Search found 6 matches

by tony5147
Sat Mar 24, 2007 11:28 pm
Forum: Trader Psychology
Topic: the only professional goal -trading
Replies: 10
Views: 16917

Hi Barli : I'm humbled by your compliments comparing my comments to Mr Marty "BUZZY" Schwartz, who is legendary in Wall Street. I'm still threading step-by-step in my options trading journey. I believe the only way to improve is to keep building experiences understanding the market & p...
by tony5147
Sun Mar 18, 2007 5:07 am
Forum: Trader Psychology
Topic: the only professional goal -trading
Replies: 10
Views: 16917

Nice thread. It's just that, when you are a beginner trader who have decided to trade full-time, your capital would be easily trimmed down by the many drawdowns due to inexperiences and also from one's poor money management. It would certainly be emotionally daunting to trade full-time in a discipli...
by tony5147
Sun Feb 04, 2007 11:42 am
Forum: Trader Psychology
Topic: Trusting your system
Replies: 24
Views: 31364

Hi mathi : Trading based on planetary movements sound so risky!! BTW, how do you determine which planetary movements are bullish, and which are bearish? Even when you are very confident of your next trade based on fundamentals and/or technical analysis, there could still be a possibility that your t...
by tony5147
Sun Feb 04, 2007 11:29 am
Forum: Testing and Simulation
Topic: Strategies based on abnormally high volumes
Replies: 2
Views: 3435

Hi

Hi Shivar : What you can do is to keep track of a list of stocks that would gap up/down after earnings announcement. Price Movement of a few points from such shares before earnings announcement are quite common. But you must trade with the trend in a hit-&-run manner and exit your positions befo...
by tony5147
Tue Jan 23, 2007 4:14 am
Forum: Trader Psychology
Topic: Boy Plunger
Replies: 11
Views: 19730

Hi : If Mr Jesse Livermore is alive today he would have been a more "efficient" trader. Instead of relying on the tape machine and chalk boys filling the quotes of the blackboard, he would have live streaming stock data, online technical charts and live news feed at his fingertips to aid h...
by tony5147
Tue Jan 23, 2007 4:00 am
Forum: Testing and Simulation
Topic: Optimization what it is.
Replies: 8
Views: 7672

Hi

Hi Traders : I've been trading stock options for about 2 years. I truly understand that using mechanical system parameters to track the trend of the stock could be rather risky since certain stocks are volatile. That's why I use options as a leverage tool to take advantage of such sudden price movem...