Questions for Rtharp?

Discussion in 'Trading' started by john kulbeth, Jan 21, 2001.

  1. Hi M..

    The Peak Performace Course is something pretty long to do. It is based on all types of trading. It isn't a trading system like most courses. It's about psychology and the human mind in relation to trading. There are 100's of exercises to go through to help get you in the right state of mind for trading. It will teach you what your real weaknesses are in trading. The Peak Performance Course usually takes about 3 months to do. The key is to not skip any exercises. The ones' you want to skip are what you need to work on the most. It's your subconscious talkin when you are skipping a exercise. It's the core of my father's work. Call the office and ask to speak to others who have taken it - what they think of it. My father prides himself on helping others, so if you found no value (as if)there is a refund policy.
    http://www.iitm.com/course/ii03000.htm

    click on the above link for more info.
    Rtharp
     
    #21     Jan 28, 2001
  2. mr. rTharp- I had a question about trading I was hoping you could answer. It concerns a trading technique I read about in the "day trading " course I ordered from this web site. but because I dont want to broadcast any of the techniques that this web site is selling , I was wandering if there was any way I could contact you through an e-mail or something? please reply. thank you , john
     
    #22     Jan 29, 2001
  3. FYI on this website you can just click on the name to email someone. But email is robtharp@home.com
     
    #23     Jan 29, 2001
  4. John

    for some reason my email box won't let me send you anything. I've tried both addresses so I'm just replying here.

    praetorian2 is right. Most MM know of that technique. We trade in decimals now so all they have to do is pay a penny more. I haven't been able to trade that strategy at all.

    RObert Tharp

     
    #24     Jan 30, 2001
  5. Just got long CSCO this morning for 5-7 minutes to make a grand. I can't seem to post a 1 minute chart to show you. It's a high probability pattern. It's where a stock on a one minute bar goes straight down with a 90degree angle heavily and more than it average. It soon runs out of sellers starts going sideways and buyers step in. No stock only goes one way so I play the bounce, usually good for a retracement of 1/4 of the move to a 1/2. CSCO played this beautifully.

    I did this yesterday on JDSU within the last 20 minutes
    and AMCC

    I need to find some real time software that can help me spot this pattern. Anyone know of anything?

    Robert Tharp
     
    #25     Feb 7, 2001
  6. elie

    elie

    Robert

    seems interesting this 1 min pattern. would it be possible, that You mail me a chart snapshot of this described pattern.
    I've looked at the csco chart and saw this situation that You mentioned. seems to me that a pattern like this happens very often in a one min chart. or I missed something here. where would Your entry be? and where Your stop? and what do You mean with " more than it average"? I am just curious to understand what You've told us here.

    I hope that I didnt ask too much.

    thanx and best of luck

    eli



     
    #26     Feb 7, 2001
  7. Robert Tharp
     
    #27     Feb 7, 2001
  8. rpc

    rpc

    Dear Robert:

    I am curious about how your trading infrastructure is set up, for instance:

    1) Who do you use for a broker?
    2) What type of internet connection(s) do you use for your trading?
    3) What trading software do you use.
    4) Computer ( cpu, RAM, etc), monitor size, and any other hardware?

    Thanks,

    rpc
     
    #28     Feb 8, 2001
  9. rtharp

    Thanks for all of your imput and expertise. I would be curious to hear more about your trading style.

    As far as software, I would think the Omega software would be effective if you can get through all the bs with maintaining it (must have high speed connection, and b/c the program is such a monster I want it on it's own machine).

    Also qcharts offers a realtime feature that detects realtime candlestick patterns.

    Good luck
     
    #29     Feb 8, 2001
  10. hey there Mr. tharp, been awhile since ive been on , but ive been working with preatorian2 every day on my day trading skills. i have a question that i was hoping you could answer for me .... its concerning options... i have 2k to open an account with a broker who will give another 2k on margin... my objective is to turn the 4k into enough capital to open an account with cyber so i can trade along side preatorian 2, (he's been a really good mentor to me). Now i got a feeling that maybe you probably dont think that this plan is such a good idea, maybe to risky, but 2k is all i can get and really want to open an account with cyber. Someone told me that they had this same problm and traded options, until they built enough capital to open a trading account. So...questions #1) what do think about this plan? #2) if i buy a call (100 shares) on a stock that is trading at $50.00, and it goes up to $55.00, do i have to have the 5k in my account to exicute the call? do oyu understand what im asking? im still a little confused about how options work. Ive been told that the profit on them is really good if you pick the right one, and it goes the way you think. Can you give me some feed back about how this process of options goes, please??? thank you , John
     
    #30     Feb 11, 2001