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  1. lindq

    Serious thread about stops.

    Last I looked, this site was called Elite TRADER. A more appropriate site for you and your misplaced comments would be Motley Fool.
  2. lindq

    Does anyone feel that...

    Yes Dave. I am starting to feel that.
  3. lindq

    Do you have to be registered to manage other people's money?

    No, you don't. So long as you are not describing yourself as a money manager, fund manager, professional advisor, etc, and keep it to close friends and family. If you move beyond that, you need to check with state regulations as they will impact you before SEC regulations do. Most states...
  4. lindq

    Ladies and Gentlemen...ElectricSavant is going to buy a Hummer tomorrow morning

    Given the state of our planet, I don't know if I would be proudly announcing on a web site that I just took ownership of an H2. If it was my call, the damn things should be banned from the street. Take up far too much room, and use far too much fuel. And you are a Christian who believes...
  5. lindq

    Blog - Road to $1million Trading Options

    Bud, how long is your average hold?
  6. lindq

    BIG BANG Insurance

    You'll be liquidating at precisely the time you should be buying. :confused:
  7. lindq

    What's the technical term for when you're

    TR (True Range) or ATR (Average True Range). You may also be able to screen for Beta (volatility, typically compared to an index, such as the S&P) Screening for TR or ATR as a percentage of stock price can sometimes be very helpful. For example, TR>OPEN*.08
  8. lindq

    Stop Limit Rules for Stocks

    The problem is not with your broker. His explanation is correct. On the NYSE, a stop is triggered by the last price. No so on the NAZ, where stops can be triggered by bid or ask.
  9. lindq

    What to do with a gerat method......

    A 95% win rate is a red flag telling you there is a problem with your backtesting parameters, data, or backtesting period. Or, all three. Time to move back to the start of your Candyland board and try it again.
  10. lindq

    Starting a hedge fund

    A few observations, none particularly positive. Sorry. - Highly unlikely that you will attract money from anyone but closest friends/family with only backtested numbers, especially since they are not particularly impressive. Folks with serious money to put with an advisor are generally...
  11. lindq

    ***my First Post*** LONG OVER DUE UPDATE!!!!!!

    I'm just curious...not challenging you here. On what basis are you being trained in this particular strategy you're following with a mentor? Have you been presented with profit/loss figures for the strategy, assuming that it has been traded by your mentor or members of the firm?
  12. lindq

    Software

    InvestorRT. www.linnsoft.com
  13. lindq

    Swing trading pullback method

    All of this can be coded and backtested. But if your preference is to look through hundreds of charts and take a guess, who am I to take away your entertainment? Good luck.
  14. lindq

    Swing trading pullback method

    That can all be included in the system and backtested. If you don't have the capability to backtest, post your specific entry rules, and I'll backtest with a few different exits. Some that can work an EOD system: - Time Exit - After 2 or 3 days - Percentage Gain - 3-4% - Technical...
  15. lindq

    Swing trading pullback method

    Fine when you have the overall market in a rally, with the wind at your back. But when the market starts its downward leg, you'll get killed buying into what are essentially very minor pullbacks. For something that approaches profitability in a variety of environments, significantly...
  16. lindq

    My E-trade horror story

    Yes, I'm another. I was very happy with Brown. Got the e-trade notice and went to IB. E-Trade's problem is that they are trying to be full service for all financial activites, and do none of them well.
  17. lindq

    See anything wrong with my strategy?

    Much depends on how you are defining what you call "two big up days". If they are truly statistically signicant in terms of the ATR of the stock - and they should be if they are worth trading at all - then by definition you are going to be dealing with a highly volatile situation. And a 2%...
  18. lindq

    What is "Jack Hershey's Method"?

    You can't possibly take Jack seriously!? Jack writes a wonderful parody of all the trading gurus we've come to know and love. He sits at his screen and laughs his ass off at the responses to his posts. And so do I. I would just LOVE to see him as a talking head on CNBC some day...
  19. lindq

    Open Letter to Interactive Brokers

    I've been trading online since the first dialup modem came off the assembly line. And while nobody is perfect, and never will be, IB's speed of execution, variety of order types, variety of account types, and commission schedule is, IMO, beyond anything else available. I don't trade futures...
  20. lindq

    What is "Jack Hershey's Method"?

    Jack, I have to take my hat off to you for your entertaining posts all these years. Absolutely the most fun on this site is to be had in watching "traders" (ha) get into the weeds trying to pull something out of your verbiage. I suggest that you print out all your posts...create a...
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