MegaBlog- – this is an amalgamation of posts from popular trading blogs . This section will allow you to track interesting topics and track popular trends in trading., understand what traders live.
CME website has good service, which shows quotes for various futures and even with leveled 2.
Especially those, who trades forex, can compare in real time what is the price of currency futures, to compare with the spot prices of their DC. Link , which I give, shows futures and forward points. So it is desirable, so that your spot from the provider is as close as possible to these prices and quotes move without delays in the right direction.
I'm in no hurry to go to the market.
Looking back at your deals, I see a lot of shit trades. There are also potentially high-quality deals, spoiled by premature exit. I just didn't find high-quality deals. I just didn't find high-quality deals. Well,, there is something to go.
A quality deal is a deal, open by entry signals and closed by target, by exit signal or by stop loss. Here's an example:
Big dot:
There is a tendency to break through the support lines and test them from below.
Trade:
USA session started in a narrow range. After the upward breakout, you can go in the direction of the breakout in order to test the trend line. Potential slightly more 20 points, stop in case of a false breakout and return to a range of about 10 points. Fine.
I will try to conduct such trades in the future..
Trying to learn from strangers…
I wandered to the site azarov-fx.ru (I write this on purpose, so as not to get into the search). There, shorter, professional traders offer to give them money to manage. In an investment environment, there are two strategies to choose from: "Conservative (positional tactics)"And" ultra conservative (scalping)». There is also monitoring there since February 2009. Apparently an ultra conservative strategy. Deals, reports, all sorts of schedules… I'll talk about them now.
Here's a start:
Total return: 340.2% [Net profit as a percentage of gross deposits], Banked return: 340.2% [Banked net profit as a percentage of gross deposits]
From February 2009 +340%, 15% per month, нехуёво? I drove deals into my stat-counting room:
There are many different instruments, therefore the results in paragraphs are incorrect. But…
Conclusions on this snippet:
80% profitable trades should be like fucking.
The style is called, I will quickly fix the profit and sit out the losses.
In the most profitable trade, from opening to closing a position, 7 minutes.
In a trade closed with a loss - almost 8 hours!
A loss-making deal brought three days of work to naught and drove into the minus.
It took three more days, to pull the score to zero.
Bottom line - a week of marking time. This is how it all began. We look, what happened next:
At the very beginning of the graph, I marked the moose discussed above. For the next two months, the graph drew a good parabola like this, and then there was another elk. Even two. Contract.
These two moose killed more than three (six) of the day, and about three weeks of work.
It took over three months, to get back to that level, from which fell.
From 6 about half a month spent marking time.
In my humble opinion, this account (this style trading strategy) no future. This is some kind of masturbation. Despite the result +340%, to me personally, I don't want to go this way.
…how the collective farm chairman perched on it… But this is not about that. Just yesterday, in the comments, we discussed an article about plans for a US / Israeli attack on Iran., and the likelihood of physical destruction by the secret services of the country's leading nuclear scientists, and so, уже на следующий день, one eliminated. Mossad's ears are too obvious behind this terrorist attack, that even I have doubts creeping in.
Here's reading schas “Reality Transurfing” Zelanda.. (I listen more precisely) (Dada… it's finally done.)…. and a lot of inconsistencies of some kind.. N…
it's hilarious :) but – and laughter and sin… I think, так бывает, when you fit in size, but psychologically I'm not used to it yet. By the way, I remember this turquoise tint of a glass in a laser from someone in the screenshots on the stockportal. so the people of this forum 99%.
The start of the year is very good for my US stock systems.. There has been no such increase in the balance per unit of time for a long time.. Even thoughts haunt, why not close all positions, otherwise there can be no such luck forever. How many times has this happened — growing, growing gradually, and then once and halved in one day everything that has grown in a few weeks. And this is at its best, since now I use systems on 90% лонговые. But systems are systems and they must be adhered to.. All in all, in this part of my, so-called, small fund, while things are going well.
The next part is experimental.
Trend-tracking system of futures — today an unexpected loss of OJ(апельсиновый сок). Was in a relatively big plus, but closed with a stop in the red — today OJ walks on 12% то вверх, then down. While positions are open (all in long):
GE +888
QM +1460
JJC +1485 (stock instead of copper, since the copper contract is too expensive)
IT IS +3220
NQ +1612
PA +4452
SB +3917
PL +4887
YI +755
YG -144
AUDUSD +845 (spot instead of contract)
USDCAD +984 (shorts)
USDSGD +140 (shorts)
Trend system “ETF instead of futures” not happy yet, balance fluctuates back and forth around a minor plus.
The system of IBD100 shares has also lagged behind the market lately. Thinking about reducing capital for this system. While we have positions:
AAPL +7%
BGH +6%
BMA -2%
CTSH +5%
FFIV +9%
GES +21%
GMCR +29%
LL -1%
UIS +11%
VIP +16%
VRX +7%
VSEC +15%
WDC +20%
BUT many stocks closed with small stops, so the profit is small. Less broad market :)
Well, I almost forgot about Forex. So far since the beginning of the year +5%. I play haphazardly.
Actually, I'm a big dilettante in option strategies.. But it still doesn't reach me, how can you get from 20% to 30% guaranteed return on a covered call option + Dividends (short call option + long promotions + share dividend).
