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: 26565

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 & put my focus ...
by tony5147
Sun Mar 18, 2007 5:07 am
Forum: Trader Psychology
Topic: the only professional goal -trading
Replies: 10
Views: 26565

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 ...
by tony5147
Sun Feb 04, 2007 11:42 am
Forum: Trader Psychology
Topic: Trusting your system
Replies: 24
Views: 52957

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 ...
by tony5147
Sun Feb 04, 2007 11:29 am
Forum: Testing and Simulation
Topic: Strategies based on abnormally high volumes
Replies: 2
Views: 4318

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 ...
by tony5147
Tue Jan 23, 2007 4:14 am
Forum: Trader Psychology
Topic: Boy Plunger
Replies: 11
Views: 24247

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 his ...
by tony5147
Tue Jan 23, 2007 4:00 am
Forum: Testing and Simulation
Topic: Optimization what it is.
Replies: 8
Views: 10811

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 ...