How to end up with a million dollars from daytrading ... Start with two million.
In the book Long Term Day Traders, a number of very successful traders are interviewed by the authors: Linda Bradford Raschke (the only woman to...
An option ATM (at the money, i.e. the option strike price is equal or about equal to the price of the underlying) has a delta of about 50 (0.50)....
Markets don't crash up. ;)
293 is a goodly number of trades, plenty from which to draw conclusions. 7 years is a pretty good sampling period too, but it would be better if...
The equity curve looks good. How many trades was this? (it may have been stated and I missed it). The past 12 months have been largely a bull...
I trade the RUT (Russell 2000) index and there are 2 tax advantages in trading cash settled indexes like the RUT or SPX: 1) taxes paid - Section...
I import data (quotes, trades, etc.) into Microsoft Access and do analysis with queries (SQL - structured query language) and functions written in...
Wow, this sounds great! Where can I order it? I'd like to buy several copies ... :-)
You might consider not letting the options go into expiration, where you lose all control. You could close the position before it expires, giving...
One possible edge is the passage of time. Direction can be (or is) very difficult to predict, while we know a day will go by every 24 hours....
I've read 100+ books on trading and this is the best one on how to deal with the mental aspect of losses: [MEDIA] I also agree with other posters...
The best way to become a profitable trader is to make mistakes, learn from the mistakes and try not to repeat them. It is the least painful if...
You should also look into Tarot cards ;)
I tried discretionary multiple times and it just didn't work for me. If you read Schwager's Market Wizard books there are a fair number of both...
Again, these answers (including mine) are just guesses as to what will happen. The best thing to do is live experiments with small orders (i.e. 1...
I'm afraid that idea might work in theory but not in practice and you wouldn't get filled. I'd say the bid/ask/mid are reality and what we must...
I do put credit spreads on RUT and try to buy/sell on the mid using limit orders. Sometimes I'll get an immediate fill and other times it will...
MC starts at $99/mo and can be cheaper if you commit longer term and pay in advance. TS is $99/mo but can be free if you do a reasonable amount...
It's just a variation on linear regression. :)
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