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Bought 24083. Sold 24032. Loss $51.

Out at 26062. Gain of $82.

OK, set up a paper account on IB. Going to just try following trends I see. Trend up, I'm long. Trend down, I'm short. Get out whenever trend ends. Will probably trade YM mostly. Will look for best trends switching between the different candle bars IB provides on their little screen in the...

Hahaha.

Sweet Bobby!!!

Darned good question Pekelo.Saw my volatility stuff spike hard.

I wish I could understand your system expiated. What MAs whose are, your particular buy and sell signals, etc. Don't see that info - maybe I'm just dense.

bogitrade, couldn't someone just backtest to see if his 2 year (wow!) moving average S&P test really did outperform the buy and hold S&P?

I might have been being a little sarcastic mate. :)

Well that seems totally legit...

I follow you LS1Z28. Appreciate it. But I've got a plan. Just going to have to short stocks ABOVE $2.50 apparently. :)

Dude, the 700,000 number is IRRELEVANT. They could do a reverse stock split tomorrow and make that number 7, it still wouldn't make it any riskier. What is relevant is that I only wanted to short $1,050 worth. :(:(:(

I just don't understand silly things like this. My account is less than 50% invested, and I have hundreds of thousands of available cash it in. But I can't short $1,050 of stock. Good lord these regulations have jumped the shark.

Well, I was considering it, but I can't to it. Why on earth does it have disaster written all over it? I would literally only be putting $1,050 in it. The fact that I have to cover with so much margin is besides the point.

Yes, seriously lol. So I called IB. They said that even though the stock is trading at .0015, do to a regulatory rule I have to have sufficient margin to cover the shares AS IF THEY WERE TRADING AT $2.50! What the hell kind of shit is that? Doesn't that effectively mean these low priced...

Whole. Lee. Shiat. Wait, its ZH, I'll take it with a grain of salt, yall have taught me that. :) Still, if he might be escalating it by epic proportions, no bueno.

So I tried to short a crummy penny stock with a listed price of .0015. I tried to short 700,000, but IB told me I did not have sufficient equity (margin) in my account. Now, 700,000 X .0015 is only $1,050. My currently available funds is in the hundreds of thousands of dollars. Plus, I...

So you short a stock. It gets delisted. Doesn't go bankrupt, but just delisted. So now its operating as a private company. Since its no longer publicly traded, there is no market for it, so you really can't cover your short. Company, although delisted, starts doing FABULOUS. Company is now...

when you guys say set up, it sounds like yall are using it almost like a negative thing? I would have thought sell setup was a short entry point. but sounds like yall are using it in the "trap" or "fool you" sense.

Sweet Bobby, how'd you do in this latest downturn? Down only 1% more than the market again? :)