Recent content by gist

darrenf, your post above is one of the best I have read on T2W. gist

And the next Greenspan Gem: "The economic recovery may falter if tax cuts expire" Most enlightening, Alan.

the art of good trading is knowing when to sell

Ok, look at it this way: Borrow 20k Arcade Costs 2k per month (plus fees per trade, etc) Living Costs 1.5k per month Per month 3.5K If you make break even gross basis per month, while you are "learning", then your 20K will last less than 6 months. And as your money starts running out, then...

darktone, look on your profit/ loss in terms of points. Takes away the emotions of making/ losing £x. Also, can then multiply the points by different size trades to project risk/ reward ratio's and extrapolate weekly/ monthly/ quarterly and annualised numbers. Particularly useful when testing...

no probs, anytime

Actually, the NYSE does have an auction: perhaps not in the traditional European sense though. It has an opening auction which works exactly the same as most European Stock market Auctions: limit and market orders allowed. The uncrossing can take a long while. The closing auction is an order...