Posted by averageguy on 29th of Mar 2009 at 11:20 pm
brelar, thanks for the input .....just like 00paul says you can
not trust SDesk . at times i run SD & TS on the same PC at the
same time . sometimes i get 1 or any # of froozen charts on
SDesk while Tradestation keeps running . The folks at
Tradestation ( Mario , Emil , & John ) have answered
every Question correctly the first time . In my experience
Ameritrade is a complete waste of effort compared to Tradestation .
Am hoping this is helpfull to all .
Posted by averageguy on 29th of Mar 2009 at 09:39 am
friday I was long & short SRS at the same time on SDesk ...
Ameritrade told me problems could accure running more then one
program per symbol .The reason i tried is UYG & URE did`nt
backtest as well as SKF & SRS . Also when just running a short
program it will show activation but will NOT fill . Tradestation
seems better .
Posted by averageguy on 28th of Mar 2009 at 11:56 am
someone asked about TIP`s..I keep my margin account in yhe ETF
-TIP,. You can also buy them online from the gov. . Here`s
something from Warren Brussee`s blog..
The S&P 500 has dropped 53%
since its high in October, 2007 and has dropped almost 20% this
year.
The Price/Dividend (P/D) ratio of the S&P
500, as of February 26, is 32.4.
Those of you who have been watching this number
have probably noticed that it has not dropped as fast as stock
prices.
This is because companies have been reducing
their dividends.
For example, early in February, Dow Chemical
reduced its dividend for the first time in 97 years, and on Friday,
GE lowered its dividend by 68%, its first dividend cut since the
Great Depression.
Here is the formula I tested in
my book as a possible way to use the P/D ratio as a way of timing
the market.
Buy stocks whenever the S&P 500 P/D ratio is
at or below 17.2.
This applies to both new money and money
previously invested in TIPS.
When the P/D ratio goes above 17.2, stop buying
stocks and buy TIPS, but hold onto the stocks you have purchased.
If the P/D goes above 28, sell all stocks and
buy TIPS.
For those wanting more detail on this, I am
afraid that you will have to splurge and buy my book.
It is impossible for me to cover all the data
and rationale for this formula in a blog update.
Here is where I get my P/D
ratios.
http://www.indexarb.com/dividendYieldSortedsp.html. Go to the bottom of the table
and read the value opposite “Average Dividend Yield (%) of All
S&P 500 Stocks.” Take the inverse of this number X 100 to get
the price/dividend.
Posted by averageguy on 24th of Mar 2009 at 09:09 am
Tradestation is faster and far more sophiticated then
TDAmeritrade`s SDesk . TS has "simulated" platform to learn and
experiment on . TDA will help you get programed as will others on
the blog . I`m still learning TS .
Posted by averageguy on 23rd of Mar 2009 at 10:54 pm
Panaspor , sorry for your paper loss . I`ve been at BPT almost
7mths. It took me 2 tuff mths. to realize it`s not that simple to
change your trading style . After some troubled trades I realized
that I had to go back to PAPER TRADING until I was very profitable
on paper with my new style .I`m a bonehead so it took me about 3
mths only cash trading the most obvious trades that jumped out me
before I went full time trading . Because of my patient I have hit
my goals for 5 weeks! Today was a confusing day because I WAS
OVERCONFIDENT and doing some things in live trading that I
did`nt " simulate " first . I find improving is a
reward in itself , so without misstakes I would`nt improve .
Wellcome to the blog and best of luck to you . Ed
Posted by averageguy on 23rd of Mar 2009 at 04:09 pm
thought if we got to 825 it was an ideal time to go short . I am
either ready to go to sleep or just waking up when I listen to the
update . Must have something wrong .....I still want to short here
.
The community is delayed by three days for non registered users.
Hot setup
Trade Bullet
Posted by averageguy on 30th of Mar 2009 at 11:58 am
TS to IB using TB...
brelar, thanks for the input
QCOM just raised estimates
Posted by averageguy on 29th of Mar 2009 at 11:20 pm
brelar, thanks for the input .....just like 00paul says you can not trust SDesk . at times i run SD & TS on the same PC at the same time . sometimes i get 1 or any # of froozen charts on SDesk while Tradestation keeps running . The folks at Tradestation ( Mario , Emil , & John ) have answered every Question correctly the first time . In my experience Ameritrade is a complete waste of effort compared to Tradestation . Am hoping this is helpfull to all .
SDS on Watchlist
Posted by averageguy on 29th of Mar 2009 at 08:06 pm
interesting
friday I was long &
QCOM just raised estimates
Posted by averageguy on 29th of Mar 2009 at 09:39 am
friday I was long & short SRS at the same time on SDesk ... Ameritrade told me problems could accure running more then one program per symbol .The reason i tried is UYG & URE did`nt backtest as well as SKF & SRS . Also when just running a short program it will show activation but will NOT fill . Tradestation seems better .
