flametree's Page

Ah, we'd all like to be doing better! The important thing is to not take too many risks. The market is really volatile right now and it's easy to lose a bundle. In these times you just need to stay in the game.

Hi Flametree, welcome! U a Chisel fan, or does it have another meaning?

Had a look, no moggie. I lost some comments last night so maybe a site problem

Talking about the past in investing is fine it is when the line is crossed to investment advice

Now that you have announced your sex I was wondering is the elegant lady in the photo yourself :-)

We miss our Jordan, the seal point, he was in the family for 17 years

In the shares my system made 8% in the March April May blip

The banks just don't trend hard enough to trigger a buy in my system, maybe this time :-)

Most people love their MACs and I don't blame them bot a tool is a tool and if it does not do what you want it to you may have to use mre than one tool

The best analogy I can think of is a carpenter saying ha loves his hammer and never buying a screwdriver :-)

Great reading your comment, the major difference between what you are saying and the system I have designed, is mine is 100% technical base and i do no fundamental analysis.

If you want a good idea where the All Ords is goint to go on any day look at the Canadian Index ^gsptse on Yahoo as opposed to the ^dji

As for other reports I only look at fundamental out of curiosity I do not trade on it.

The developer i work with is also one of the most reliable share data providers in Australia so I have access to almost any data.

My next venture is to develop a trend following system for the commodities market.

I would love to mentor others in share trading the major problem is ASIC and ACCC as there are things I can and cannot say because I do not have a license.

Hello

Currently, finding trading packages for MACs is hard

My system very rarely gets into the banks as the tend not to trend with enough strength.

I did great out of the recent spike in coal shares. An currently out, should be back in soon the way things are shaping up.

Hello FlameTree

When to buy important
When to sell more important
How big a position even more important.

I have software where after a bit of effort I can take my rules "patterns" and test them in the "market" over the last 10 years. The software "trades" with the past data, including brokerage and not buying when there is no kitty. thios allows me to see if the pattern has worked in the past and how well it has worked. Once I have established the pattern works I then use it as part of my overall trading "system"

A good book to read for the mindset of trading is trading your way to finacial freedom by Van K Tharp. I have found the mindset is the key factor.

There is no real chat facility, that I know of. Either blogs, posts or comments.

I will gladly add you as a friend.

I use a FCharts Professional as a charting package and then I have worked with some developers on creating a package that lets me put my rules into a "rules engine" this lets me scan the top 600 of the ASX looking for complex matches.

Where you are with regards to technical trading will govern where you should probaly go next.

I have posted a blog on Trading which has a post on planning and this is where I feel people should focus first.

More than happy to have further discussion.

Thank you for your interest