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Strategies & Market Trends : Candlestick Charting--The unknown indicator -- Ignore unavailable to you. Want to Upgrade?

To: The Perfect Hedge who wrote (835)	11/30/1997 1:41:00 PM
From: PuddleGlum	Read Replies (1) \| Respond to of 1589

Glen- >>I thought I would be cut off from real time access to the market.<< That's what I thought, too, as I've been thinking about moving to Europe. But market access is secondary to me. I don't have enough to retire on, so I'd need a job to keep me over there for awhile. Steve suggested that I read the book "Live and Work in France" which, I learned this morning, won't be published until early next year. Steve

To: The Perfect Hedge who wrote (835)	12/1/1997 10:49:00 AM
From: Paul M. Rengier	Respond to of 1589

Glen, getting access to internet and discount brokers or (american) brokerage accounts is very easy here in Germany. So I feel no disadvantages against someone who lives (and trades) in U.S. The only thing mentionable is, we have pager services only for german stocks now. But that may change. If you want some more details, e-mail me. I'm off for 14 days now, so the answer may take time. Best regards Paul

To: The Perfect Hedge who wrote (835)	12/6/1997 8:59:00 AM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 1589

Glen; RE:" Trading from Overseas..." I plug in to the 'Net and do everything from Paris that I used to do in San Francisco, Glen. There is no difference whatsoever, real-time quotes are the same, etc. There are tariffs on local telephone calls to your ISP, which add up when you are connected for hours - else, the costs are about the same, too. Market opens at 15:00 CET (Central European Time) which is 09:00 in New York. The U.K. is one hour earlier than the Continent. Most American ex-patriots living over here use "call-back" services to call long-distance to the States (800 numbers in the States are not "free") to reduce the costs, Glen. So, voice communications / TeleFAX with brokers work just fine, too. Could you explain your trading process ? ...has changed this year, Glen. I now buy LEAPS to fill up my long-term, or "core" porfolio, rather than equities themselves. All of these are "long" positions. I tend towards large-cap TechStocks and, although I almost always have a position, I adjust the sizes of each position within the portfolio relative to their performance. I "trade" with about 20% of my capital, and do not use margin reserves for leverage (although certain trades are "on margin" by requirement, even though they are backed by cash). I use E*TRADE, DATEK and LOMBARD on-line brokerages. I "trade" long and short. I consider F/A and use T/A for timing. My T/A is simple trends and horizontal supports, along with readings of weekly/daily/intra-day candlesticks. Recently I have begun to focus upon OEX index options and this SPY thingy, which is the S&P-500 index in "stock" form. I buy calls and puts, and write calls and puts on equities, too. I was averaging 40% pre-tax returns per year until QTR-3 this year, where my fondness for TechStocks and reluctance to take profits bit me in the ass real good! What is your trading style, Glen ? -Steve