Search found 85 matches

by Paul King
Thu Aug 11, 2005 3:46 pm
Forum: Stocks
Topic: what is the best web-based stock screener? Free or paid
Replies: 11
Views: 13968

Try the Reuters Powerscreener at:

www.reuters.com

Click Investing, then Ideas And Screening then PowerScreener.

You have to register (for free), but it has more flexibility and variables than anything else I have seen.

Hope this Helps

Paul
by Paul King
Fri Aug 05, 2005 7:18 pm
Forum: Money Management
Topic: Larry Hite on "why a high % of speculators lose money ?
Replies: 9
Views: 9977

Ross, Glad you are finding the eBooks useful :-) As for the 5% discretionary part of my trading, I use it exclusively to skip low risk/reward trades i.e. I never enter a position that has not been signalled by one of my systems, but I may use discretion/experience to avoid signals under some circums...
by Paul King
Fri Aug 05, 2005 8:17 am
Forum: Money Management
Topic: Larry Hite on "why a high % of speculators lose money ?
Replies: 9
Views: 9977

2004 was a difficult year and my systems 'only' made just over 11% (my target is 20%, and I already have a better return through July 2005 than I did in all of 2004). My trading is not 100% mechanical, and with so many thing in trading, getting exactly what you want off the shelf is not possible, so...
by Paul King
Thu Aug 04, 2005 4:29 pm
Forum: Money Management
Topic: Larry Hite on "why a high % of speculators lose money ?
Replies: 9
Views: 9977

The one big difference with dieting versus trading is that trading has no guaranteed results. If you eat less (in calories) than you use up (in excercise), the laws of conservation of enery dictate that you have to lose weight. If you diligently adhere to your trading plan, there is no guarantee tha...
by Paul King
Thu Aug 04, 2005 9:24 am
Forum: Money Management
Topic: Larry Hite on "why a high % of speculators lose money ?
Replies: 9
Views: 9977

Sounds simple but this is the key to making money trading

All my trading systems use these ideas to create their 'edge': Have a win% (slightly) better than 50% (usually between 50%-60%). Keep losses small (compared to winners) by sticking to my initial stops. Allow winners room to grow i.e. don't trail stops too tightly with winners. If your average win is...