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  1. kmiklas

    Tithing on Market Earnings

    Proverbs 3:9-12, NAB
  2. kmiklas

    The Best Trading Proverbs

    Wow this one hit me hard, Especially coming from a coding backround. There, every day is spent building and constructing the engines that drive today's businesses. Do you know the author, by any chance?
  3. kmiklas

    The Best Trading Proverbs

    Buy low, sell high.
  4. kmiklas

    "A trader needs experience, and they need to pay for it."

    You're welcome, good luck; I hope you make tons of ca$h. This system takes patience. I only took profit on two equities today. I almost took and reversed on a two others. One I think that I can get another 1% out of, so I decided to hold over the weekend. The other was one penny below my sell...
  5. kmiklas

    Another bank about to be saved, yep no risk and all reward.. Remember that...

    sigh. ^^^ What he said. Maybe it really is that simple. What a spike! And I had my finger hovering on the "Buy" button yesterday, but chickened out. EDIT: Light bulb just went on. Will we soon see a similar pop from Wells Fargo??????? Ooooooh baby!!
  6. kmiklas

    "A trader needs experience, and they need to pay for it."

    Thanks. What is a semi? Slow day today.. only took 2 swings. With the 3 stocks, there are 3^3 = 27 positions that can be taken, including closes/covers. They are outlined below. If there's a big sector or market force at work I'll go LLL or SSS with all of them. Like on the Deutsche Bank news...
  7. kmiklas

    Morning Conference Call?

    Most surprising is how quickly some jumped on this idea and stomped it down. It doesn't hurt to keep an open mind. Maybe on that call you hear something that triggers a move to a new opportunity. Why not give it a try? You have nothing to lose. I could understand if you tried it, and decided...
  8. kmiklas

    Morning Conference Call?

    Why not try it for a week, and see if you like it? A morning kick-off call is standard across many industries.
  9. kmiklas

    Morning Conference Call?

    This is a 15-minute scrum intended to hold you accountable to getting in front of your workstation on time every day. It's not a call for heavy analysis, theory, mathematics, or quant talk. Adding a professional structure to the workday will add regularity to our daily routine, and ultimately...
  10. kmiklas

    Morning Conference Call?

    I mean an actual dial-in voice conference bridge. True, but there is value to being physically present on a conference call. Hey, they use them for earnings announcements!
  11. kmiklas

    "A trader needs experience, and they need to pay for it."

    - I set a goal of being right 3 out of 5 times. Then, every 5 trades, I make $1. Percentage-wise, that 60% right. - I use a combination of swing trading and technique that I call "Trinity Trading." It's sorta like pair trading, but uses three equities. Pick three stocks in one sector that tend...
  12. kmiklas

    "A trader needs experience, and they need to pay for it."

    Yeah.. hope that it wasn't beginner's luck. I've only just started trading heavily. That's my earnings rate for the last three months, and I'm having a tougher time now.
  13. kmiklas

    Day/Swing Trading, FINRA, and Employment

    This is the kind of thing that I most definitely want to avoid: https://finance.yahoo.com/news/sec-charges-former-puma-biotech-214115727.html
  14. kmiklas

    Morning Conference Call?

    Dear Peeps, Any interest in attending a morning conference call? I was thinking that it might be good to have a 9am ET call in the morning. - We get together, chat for a few minutes, get ready for market open, etc. - It would also help to hold us all accountable to getting to our terminals on...
  15. kmiklas

    "A trader needs experience, and they need to pay for it."

    I'm not losing. So far I'm earning 42% annually. I've taken some hard shots, gotten some black eyes, and have scars to prove it, but I'm fighting hard and winning it back. Although about one-third of that was the lucky incident that I described above, the rest was analysis, hard work, and...
  16. kmiklas

    "A trader needs experience, and they need to pay for it."

    Why do people keep saying this, over and over and over again?
  17. kmiklas

    "A trader needs experience, and they need to pay for it."

    What do t/a, p/a, j/s, and b/s mean? Also, I find it very hard to paper trade. I have to be in the real game, with real money, or I don't give it 110%. Because I want the screen time. I'm studying a whole basket of stocks, and watching how they move and flow together. For example, I might be...
  18. kmiklas

    "A trader needs experience, and they need to pay for it."

    This is the skill that I'm trying to develop: the ability to reverse at the right time. I'm studying this every day, all day, and giving myself every advantage: from identifying groups of stocks that move in similar patterns, to focusing and getting intimate with on one specific equity that has...
  19. kmiklas

    "A trader needs experience, and they need to pay for it."

    I should note that tomorrow marks exactly one year since I quit my job and started trading full-time, and so I've been doing a lot of reflecting. When I started trading full-time, I made up mind to get in the game. Don't keep money sitting on the sidelines. Push myself. Don't keep money in the...
  20. kmiklas

    "A trader needs experience, and they need to pay for it."

    Trying not to beat myself up for stupid moves that I've made. Learning in this business is not easy, and not cheap. I look back and think, "Why the hell did I do that? That was nothing more than a gamble. I would have been better off putting my money down on the blackjack table." *sigh*
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