Professional Trader - Ask your questions here for the next few days...

[Thunderdog]

Quote from ByLoSellHi:

...And yes...will inevitably blow up...

You must be a real hit at parties, eh?

 

[the1]

Do you want some of my Vicotin to ease your carpal tunnel after answering all these questions?

 

[Schaefer]

Quote from number22:

Learn to post right image, can't read your picture files at all. At least, i can't read thumbnail image.

It works fine here, just click it to open, then click on the expand button at the bottom right.

Schaefer

 

[DisciplinedHedg]

Quote from ivanbaj:

I hope these are not too naive:

What is your average profit to stop ratio (R:R)?
What is your PF?
What is your success win%? (in general)

Thanks!

I have never calculated any of these ratios. But I'll guesstimate.

I use mental stops. The stops are usually a $ amount of pain rather than a %. And it fluctuates depending on how much profit I've had recently and depending on support/resistance levels.

My success win is high with the occasional medium sized loss that will eat up about 1-3 weeks past gains.

 

[DisciplinedHedg]

Quote from tradingbug:

Do you use volume in your trading? If yes, how so? TIA

 

[Mercor]

Do you use a stand alone screen for your porn?

 

[DisciplinedHedg]

Quote from eminitrader007:

Do you use commonly found technical indicators?

Do you prefer a smaller time frame, larger time frame or use multiple time frames?

Thanks.

Besides the indices, I only watch the tick and vix. And all those have support/resistance levels.

I've found time frame is extremely important. I cannot emphasize this enough. It is important because it is the major factor in aligning with my personality. I trade daily with usually 1 day charts because I will already have a mental picture of what has occurred in the past. I use a monthly time frame to guage profitability.

 

[DisciplinedHedg]

Quote from aradiel:

Analisys / Money Management / Psycology

What is the relative importance of each aspect above mentioned to make a trade? (For example: 1/3, 1/3, 1/3)

For me, 1% / 9% / 90%.

 

[DisciplinedHedg]

Quote from Stok:

Curious about what option strategy(s) you implement? And, what time frame are you doing your futures trading (intra-day, swing, etc)?

For options, I'm a writer. I will hedge those positions with the underlying futures.

I trade intra-day but will hold most options until expiration.

 

[DisciplinedHedg]

Quote from SWScapital:

How big was your account when you got started and currently what % of your account do you risk per trade?

I almost don't remember but I think 16 years ago my account was around $10k.

I don't calculate % risk but $ risk. It may be the same in the end, but mentally I am thinking $ not %.