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  1. lindq

    cost of getting into / out of the market

    If there is any chance at all that the postive results of a backtest can be thrown into negative because of spreads and commissions, the odds are great that it isn't worth considering. You'll need more of an edge than that to succeed in real world conditions. While commissions can be a...
  2. lindq

    Abortion is a Human Right!

    Webster's Dictionary provides the following as one of the primary definitions of "life": "An organismic state characterized by capacity for metabolism, growth, reaction to stimuli, and reproduction." Clearly, under this definition, a fetus in ANY stage of development is "alive". And...
  3. lindq

    First time writing covered calls

    No, the simplest way to participate in a stock's rise is to buy the stock. Buying calls is a sucker's game. All you're doing is paying the house to play in their sandbox, with spreads and decay working against you. And as was just posted, selling covered calls is, if possible, even...
  4. lindq

    profitable daytrading is possible, but probably not worth the effort

    Agreed. I've no doubt that if losses and gains were totaled over the past 10 years for those engaging in short term trading on every level, there would be a massive net loss. Couple that with the opportunity losses - which include lost time, lost career opportunities - and missed gains from...
  5. lindq

    market manipulation?

    A "bluff" by whom? The Wizard of Oz pulling his levers? I always get a kick out of this market "manipulation" crap. The market started to sell off for the SIMPLE reason that traders throught it would follow the same pattern that it has in recent days. A sell off into the close. When...
  6. lindq

    my mechanical system

    You haven't addressed the questions asked of you, but I am going to assume that your system (1) is based on EOD data, and (2) buys pullbacks. If this is the case, then I hate to dash your hopes, but you may have a big problem with data. In my experience with EOD data, which is pretty...
  7. lindq

    Is it just me? Or do equities suck right now?

    Glad that's working for you, and I can see how it might in this environment. I trade price spikes, short and long, however. And no follow up. Good luck.
  8. lindq

    Is it just me? Or do equities suck right now?

    Past few weeks stocks seem to fail to follow through on intraday trades, short or long. Like mushing through slush. You're experiences? Discuss.
  9. lindq

    Which Caribbean Island to move to

    I assume you're referring to Freeport, Bahamas? First, the Bahamas are not Caribbean. And second, Freeport is a hole. A major dump as a permanent residence.
  10. lindq

    Which Caribbean Island to move to

    I've sailed the inlands for years. But if I was to move full time, it would be to Puerto Rico. 20 mins to the USVI and BVI, but large and varied enough that you won't get island fever. Good air service to the mainland, and some beautiful beach areas, resorts and affordable ocean views...
  11. lindq

    Can someone help me to use this?

    Nothing's changed. You still need to learn it on your own. You may think that you can shortcut the process by sitting at someone's side. But you can't, for many reasons. Not the least of which that trading is a very highly individualistic enterprise, and of 100 successful traders, there...
  12. lindq

    Triple bottoms are rare: its game over

    Well, one man's triple bottom is another man's manage a trois. And yes, they are unfortunately pretty rare.:cool:
  13. lindq

    Bush: "All is well"

    Well, that's a start.
  14. lindq

    Between 3:30-4 today

    Martini
  15. lindq

    Trading and eye strain....?

    Get an eye test and glasses for computer use. They are set to the distance you sit from the monitors, and are very helpful.
  16. lindq

    What is the best way to trade friend's money ?

    You think trading is stressful now? (If you don't, you haven't been trading long!) Just wait until you start trading for your friends. Hard enough for clients, with a business-only relationship. But brutal with friends. Don't do it. Very bad idea. All downside.
  17. lindq

    New Person

    Investing in healthcare equipment supplies, drug companies, or in any related company that supplies materials that involve patient care, is very high risk. These stocks are notoriously volatile, and can drop 30% overnight on news. From experience, it is the one sector I don't touch. In...
  18. lindq

    Gorilla Trading

    BusinessWeek report on Gorilla Trades. Amazing to me that a company offering stock tips can take out full page ads in major publications, listing only their profitable trades, and ignoring any losers. And the FTC is, where...
  19. lindq

    Sweden

    http://www.uspsa2.org/sbt.htm
  20. lindq

    Help this fella out

    You say you made 60% in December, but you "Always give it all back"? Your post makes no sense, hence the LOL. If you are fearful in your trading, the best fix is to size down on your positions to the point where you are not feeling fear, then take it from there. Once you are...
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