Daytrading Q & A
Bulletin Signals - Answers
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Bulletin Signals Answers (cont)
15) That password you gave me doesn't
work, please help.
If you still cannot gain entry, send a message and we will check and correct whatever is causing the problem. We will extend your free trial if an error caused your password or user name to be inaccurate.
17) Should there be a ? at the end of the url
on the Signals page? When the page is updated the ? appears and remains.
18) I don't understand the Holding Period?
19) Can you please give me a more detailed
explanation of what "stop hard" means.
20) On the Current Performance Chart, what
do the blue, green and red lines mean?
21) If I trade single-lot sets, how do I know
when to take my profits?
22) I do not understand what is meant by
Buy three December S&P at 970.10 stop. Would you please explain?
Buy three December S&P at 970.10 stop means:
You will call your broker (or use electronic order submission) to enter an order. Your broker expects to hear your order in this manner:
You would have already put on an order to sell at a lower price, and if price moves against you to this level (970.10), your stop will take you out of the trade.
In other words, if you place an order to sell at 960.10 (if price goes down you'll make money), and put a Stop Order to Buy at 970.10 (offsetting your sell position), then if the trade moves against you, you will limit the amount you will lose.
In the futures markets there is no guarantee your stop order will be filled, so you must always understand it is possible to lose much more, but stops are a good way to help manage losses.
Use our Order Placement Worksheet to keep track of your orders.
23) Can your system be used to trade Spyders
(with margin) as opposed to futures, and if so, what account size would
be required to match a 30,000 futures account?
24) Will your bulletin signals work
in the background on my computer behind Signal Online and Metastock, or
should I run your program on a second computer (I have a backup computer
and a second Internet connection)?
It can be done with one computer, but you'd then want a good powerful system (300 MHz or better) with plenty of RAM memory (64 - 128 kb) and good video. A very good system can now be had for $1,300 so there is no reason to skimp on good equipment.
25) I have an online audio program playing during
market hours. Will this prohibit me from getting an audio alert of your
signals? If so, is there another alert method?
We presently use a sound to alert a trader to a Real-Time Trade Signal because the actual signal screen can be minimized so the trader can put attention on the charting software. One thing we do though, is run multiple machines. Computers are relatively inexpensive now, so this may be a viable option.
The most likely cause for being denied access is trying to use the doorway for subscribers, rather than the one for the free trialers. There is no difference in what is behind the doors, just a different path to follow because of the different data bases used for entry ;-) Make sure you are using the second button entitled "Free Trial Entry." Also, on the Current Performance page http://www.daytradersbulletin.com/miva/archives/curperf.mv make sure you use the third category, entitled "Free Trialers."
Good News! There is a new option called "Color Flash" which means rather than a sound playing, the background color of the Signal's page will flash a few times when a new signal is sent. This method is very effective in alerting you, without the need for a sound card.
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