Search results

  1. comagnum

    Marc Faber says "avalanche of selling" coming

    How much higher can the market go - who knows?
  2. comagnum

    Marc Faber says "avalanche of selling" coming

    Marc Faber has been saying this exact same thing for many years now - this is called a perma bear. The real danger is in the bond market. Money has been exiting the much larger bond market and being put into the stock market. If or when the bond market plunges to new lows it should cause the...
  3. comagnum

    SNAP

    Let me explain how IPO's work - you have to be high net worth (over 2 million) to get in with a good sized position. Hence many in this IPO could take a decade or two off and party in paradise based on that one trade.
  4. comagnum

    SNAP

    Soes - chill out, stick to the facts. I don't use Twitter and never endorsed Snap. 44% is a huge one day gain, if you had a big position in it you could be set for life. So quit being such a downer - you sound like a sore loser. Stop plastering false info.
  5. comagnum

    SNAP

    congratulations to those that got into SNAP before the IPO - UP 44%! I figured it would be a hit.
  6. comagnum

    Price WAR!

    One thing to note - I am now trading the larger ETFS in my Fidelity 401K for free - the only catch is if I sell before 30 days I pay $4.95 to liquidate - how cool is that? Never thought I would be bragging about using Fidelity. People trading in this era have no idea how lucky they are - I...
  7. comagnum

    Price WAR!

    Holy smokes - Fidelity has lowered their commissions to $4.95 !! And they don't charge data fees for the exchanges. The down side is they do not offer DMA - so routing the orders to the IEX is not a choice although they claim to have the best price improvements. Now I can also trade my stupid...
  8. comagnum

    The S&P has topped

    Not all tops have the classic 'blow off' or 'key reversal' signatures. This is more common on commodities and small cap stocks as opposed to stock or futures indexes.
  9. comagnum

    Free riding in an IRA account

    Figures it's you looking for a free ride, after bashing Warren Buffets quote on using margin. LOL!
  10. comagnum

    The S&P has topped

    No signs of panic buying -what blow off top? So far every single person calling a top over the last 7+ years has been dead wrong.
  11. comagnum

    Trump's State of the Union Address Tonight

    Smarter presidents & CEO's don't pin stock market moves on them creating it since it's only a matter of time until a bear market pops up. Besides according to Trumps own logic he only needs another 200% gain on the S&P 500 to tie Obama.
  12. comagnum

    Please Critique (Poke Holes) in My Entry/Exit Strategy

    What I like: well capitalized, reasonable ROR goal, position sizing is sound @ 6.6% of capital, using weekly charts (I think that's what you are doing), layering out of profitable trades. Improvements: As opposed to planting a single position of 6.6.% consider layering in as well with 3...
  13. comagnum

    Home-based algo server

    That topology reminds me of the 70's era computer tech school I attended. You may even be able to front run you're grandma if you get her a bit tipsy and have her trade from your LAN ... that is if you cheat a bit.
  14. comagnum

    Professional or Non-Professional Subscriber for Exchange Data Fees

    This idea that the # of trades qualifies someone as TS is ridiculous. Any clown could simply fire off a bunch of trades - say 10 shares of the spy and exit immediately after making 4 trades per day at a commission of $8 - taking virtually no risk and spending very little time on this. I would...
  15. comagnum

    IB vs tradestation

    TradeStation has not gone downhill over the years - I use TS going back about 20 years and IB the last few, and a few others. TS is very stable - I am doing dozens of tick level functions on 1,300 streaming symbols while running half a dozen tick charts with all kinds of custom programmed...
  16. comagnum

    [total beginner question] Can't find FDAX quote on Google Finance

    glad to help - I have a direct data feed I pay for to the Eurex (DAX) and have compared the price on the free site to the paid feed every so often for several weeks - the free site has been in perfect synch.
  17. comagnum

    Futures Swing traders opinions please.....?

    I consider about 10k volume to be adequate for swing trading. Although most of what I trade has much more volume. The main thing I look at is for the price to move without tick gaps from the bid-ask spread spiking. Next I look at the the cost of the trade in relation to the daily price range...
  18. comagnum

    What books will you recommend to a starting trader?

    Traders Almanac! Tip: you don't need the most recent year. I buy from Ebay one that is 2 years old for $2. This is hands down the best book period for making money by getting in synch with the money flows to/from the market.
  19. comagnum

    Futures Swing traders opinions please.....?

    I've looked at some of those, but those with low volume scare the crap out of me. ____________________________________________________________________________ Those contracts are the larger global futures markets - they are very liquid and have tight spreads and have less slippage than most...
  20. comagnum

    Futures Swing traders opinions please.....?

    The biggest danger of swing trading futures is the possibility of some overnight news event that send prices into a tailspin. ____________________________________________________________________________ How about the risk of not capitalizing on the many overnight gaps in your favor you will...
Back
Top