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straddle

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Everything posted by straddle

  1. straddle
    For options that require physical assignment (ex equity options,option on a specific stock) its better to sell them in the expiry date to avoid assignment . Buying the stock will require funds available and you will have to pay commisions . Index options are cash settled do there is no problen with assignment
  2. straddle
    I personally believe that there is some voodoo in Technical analysis . There is a possibility that pasts trades are completely random (ie dont follow a pattern) and are unrelated to future trades . BUT if most traders are seeing patterns in past behavior they will base thair trades on past perfomance and patterns . So you have to take TA seriously if you want to predict other people's trades .
  3. straddle
    I was looking for an online simulator for futures and stocks and then I read this post http://vse.marketwatch.com/Game/Homepage.aspx and thought I had to ask . I know I can develop a litttke excel and document my fantasy trades byt i am looking for an online tool to get ideas unti i make something of my own
  4. straddle
    Thank you all for you answers . I guess you are right about futures being out of the question . They are risky and open positions need a margin . It is just that you can short the market with futures . I guess only stocks and options trading is right for me . Propably I will need to do alo of paper trading and see if I can pull this of . First I will browse the forum to collect info.
  5. straddle
    In this crazy world a paycheck is more important than chassing crazy profits , however if you have some experience and you like trading you can do some trading on the side . How can you do that when you are occupied during trading hours ??? I guess you do your homework on the weekends and your focus is longer term . You dont trade based on the day but rather on the week or the 15 days . But how exactly do you go about it ?? Do you put a blind order before market opening just in case the "product" reaches your target price ?? The obvious answer is trade with the help of a broker (an actual person) but after a while the broker will start taking initiatives and before you know it you dont trade anymore but rather the broker trades with your money . Any ideas on how to accomodate trading with a full time job you dont want to lose?? PS In this thread the topic starter loses all signals because he has to work http://www.traderslaboratory.com/forums/beginners-forum/14437-exit.html
  6. straddle
    Usually heard in July after an unsuccessfull trade Sell in May and go away . Never knew the real meaning behind it - sounds like " i need a break"
  7. straddle
    i would trade more since if you have more money your chances of winning are greater . Unfortunately if you get carried away you might lose it all.
  8. straddle
    A fund manager would know how to separate his savings or other bank account with the account that he uses for his daily transactions . Doesn't the fund manager know the concept of overnight deposit?? Anyway . I guess that memes are frowned upon on this site but I cant help myself Seems Legit . PS How can you tell the difference between a fund manager and an ordinary guy ??
  9. straddle

