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Hello Chan, good to see you here. Seems like this is the place to be, now. I see a lot of the names from P* here on various topics. I dropped TC2000. It was just too expensive for me to maintain. I changed my trading style a bit and I'm doing much better than before. I get all the charts I need for free on the net. One site that has real promise is iqc.com Charts and scans for free. Scan feature needs fixing, but charts are okay. The scale is arithmetic, not log. I prefer log. SI charts are log. No indicators, but since all indicators derive from price and volume ANYWAY, I have always suspected that price and volume was all I really needed. I do miss the scan feature of TC2000, though. I'm mostly on the Covered Call subject, which I started a few weeks ago. It's taken off nicely. I'm centering my trading around selling covered calls. It's the same as selling naked puts. Risk/reward is exactly the same for both positions. I like it because it pays off if the the stock goes up, stays flat or even moves down, up to a certain point. One way to look at it is, a stock can only do one of three things, go up, go down, or stay flat, so odds are with you in that respect. Flip side is that upside potential is limited while downside is unlimited. It comes back to stock picking and timing. It ALL comes back to that, no matter which trading style you use. I'm sure I'll be in contact with you and the others. Best, Jack |
