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Well only you know the strategy, obviously you have a profitable system, only you can determine if the results will then be realistic live. What software are you using BTW

Julian, we understand that when your trade is triggered you send a limit order to enter. If the limit order is not filled (after a certain amount of time? or maybe conditions change?), you cancel the trade. I assume your backtester assumes that when your entry price is breached, you are...

hi where can i buy the stops can i buy the stops plz

Well my BP is 40k, if that answers your question. I've maxed out plenty of times, but usually when in multiple positions. I have only maxed out on one position for the more expensive names. I can up my BP if I make the request, though I haven't felt the urge to yet. I know that 400...

Well, thanks for all your input guys. I do agree with you. I do need to slow things down and simplify my trading. By trading all sorts of plays I have gotten to see a lot of situations, which I think is a good thing. I was doing very well during the peak of earnings season. I back...

Same here ElecEquity, customer service.... How long did it take you to become profitable enough to quit your job??

Thank you for your comment. I am not in this for the rush. As soon as I first got a glimpse into the markets, I knew it was for me. It is the perfect arena to apply my anthropological background. This is the career I have chosen, I want to spend the rest of my life studying price behavior in...

Hello, my name is Kurt Smetana, I have decided to start a journal on here. I am an equities prop trader in Los Angeles, CA. I trade in an office. I do not hold overnight positions. I am 26 years old, and I have my B.A. Anthropology from University of California, Irvine. I went live the...

where can i go to buy the stop order information?

I am not putting my money back in the market, I don't care if I miss a move to a new high. If this nuclear situation goes south, all these buyers are screwed. I'd rather keep my $$$ than lose it.

do both take the job and trade

Look guys, there are only 2 ways this can go... Either the event becomes a non-event and the market bounces, OR The nuclear situation is worse than it seems and people start fleeing Japan. The market is betting on Option A. Me? I'm not risking my money, I don't trust Japan or the...

Won't be so bullish when all of us in Cali start growing tentacles...

Here is the truth about the reactors: After several days, they are still cooling the reactors with seawater --------- Does that sound contained to you? I think they have no idea what to do. They destroyed the power plant by using seawater and boron. ----------- The real...

Once all this is over, aren't CCJ and SHAW both buys? I don't think they just lost 17% of their business? PCG selling off? LOL, PCG has nothing to do with Japan Are we going to shut down the world's nuclear power plants? With so much fear in the nuclear space, why didn't coal...

About Toyota... I was thinking... Yes they will probably sell off at first But eventually people are going to buy cars. There were a LOT of destroyed cars that need to be replaced. So, Toyota, Honda, etc may see slowed sales at first, but eventually they will have a phenomenal year...

Another potential trade..... Any airlines with a chunk of business in Japan. Less people flying there, and less Japanese taking vacations.... Also, do any of the travel websites have a big chunk of Japanese business? Priceline? etc etc Fewer Japanese will be traveling. Any online...

Yeah some of these trades are just fear / hope trades. Short term holds. It is important to distinguish between the two. They'll have one good / bad quarter or series of quarters and that will be it. Though, the longer term holds would deal with construction, as that will be going on...

Let's think bigger guys Yes, Japan will have to clean up and rebuild. So construction equipment / materials will do well Yes insurance companies are going to get owned I think if this nuclear meltdown actually happens, we could see a boost in forms of other energy. Coal, for instance...

I don't buy either of your arguments The Tsunami is BAD for American companies, especially ones with foreign exposure. You are going to have less people spending money. And what effect will decreased production of Japanese goods have on prices? Less supply = higher prices Sure you...