|
Woody,
I do feel as though I'm living to trade, not
trading to live, however; I'm still learning and that naturally takes more
time.
You seem to have found the secret.
Congratulations!
Regards,
Cris
----- Original Message -----
Sent: Saturday, September 27, 2003 10:17
AM
Subject: Re: [sharechat] FA/TA
Phaedrus
How can you do thorough TA on many markets? I trade 1
Market only the SPI,
my partners trade the Forex USD/JPY,
Options on
Gold-Silver-Soybeans. Each trades and specialises in 1 Market. We
all
benefit however.
But TA on many markets, how do you do it? Do trade for a
living or live for
trading?
Woody
----- Original Message
-----
From: "Phaedrus" <Phaedrus@techemail.com>
To:
<Sharechat@sharechat.co.nz>
Sent:
Saturday, September 27, 2003 9:28 AM
Subject: [sharechat]
FA/TA
> T100,
> It sounds to
me as though you have quite a "tight" system with few
stocks making it past
the initial screen, leaving you with a shortage of
trading candidates. You
obviously know the answer though :- "Following my
approach means that I
need a far bigger universe of stocks." Right, and
you know
where they are.
> I suggest you open an account with Ameritrade -
they give excellent
service and have the best online facilities I have
found anywhere. It's
easy - all info is online at www.ameritrade.com. They charge
$10.99/trade
(market or limit) and have a $2000 minimum initial deposit.
What you get and
what you are charged depends a lot on your account size.
For example, if
your acoount drops under $2000, they charge you
$15/quarter. If your account
is over $100,000 you get free live Level II
quotes, streaming charts, etc.
> Currently, the US market closes
at 8am NZ time. In the summer it closes
at 10am NZ time. It is therefore
easy to monitor the last hour or three
without turning your life upside
down. In any case, the market takes an hour
or two to settle, and this
period is best avoided, in my experience.
> All other things being
equal, the higher the volume traded, the better TA
works. Your system
should work better in Aus than NZ, and better in the US
than
Aus.
> I think you are ready to play with the big boys. Take care
though, they
can be
rough.
>
>
Phaedrus.
>
>
>
_____________________________________________________________
> Are you
a Techie? Get Your Free Tech Email Address Now! Visit
http://www.TechEmail.com
>
>
--------------------------------------------------------------------------
--
>
To remove yourself from this list, please use the form at
> http://www.sharechat.co.nz/chat/forum/
>
>
----------------------------------------------------------------------------
To
remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/
|
See IRG research reports
