Search found 20 matches

by Dave S.
Fri Dec 12, 2003 5:38 pm
Forum: Money Management
Topic: Ryan Jones' Money Management
Replies: 33
Views: 37519

Ryan Jones' Money Management

Hi All, I've read some of Ryan Jones' ideas regarding money management. He seems particularly critical of Fixed Fractional ideas, such as using 2% of account value, etc. I'm not sure I'm understanding his proposal, as it seems very risky early on, yet more conservative as the account grows. I'd like...
by Dave S.
Tue Apr 22, 2003 2:15 pm
Forum: Stocks
Topic: ilYzyPKPwhICaq
Replies: 88
Views: 82019

ETF's

Hi SwingTrader,

I'm new to this type of trading - can you tell me about ETF's?

Thanks!

Dave S.
by Dave S.
Tue Apr 22, 2003 7:41 am
Forum: Forex
Topic: Forex and Trendfollowing
Replies: 9
Views: 11775

EUR/USD

Take a look at the Forex EUR/USD spread. http://www.fxcm.com Starting in May of 2002, and continuing into the present, a VERY nice, sustained trend began around .8900. You would have had little truoble entering this on daily charts using the Turtle rules, and by checking the longer-term trend using ...
by Dave S.
Tue Apr 22, 2003 7:32 am
Forum: Stocks
Topic: ilYzyPKPwhICaq
Replies: 88
Views: 82019

trading mutual funds

Gary Smith talks about trading mutual funds due to their very low volatilty, and inmany cases, no transaction costs if you are switching in a family of funds. The drawbcks are that there is no leverage, although in some cases this may actually be an advantage, and the fact that you can not short a m...
by Dave S.
Sun Apr 20, 2003 8:37 pm
Forum: Futures Markets
Topic: Spreads
Replies: 22
Views: 24341

More info

Hi Chuck,

Thanks for your reply!

Can you tell me more about Trade Technologies, and how this works? I'd also like to know where and how I can start monitoring these spreads.

Thansk for your help!

Dave
by Dave S.
Sun Apr 20, 2003 10:17 am
Forum: Trader Psychology
Topic: Mindset: being who we believe we can be
Replies: 9
Views: 8076

Self-Talk

The above posts were excellent! It seems another thing we all fail to be aware of at times, and to varying degrees, is the constant self-talk we all engage in. This is the little voice in our head that has a constant running commentary on everything we think, everything we're doing, and everything t...
by Dave S.
Sat Apr 19, 2003 11:12 am
Forum: Trader Psychology
Topic: A moment of significant enlightenment
Replies: 16
Views: 16820

Biography, autobiography, and Turtles

Hi Forum Mgmnt, I think that stories like your above lend credibilty to you, the Forum, and Turtle trading. As I've mentioned to you before, people get inundated with claims of expertise form every corner, and on many forums, there is NO way to verify the authenticity of ANY of these people or their...
by Dave S.
Sat Apr 19, 2003 10:50 am
Forum: Testing and Simulation
Topic: screening programs
Replies: 7
Views: 5449

Experience

Hi Robert, Thanks for your offer of help! Unfortunately, I don't have much programming experience at all. I'm certainly willing to learn, but realize this will take time. I may be able to solicit help from those I know, and people in the family with programming experience. I've just not found any pr...
by Dave S.
Sat Apr 19, 2003 8:26 am
Forum: Testing and Simulation
Topic: screening programs
Replies: 7
Views: 5449

screening programs

Can some of you comment on this, please? I'm interested in a program that can screen stocks, mutual funds, and anything else, based upon preset criteria such as, but not limited to: 1) making new high of X days 2) in (user) defined trading channel of X days 3) other, user-set parameters Since there ...
by Dave S.
Sat Apr 19, 2003 7:05 am
Forum: Testing and Simulation
Topic: Portfolio Selection
Replies: 57
Views: 53606

Diversification

William O'Neill of How to Make Money in Stocks, and Investor's Business Daily fame, has been quoted as saying, "Diversification is a hedge for ignorance." If we assume diversification among intruments and markets to be necessary, some questions that come to mind are: 1) How do you diversify when you...
by Dave S.
Fri Apr 18, 2003 5:29 pm
Forum: Money Management
Topic: What's the best way to learn about Money Management
Replies: 9
Views: 10667