TDAmeritrade
QCOM just raised estimates
Posted by averageguy on 28th of Mar 2009 at 12:09 pm
FWIW.... SDesk waste of time go to Tradestation
TIP`s
Posted by averageguy on 28th of Mar 2009 at 11:56 am
someone asked about TIP`s..I keep my margin account in yhe ETF -TIP,. You can also buy them online from the gov. . Here`s something from Warren Brussee`s blog..
The S&P 500 has dropped 53% since its high in October, 2007 and has dropped almost 20% this year. The Price/Dividend (P/D) ratio of the S&P 500, as of February 26, is 32.4. Those of you who have been watching this number have probably noticed that it has not dropped as fast as stock prices. This is because companies have been reducing their dividends. For example, early in February, Dow Chemical reduced its dividend for the first time in 97 years, and on Friday, GE lowered its dividend by 68%, its first dividend cut since the Great Depression.
Here is the formula I tested in my book as a possible way to use the P/D ratio as a way of timing the market. Buy stocks whenever the S&P 500 P/D ratio is at or below 17.2. This applies to both new money and money previously invested in TIPS. When the P/D ratio goes above 17.2, stop buying stocks and buy TIPS, but hold onto the stocks you have purchased. If the P/D goes above 28, sell all stocks and buy TIPS. For those wanting more detail on this, I am afraid that you will have to splurge and buy my book. It is impossible for me to cover all the data and rationale for this formula in a blog update.
Here is where I get my P/D ratios. http://www.indexarb.com/dividendYieldSortedsp.html . Go to the bottom of the table and read the value opposite “Average Dividend Yield (%) of All S&P 500 Stocks.” Take the inverse of this number X 100 to get the price/dividend.
Thanks
Great Newbe Chart
Posted by averageguy on 25th of Mar 2009 at 11:57 am
it was still an excellent update
Great Newbe Chart
Posted by averageguy on 25th of Mar 2009 at 11:06 am
$SPX.X 5 minute with 7 & 21 EMA`s plus 50 MA from Steve`s excellent post last nite . thanks Ed
2 FREE weeks .....
SPX 5 min chart.png Maybe? that's a 5 min chart so ...
Posted by averageguy on 24th of Mar 2009 at 09:36 am
2 FREE weeks .....
Tradestation is faster and far
What is everyone using for the mechanical systms. I set ...
Posted by averageguy on 24th of Mar 2009 at 09:09 am
Tradestation is faster and far more sophiticated then TDAmeritrade`s SDesk . TS has "simulated" platform to learn and experiment on . TDA will help you get programed as will others on the blog . I`m still learning TS .
Panaspor , sorry for your
SPX 5 min chart.png Maybe? that's a 5 min chart so ...
Posted by averageguy on 23rd of Mar 2009 at 10:54 pm
Panaspor , sorry for your paper loss . I`ve been at BPT almost 7mths. It took me 2 tuff mths. to realize it`s not that simple to change your trading style . After some troubled trades I realized that I had to go back to PAPER TRADING until I was very profitable on paper with my new style .I`m a bonehead so it took me about 3 mths only cash trading the most obvious trades that jumped out me before I went full time trading . Because of my patient I have hit my goals for 5 weeks! Today was a confusing day because I WAS OVERCONFIDENT and doing some things in live trading that I did`nt " simulate " first . I find improving is a reward in itself , so without misstakes I would`nt improve . Wellcome to the blog and best of luck to you . Ed
thought if we got to
SPX 5 min chart.png Maybe? that's a 5 min chart so ...
Posted by averageguy on 23rd of Mar 2009 at 04:09 pm
thought if we got to 825 it was an ideal time to go short . I am either ready to go to sleep or just waking up when I listen to the update . Must have something wrong .....I still want to short here .
what trigger or triggers are
SPX 5 min chart.png Maybe? that's a 5 min chart so ...
Posted by averageguy on 23rd of Mar 2009 at 03:59 pm
what trigger or triggers are we watching for ? thanks
Still confused
SPX 5 min chart.png Maybe? that's a 5 min chart so ...
Posted by averageguy on 23rd of Mar 2009 at 03:53 pm
go short with faz, srs, at 825....what would the triggers be ? thanks
then S&P 825 would not
SPX 5 min chart.png Maybe? that's a 5 min chart so ...
Posted by averageguy on 23rd of Mar 2009 at 03:45 pm
then S&P 825 would not be a trigger unless selling came in ?
Confused
SPX 5 min chart.png Maybe? that's a 5 min chart so ...
Posted by averageguy on 23rd of Mar 2009 at 03:25 pm
are you saying do not go short here ?
dang 802
Posted by averageguy on 23rd of Mar 2009 at 11:55 am
dang 802
thanks
SPX and Dow seem to be rebounding very nicely. ...
Posted by averageguy on 23rd of Mar 2009 at 10:15 am
thanks
Agree , wait . Big
Lower hi
Posted by averageguy on 23rd of Mar 2009 at 10:04 am
Agree , wait . Big push for the bulls from the goverment
Lower hi
Posted by averageguy on 23rd of Mar 2009 at 09:50 am
still can`t get a feel for the market . any hints ?