25 Years & $100 Million Profits... A to your Q's, Today Only

Discussion in 'Trading' started by gnome, Jan 1, 2008.

  1. gnome


    Arguing trading is like arguing religion... so I try not to.

    Markets are closed today, so I'm offering my humble opinions* in response to your questions on trading issues... today only for all of 2008.

    *Warning.. be prepared for lots of "you're full of CRAP" responses
    lawrence-lugar likes this.
  2. Div_Arb


    This is a serious question, so don't think I am being smart. How do you manage your wife as a full-time trader? My wife looks upon trading as gambling, and as you can imagine, this leads to alot of tension in our relationship which I believe hinders my trading. How do you approach "wife management"?
  3. With all due deference, and with apologies for asking a religious question, do you believe in and profitably employ Fibonacci retracements on an intraday or daily scale? You will of course recognize that it is a trick question.
  4. How do you manage the gamma risk on a 40-delta American KO barrier option? Thanks.
    Rationalize likes this.
  5. tito


    What in your opinion is the most profitable type of daytrading (scalping, playing relative strength, pair trading, etc.)?
  6. deaddog


    What one piece of advise would you offer to traders who aspire to reach your level of success?
  7. gnome


    Control losses. Don't average into losing trades out of "hope to break even".
    Douryan likes this.
  8. Serious answer.She's probably right. You aren't going to make it as a highly successful trader.Women like men often have to settle for 2nd or 3rd best or worse in a married partner; so a husband with fantasy ideas for success are a dime a dozen and the little lady is only trying to steer you back to being one of the zillions of employed & useful drones which make up society.
  9. gnome


    I don't see it as a trick question. Fibs work sometimes... often enough that they are worth including in one's observations... but they are not the Holy Grail, of course. And yes, I use "50 & 62% retracements".
  10. gnome


    I don't know what any of that means.
    #10     Jan 1, 2008