Archive for May, 2010
Watch Over My Shoulder As I Make $6082.60 Using My Automated Stock Trading Robot…
tradersnz.robotstock.hop.clickbank.net Watch Over My Shoulder As I Make 82.60 Using My Automated Stock Trading Robot…
Intra-day trading – need help?
I have an ICICI direct account. I would like to try in intra-day trading.
I know they have a facility called Margin trading.However, I would like to know more details on this.
A scenario based response from an expereinced trader would be highly appreciated.
It would be helpful if somone can throw some light on the strategies of intra-day trading
Also what does the term "short" mean in stock trading?
Thanks
Where can I find an advisor for a career in options trading?
I think I would like to have my next career be as a self employed options trader.
After a 14 year career in the Engineering and IT world I moved last year into a career in finance, specifically as a commercial lending officer for a large credit union (.5B.) My education career started in Engineering (including 19 hours of Calculus and linear algebra) but my actual undergrad is a BBA. My IT education includes 4 advanced self taught certifications. I started investing in CD’s, stocks and bonds in 1990, added covered call options in 2000 and long call options in 2005. Even though I had never worked in the finance field, my amateur interest in the financial markets is great enough that senior management asks me my opinion on current issues and trends because of my constant exposure.
As part of my job requirement I will be starting an MBA in September and my course of study is up to me as long as I am working on the graduate degree. Due to my pre-existing interest, heavy coursework in finance, securities and financial math would not be unusual. For political reasons I have to stay in this job for 4 years but I effectively have the opportunity, means and permission to rebuild myself with an eye toward starting on a career in the world of options should I so desire.
I know that during my studies I could ask the professors and advisors about this but I would much rather find someone who is actually doing this to help me structure my courses and studies (formal and self taught) so that while I am being paid to learn I can be learning the things to help me most.
As some here have seen (and answered my questions) I have at least some understanding of options trading. I have found what I think it an effective day trading strategy but it has the significant problems of being unable to scale and requiring constant attention to prevent being on the wrong side of a trend. I need to really learn to do spreads and other long term positions so I can make thousands on a longer term position instead of the 0 per round trip in 15 minutes I target today and not have to watch every minute move from 9:30 to 4:00 all day worrying about missing an instantaneous buying or selling opportunity.
I would very much appreciate it if somebody who has had success in the area of options investing can help me to learn what I need to learn to have the mental tools and experience to be able to seek a career in this arena or barring direct help, help me to find someone who can guide me on this. I don’t think I am asking for a lot of someone’s time but I certainly think it can’t hurt to ask for some help rather than waste money on books or seminars flailing about trying to find that one needle in the haystack of information otherwise uselss to me.
Feel free to contact me directly should you be so inclined.
Thanks in advance for any help provided.
Can someone make a decent living by day trading. What is the best way to get started. Software programs?
I will be losing my job in May (plant closure). I have about 15 years experience in investing (stock, mutual funds) mostly long term investments. I would like to retire in about 5-6 years.
Daryl Guppy Talks Trading Tools – p 1/7
www.davidjenyns.com Daryl Guppy insists that trading tools can be used across multiple markets. Use the same tools, but vary how you operate with them according to the needs of the different markets. You need to position yourself where you are comfortable and then pick the best opportunity. The key is to be in touch with the market and utilize your trading tools as required. This forms the basis of the most effective stock trading systems. Want to know how Daryl Guppy recommends using trading tools to make money trading? Visit: www.davidjenyns.com
Can candlestick analysis alone provide 50% annual return?
I’m curious about the americanbulls.com site, which provides buy and sell recommendations based on candlestick analysis.
It shows ridiculous returns, like 500%, but I understand the catch is that their buy/sell recommendations are generated at the end of the day, so it’s essentially a prediction in hindsight–you would only get that return if you bought during the day, before their recommendation was made.
Nonetheless, I was curious what would happen if I bought and sold according to their recommendations, but at the opening price on the next trading day.
I picked a stock (CAP) whose price is roughly the same as it was two years ago. Plugged AB’s buy/sell dates for the past two years into a spreadsheet, looked up the prices, and subtracted out commissions for each of the 82 trades.
To my surprise, I found that if I had traded 100 shares each time, I would have made 91 over two years, an annual return of more than 50% on the average of 9 I had invested in the stock at any time.
My question is, what’s the catch, what am I missing? Even 50% annual return is too good to be true, especially since their analysis is online for free, and the trading process could be readily automated. If this really works, why doesn’t everyone get 50% returns?
Can candlestick analysis alone provide 50% annual return?
I’m curious about the americanbulls.com site, which provides buy and sell recommendations based on candlestick analysis.
It shows ridiculous returns, like 500%, but I understand the catch is that their buy/sell recommendations are generated at the end of the day, so it’s essentially a prediction in hindsight–you would only get that return if you bought during the day, before their recommendation was made.
Nonetheless, I was curious what would happen if I bought and sold according to their recommendations, but at the opening price on the next trading day.
I picked a stock (CAP) whose price is roughly the same as it was two years ago. Plugged AB’s buy/sell dates for the past two years into a spreadsheet, looked up the prices, and subtracted out commissions for each of the 82 trades.
To my surprise, I found that if I had traded 100 shares each time, I would have made 91 over two years, an annual return of more than 50% on the average of 9 I had invested in the stock at any time.
My question is, what’s the catch, what am I missing? Even 50% annual return is too good to be true, especially since their analysis is online for free, and the trading process could be readily automated. If this really works, why doesn’t everyone get 50% returns?
Day Trading Strategy in StrategyDesk Pt. 1 – Choppy Session AAPL 01/08/09
AAPL net loss today: .00 I picked AAPL today and decided to trade all signals (except of course the first and last 30-60min). AAPL had a choppy session, this trading session will show you what’s the worst that could happen using my formulas. Any retail day trader hates choppy sessions, unless of course you are a Market Maker buying and selling every 0.10-0.30 using automated software. Choppy sessions are very difficult to day trade and could cost you, but with my formulas I managed to reduce the risk and end up with a small loss. Please also watch my USO trade. SHORT at 90.75 COVER at 90.90 LOSS = BUY at 90.90 SOLD at 90.85 LOSS = SHORT AT 90.80 COVER AT 91.12 LOSS = 0 BUY AT 91.40 SELL AT 91 LOSS = 0 SHORT AT 91 COVER AT 91.35 LOSS = 5 BUY at 91.42 SELL AT 92.77 GAIN = 5 Gross made = Total commissions = 7.50 x 12 = Net loss in AAPL today= -
Can Day Trading ever be a science or will it always be more of a gamble?
I like the idea of day trading, but i do not like gambling, would you consider day trading fancy gambling or do you think by using different strategies such as technical analysis or news trading, you have a high chance of profiting…?
