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  1. lindq

    How many contracts to buy for 3x leverage in futures?

    Good Lord. How dare you mention the actual exposure of notational value here on ET. Ignorance is bliss.
  2. lindq

    Favorite ETF/ETNs/CEFs for yield

    I can tell you from experience that there is no free ride with these high-yielding ETFs/ETNs. They can be heavily impacted by market forces and gyrations, including their sector issues. So don't throw everything you have at them. Always, always, high returns equates to high risk when holding...
  3. lindq

    Are the 50sma and the 200sma support and resistance on intraday charts?

    Exactly. Use the MAs or other indicators for daily setups. Get a sense of what the picture is on a larger timeframe before jumping in intraday.
  4. lindq

    What do you guy's do to prevent tilting?

    There have been many instances of successful card players moving to trading. One in particular that will be familiar to long time ET members is Bob Bright, brother of Don Bright and founder of Bright Trading in Las Vegas. He made millions with Blackjack until being banned from casinos. He...
  5. lindq

    What do you guy's do to prevent tilting?

    Well said. All the time spent wallowing in B.S. about trading psychology comes down to a simple question: Is your strategy a proven winner, or a loser? And if a trader has doubts about the answer, the result will always be discord and distress.
  6. lindq

    What do you guy's do to prevent tilting?

    Then enlighten me. What's the difference between a poker player and a trader?
  7. lindq

    Trading stocks that have wide spreads

    You're right to carefully consider and calculate the costs of any spreads before you take off on a trading strategy. You'll need a solid system, and very good skills, to overcome the drag of spreads and fees. Traders often fail to include realistic spreads in their plans, then find out later...
  8. lindq

    Trying to understand fees.

    But of course spreads still do exist. And even with decimalization, spreads can still be a significant cost and drag on profits. The OP, like many new to trading, may not take the time to calculate all the costs he'll be facing.
  9. lindq

    ETs Ultimate Trading Strategy

    I saw an interview with Simons last year in which he explained that his initial trading setups were simply deviation from a mean. While that eventually stopped working, as it did for me, his initial success led him to continue in the markets.
  10. lindq

    multiple winning trades

    If your strategy accesses highs or lows of daily data, then it is suspect, especially when applied to equities. To confirm your strategy, you need to access intraday data to confirm that your entries would have been possible, and/or run it in real time for a period that's long enough to give...
  11. lindq

    Basics of selling option Premium?

    There will come a time when you regret that statement, and then you'll understand that it's a big flaw in a strategy of selling premium. When you open a short option position, you're putting yourself at the mercy of future events (earnings, black swans, death, destruction, etc.), which you...
  12. lindq

    I need some serious advice and help on day trading FOREX

    If you are determined to continue, despite the advice not to do so, you need to (1) Simplify and (2) Focus. Locate a few instruments that trade high ranges intraday. If it doesn't move, don't trade it. Target price action. Very simply, what is happening to price at this moment, compared to...
  13. lindq

    Naked Chart Trading and discussion

    It's a lot more efficient to code for price action, than it is to chart for it.
  14. lindq

    Vehicles I Have Known and Loved

    Cornered like a go cart. Could take a right turn at 60. But too low to be safe to drive in traffic.
  15. lindq

    I need some serious advice and help on day trading FOREX

    "Norm Fosback, the former head of the Institute for Econometric Research, once stated that "there are no magic numbers in trend following... It should be a basic requirement of any moving average trend following system that practically all moving average lengths predict successfully to a greater...
  16. lindq

    I need some serious advice and help on day trading FOREX

    Unfortunately, in Forex, you picked a market that is extremely difficult for retail traders. And it appears that you want to keep digging in the same hole that's only going to get you deeper into problems. Best to move on.
  17. lindq

    Simple swing trading ETF strategy: buy eod 2d highs

    You've been using TradeStation for years. Why are you asking for coding help?
  18. lindq

    Election Night 2022 Thread

    From results in 20 and 22 it is clear that the electorate is done with Trump and his destructive negativity. The Republicans would have done much better without him in both elections.
  19. lindq

    Election Night 2022 Thread

    Yes, overall a good night for democracy.
  20. lindq

    Examples of pre breakout price action

    That's precisely the opposite of my experience. But, that's what makes a market.
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