Earning an income outside of trading whilst he learns is essential. Start as a medium term investor as its easier to earn something from the...
Hi Hillcrest. ASX options and brokers servicing them used to be so poor for Australian retailers I thought I must have been the only one trading...
Your perception on this is generally correct. You can't just find some pattern or anomaly in markets and just consistently exploit it, as you need...
"...without the help of computers". Go back and read my posts again. You have my view, up to you. You should post again here down the track once...
I just had a look at your video. I didn't spend enough time to try and figure out what rules he was applying to determine his turning points....
To clarify, I call Technical Indicators stuff you normally calculate with a computer, like MACD, RSI, Bollinger Bands etc. Versus Classical...
Two flawed assumptions in your post: - that Technical Indicators have any value at all - that looking at daily charts is the best basis for your...
Money in a trading account is money at risk. As far as I'm concerned, I haven't made any money unless I withdraw it. The idea of leaving money...
Optack, whats wrong with a coin flip with 65% win rate? I think you need to reflect on your numbers a bit more. Firstly, you have the stock at...
Time frame is what your analysis tells you is required to support your target win rate. I trade Bull Put/Bear Call credit spreads on 4 to 7 wk...
Use Bull Put/Bear Call credit spreads. I'm papertrading this atm to optimise strike selection. Just comes down to whether you can genuinely pick...
You dont have an extraordinary system. You need to examine and improve your trading plan. What you have sounds like it both relies on human...
Blue, I'm with Windlesham on this one. There's a difference between theory and practice. The textbooks say a synthetic put is created by a...
I was doing some testing on vertical credit spreads earlier this year. Typically 6wks to expiry, selling nearest strike to the money then buying...
Codestar. No you can't. If you try you will lose. I curently have mid-6 figures invested in penny stocks under 10cents. But I'm invested in the...
No stamp duty. You pay GST of 10% but its embedded in the broker price above. If option trades (not shares) you also pay ASX fees.
Now it's getting serious Stockolio. Short Australian iron ore companies?, shift assets to gold?, thinking, thinking.....
Hi Apollo 13. I'm Sydney based and have struggled with the same issue. The broker that seems to solve this is Tradestation Global. Google it. It's...
Great thread Stockolio. I'm based in Australia and we have a bit of a China problem, in that they pretty much underwrite our economy these days....
Great discussion on this thread. Magic what do you mean re "150% Long Puts..."? I didnt think I was that new. Perhaps I'm confused on terminology.
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