Recent content by GCC

  1. GCC

    The formula of relative strength wanted.

    OK, I have finally figured it out: Relative Strength is obtained by dividing the stocks price with a benchmark index (e.g. S&P 500) over the last 4 quarters, with 40% weight for the most recent quarter and 20% for each of the remaining quarters.
  2. GCC

    The formula of relative strength wanted.

    No, I am afraid it is not what I am looking for. Relative Strength is NOT the same as RSI. RSI is a simple indicator developed by Wilder. On the other hand, relative strength is the indicator used by William O'Neil in his famous newspaper Investor's Business Daily. More info here...
  3. GCC

    The formula of relative strength wanted.

    Relative strength is an indicator developed by Murphy and popularised by O'Neil. It compares a stock's strength to the general market, and the reading ranges from 1 to 99. The higher means the stock is stronger. I want to ask: anyone knows its formula?
  4. GCC

    Reflexivity and Trend Following

    An interesting article on the connection between Soro's reflexivity and trend following: http://www.marketoracle.co.uk/Article25941.html George Soros is unarguably the greatest fund manager ever lived who, upon the request to disclose his secret, attributed his success to a market behavior...
  5. GCC

    IMC Insiders, Please Come In

    Hi there, I am currently considering an offer in IMC Hong Kong. I have three questions about this company. Is this primarily a market making firm? (At least, for graduate traders.) Who are the main rivals, except Tibra, that they have in the Pacific Areas? Is there anyone of you who are...
  6. GCC

    W.D. Gann System Does Work

    I certainly agree that in good trading there are more than just good money management and cutting losses. However, I think the point here is that the entry is the least important part of the whole system. Using your own terms, it is that your edge can easily be transferred away from the entry...
  7. GCC

    graduate career advice - dilemma - please help

    My feeling is that 6 months is too short to give oneself to prove anything. Three years, with real money risked, is the minimum, in my opinion, because you have experience all sorts of markets as well as emotional highs and lows before becoming a full time trader. I still think it is a good...
  8. GCC

    graduate career advice - dilemma - please help

    It is a good thing to pursue your dream as early as possible. However, I do think that in your early days after uni you better diversify your life in the society. Working experience in your early life will give you a good idea of what you really want and who you really want to be. Moreover, it...
  9. GCC

    Any correlation between the number of posts a trader makes and his profitability?

    Perhaps it is: More threads started = more questions?
  10. GCC

    Prop. Trading in Hong Kong

    Possibly by getting a job somehow and make profit in a real account. Also, are you living in Hong Kong now? Your flag is Australia, maybe Melbourne is the better place?
  11. GCC

    Forex News Sites?

    Currency Forex Trading, Interbank Forex Broker, Low Spreads Watch their Dukascopy TV videos.
  12. GCC

    A thread devoted to SCALPING

    Scalping profitable? http://www.trade2win.com/boards/general-trading-chat/68552-scalping-profitable.html
  13. GCC

    The Art of Getting Out Temporarily

    Thats true. I always think that trading is a demanding sport, taking rest is really important. I always limit myself to trade only 3 days a week. For the rest of the time I enjoy myself.
  14. GCC

    How did London become the financial capital

    And how about the new sins in the 21st centuries like banning hedging and stop orders in forex trading?
  15. GCC

    The Art of Getting Out Temporarily

    This is a topic I really want to discuss with trader having ups and downs throughout their career. Have you ever take time out of trading? Which was the longest period you have ever taken? I remember I read John Carter's Mastering the Trade, he said that he had a certain annual goal of trading...
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