    Exit

    straddle replied to mahenav's topic in Beginners Forum

    Its not easy to daytrade if you have a full time job . Some times its not easy to just trade if you have a full time job. Now its easy to monitor the market using an iphone but back in the days if you didnt work on a pc you had no idea what was going on. Try to reavuate your system on am larger time frame .(a week or a month) Also when you miss the signal either play this one out or if you enter dont start with moaning and the shoulda goulda woulda . You missed the signal end of story , now you are following a new one . PS Just realized this is an old thread . It would be interesting to discuss how it is possible to trade and keeping a full time job
  10. straddle
    Are you still following the forum?
  11. straddle
    Since the original post is way too old I going to ask again . Whats the best place to get live quotes from and will it work in libre office???
  12. straddle
    Can you share this info with the forum??
  13. straddle
    a good trade is not necessaraly a winning trade . You can make a trade for all the righ reasons and still lose . I dont believe in invidual trades but overall stategy whih has more wins than losses and a posive dollar result . Anyone can make a winning trade by pure luck its the strategy that matters . On the other hand if someone has a series of good trades by pure luck its not bad either .
  14. straddle
    This reminds of well known actors that allways say tha the have "stage fright" everytime they perform but this actually helps them perform better . I believe that most human emotions are bad in trading . ( Too much on joy a winning trade might ruin your next trade .) On the other hand i dont believe in automated trades . So the best thing is something in bewteen . A person who can distance himself from emotions . Like a syrgeon who does heart surgery. He has to focus on the mechanics of the heart and not to the actual person and what his illness can do to his friends and family.
  15. straddle
    I dont totally believe in TA but if others trade based on TA it becomes an instrument to predict others' behavior . Ex if a stock has a strong support at 900 and it breaks it people will start selling confirming the TA sign. The stock didnt fall because TA was a good predictor but because people believed in the sign . Its like the joke with the weather man and the native americans
  16. straddle
    Would you recommend an automated software to a novice. I guess that the software doesnt make decisiona on its own but you must input parameters based on which orders will be sett. Can a noob set up an automated system . If someone inexperienced wants automated trades i would recommend a broker (an actual person)
  17. straddle
    Shouldn't keep your expectations too low either . When you are winning you should take advantage of the momentum and win as big as you can . Dont settle for 10% when you could win 50%. Because when you are losing there is a possibility you could lose fast . So you need some wins to cover potential losses .
  18. straddle
    Hence the username :drinker: Mine is Lack of confidence . Not sure if I made the right chioce I close my position quiclly . This actually saves me from heavy losses but i lose potential profits . Aw long as I am winning 5 and losing 3 I am ok but if i start losing 7 then i will sloooooooooowly zero my account.
  19. straddle
    I feel silly for not remembering that preferred stock is traded but with a different code . I remember when a friend accidentally bought for a client the preferred and not the common stock and then he coulld not sell them (because of low volumes) Prefferred stock usually have a fixed divident and may have a date that they be called (bought back) by the issuing compnay Didnt read the article above, but how do you trade the a if is i fixed??? PS to answer the thread starter . You just keep the preferred stock and collect divident .
  20. straddle
    A big loss is heart breaking . The only thing you can do is abstain from trading for a while . Just watch the monitor and do some analysis and trading on paper to regain your confidence . Same thing applies when you have a series of bad trades that usually end up with a really bad trade . When you think that you are losing your touch just take a step back . Dont try to win everything back in a trade .
  21. straddle
    Dont quite understand the definition of a business person . Do you mean a man wearing a suit and a tie carrying a briefcase ?? In any case a trader must have among other things a good knowledge of the market , good knowledge of the products (stocks, bonds , fututres etc), knowledge of fundamental and technicl analysis and some years of experience . Anyone with a newspaper a computer and a phone can trade but that doent make them traders .
  22. straddle
    prefferred stock is Hybrid of stocks and bonds . Thy have priority over common shareholders on dividends and on assets in case of liquidation but they have no voting rights . i think that that is the way they are going to bail out banks in Europe from the -ongoing- crisis. The banks will issue prefferred stock that the state will acquire , this way the state wont have voting rights and the banks will keep their freedom . Not sure if prefferred stoxks is traded on stock exchanges . PS Definition of preffered stock in Preferred Stock Definition | Investopedia
  23. straddle
    I guess Jack Bogle is critising the attitude of trying to skim some money by buying and selling stocks in the very short term (even in the same day) trying to take advantage of ups and down in the price and he is trying to tell us that it is time to buy and hold stock for a long (how long??) time. I believe that trading is not actually "investing" but rather you invest in trading . You believe hat good money can be made by bying and selling stock to take advantage of market movements . If you invest on a stock you believe that the company will make you money so you hold on the stock for ever. In essense this guy says forget day trading , throwing your money on the companies themeselves will make you more money as the economy is starting to recover. But if you believe in the economy why not start your own business ??? At least with trading you can make money when stocks markets are down .
  24. straddle
    Stop orders require caution . Unfortunately stop orders become stop profit orders. people dont use them when the market moves to the wrong direction as they believe the market will turn to their favor but they do use them when they are "making money" as they are afraid they might lose their profits . My advise is use the stop loss order for the purpose it was ceated ie a stop loss and not a take profit order . Try figuring out the accepted loss the moment you make a trade (ie keep a mental stop loss or actually put it as when the market moves against you it moves too fast)
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