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niceneasy, I am short both Gold and silver. 1. Gold avg price would be around 700. ( I shorted it on the way up) 2. Silver around 13(Twice each time it pulled back above 13). I don't use any particular stops. I just have gut feel based stop as opposed to price based stop.

PMInterloper, Are you still holding your Bag of Gold. Looks like 600 will break this month. What will you do then? The only way to avoid margin calls - Short Silver and Gold. I think once 600 breaks, the train will gather steam to 550.

Don't you think that a parabolic rise means that trend has run its course? When according to you trend ends?

Are and still feeling nice and easy?

I am justing drawing the parallels to the Tech bubble of 1999/2000 - 1. Parabolic Rise 2. analysts giving Obsence target (That are well justified by their stupid arguments). Mary Meeker etc. for Techs and Jim Rogers and Co. for Gold 3. Mutual Funds and schemes being launched that...

All indictions point to the fact that both Silver and Gold have had their multi-year Tops in past few weeks. Safest shorts available. Everyone is talking about $2000 price target for Gold and 125$ price target for Silver. Also, every fall is considered a buying opportunity...

2005 was a great Year. Both for my account and my learnings. ET does help. Most of my big wins came from applying what easyGuru said about breakouts.

easyguru

Thank you easyguru, Your information regarding Earning surprise lead breakouts success rate has made a lot of difference to my P/L in past few months. Thanks again for sharing that info, Rajiv.

Install a Firewall. I find zonealarm Free version to be the best option.

ok, To give you one example on how Perry Kaufman tries to mislead readers by showing that he has stumbled onto something Great with his stupid discovery of Adaptive Moving Average (AMA) in the chapter called 'SMARTER TREND FOLLOWING'. Look at the Fig 8-5 on Page 142. Here he compares...

Professional Stock Trading by Conway And Behle. + Smarter Trading by Perry Kaufman In Both the books Writers try to complicate trading which in reality is quite simple.

I put other - because I use Wealthlab and Trading Recipes. Happy with both. Rajiv

The Best time to buy is When you need IT. You also need to think in terms of time lost waiting. :)

Murray, I Still am not getting your point about the splits. Can you please post an example showing the difference in results if you use100 X 30 $ stock vs. 200 X 15 Dollar split adjusted stock. and how or why that diffenece occured. I talking not talking about commissions at 1$/share...

There is one reason to trade stocks - The vast choice you get. If you are a trendfollower, you can always find a few stocks that are trending well. But if you are making money in futures why bother..

Thanks Jhonnysharp, This helps me understand this systems results.

RiskTaker, A big disadvantage of Wealthlab I found was that you can't create your portfolios dynamically to filter stocks but have to work with static stock lists. And I at this stage didn't know of any tools that let you create portfolio dynamically based on RS, av volume etc. I...

Thanks 5yrTrader, I have taken a loan against my house to put on the trading strategies, so yes I have leverage in that sense. Yes, this is a trend following strategy that uses End of Day Data only, so that I don't have to look at markets. Longer holding periods seem to increse DDs...

Lot of valuable information in your post. Thanks a lot, Rajiv