Search results

  1. L

    Trin

    In the past few weeks the best use I have made of the TRIN was if the ES were pretty much doing nothing around 2:30 p.m., but the TRIN was steadily decreasing, I made a bet on a last hour rally in the ES.
  2. L

    The tide is turning for the specialists!!!

    I don't know if you who think specialists are obsolete have thought about this yet, but don't you remember what happens in those "superior" electronic markets every time there is a slight order imbalance? I won't go into ISLD anymore, because those idiots would never be able to handle the...
  3. L

    How can you calculate the slope of a moving average?

    That's true, but what mr_minty means is that some people like to think of slope in degrees. A 45 degree slope could be a rise of one point per minute, but it could just as well be one point per hour, depending on how you scale your chart. And of course it is even more complicated if you don't...
  4. L

    IRS Trouble

    Are we going to start the discussion about God again? I believe when it comes to religion, GG is on the side of the majority in this country, but he is ahead of the curve. Let's face it, most Americans go to church or say "In God We Trust" or babble about "one nation under God" when they are...
  5. L

    German Traders?

    The point I was trying to make is that it would pay to learn how to read English just for the benefit ET provides over the German language board I encountered. Yes, I used to be able to read German before the latest Rechtschreibreform, where the morons decided to keep all the funky letters...
  6. L

    IRS Trouble

    GG, why didn't you file your return? If you file on time, you can always (I think for at least three years after that) later submit a 1040X and thereby amend your tax return. If it turns out you owe more than on your original tax return, you have to pay only interest, no penalties, and if they...
  7. L

    Late rallies rouse suspicions CBS.MarketWatch.com

    What I find REALLY suspicious is how every time in the minutes before a big surprise comes out, be it an "economic" number or an earnings report, there always seems to be someone making huges bets in the right direction. And the one time the big guy was betting in the wrong direction was a...
  8. L

    German Traders?

    I was looking at a German trading forum once, I believe it had something "futures" or "termin" in the URL, and there really wasn't much there. The discussions were of the kind: "Do I pay lower capital gains taxes in Germany or in Austria?" "Who cares? Don't pretend there is anyone who...
  9. L

    Some commision realities about IB and Tradestation

    Actually, Jay, let me rephrase that: If you believe it should be possible to offer what IB offer at a better price, go ahead and do it. This is America, nobody is keeping you from trying. This post will be read by several thousand traders who would switch to your company in an instant...
  10. L

    Some commision realities about IB and Tradestation

    I have two things to say: 1. Since def has already kind of confirmed it, I am hesitant to contradict him, but I am pretty sure that I occasionally change the limit of a 600 to 1000 share order between partial executions and still receive the .005 for all shares in excess of 500. 2. Jay...
  11. L

    IB -backfill

    Where do I sign up?
  12. L

    Transition: loser to winner

    What is so bad about taking a few years before you become profitable? Were you profitable your first year? If so, did you happen to start trading in the late 90s?
  13. L

    How can you calculate the slope of a moving average?

    The slope is of course relative. But once you have determined the factor k that works best for you, the slope would equal k * ( currentSMA - previousSMA )
  14. L

    Predictions of experts

    Good post! I think the one thing we should learn from this is to start working on anything we can dream of (if we have the necessary funding). Thinking it through before you start might unnecessarily kill a revolutionary idea. Since the weekend is comnig up, I will start the 20 new sites on...
  15. L

    Professor Bubble

    Never trust anyone who says "trust me" or whose name appears to be Smith. Aside from that, am I the only one who thinks that bubbles are often followed by a second bubble a few years later, and it is not too unlikely that the second bubble will be bigger than the first one? I have been...
  16. L

    Some people should avoid to trade from now

    --... ...-- . ... --. -. ...-.-
  17. L

    Life Strategy

    Nicely said. If I didn't know any better I would swear you're a Lutheran.
  18. L

    CNBC

    When a commercial's noise is especially annoying, I usually take a mental note not to buy anything from that company if I have a choice. Well guess what, this morning I was majorly annoyed, and as I looked onto the TV screen to determine which company had bestowed the nuisance upon me, there...
  19. L

    CNBC

    I agree wholeheartedly. But I have another question: When stock prices decrease, the talkers on CNBC often say "money coming out of stocks". Exactly how does the money come out? Let's say there are $1000 invested in a company's stock and share prices drop 10%. After the drop, there are...
  20. L

    Life Strategy

    Oh but it does! Let me take the example of gambling in general (including a huge bluff): It has been determined that given the choice to receive a constant food supply or gamble double or nothing, rats choose gambling. How do I explain this behavior? It works like this: Let's say we have a...
Back
Top