to read your comments. I've read a couple of your posts and always like your patience and the positive feel they have. After a year of being on ET, I'm getting a little tired the amazing negativity and acerbic tone that many have. But once in a while, someone shows...

But they are well worth the cost, imho. Mav.

Jester, I don't know if this might help, you'd have to do a lot of weeding, but Nkhoi put up a massive list at http://www.elitetrader.com/vb/showthread.php?threadid=15610 if the above doesn't work the name of the thread is "another great site with bread and butter TA" there might be...

Thanks for your thoughts. I'm not going to engage in a defense/critique of the methods personally, since that was not my intention in starting the thread. I wanted to get a feel for what people's experience had been. And you've been quite detailed in your response, so thanks for sharing your...

Thanks for your replies everyone. Walter I'll probably start a thread seeking to get reversal traders to share some of their insights, but not now. You kind of confirmed my intuition. Steve, glad you are having success with s/r and vol breakouts. I do think simplicity is the hallmark of...

Seems like most people around here are trend followers, I know many use ORBs and other variations on that. The lack of replies in this thread seems to suggest that there just aren't many reversal traders here on ET. Is that right? Mav.