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Just curious if and how

Bitcoin and BITI

Posted by fluffycone on 30th of Apr 2024 at 10:31 am

Just curious if and how you guys trade actual Bitcoin. Are you trading the ETFs or Bitcoin on Coinbase / Kraken?

Thank you, I will study this.

I am using a Free Paper Trading Account to better understand and practice these concepts demonstrated on BreakpointTrades.  I think schools use this website to teach student about the stock market and trading. So when I blow up my account, it is just a fake account. No real money is being used.

I know better than to go to Vegas and Play Poker against poker professionals with real money. I will lose every time.

Investopedia Simulator (Paper Trading Account)

https://www.investopedia.com/simulator/


1. What are examples of "Objectives"? 

2. What are examples of "Risk Tolerance"?

When I hear these questions, I feel like a deer staring into the headlights.

You are correct that you guys have been providing many hours of tidbits (nuggets), but I  seem to never be able to glue the tidbits together into a working solution. I did post a process earlier to see if I understood how to leverage the KISS STS tables correctly.

BTW, I am using Investopedia Simulator and I can say that I have blown up that account a few times. LOL!!

Steve,

To me, your statements sound like gibberish from an annoyed professor.

I believe many us here want to learn by hearing the guidance of a Subject Matter Expert (SME) / mentor on a problem we are working on.

For example, in math, a mentor with a heart of teacher will show and tell their students how to solve a problem (maybe many times over). As the student practices other similar math problems and gets stuck, the mentor/teacher may have to tell the student the next step(s). Eventually after much practice, the student can solve similar problems on their on.

Is there a character limit

Posted by fluffycone on 23rd of Apr 2024 at 10:41 am

Is there a character limit on these thread posts?  I tried to post the message in the attached image to no avail.

Thank you to all the feedback.

Steve: I would consider my style to not be a daytrader.  Since I work full time, I would like to assess the charts, place a trade, adjust stops accordingly, and then let it run for a few days/weeks.  Plus I am limited by the rules imposed by Scottrade for PDT.  There might be other brokers available, but I have not assess them yet and that is a whole other discussion.  

From Scottrade:

3 Roundtrips until PDT Threshold, Scottrade does not promote day trading.

Day Trading Overview

When you continuously buy and sell investments within a very short time, perhaps a few minutes or hours, and rarely hold them overnight, you're considered a day trader.

Counting Day Trades

The Financial Industry Regulatory Authority (FINRA) has implemented strict requirements for accounts that actively day trade. To identify these accounts, FINRA has defined a Pattern Day Trader as someone who completes four or more day trades in a rolling five business days.

Day Trading FAQs

What is the definition of a "Pattern Day Trader"? What is a Day Trade? Will Pattern Day Traders be required to have a margin account?

Troy

SH - Educational constructive criticism. . .

Posted by fluffycone on 4th of Apr 2016 at 02:51 pm

I am looking for constructive criticism.  I hope this is the correct forum for this.  If not, please let me know.

I had planned to take a long on SH on 2016 Apr 01, but SH gapped at the open to 20.575 but filled the gap during the day and hit a low of 20.260.  SH closed at 20.305 (2016 Apr 01). 

As I saw the gap filling and then bounced up, I put in a order to buy 100 SH and the order was filled around 12:00 or so @ 20.403.  I believe a rule would have been to put a stop at the low of 2016 Mar 30 of 20.29.  But I did not put in a stop order.  I wanted to give it a little more room to around 20.21.

Today (Monday, 04 Apr 2016 at 2:40 PM), SH has dropped to 20.27 and then progressed to around 20.38.

Breakeven for SH would be 20.403 with Stop at 20.21.

The 20.403 does not include transaction fees of $7.00 in and $7.00 out ($14.00 total).  Broker is Scottrade.

Thank you taking the time to offer educational constructive criticism.

