The loss could be unpleasant due to the daily settlement issue,even though you hold it in the right direction.Didn`t you ever encounter this problem?Say it could drop 10 points against you 15 minutes before the settlement,then re-open next day and go up 20 points,but you`ll still be debited for that difference.I just look for a clue from some more experienced,if there is any way to avoid this. Thank you
NoDoji gave you an honest helpful suggestion, taking into consideration the abysmal trading, it looks like you could use some. However instead you got defensive, odd stuff.... /shakes head
The bad trade was posted and I acknowledged breaking my own rules. In fact, I acknowledged breaking my own rules AS I posted the trade. Afterwards, I posted changes in strategy and listed some of the changes. If you can find helpful suggestions in her post, you're welcome to them.
32% in two weeks on my first doji pick, let's see how the next one goes: LPR http://stockcharts.com/h-sc/ui?s=LPR&p=W&yr=1&mn=0&dy=0&id=p31351538343
As I scan charts, it looks like metals are about to take off. Silver and copper in particular, bonds may be bottoming. Could dollar also collapse? http://www.finviz.com/screener.ashx?v=211&ta=0&p=m&t=JJC,SLV,ZROZ,uup
Euro taking off while sentiment is negative. http://www.dailyfx.com/technical_analysis/sentiment In other words, we could have dollar and yen devaluation, and commodities take off. Then Germany would be forced to start printing Euros, starting all out currency war. Gold then heads toward $2500. Long bond breaks above 2.50%.
Does anybody follow Break Point Trades? It's a paid service, but he does have some free stuff. It's usually very well done, especially the commodity stuff. His latest http://breakpointtrades.com/market_analysis/legacy.php?nl_id=1416 or blog.breakpointtrades.com
I posted on Dan Loeb's Third Point a few years ago, it's publicly traded. http://www.elitetrader.com/vb/showthread.php?threadid=201845 Still trading at a discount. NAV is $14.61, fund trades at $12.22. Not bad for a top hedge fund. I expect the discount to narrow this year, no reason for this not to trade at a premium to NAV.
I just tried IB Mosaic. The order screen is about the width of a rubber eraser. IB really has a knack for overengineered software that feels cheap. Not surprsingly, the VP of software development is selling IBKR shares pretty much every day.