Originalturtles.org

Hi George, The original Turtles had a 10 year secrecy agreement with Mr. Dennis, and all but one had enough respect for Mr. Dennis to continue to adhere to this. They finally decided to make the Turle rules available for free in a effort to stop othr's explotation. If you go to http://www.originaltu...
by Dave S.
Fri Apr 18, 2003 2:50 pm
Forum: Trader Psychology
Topic: The puzzle, the profits, or both?
Replies: 2
Views: 3664

The puzzle, the profits, or both?

I'm interested in a conducting a bit of a poll. What motivates you as a trader? Is it the challenge of solving the puzzle the markets represent, the profits, or some combination? I've personally always been fascinated by the puzzle aspect of trading. Sure, the profits are a motive, but if the puzzle...
by Dave S.
Fri Apr 18, 2003 2:43 pm
Forum: Trader Psychology
Topic: Fractal Psychology
Replies: 2
Views: 2876

Thank you, c.f.

Thanks,

Yes, this does explain your point well!
This is like a puzzle that just keeps getting more fscinating - hmmm...I just had another Topic idea!

Dave
by Dave S.
Fri Apr 18, 2003 2:18 pm
Forum: Trend Indicators and Signals
Topic: Jesse Livermore ...
Replies: 14
Views: 18421

Jesse

This is interesting - did you use the Jesse Livermore system outlined in the little thin book entitled How to Trade in Stocks: The Livermore Formula for Combining Time Element and Price?

Dave
by Dave S.
Fri Apr 18, 2003 2:09 pm
Forum: Trader Psychology
Topic: Fractal Psychology
Replies: 2
Views: 2876

Fractal Psychology

Forum Mgmnt, In another thread we discussed the idea of trading multiple time frames using the same system. You pointed out that the trader psychology would be different across various time frames, so this might not work well (please correct me if I misunderstood your point). This got me to thinking...
by Dave S.
Thu Apr 17, 2003 4:07 pm
Forum: Futures Markets
Topic: Spreads
Replies: 22
Views: 24341

Spreads

Is there any reason one couldn't trade futures spread positions in the same manner as outright futures positions? My experience with spreads (i.e. long May wheat/short Sep wheat) has been that they are less volatile, the margins are much lower, and the overall risk is reduced. There are undoubtedly ...
by Dave S.
Thu Apr 17, 2003 3:48 pm
Forum: Stocks
Topic: Interesting article about stocks fraud
Replies: 8
Views: 9082

Amazing

Where did you ever manage to find this?

What a great story line for a movie!

Dave
by Dave S.
Wed Apr 16, 2003 9:14 pm
Forum: Trader Psychology
Topic: Short-Term vs Long-Term Trading
Replies: 16
Views: 14898

Time Frames and Techniques

Thank you all for your responses. Regarding the time frame issue: If we assume the market to be fractal, and that the same price tendencies persist throughout various time frames, wouldn't robust trading techniques work across mulitple time frames? Would this be one possible approach to trading mult...
by Dave S.
Wed Apr 16, 2003 4:59 pm
Forum: Trader Psychology
Topic: Short-Term vs Long-Term Trading
Replies: 16
Views: 14898

combining timeframes

Thanks for your comments I found your idea of combining timeframes interesting - I've looked at doing this, too. When I was short-term screen trading, I'd look at the 5 minute time frames for entries, but use the longer time frames, such as 30 and 60 minutes, to get a feel for the "big picture." Lat...
by Dave S.
Wed Apr 16, 2003 1:42 pm
Forum: Trader Psychology
Topic: Short-Term vs Long-Term Trading
Replies: 16
Views: 14898

Short-Term vs Long-Term Trading

It would seem that the long-term trading approach would be "easier" on a trader in terms of the stress involved in making trading decisions. My experience has mostly been with short-term trading methods, and I found these to be very stressful due to the need to react almost instantaneously. My makeu...