Sincerely,

Great Example

Very detailed education video on trading ES

Posted by fluffycone on 1st of Apr 2016 at 08:01 pm

Watching the video while you replay the market is a great educational tool.  To test my skills as a student, I would like to play a candle, then evaluate the chart, play another candle, evaluate the chart, etc. without seeing/knowing what is going to happen. Thank you Matt for sharing.  Sincerely,

Copper Quote: How much (Unit of Weight)?

Posted by fluffycone on 30th of Oct 2014 at 02:29 pm

Just curious. . .

Finviz.com shows a quote for copper at $3.080.  Is that per ounce, pound, 10 pounds, 1 kilogram, other?

http://www.finviz.com/futures.ashx

Duration of Trade Ideas?

Posted by fluffycone on 25th of Sep 2014 at 07:56 am

When you provide a trade idea like SDS on 2014 Sept 22, is that for a typical one day trade, two day trade, 1 week trade, when price hits a target, OR some other metric?

Thanks,

Title: Nevermind, I just figured

SOXS Views

Posted by fluffycone on 24th of Sep 2014 at 02:13 pm
Title: Nevermind, I just figured it out....

Title: What do these number

SOXS Views

Posted by fluffycone on 24th of Sep 2014 at 02:10 pm
Title: What do these number mean?

Mortgage Rate Trend?

Posted by fluffycone on 28th of Mar 2014 at 04:46 pm

Are there any studies on the trend of Mortgage Rates or comparable product?

Is the Trend UP, DOWN, or steady?

 Thanks,

I need some help/guidance. I am not a

Posted by fluffycone on 20th of Feb 2014 at 05:33 pm

I need some help/guidance.

I am not a big traders and I do not have a brokerage account of any kind.  I just want to improve the returns in my retirement plan.

 

I have a retirement plan called the "Thrift Savings Plan" OR TSP for short.

 

The TSP provides 5 basic individual funds that I can invest in (G Fund, F Fund, C Fund, S Fund, and I Fund. I have attached a "Fund Comparison Matrix" that describes/compares the different funds.

 
The G-Fund is the closes thing to a Cash Account.  The Objective of the G-Fund is "Interest Income without risk of loss of principal. Right now I'm 100% in the G-Fund.
 
Here are the other funds and their objects:
F-Fund: To match the performance of the Barclays Capital US Aggregate Bond Index.
C-Fund: To match the performance of the Standard & Poor's 500 (S&P 500) Index.
S-Fund: To match the performance of the Dow Jones US Completion TSM Index.
I-Fund: To match the performance of the Morgan Stanley Capital International EAFE (Europe, Australasia, Far East) Index.
 
------ Quotes from TSP website:
Interfund Transfer Limits (aka Trading Limits):
You can make an IFT (Interfund Transfer) at any time, but there are some important limitations:
  • The first two IFTs of any calendar month may redistribute money in your account among any or all of the TSP funds, including moving your entire balance into the Government Securities Investment (G) Fund.
  • Subsequent IFTs in the same calendar month can only move money into the Government Securities Investment (G) Fund.
If you have both a civilian and a uniformed services account, these rules apply to each account separately.
 
Your IFT counts in the calendar month we process it, not in the month you submit it.
------
 
I'm trying to match which BPT indicator I should use with which fund. I'm not really interested in trading everyday within my TSP retirement account. With caution, I would like to trade the account to maximize the returns possible.  Get in while the market is going up, and get out when the market is going down.
 
It appears that the BPT "Key Long Term/Intermediate Term Indicators/Systems" should meet my requirements, but how do I interpret this information. Should I follow just the "401K Long Term System" indicator alone, OR should I follow all the indicators together as a group?
 
Additionally, I recall you mentioning another system that might provide better returns for me in my TSP retirement account called the "SPY Pro System" and trades about 1 trade per month.
 
When trading in and out of the longer trending systems, how much should I invest? 100%, 90%. . . 10%?
 
Thank you for your time and effort.
 
Sincerely,

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