Recent content by Goldmansucks

Interesting discussion guys. You have certainly evaporated my ideas about using covered calls for income. I am completely uncertain now about my approach. Can i just clarify a few things from your posts please ? So it is possible to buy stocks cheaper by using some of these option methods ...

The difference between the two is the fact that you are guiding them as a coach. With your ongoing instruction you are slowly creating an imprint into the subconscious for them to follow. The whole process then becomes intuitive . The problem with trading is that the bad habits are the only...

Maybe that is the problem, we actually do NOT think. We just live by habit. If we actually applied some thought to some of the things that we habitually do, I am sure we would not do most of them in thesame way,if at all.

Thanks for your reply. I will certainly take a more detailed look now before I make the jump. I have the optionetics course at home but it just seems lot to take in without any chance of applying it practically.

I hope not.....haven't started enjoying my money from trading yet.:cheesy:

My point also. Everything works providing you know and use it within its limitations.

I would disagree with it being unnatural I would say it is habit . Yes this is true in the learning days. It is more to do with habit and how YOU have adapted to the learning curve. I am not sure if the market changes as much as how little we actually change. Yes the trading plan is important...

I thought the Arabs were Americans. :lol:

Thanks for post. I assume you traded that based on the tape, I cannot read the tape, but looking at the chart and candlesticks, I would say thats a readable trade one could take. So in effect your method worked, but so would a candlestick approach, it just depends on the kind of trade, and...

Yes an excellent posting. That would raise another question. Why do traders find it difficult to stick to a trading plan ?

Reduce your position size and trade a few more instruments. That will let you compare more than one result a lot sooner.

Thanks Tomorton I would put that under number 1. a.)If my inputs were responsable I would have to analyse that. b.)Discretion is dangerous whilst trading if not defined, so your weightings should always be the same. If these produce undesired results, change the significance you place on them...

Could you give an example of one of your trades or a time just for analysing purposes ? I am sure I will prove you are right and also that the other side is right :-)

Yes a very valid point. Just a question based upon the above. What kind of trade do you think that would be ? A quick scalp or a slightly bigger move? What time frame are you applying that to? I ask these question because they would be relevant to the way one trades. This action will either...

I think a lot of people read too much in to TA. If you know what you are looking for then it works . People go on about the changing conditions of the market effecting your strategy.........how can this be the case if you analyse the MARKET correctly and not just the indicator. Yes you can...