Free advice from a pro trader-just post

[TheBramble]

Man, it seems like you guys set up everyone for failure, now no matter I say, it's spun in a negative direction.

David, us Brits do have a tendency to downplay success (even as Traders) and look for the negative in things. Something to do with our grey climate I'm told. But we make great Devil's Advocates...! Any claim or system is going to get a thorough going over on these boards.

Couple that with the equally stereotypical enthusiasm of one of our American cousin's and there's always going to be a reaction.

The fact that you also offer an options trading course and could have been using these boards to advertise was bound to raise hackles.

Approach and cultural differences apart - welcome and I hope, even as an experienced trader, you get as much from t2w as do us newbies.

Your take on options and trading generally will be most welcome.

You chaps should come over here to the States and get in politics,

We have enough of our own clowns here thanks.

 

[zarif]

Come on Guys Give the man a break. Giving entertainment like this is better than watching Corrie on the box.(tongue in cheek).
Ps: For a professional trader he seems to have quite abit of time on his hands - i wonder if he is "free trader" a dreamer as we would call it. Mind u it would be a nightmare to follow any advice.
rgds
zarif

 

[broker1107]

Broker,

Do you use technical analysis for u'r trading?

If so, wot indicators/system do you use? And wot do u trade/specialise in?

Thanks in Advance
Fin

Yes, I do use several technical indicators, mostly though I follow the MACD because it tends to give early signs on stock options, which is what I primarily trade. I also trade foreign currency options and commodities.

 

[broker1107]

Here is today's pick from our newsletter. If anyone wants to get these picks each day, they can for FREE (not selling anything, lol) It's web based, so once you sign up, you can just visit the same page for the updates each day. Just send a blank email to:

[email protected]



Symbol Last Date Change Open High Low Volume
EVCI 14.2 Apr-07-04 0.20 14.18 14.37 13.81 243,800

MACD has crossed over center

Very Bullish short term

Price Support Pivot Point Resistance

14.20 13.57 14.13 14.69



Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy


Hope it's a good one.

 

[Skimbleshanks]

I don't trade stocks, but as this is only a game I'm all for a laugh. So I'm going for short-term bullish and bearish stocks as follows.

Bullish:
AAPL
CMGI
COMS
NTLI

Bearish:
ALTR
ATML
FHCC
PCAR

Fingers crossed, and place your bets! LOL

 

[Trader333]

I will have $5 each way on AAPL and can someone tell what time the race starts ?


Paul

 

[Skimbleshanks]

09:30 EST (14:30 BST), and they're running at New York in the Nasdaq100 Bulls v Bears 720 Minute Steeplechase.

 

[zigglewigler]

Gosh darn it folks, it's only $47, a wise old Cherokee called Running Bull Crash Heap Big gave me this here secret potion what is made form the juice of grizzly bear nad juice, proven to cure all your trading warts and to revitalise your shrinking accounts, now many a successful trader, I say, many a successful trader, has paid me thousands of dollars for this here elixir, but because you're such lovely God fearing people, I'm gonna let you steal this from me, yes that's right, I'm allowin' ya ta rob me, for the trifling sum of forty seven Yankee dollars. Do I here Hallelujah!?

 

[TheBramble]

Will this also cure my depression and (newly acquired on t2w) weight problems?

 

[BBB]

Go back to bed Bramble lol

 

[techcherry]

hi all !!
please let me tell you all , this is very good entertainment, to see you jumping on the poor man and eating him alive, the guy is trying to be nice !!

I am a novice is this areas and I would like to ask you all if there anyone which would like to share with us a good system, not complicated preferable, once I still do not feel comfortable with a lot of indicators!

thanks!!!

 

[neil]

Look at the boards and read the "system" threads. Look at the "First Steps" thread.

Search under "stoploss" etc and experiment. Then put together your own "system" from bits culled from postings and questions.

You will not get any "system" that will work all the time. If their was such a creature then all would trade it and the market would cease.

Keep reading, using the "search" facility, question. It takes time and effort but one day you should evolve your own style.

You will not get a style "system" given to you.

Good luck

 

[Jack Hughes]

Fabtastic!!

 

[GammaJammer]

any particular reason you chose to make your first post on a thread more than 5 years old and dead, not to mention unrelated to the actual topic of your post.

There's a name for what you posted but I can't remember what it is off the top of my head. When daytraders send out spam posts to bulletin boards claiming to have some scoop on a stock. Ramping? Oh, I dunno. But anyway it's pretty transparent.

 

[Benton D Struckcheon]

any particular reason you chose to make your first post on a thread more than 5 years old and dead, not to mention unrelated to the actual topic of your post.

There's a name for what you posted but I can't remember what it is off the top of my head. When daytraders send out spam posts to bulletin boards claiming to have some scoop on a stock. Ramping? Oh, I dunno. But anyway it's pretty transparent.

The old pump n dump.
They're a plague.