Search results

  1. comagnum

    How important is the win percentage?

    Ken Grant is a risk consultant to many of the super star traders & firms. He reviewed raw brokerage records of the best traders and this is what he found: "Across all market conditions, trading styles, time frames & traders, one rule holds true: 5-10% of all trades account for 90% of profits."...
  2. comagnum

    IB TWS Time & Sales Problem

    My TWS Time & Sales is only displaying the current price. I have been in contact with IB tech support every day starting on Monday, I was advised this is a software problem in their core network effecting other customer's. I am not going to trade equities without having the Time & Sales...
  3. comagnum

    How to fade very large gaps up in US equities

    Fading large gaps seems to work the best in bear markets, although in the nano or micro caps they often fail. In fact that has always been my bread & butter trade in bear conditions - fade gaps (big or small). Like you said, when a stock gaps into resistance that is the main factor I look at...
  4. comagnum

    Help with large trader

    If your trading large cap stocks than no doubt you are a small fish in an ocean with whales, unless you trade with billions. My general theme is to aim to enter as close as possible to were whales left footprints. Last Fri I got an alert & got positioned as close to where the whales are...
  5. comagnum

    Where Are All the New Market Wizards

    The new wizards of this era are the large scale trading educators - the more popular Youtube educators/promoters are making north of about $20M-$30M from their clients with profits trending up. These promoters have gotten to be so large that students in marketing/media are studying them. They...
  6. comagnum

    IB customer equity rises 12% in April despite $88m loss in oil

    I hope IB fixes the Time & Sales problem, only the last print is displayed. Spoke to their tech support several times about this - they have a server problem they are trying to fix. I had just moved a nice sized IRA from Fidelity over to IB, ironically I am using the reliable Fidelity/ATP...
  7. comagnum

    Fed's Bullard: We'll get back to normal in H2

    The Federal Reserve & government is really not much different than Bernie Madoff, they fleece the public out of billions - using every panic to pull off their heists.
  8. comagnum

    Everyone Is becoming a “Trader” during lockdown

    Lets see just how good the shut ins are doing. Here is the highest volume stock for yesterday. Big intra-day gap after halt, plunged about 75% from where the majority got trapped. AG Eagle UAVS (low float)
  9. comagnum

    Problematic spikes

    The spikes appear at other brokers - Oanda, Gain(Forex.com), & IG. Oanda. Nothing abnormal about these spikes - this is Forex, as long as they go in the direction of the prevailing trend than it's nothing to worry about. Oanda
  10. comagnum

    I cringe to think how many shorts are stuck from the past 4 weeks.

    Now that the Fed has gone QE infinity, the market is entirely driven by the Fed/central banks - there is no relation to earnings, employment, GDP, etc. These distortions the banksters (Fed) has created will have a big consequence at some point. It starts with the BoJ (bank of Japan) in the...
  11. comagnum

    Staying focused while trading

    On trades I am stalking that depend on price reaching a certain level I will place a bracketed stop or limit order with the alert on fill going to my tablet & cell, that way I can be doing other things without worrying about missing the trade.
  12. comagnum

    When do you think oil will rebound?

    When do you think oil will rebound? It already has. The April (K) contract, in the extended session, is up $36,670 so far.
  13. comagnum

    Clear things up: Is the FED buying Equities?

    The 'Cares' stimulus is a big rip off, tax payers are financing the frantic transfer of wealth from them, the 99% to the 1%. The government won't let a panic go by without devising a scheme to loot tax payers. The checks are meant to pacify the public so they don't riot or do another...
  14. comagnum

    im Simons' Legendary Medallion Fund Up 36% In 2020, Expects More Volatility Ahead

    This Quant has 14 Nobel Prize Laureates in physics and chemistry,11 Patents, and all kinds of hedge fund awards for top performance. The point I was trying to make is there some exceptionally smart people that have found something from signal processing that can be applied to the market & are...
  15. comagnum

    im Simons' Legendary Medallion Fund Up 36% In 2020, Expects More Volatility Ahead

    Simons long term performance is incredible. I know of a CTA - Quant from Bell Labs with a 10 year ROR of 43% & very shallow & brief draw-downs. This Quant has a pile of Noble prizes & patents related to SP in telecom networks. A few engineers from Bell labs/Telcordia, that worked on signal...
  16. comagnum

    Position sizing and adding to winners.

    The 15 sec chart I use only at times, the price % move was so large that the only way to fine tune the entries was on the 15 sec chart, I focus on mainly larger time frames to manage trades - 3 min up to 60 min & will only take trades where its at a multi week or month high/low. I trade mainly...
  17. comagnum

    Position sizing and adding to winners.

    This is different than pyramiding, I am managing each scale-in independently of the prior trades. Each trade has to have a lower risk entry point & has to be profitable or it will get cut - regardless of how much unrealized I have from prior scale-ins. Your typical pyramid scheme is you add...
  18. comagnum

    Position sizing and adding to winners.

    Scaling in to winners for me is based entirely from price/volume action. I don't factor in probabilities, predictions, or confidence in the trade. I only care about having asymmetrical risk-to-reward, the reward is based on direct market feedback - the open profit. I add on when I first have a...
  19. comagnum

    Position sizing and adding to winners.

    I always enter my day & swing trades with my smallest size on, only exception is for scalps which I don't do all that often. This is a good article on this topic https://www.danielstrading.com/2010/11/11/the-number-one-rule-of-trading
  20. comagnum

    Position sizing and adding to winners.

    Varying bet sizes while keeping the max trade risk <1% of capital, even on the fat pitches. Scaling in/out with half or thirds whenever possible, if price action supports it. My trades are volatility adjusted, reward-to-risk is the main factor. Adding only to winners. The smallest position...
Back
Top