In general, there is such a multiple world champion in trading (http://www.worldcupadvisor.com) Chuck Hughes. This site shows its profitability — the largest of those present there. Trades stocks + options.
Go to his personal site http://www.chuckhughes.com/
There he describes his strategy, which has already earned several million. Offers to download your tax returns and statements as evidence. His strategy is:
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I have found the cash dividend strategy to be the best approach for current market conditions. The cash dividend strategy generates cash income from the sale of “covered” options. Many investors are not familiar with the concept of selling option premium to generate cash income. When you sell an option, cash is immediately credited to your brokerage account.
Selling options to generate cash dividends is very different than the traditional stock dividend strategy which requires you to own a stock for a year in order to receive a 4% or 5% annual dividend yield. Most stocks don’t even pay a 4% or 5% annual dividend. When you sell options, you can get paid up to a 20% to 30% cash dividend “up front” when the option is sold. You get to keep this cash dividend regardless of the price movement of the underlying stock.
Selling covered options can realistically produce a 20% to 30% or higher cash dividend that is instantly credited to your brokerage account when the option is sold. The key to selling option premium to generate cash income is to make sure the option you sell is “covered”.
There are two ways to implement the cash dividend strategy:
-Purchase stock and sell a call option
-Purchase a call option and sell a call option with a higher strike price to create a spread (put options can also be used)
Limited Risk Strategy
With both methods the short option is “covered” by owning the stock or owning a call option. Because the short option is covered this is a limited risk strategy. Receiving a 20% to 30% cash dividend reduces risk considerably. The cash dividend strategy incurs less risk than owning a stock or owning an option.
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Briefly, as I understood the meaning of this, that a call option is being sold simultaneously with a long share for which dividends are planned. Writes that with this combination, the risk is limited, what I would argue with because if the stock falls heavily, then the risk in my amateur opinion will be unlimited. But he assures that a protective airbag is formed in 20-30% by selling a call option. The pillow is formed, but I can't believe it's so big.
It is necessary to check with an example. Opening TOC, looking for a company that pays dividends in the near future. here you go, today is the last day at ABT (Abbot Laboratories), dividend $0,4 per share. share price 55,29. Looking for January expiration — strike call option 57,5 can be sold at $0. This option is not suitable. We open the February expiration — strike call option 57,5 can be sold at $0,3. That is, it turns out an airbag for the underlying asset of only about 0,5%, but not at all 20-30%. Even if we add the dividend, which is going to get 0.3 + 0.4 = 0.7 — we get a pillow just in 1,2%.
Let's say that we still made these deals and held positions for a month and a half before expiration, and let's say that we were lucky and the share price remained the same as it was. What we have as a result. Let's say you bought 200 shares We have in the asset 80 dollars of dividends and 60 dollars for selling a call. Total 140 Dollars. The dollar position was $11 058. That is, from this transaction they earned only 1,2% in a month and a half. Where are the promised Chuck Hughes 20-30%?
ZY Even if you sell an expensive option with expiration in January 2011 of the year, behind 2,20 and then we get only in the best case 4,5% per annum holding the position for a whole year.
The more I read and see economic information about the US economy, especially ,I get shocked by that effect, which resulted from such a resonance of many negative factors in the states.
The very fact of, that the USA was overleveraged did not play a big role, this is precisely the resonance of all that negative besides overleverage, what caused this `` 10 point earthquake on the Richter scale ''. It is also economic, and socio-political reasons, who sent such a " super heavyweight & quot;.
And despite the fact that, that I am cautiously optimistic about the situation in the states, I am still afraid of the situation with unemployment and retail sales. Although the situation in the real estate market has stabilized, but that doesn't mean, that there will be a sharp demand. Where does it come from if people lose their jobs and employers are in no hurry to hire. Not to mention commercial real estate, which just collapsed. As long as I remember, then landlords had never lowered the cost of renting apartments before, and now it even came to this and there are still unfilled apartments.
What is happening now in the USA!?
It reminds me of the situation with refueling an airplane in the air.. Fed is pumping liquidity, it requires filigree work, like a tanker in the air, practically no money flows into the real sector, maybe it's a `` fuel tank with a hole ''!! So you can peck with your nose.
What if you don't refuel on time!?? What if the fuel is wrong?
Of course the market behaves like a player, which gives a good face for a bad game, that is, going up, as if everything is fine there.
P.S This is me all to that, that I can revise my optimistic stanza on the situation in the USA and on the dollar, if I don't see real shifts and steps in directions, who will really improve the situation for those living in the United States.
Having lived so much in the states, I see the depth of change not just in the economic , but also on the mental level of people, what can change their thinking patterns.
Results of the day +4,20%, Not bad, I think. Market, certainly, did more, but my longs were open only for a part of the deposit. Now I decided to shorten the chips a little., but this is a scalp shorts, positioning is out of the question. The broker took my tax off for the last year today, therefore, a smaller amount will go to the competition's piggy bank (did not bother and deduct tax only from the profit of ALCHI, as it is, so it will be).
The great Megakukle returned from vacation and gave everyone what they deserved. Flexible – presents, cheeky shorts, as I warned – on mats. Nothing personal, только бизнес ;)