Search results

  1. lindq

    Serious question about automated quant trading for the person of average intelligence

    You can develop auto-trading models with 10th grade math. The less complex your systems, the better off you'll be.
  2. lindq

    1/4% Tax on all stock trades pushed in NY Times today

    When I read comments posted on UK and European forums like these, I'm often struck by how civilized and intelligent they can be compared to here in the U.S.
  3. lindq

    leaving a paying job to day trade-experienced day traders please help

    I have to disagree. This year has been very supportive of daytrading. Both long and shorts generally revert nicely to the mean, and most anything with volume over 500K/day is trading penny spreads. The VIX is still at a level decent enough to support some intraday moves, without getting...
  4. lindq

    How not to overtrade?

    That is a great statement and so true. The biggest challenge in trading - or at least trading based on a specific system and set of rules - is that success is statistically based. We expect to generate X profits over Y number of trades. But trades happen one at a time. Not...
  5. lindq

    1/4% Tax on all stock trades pushed in NY Times today

    Once there was a farmer who had a Golden Goose in his backyard that layed Golden Eggs. But one day he got a little hungry, and stupid, and he pulled out his shotgun and killed the goose and ate it. And a couple days later, what did he have? He had a dead goose and no more Golden Eggs...
  6. lindq

    1/4% Tax on all stock trades pushed in NY Times today

    That's excellent news, if true. And I would bet there was some conversation across the pond before a statement like that was made, representing the position of the German government. Now Pelosi and friends have their reasonable escape clause. "We really wanted to enact a Transaction Tax...
  7. lindq

    1/4% Tax on all stock trades pushed in NY Times today

    From the Bloomberg article: "DeFazio told reporters he thinks the idea will gain traction in the face of Obama administration resistance because it will appeal to ordinary Americans in an era of government bailouts of investment banks. " The stupidity of that comment is clear in...
  8. lindq

    1/4% Tax on all stock trades pushed in NY Times today

    "...Transaction fees like this have long existed in other countries. For example, the United Kingdom charges a tax of 0.25 percent on the purchase or sale of share of stock. " I see red everytime I see this about the U.K. As if the British economy is something to be held up as a standard...
  9. lindq

    1/4% Tax on all stock trades pushed in NY Times today

    Come on folks. We need more comments sent supporting this article opposing the transaction tax. http://thehill.com/blogs/blog-briefing-room/news/69831-dems-split-on-stock-tax A LOT OF PEOPLE IN D.C. READ THIS SITE, SO LET YOUR VOICE BE HEARD. GET WITH IT! MAKE A DIFFERENCE AND POST !!!
  10. lindq

    Day trading penny stocks to minimize proposed transaction tax

    Come on folks. We need more comments sent supporting this article opposing the transaction tax. http://thehill.com/blogs/blog-briefing-room/news/69831-dems-split-on-stock-tax A LOT OF PEOPLE IN D.C. READ THIS SITE, SO LET YOUR VOICE BE HEARD. GET WITH IT! MAKE A DIFFERENCE AND POST !!!
  11. lindq

    1/4% Tax on all stock trades pushed in NY Times today

    Come on folks. We need more comments sent to this article opposing the transaction tax. MORE COMMENTS NEEDED FROM YOU. A LOT OF PEOPLE IN D.C. READ THIS SITE. GET WITH IT! MAKE A DIFFERENCE AND POST !!! http://thehill.com/blogs/blog-brief...it-on-stock-tax
  12. lindq

    1/4% Tax on all stock trades pushed in NY Times today

    Come on folks. We need more comments sent to this article opposing the transaction tax. MORE COMMENTS NEEDED FROM YOU. A LOT OF PEOPLE IN D.C. READ THIS SITE. GET WITH IT! MAKE A DIFFERENCE AND POST !!! http://thehill.com/blogs/blog-briefing-room/news/69831-dems-split-on-stock-tax
  13. lindq

    1/4% Tax on all stock trades pushed in NY Times today

    Come on folks. We need more comments sent to this article opposing the transaction tax. MORE COMMENTS NEEDED FROM YOU. A LOT OF PEOPLE IN D.C. READ THIS SITE. GET WITH IT! MAKE A DIFFERENCE AND POST ...
  14. lindq

    1/4% Tax on all stock trades pushed in NY Times today

    The argument for providing liquidity is useless. It goes right over the head of the non-trading public. Anytime a trader sees or hears a comment that trading is a "non-productive activity", they need to respond forcefully with something similar to the following: OUR ACTIVITIES ARE...
  15. lindq

    Scanning Software Help

    InvestorRT at www.linnsoft.com
  16. lindq

    Software for IB feed

    InvestorRT (www.linnsoft.com) has just undergone a major upgrade to 10.0 that has full integration with IB. You can input your data from IB, and send orders directly from charts with customizable buttons, and by moving reference lines, etc. etc. etc. Complete backtesting of portfolios and...
  17. lindq

    1/4% Tax on all stock trades pushed in NY Times today

    I can see the slight possibility of a tax on institutional trading IF the market tanks again and the politicians think they need to show some action. But if such a tax were to reach down to the level of individual traders and investors, there are just too many main street interests that...
  18. lindq

    1/4% Tax on all stock trades pushed in NY Times today

    The rationale for this potential tax - as expoused by some in congress - is to help pay for the "jobs bill". And proposals are to increase the portion of the jobs bill that is going to create jobs in building infrastructure. Roads and bridges. So...very simply...the tax would transfer...
  19. lindq

    Pelosi now wants GLOBAL transaction tax on individual stock trades!

    That's correct. I did NOT hear Pelosi say that she supported a tax. Her comments were that IF there were to be such a tax, it would need to be an internationally coordinated and supported effort. Which, IMO, puts anything off for years, if ever.
  20. lindq

    Newbies listen ! My Story w/ lessons

    It wasn't any different in the past that it is now. If anything, this site is more sedate than it used to be. That's a sign of any site's aging. What's new to be said of trading that isn't already in thousands of threads that can be searched? I read the other day that WikiPedia has...
Back
Top