Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Kevin who wrote (28316)	11/13/1997 10:58:00 AM
From: David Weis	Read Replies (1) \| Respond to of 58727

Kevin --- Testing your points/system. I've got to get some work done, but I just wanted to say that I've got a serious interest here in Louisville from a couple other guys who know about Neural Nets. I'd love to use your points and test our system to see if we can reach the same conclusion. So, when you "printout" your points, if you could "print" them to a file, I'd LOVE to have your input. Is that possible? BTW, I learned a LONG time ago to talk about the little things in life. Then any surpises that occur are BIG surprises. You get my drift, I'm sure. Take care, I've got to get busy. David

To: Kevin who wrote (28316)	11/13/1997 10:58:00 AM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 58727

The twins are helping clean the stove ( have to make the house spic and span right now) as I am waiting for Greenie to speak....but they keep getting in the way...perhaps I should put out an ad on TSO for a sitter that will play with them and keep them entertained. Zahara needs a sitter as well..wonder if I can take care of three for the price of one. btw, Dont you know Davids theme song is "3 inch tool"

To: Kevin who wrote (28316)	11/13/1997 11:08:00 AM
From: Nemer	Read Replies (2) \| Respond to of 58727

Kev: ------>1) is it a good idea to hold overnight? I'm undecided at this point. over several years of OEX trading and keeping exact records of transactions----my bottom line is best when postions are NOT carried home. -------2) should I use the EXACT same amount of cash on each position when using the system. Example: Use $10,000 per position. over the same several years and recording---my bottom line is best at using the APPX (+ or - ten %) same postion. I try to buy in roughly the same dollar amount, but won't buy 12 or 13 contracts, for example, but I'll go up or down to the appx amount buying 5 - 10 -15 contracts. Lawyer just called-----I've been waiting--- Regards----hide some proceeds from wife BUT not IRS Nemer

To: Kevin who wrote (28316)	11/13/1997 11:34:00 AM
From: Tom Trader	Read Replies (2) \| Respond to of 58727

Hi Kevin--just saw Nemer'post as I was getting ready to respond to your post So this should confuse you further:) >>1) is it a good idea to hold overnight? Yes--position trading has made me more money than day trading -- any day(pun intended)--and it takes a fraction of the effort The only caveat is that if you are a good day trader and you have the time and inclination to keep it up, you could do well at it. 2) should I use the EXACT same amount of cash on each position when using the system. I don't know about day-trading but when it comes to position trading, I have found through extensive testing that the best thing to do is to maintain the same size position on EVERY position. What you may want to consider is doing both for a while--in other words position trade based on certain signals and day trade based on others. If you decide to do so, you should maintain separate accounts--one for day trading and the other for position trading. I have also found that from a money management stand-point the size of ones position should be co-related automatically to the available capital. In other words as your equity goes up or down based on your trading success, one should increase/decrease the size of the position. I posted this to Bart some time back in greater detail. Final point--I think that you are commencing to see the merits of a good mechanical system. The toughest part is to be able to follow every signal and not second guess them. I now do it blindly -- but it took me years to get there. Regards