So What Is The Market Doing Now?

[So What Is The Market Doing Now?]

i think i may buy some sds , ultrashort s&p 500 pro shares, there a mind twister. trade 200% the inverse of the s&p.

[Nov. 6, 2006 Market Thoughts???]

looks like a retest on lighter volume, going down

?

[So What Is The Market Doing Now?]

looks like we are retesting the high on lighter volumes, going down? See how we end the day.

[Good poker players make good trader?]

Thought you may like this article.

Bright Trading - Welcome to Professional Stocktrading

[Stop Loss or Target Price?]

I use both stop loss and profit target. I move my stop incrementally toward my profit target until my target is reached, whichever comes first. This way, I keep my profits but also giving the market room to reach my target.

 

I do pretty much the same.

[Funny Picture... Take A Look!]

LOL Nice one wonder if hes knows

[Market Manipulation Possible?]

in my opinion:confused: :p :rolleyes:

[How your mood affects your trading]

I think this is part of the journey of becoming a professional trader and learning to separate your emotions from the trade. Lots of psychology actually involved in the market, in my opinion.

[Have you ever Traded because you were bored?]

What ever you are comfortable with, no set numbers, I just play it as it comes, could be 0-100,000's.

Also depends on your system and style.

[How Do You Know When To Stay Flat?]

nice torero also i watch volumes at critical levels, IE increasing or drying up

[Have you ever Traded because you were bored?]

Yes regrettably.

[How Do You Know When To Stay Flat?]

there are always opportunities. sometimes you have to tighten your stops, reduce your size, tweak your system.

 

in the crash of 87 some of the largest gains were made from people that bought the bottom at 1:30 and sold an hour later.

[Can successful Traders have a conscience?]

just give me the charts, sometimes I dont even no the name of the symbol I'm trading. Just scanning for a setup.

[Different Trading Rules We Live By....]

only risk alotted amount of capital to each trade, myself 1-2%

trade what you see not what you think!

[Best Days To Trade?]

sorry thanks ant

[Best Days To Trade?]

thanks for the answer mrpaul

[What is the Holy Grail to you?]

price and volume

[Markets Topping Out?]

looks like we may be set up for a retracement to the 11,600 area.

[Best Days To Trade?]

since 1953 S&P daily percentages of times market closed higher than previous day (1953- july 2005)

 

monday 47.2%

tuesday 51.2%

wednesday 55.8%

thursday 52.2%

friday 56.6%

 

Also have read recently that most traders are having best results tuesdays and thursdays.

[Entries vs Exits]

i would say the exit is most important for the fact that capital preservation is one of the first trading rules. if you dont protect it you will not be around very long. and with good exits you can be wrong on more than 50% of your trades and still be profitable.

have a good and profitable day....