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Traders' Most Commonly Asked Questions
- Thread starter AskSlim
- Start date
bullet-----
a creation of quasi prop firms to increase commission revenue.
best,
surfer :eek:
a creation of quasi prop firms to increase commission revenue.
best,
surfer :eek:
Quote from hayman:
Slim,
For equities, what is the single most used tool by you, that allows you to run winners up, as opposed to cashing out early ?
TIA !
My best tool for maximizing profits is cyclical analysis. This give you a time parameter to add to your trade, vs just using a price objective.
So if a cycle says that a stock (and the market) has a high probability of rallying for a specific time, you can stay with positions and even add to them with more confidence when the trade is going right.
Great Trading!
Slim
Have you heard of or looked into WizeTrade and would you consider it a cyclical analysis tool?
-Fast
-Fast
OH! I See.
Yes, a bullet is essentially a synthetic call (Long stock and Long put).
So why would you want to do this vs. buying a call? You, of course will pay double commisions.
The best answer is for creation of long stock in your trading portfolio so if the market begins to drop, you won't have to worry about getting upticks for short sales. There are companies who are in business for just this purpose, creating bullets for traders.
Another reason is for dividend capture. Even then, it's questionable whether it makes economic sense unless you create a long holding period that encompasses at least two exdividend dates on a high-yielding stock.
Slim
Yes, a bullet is essentially a synthetic call (Long stock and Long put).
So why would you want to do this vs. buying a call? You, of course will pay double commisions.
The best answer is for creation of long stock in your trading portfolio so if the market begins to drop, you won't have to worry about getting upticks for short sales. There are companies who are in business for just this purpose, creating bullets for traders.
Another reason is for dividend capture. Even then, it's questionable whether it makes economic sense unless you create a long holding period that encompasses at least two exdividend dates on a high-yielding stock.
Slim
Quote from OrangeCat:
Dear Slim:
I've seen your articles in SFO and there great!! My question to you ....Although I have a very simple trading method that works, I am still driven to modify my methods to see if I can make it better. Furthermore, I am on a relentless journey to learn other peoples methods to see if I can incorporate them in to my own strategy. What advice do you give to someone who cannot stop seeking the "Holly Grail"?
I ask this question because trading is such a competitive business, the need to know or to constantly develop better methods seems to be a natural drive that many of us need have in order to survive. Besides, the markets do change over time despite the fact that there are a few timeless predictable patterns in the market. Or is it that good risk management and control over our emotions is all you need, even if your best results in trading is just 50%?
"The question is not why you are so infrequently the person you want to be. The question is why do you so infrequently want to be the person you really are?"
The Dance -- Oriah Mountain Dreamer
You make 50%??? It sure sounds tome like you have the method. The holy grail lives within you. Find the resources and alliences that will help you be the best you can be as a trader, to help you build your emotional fitness so that you will blossom with the talents and knowledge that is within you.
Humbled,
Slim