Trading Emini Methodology in 12 Steps

http://emini-watch.com/emini-trading/

Here’s my Emini trading methodology in 12 steps. These are the rules I trade by – they keep me on the straight and narrow. Use the links in blue to learn more about each topic.

 #1 Trade one market and become a specialist in that market. Emini futures (symbol ES) are perfect but there are other markets if you can’t trade the US time zone.

 #2 Focus on the first hour of trade and stop trading after making a small profit (4 Emini points). Over-trading will kill your profits.

 #3 Keep your charts simple and stop using multiple price-based indicators. You will get better signals by using just 3 non-correlated indicators that analyze: trade size, volume and price.

 #4 Professionals trade in size; Amateurs trade in singles. Better Pro Am measures average trade size and allows you to follow the Professionals and fade the Amateurs.

 #5 Volume is the fuel that drives price. Better Momentum measures the waves of demand and supply volume and is superior to a price-based momentum indicator.

 #6 Price movement alternates between cyclical and trending phases. Better Sine Wave measures both price cycles and trends and is much better than a moving average.

 #7 The ‘Better’ indicators work on all timeframes and markets – even Forex, Crude and ETFs. But they work best on tick charts and with multiple time frames.

 #8 Markets turn with a repeatable pattern. Pick one entry signal and stick with it: my entry signal is a breakout into trend which I use with my day trading Rules of Thumb.

 #9 Tight stops and trailing stops don’t work in volatile markets. Use wide stops and profit targets instead (4 Emini points, 1:1 risk-to-return). And don’t be afraid to exit with a small loss.

 #10 The fastest way to become profitable is to stop repeating your most common mistakes. Track your trades with a trading log and focus on eliminating errors.

 #11 Invest in your technology. Use the best charting software, best trading computer setup (like TradeStation on a Mac) and best Internet connection. And always have a trading backup plan.

 #12 Trading is the hardest thing you’ll ever try to do and most people fail. So toughen up, trust your indicators and focus on becoming an unemotional, consistently profitable trader.

Selling Bonds online – User guide

Posted by IanSchaff Mar 5, 2018

https://client.schwab.com/secure/file/TRADEBOND-TAKE-A-TOUR-LINK/Selling_Bonds_U ser_Guide__0716-2635.pdf?cv5&

Introducing Selling bond online at Schwab

Schwab provides you with the ability to sell most fixed income securities online via Schwab.com if there are sufficient existing market bids available. If current bids cannot be found, or do not meet the quantity for which you want to trade, you may also request that Schwab look for bids to sell your bonds and CDs.

The new selling functionality on Schwab.com allows you to:

See all existing bid (and ask) prices for a bond on the Market Depth tab

If you choose, sell your bonds right on Schwab.com

Request that Schwab.com look for more bids if there insufficient bids for your position

Receive an email alert when your bid is ready

This guide will help you understand the various ways to sell fixed income positions, how to view the existing bid side of the fixed income markets, and how and when to enter bid requests for bonds.

Selection your position.

To sell one of your fixed income positions, find the positions you want to sell from the Positions page on Schwab.com and open the menu on the right side of the table.

Selections a position to sell:

Select the Buy/Sell Bonds link to see available bid and ask prices for your position

You can also choose the Trade History link to review previous trading activity for this bond before selecting to Buy or Sell

If you click the Buy/Sell Bonds link, you will be taken the Market Depth tab to review bid and ask prices.

TD puts on five boro bike tour May 6th the day after my daughter’s Birthday

Our Local Students at Binghamton University School of Management CFA Research Challenge

Posted by IanSchaff Feb 14, 2018

High Leverage and Unsustainable Growth Lead to Valuation Skepticism

Domino’s Pizza, Inc. (NYSE: DPZ) is a global leader in the quick-service portion of the restaurants industry, operating a network of over 14,400 company-owned and franchised stores in 85 markets worldwide. Supply chain sales represent the biggest revenue source for Domino’s (~62%), followed by U.S. domestic store sales (~30%) and international franchise sales (~7%).

We issue a SELL rating on DPZ shares with a price target of $160.Domino’s currently trades at a 40.78 trailing P/E ratio and a 37.90 forward P/E ratio, versus a 23.23 trailing P/E and a 23.06 forward P/E for the broader restaurants industry. These multiples imply recent sales growth trends will continue indefinitely, but we believe Domino’s recent catalysts will not carry the stock into the future. Our price target can be supported by the following highlights:

Saturated U.S. Market

Domino’s revenue growth is heavily dependent on new U.S. store openings, but U.S. unit growth will have limited upside as the store count approaches the management’s recently revised 8,000 store 10-year target. Despite a competitive environment that has undergone significant structural changes, expectations assume Domino’s recent growth trends will continue without new differentiating factors. We believe Domino’s is over-stored in the U.S., and that their revenue upside is overvalued by the market.

Limited Exposure to International Opportunities

Much of Domino’s future growth prospects come from abroad, where Domino’s global system sales will benefit. DPZ as a parent company receives minimal revenue from these high-growth markets and maintains heavy exposure to the U.S. (~93% of revenue). We believe that smaller contributions from international royalties combined with larger future borrowing costs from new refinancing will limit EPS growth in the coming years.

Disruption in a Static Industry

Restaurants in the U.S. have seen significant changes in consumption patterns over the past several years, with consumer preferences shifting toward digital ordering and food quality. Domino’s face s unprecedented disruptive forces from digital aggregators, like UberEATS, and growing “fast-casual” chains, such as Blaze Pizza. These new market entrants challenge Domino’s primary price and speed advantages head-on, and will provide heightened competitive pressures in key urban and suburban markets.

Characteristics and Risks of Standardized Options; Cash Settled Foreign Currency p.43

Posted by IanSchaff Feb 13, 2018

    Characteristics and Risks of Standardized Options; Cash Settled Foreign Currency Options p.43

At the date of this booklet (1994), cash-settled foreign currency options are also traded. These options are

dollar-denominated, European-style options. Each cash-settled foreign currency option has an

expiration date not more than approximately two weeks following the initiation of trading in the option.

Cash-settled foreign currency options having longer expirations may be traded in the future.

Being In a Place with Peers

Posted by IanSchaff Feb 13, 2018

Hi, 

I found that as a student writing online articles for Schwab Trading Community has really helped me get down my financial lingo, while being in a place with peers. Other Brokerage Companies also offer said privileges. I opened accounts with Merrill Edge, TD Ameritrade, Fidelity, and I am out of the retail sector and moving towards investment banking, companies such as JPMorgan, Morgan Stanley, SG Americas, and BP Paribas USA.

thanks a bunch,

Ian Schaff

 

NexGen Member

I found that this website has a lot of great Investment Banking companies Large, Middle, and Small.

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