| llb101 |
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Gold User, Member, TeleChart
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| Registered User |
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| Unsure |
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| Monday, October 23, 2006 |
| Saturday, January 27, 2007 2:40:17 PM |
9
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"videos on the BackScanner Website."
ah, that was the missing detail, somehow I thought there had to be one but I couldn't find a link to it on snapsheets or worden sites.
Thanks!
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1) my notes from the seminar this weekend say something about being about to export to xls format. I can't find a way to copy or export the BackScan Performance screen results. I want to track my test results of course.
2) I don't see a discussion forum for BackScan, where are most of the threads for BackScan?
Thanks!
LLB
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thank HNC, good starter site it looks like.
from the article about the liquity myth... "It should also be noted that market makers and specialists can create and redeem shares to arbitrage premiums or discounts to the underlying net asset value (NAV). This activity is beneficial to ETF investors because it keeps the price of the fund in line with the NAV and prevents specialists from making unfair markets. Think of it as a mechanism that ensures retail investors like us will get a fair price as the APs step all over each other trying to make a buck. Pretty neat, huh?"
wow, some things have changed over the years!
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ok guys,
I said
" I googled and found many types"
and then I'm told in the next post
"just google".
I was asking for clarification on what I'd found already.
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Thanks all for your replies.
There are "facts" in stock trading. 33% of $3 is $1, 5% of $30 is $1.50 with the commensurate ROI depending on your volume. All facts. Which one is BETTER, is NOT a fact. I like to take the facts and try out in different ideas and see what fits works for me. That's where I'm asking that we stick with the facts, discuss ideas, and keep the personalities out of it.
No offense intended to local personality Rock Star Diceman I hope  who seems universally respected around here. I still want to hear the ideas, regardless of personality.
Reviewing my post, I don't see where I said I "have made the decision that low priced stocks are the way (I want) to invest" I said my previous experience was with the $20-80 range, in a different market, and my current funding situation was closer to bcraig's in that I have a smaller amount of $ that I want to risk in trading. That doesn't mean low price necessarily, it can also mean fewer higher priced ones with different criteria for success and slower growth. That's the discussion I was hoping y'all would weigh in on with different strategies to consider. I still welcome that discussion if you are inclined.
"ETF"'s - anybody have a great link to learn more on those? They are new, I think, since I actively traded. I googled and found many types, it sounds like you are talking about the single sector ETF's?
Thanks all,
LLB
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Apsll and HaveNoCents and bcraig73450,
I appreciate the discussion of ideas, especially if you can keep it on the facts and off the personal. My situation is closer to bcraig73450's in that I have a limited amount of $ that is truly discretionary right now.
I'm not a complete newbie, I traded very successfullly 15+ yrs ago using Telechart and others, but the trading world has changed a lot since then, and my successful strategies then probably need modification for todays market and my lesser starting $. I had a lot more funds to trade with then, that gotten taken by traveling and then a severe health crisis. Its taken many years to get back on my feet and have truly discretionary $ again.
I had a stable of $20-$80 stocks I traded regularly (daily to weekly), strategies I would test and backtest as well as could be done back then and I did quite well. When I had it working quite well, I did lose interest. I thought I had enough $ socked away for quite a few years and adding to it had lost its appeal. The game and figuring it out appealed to me more than just churning out the $, that I learned about myself. So I would make as much as I needed to live for the month beginning from the 1st, and then go play the rest of the month. Then I was out of the country a lot for awhile and then lost much of my nest egg to health crisis and its aftermath.
In hindsight, maybe I should have spent the rest of the month after I made my budget, to explore new ideas, but I was burned out I guess and thought I had enough to last a long time. For awhile now, I've been wanting to get back into it, so here I am, in a different market with a small trading fund this time and much more complex tools.
Keep up the great discussions! Just keep it on the stocks and strategies if possible. I don't care "who" says or teaches any idea. I care about how clearly the idea is explained and the rationale and supporting facts. So-and-so says is not a supporting fact to me. Yes, they have experience and successful track record perhaps, but the idea holds up to scrutiny independent of its fans or not. So please explain it in content and context only, not what "rock star" promotes it.
The examples given earlier in this thread with actual dollar and trade volume and results are a great starting point to a discussion of strategy. We can all agree on those facts and still arrive at different conclusions and adopt the one that works for us in our individual circumstances. It like we can agree we need 2000 calories per day but some of us prefer 3 hearty meals and some of us graze and we do what works for us. But within that variation, we can still factually debate the best combination of foods to give us our required nutrients.
Given that my trading funds this time around are closer to bcraig73450's, and the new tools border on info overload, I'm wondering how you all would tailor your thoughts to starting there this time around.
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