Search results

  1. B

    Matcha's Dow E-mini Journal

    Thanks PO. Travel is my leisure interest. I have been to more places in the USA than in China. Easier for me. Driving instead of flying. I figure that I probably have been to over 30 of the 50 states here. In a few years I will be zig-zagging in the US continent in a RV and trading along...
  2. B

    Book quote: never ask a trader if he is profitable!

    I know who had posted the thread just by the title. Very consistent. He needs it to have a good night sleep. More than once a month. Forums ›› Trading for a Living ›› Psychology ›› Book quote: never ask a trader if he is profitable! Forums ›› Trading for a...
  3. B

    Matcha's Dow E-mini Journal

    Big Sister can fill us in on this. But I think if you work as a professional trader trading for your firm, and especially trading client's money, you cannot also trade your own account. It has a high potential of conflict of interest. It is good though to trade in a firm, learn all the...
  4. B

    suggestion on new pc

    Under USD$1000 excluding monitors is more realistic. And you should have plenty of choices. You shouldn't be concerned yourself with mobo (motherboard) if you are to buy a complete box (recommended) instead of assembling your own. Visit your local computer shop like Fry's or something...
  5. B

    I, crgarcia, posted profitable real-time trades. And I challenge frequent traders!

    It seems that this character had traded only once in all of 2009/2010 but that may be what he will be boasting for the next 10 years.
  6. B

    Matcha's Dow E-mini Journal

    Yeah. In food terms... risk a milk tea for the potential reward of Abalone and Shark Fin soup. Very good trade.
  7. B

    Matcha's Dow E-mini Journal

    That's very true. PO and Matcha take note... see how Big Sister drives a bargain! That's why she is a pro. Trading is similar. Buy when nobody wants it. Sell when *everybody* wants it. Buy wholesale, sell retail. Repeat. RE: Xi'an. No haven't. :( Beijing, Shanghai, Guilin...
  8. B

    Matcha's Dow E-mini Journal

    No I don't monitor put/call ratio. I found that it's not that valuable for day trades. They are more pertinent to swing/position trades IMO.
  9. B

    Matcha's Dow E-mini Journal

    PO and Matcha: It's good to keep monitoring $TRIN and $TICK. But they are not the gospel. I would not advice to trade based on $TRIN/$TICK alone. They are to be viewed in the context of the day's environment. For example, a while back I had an idea: why don't I just fade the market...
  10. B

    Matcha's Dow E-mini Journal

    You can't go cheap on me now! :p I want my abalone, shark fin soup, Australian lobsters, Typhoon Shelter crab, suckling pig and, of course, chowing down with some Remy Martin XO. (Or a Mou Tai will do...) :D
  11. B

    Matcha's Dow E-mini Journal

    You are so generous ~~~. :) Now that I have buttered/cheesed/olive-oiled you up... would you give me an expense account??? :D ... slow day in the US market...
  12. B

    Matcha's Dow E-mini Journal

    I want to leave you all with this thought. A quote from the Rocky Balboa movie. But I have paraphrased it as I can't recall the exact line: Balboa: It is not how many punches you can throw at your opponent. It is how many times you can get back up after you've gotten punched in the...
  13. B

    suggestion on new pc

    USD $1000 INCLUDING the video card and the 3 monitors? Or just the box? Most popular 23-inch LCD monitors are selling at $200-$250 each.
  14. B

    Consumer Reports rejects Iphone...major recall...what will happen to aapl?

    Perception is everything. I personally think Apple is making a similar mistake as Intel did in 1994 with their pentium flaw, which only affected a university professor. Bad press. Just come up with a fashionable "so Apple" plastic collar to wrap around the case of iphone 4. $0.50 or less...
  15. B

    Matcha's Dow E-mini Journal

    It shouldn't be too hard to trade the futures today. I know you said not trading the first 2 hours. But if you were... Take a look at the "bigger" picture. I always emphasize that. DIA 7/14/10 5min. See scribbled curves. This has been a tremendous up move for Dow/S&P for over a...
  16. B

    Matcha's Dow E-mini Journal

    Some TRIN calculations use the Nasdaq as reference instead of NYSE. But they usually use a different symbol ticker, like $TRIN.Q or something. Perhaps double check with TOS if they are using Nasdaq or NYSE. The descrepancies probably don't matter that much. The key is to observe the...
  17. B

    Top 10 Basic Math Indicators

    You can save some time. 6 of the 10 you listed are momentum indicators. They more or less indicate the same thing: Stochastics, ROC, RSI, MACD, CCI, %R The formula are a little different. Some are normalized (-1 to 1, or 0 to 100), some are not. %R and Stochastics are very similar. I...
  18. B

    Matcha's Dow E-mini Journal

    Wow... me2 me2... a free meal would worth me driving 2 hours out there, whoever pays the bill! :D French? Or Chinese? I WILL TAKE IT!!!!
  19. B

    Matcha's Dow E-mini Journal

    This chart (SPY, 133 tick) is a blow-up view of the rectangular area, roughly, on the 1min chart. This is the lower time-frame. As I stated earlier, look for a "fluid sell". Market sold down for ES 6 points. Probably Dow down 40-50 points. Count your waves: 1... 2... 3... followed by a...
  20. B

    Matcha's Dow E-mini Journal

    Okay. I wasn't very clear. Here is a chart on SPY today 7/13/10. It's about the same for Dow/DIA. Left circle: That's the first push. It was a big "gap" up for the general market. (But ES trades 24 hours so there really wasn't a "gap".) Settle slightly at about 8:00 am PDT. Center...
Back
Top