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  1. tommcginnis

    Markets are not Random

    "Lots"??? You'd have quite a hard time to name half-a-dozen. However, securing data on them in a timely fashion... wow. THAT would be an assignment.
  2. tommcginnis

    Markets are not Random

    If you really want to screw with one of the yutz/chuckleheads who preach this dreck, just ask them a single question: "What's the single best estimator of today's market closing price?" and when they respond, "Well, yesterday's closing price, duh." You respond, "Bingo. Then I guess the market...
  3. tommcginnis

    Identifying a reversal (trend change)

    Ah! Forgive the fore-shortened wording. Let me clarify with two types of Kool-Aid. There is Kool-Aid that, when drunk, leaves questions to be answered -- *that* Kool-Aid we can call, "Science." :) And then there is Kool-Aid that when drunk, provides only answers: *that* Kool-Aid we can call...
  4. tommcginnis

    Identifying a reversal (trend change)

    Trends do not exist in reality -- they are structures imposed by the human proclivity to impose order on what might otherwise be chaos. But that also means that there is no *single* way to impose that order (or, "to declare that trend") that will guarantee any sort of adherence by the next data...
  5. tommcginnis

    EMA & SMA Timeframes

    Allow me to science that a bit for you: MA strategies can easily be validated or discredited with backtesting. Yeah. Yeah. That should do it. :cool:
  6. tommcginnis

    Exit this condor with 9 DTE?

    I I appreciate the exercise, and the excuse to detail a method. (Unlike ol' Gutless there...) :wtf: :D
  7. tommcginnis

    What is Your Favorite "Safe" Investment : CDs, Online Savings, etc...

    9mm -- urban. 7.62x54r -- for volleys, y'know......
  8. tommcginnis

    option fill Qs and observations

    And how wide was the market? If it was usually a dollar wide, and today (while you were in for a Buy), it was 50¢, maybe that's because some other retail was there before you. So, you go in at 60¢ thinking you're 'just above the Bid' when in fact, you're now 10¢ above the other guy, and above...
  9. tommcginnis

    What is Your Favorite "Safe" Investment : CDs, Online Savings, etc...

    What is Your Favorite "Safe" Investment? A good stop-loss. :D (Had to.)
  10. tommcginnis

    [psychology] - advice needed from successful infp traders

    Given the English majors I've met(suffered) throughout my life :wtf::confused::vomit:, I take that as a grave insult! :caution::mad::caution: :D
  11. tommcginnis

    Exit this condor with 9 DTE?

    Something is off here -- maybe it's your use of the word, "capture" that's throwing me -- but with any such decision, reward/risk is the worthwhile start. Right now, the picture looks a lot like this: ...and so, the top is ~12¢ (using MIDs), while the bottom is fairly 5¢, since it's another...
  12. tommcginnis

    New Way to Calculate Your Body Fat is Easier and More Accurate

    I know it's a short summary, but in eyeballing the data, it seems that the difference in RFM errors (between male and female) is more due to heteroskedasticity rather than gender itself. They love to keep these things simple, though :wtf:, so I'm sure that putting in a RFM² variable might prove...
  13. tommcginnis

    [psychology] - advice needed from successful infp traders

    Strong INs are common/over-represented in activities that benefit from introspection, from distance running to programming languages to screen trading. Risk is made more palatable by knowledge. Prior experience, whether directly related (prior trading) or un-related (parachute jumping), may...
  14. tommcginnis

    Multiple monitor layout

    FOR SURE. Moving side-to-side is a lot easier than tilting up and down. This will save the back of your head from some *nasty* aches.
  15. tommcginnis

    Option Scanning Software

    What're ya scanning *for*, bnt? greeks? spreads? IVs? and, are you still on IB?
  16. tommcginnis

    Renting a trading station/ place to brainstorm? Do they exist

    What you're thinking of were Small Order Execution System exploiters, where data, computers, and access were all available to The Everyman, who could lean in and nibble at the fat, fat Bid-Ask spreads that existed on 99.9% of what was traded -- and then go to cash each night: the Day-Traders...
  17. tommcginnis

    How much income do you need from trading?

    Way off. Way way off. If you aim for results, you will have no idea of your strengths or weaknesses. (And so, a truism: "One of the worst things for a beginning trader is to make money from a bad trade.") If you focus instead on process, your profits will result, within a range, and for the long...
  18. tommcginnis

    Simple automated strategy

    Definitely worth the full 9 minutes... http://www.multicharts.com/downloads/tutorials/ib_datafeed_broker.mp4
  19. tommcginnis

    Help with Excel array in Index

    This is pretty involved, but the following cell contents will tease out a $5 premium of a |20|-delta vertical spread from a broad table of such spreads, by finding the date-series, finding the delta, and then reading over to find the spread premium. It is for OpenOffice, but what you're desiring...
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