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  1. W

    "Scaling out" is inferior behavior

    excellent trading post. game theory 101 the OP has no idea what he is talking about btw but you do
  2. W

    The Dow Was Untradeable This Week!!!

    the dow was VERY VERY tradeable this week. in fact, this was an above average week for me. if you found it untradeable, then your trading methods are the problem NOT the dow. you have to have methodologies and setups that recognize the character of the market. if you cannot trade a...
  3. W

    Slippage on ES and YM

    ime, except for sometimes during the doldrums (1130 to 2 EST), YM can absorb 10 contracts no problem without slippage
  4. W

    90% Profitable Setup

    for pete's sake. the methodology is not that complicated all of you people who disbelieve the 90% thang, how frigging hard is it for YOU to backtest it the rules are SIMPLE and it is not at all unbelievable that it has 90% winners, GIVEN a 40 pt stop and 10 pts first target
  5. W

    90% Profitable Setup

    the common wisdom is moronic - and wrong i constantly debunk this myth what matters is positive expectancy not that one's "risk" (defined by stop distance) is less than one's reward (targeted profit)
  6. W

    Dndn?

    sweeeet this one was better than RNAI was i live in seattle, researched this company extensively (stopped by headquarters, etc.) and got in in the 4's UNfortunately, i sold 1/2 my stake at 5.15 prior to the halting. however, it was still the trade that made my year and why would...
  7. W

    Next Generation Solar Stocks

    ESLR and CSIQ have been my two main solar plays over last year established a core position, and traded around that
  8. W

    pattern daytrade rule discrimination ???

    z, it is not zero sum zero sum is a concept (created via game theory) wherein a system is closed and no wealth can be added, only transferred the stock market is not structured this way. theoretically, it can have ANY sum, whereas a zero sum game can only have one sum the point is that...
  9. W

    pattern daytrade rule discrimination ???

    "For every winner, there is a looser...and for every looser there is a winner... If you have a friend that is losing A LOT of money Daytrading... all you have to do is do exactly everything OPPOSITE and you be gaining money A LOT of money. It "can be" almost a 50/50 percent chance (since fees...
  10. W

    pattern daytrade rule discrimination ???

    is it discrimination? yes so what? ALL laws discriminate. the question is - is it unjust discrimination murder laws discriminate against murderers, arson laws against arsonists, etc. ALL laws discriminate. the issue with discrimination is - 1) is it lawful 2) is it good policy...
  11. W

    This is a three ring circus in YM

    man, i have been LOVING this volatility. losers complain about "manipulation" the idea that 1000 lots is going to move the ENTIRE DOW COMPLEX 100 points is patently absurd. here's a hint. figure out the capitalization of GE, MO, etc. and try to understand how 1000 lots on the mini...
  12. W

    Looking for John Carter's (TTM) Indicators for eSignal

    the TTM is BASICALLY just a heikin-ashi candle technique which is free in most charting packages
  13. W

    Why do folks reveal Profitable Strategies, are they NUTS?

    i am well aware of behavioral finance. i did go to grad school for frigging psychology. but the point stands. ta works for many reasons (and doesn't work for many reasons for many) but to argue that if only one person (as an extreme example) used TA and everybody else used fundies, that...
  14. W

    Is gold a good investment or just a trader?

    gold is a GREAT investment. when it's CHEAP i loaded gold (before i even knew what stock trading was) in 98-99. why? cause im a contrarian at heart and everybody loved stocks and everybody hated gold it tripled in 10 years, which aint bad for a longterm investment when it...
  15. W

    I held QG past the last trading day - what happens next?

    or even worse end up with a bunch of gold bullion delivered to your house actually, that wouldn't be too bad. except ya gotta pay for it :)
  16. W

    A crude look at Crude

    kashirin... you need to speak up the din from the black helicopters (and your rice crispies) is drowning you out. lol. just a little hint: the govt. does not control oil prices.
  17. W

    I held QG past the last trading day - what happens next?

    you will get closed out at the settlement price. so, it's basically like you made the trade. When any futures contract "settles", basically all open positions are matched and processed at that one price.
  18. W

    Why do folks reveal Profitable Strategies, are they NUTS?

    "If nobody "knew" about technical analysis, then it would be useless. " utter rubbish. it is absolutely true that some technical aspects of trading fall under the self-fulfilling prophecy thang. iow, if everybody thinks stock X is a good buy when supercalifragilisticindicator says BOO...
  19. W

    What's Needed to Trade with Other People's Money?

    you do not need ANY credentials whatsoever to trade OPM if you trade OPM *for a fee*, and you are under the de minimus standard (like 250k of capital to be traded) it depends on your state regs, but you won't fall under the federal regs. if you trade substantial money for a fee, you must...
  20. W

    Your going to hate this brutal post

    Trading IS a business. The vast majority of retail traders do not treat it that way. Each trade decision is a business decision. The same as in any other business. Trading is "easy" in that you can just press a button to buy 180k of notional value with a 5k contract on whatever whim...
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