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  1. O

    EGO CHALLENGE (26 Sept 2003)

    Yeah....please give me the remedial algebra course, would you? Start with HIS quote on his performance: "I did + 48 points today per 5 ES contracts ($250.00 X 48 points).", and then explain to me how you arrived at 15 points per contract. Next, explain to me how when I multiplied 250 X 48 I...
  2. O

    EGO CHALLENGE (26 Sept 2003)

    No...I didn't forget that. Maybe you forgot to read my post. AFTER you bother to read my post, perhaps you can explain to me how someone else answered my apparent riddle. Or hell, maybe you can even explain it yourself! OldTrader
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    EGO CHALLENGE (26 Sept 2003)

    I don't think I've ever held myself out to be a "trading guru". But I can tell you this my friend, you don't trade as long as I have without seeing plenty of changes.... changes that required adaptation, learning new tricks. I've asked questions most of my life, hopefully to learn something...
  4. O

    EGO CHALLENGE (26 Sept 2003)

    OK, always appreciate getting myself straightened out as you say. But here's how he himself put it: "I did + 48 points today per 5 ES contracts ($250.00 X 48 points)." Note he multiplies 48 points times the value per point of 5 contracts, which is $250. The implication being that he made a...
  5. O

    EGO CHALLENGE (26 Sept 2003)

    I don't have a clue as to what method(s) either guy uses. I was not 'presuming' that he used a 1 minute chart...I was simply asking IF he did, or IF he used some other type of technique. Not sure what you mean by 'longer timeframes'. I don't use intraday charts in any time frame. I trade...
  6. O

    IRA "day-trading" to be disallowed???

    Not true. If you have $10K in a cash account, buy $10K in stock, then sell that stock, you will be unable to buy another $10K in stock for 3 business days. This is the interpretation of IB. OldTrader
  7. O

    EGO CHALLENGE (26 Sept 2003)

    Did either AMT or Acary say they traded a one minute chart? If they did, I must have missed it. But maybe in fact they do, in which case they will have proved that particular contention wrong. OldTrader
  8. O

    EGO CHALLENGE (26 Sept 2003)

    Just wanted to compliment you on your performance. You had a VERY good day. LOL....amazing how we can lose sight of just how good it was after looking at AMT4SWA's day. OldTrader
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    EGO CHALLENGE (26 Sept 2003)

    That was quite a performance! My compliments. As a matter of interest, in a general sort of way so you don't give the store away, what do you base your trades on? Are you watching one minute charts? Do you use indicators if you do? Or are you tape reading in some fashion? Just...
  10. O

    Damir's Trading Journal

    Actually more stocks down than up by a 3:2 margin. OldTrader
  11. O

    Damir's Trading Journal

    I see you were just stopped out. What do you do now, go short? OldTrader
  12. O

    Damir's Trading Journal

    Where's your stop on this trade? What intrigued you at that particular price? OldTrader
  13. O

    what is your feeling about IB

    So let's see: some character named Ernest gives you some erroneous information as it turns out, and you leap to the conclusion that "IB is lying". ("Yet another IB lie" is how you put it). I don't suppose it occurs to you that Ernest may not have known the answer, so he spouted an answer...
  14. O

    glitch and madness in IB auto margin check/liquidation?

    First, if you have a covered call with exercise price of 10 written against the stock, the stock would NOT be valued at 20. It would be valued at 10. Therefore, a drop in after hours from 20 to 10 would not affect the market value of your margin account, nor would it generate a margin call...
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    Damir's Trading Journal

    I like the way you trade, although I obviously don't have a clue how NoiseBox works. I like to view the day with an eye toward the underlying stocks and sectors, trin, tick, A/D, etc. These give me a bias typically...but I like to fade moves against that bias. Perhaps something like that...
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    Damir's Trading Journal

    I thought I'd comment on this statement. Days like today prove nothing other than IF you got short near the opening, and IF you held it all day long, THEN you end up with a nice profit. What days like today do not show however is how many OTHER days you got short near the opening, and it...
  17. O

    Understanding IB

    I thought it was over 4 ticks, which I believe would be $20 on a one lot, or $40 on a two lot. Based on the reaction I have to believe this guy is a one lot trader, but I don't know that for a fact. Either way, it's not much money. OldTrader
  18. O

    Understanding IB

    Look son, I've got a rule of thumb in life. Those that are loudest in pointing the finger at others are the ones to worry the most about. In your case, you've gone to EXTREME lengths to accuse IB with lying, being untrustworthy, intimating your fear that they will steal your funds. To me...
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    Understanding IB

    One of the problems with the younger generation is that many have subpar reading and writing skills. Take your post for instance: it's unclear whether you are saying Baron opposes IB, or I oppose IB. In other words, you don't know how to communicate. But evidently you either don't know how...
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    Understanding IB

    Well, I see you're still on your rant. Just thought I'd post your initial comments when you got that fill: 09-11-03 08:14 AM "That's interesting, but does it explain what happened? I had a limit order to sell at 69 and I heard the fill when I was away from the computer, came back and...
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