Favorite Indicators?
Hi, just wanted to get some opinions on technical indicators from some people with experience, and was wondering if anyone had any favorites.
Thanks!
Trending Content - Sales and Trading Forum
Career Resources
Dude I have 0 to little experience but will answer this anyway? Baltic dry index, yeah pretty cool right? Okay but seriously when I didn't have a job and was kind of just lurking around at a startup macro fund helping compile indicators this one mortgage-inclined dude was always like 'baltic dry index' and I was like 'dude stop fucking around', but I added it though no one really looked at my database. Anyways, I bet some people do look at this.
Uh okay know nothing about stocks, but there is a fund in Greenwich that is pretty fond of momentum. Okay this is getting really terrible quick.
LIBOR - OIS spread, the price of the option to lock up 3 month funding relative to overnight funding. Best known for blowing out during the financial crisis as funding dried up. Gain exposure to basis in various ways, one of which is through USD swap spreads.
All of the indicators in the minutes of various central banks. I don't know if I have a favorite but if I had to pick one I would probably say 'dot chart'.
Lol indicators... People still use these?
@mswoonc-. Yes. Go be a stupid little bitch somewhere else.
Just cause you can't make money and probably a wanna be trader doesn't mean you have to mooch for advice.
Every technical indicator is just a derivative of the price, in my opinion there's no need to use them at all. Stick with price action only, basic support and resistance levels and try to go with the trend, that's about it.
Fibonacci retracement levels, volume, learn to read price and you shouldn't need indicators. Support, resistance, trend lines. On balance volume, MACD, CCI.
And let me be nice from my experience working with BNP Paribas. Alot of traders had different methods, but one thing does not chance, we all used moving averages... moving avg is way to measure risk.
don't use technicals but look up Don Hays and Forward investments, both are very heavily technical.
agree that moving averages are important, we use them when talking about entering into a position we've already decided to buy. helps the decision between all in and dollar cost averaging.
Moving averages, Bollinger bands, RSI and good ole trend lines.
Use whatever works for you.
Hell no. I'm a bit offended to that question.
Advice, there are alot of programmers who inscript mean reverse stochastic in their model, which is pretty much a sense of probability of the price movement will be going back to the mean, hence the name... like I said moving average is a good sense to measure risk.
You heard it here folks, inscripting mean reverse stochastic in models is pretty much a sense of probability of the price movement going back to the mean.
also this measures risk
they did not teach me this at my non-target, unfortunately.
No one knows if a stock is gonna go up or down...it's all Fugazi, fugazy, a fairy tale
Uh yeah you can mock me all you want but at the end of the day, your probably just some college kid who can't break in. As for me, I'm 22, worked with PM's at BNP, traded at prop firm for two years and was running my own book at boutique investment bank. I think we know who knows more here.
contaneir company earnings (careful w/ Maersk, since they are quit diversified / have a lot of exposure to energy).
My butthurt indicator for mswoonc is off the charts. Time to sell.
Hahahahaha
That is fine. You can impress all your little boyfriends here, but at the end of the day. Your probably just a nobody. I probably did more with my life than you'll do in your entire life.
I didn't know that not respecting moving averages as a measure of risk in the mean reverse stochastic model made me a homosexual
Yeah why don't you suck euroazn little dick, why you figure it out?
Oh please mr. mswoonc-. I am so sorry please forgive me
can you shed your wisdom on me? how did you get 2 years of prop experience, work at BNP, and work at a boutique bank when you're only 22 r u god
Maybe you should go back to serving coffee to real traders. You're 22 with 5+ years experience? Your daddy must have sucked a whole lot of dick himself to get 17 year old mswoonc a Series 7 and a monopoly money book.
I don't know where you pull out 5 years but nice try. That's cute, you worked as a prop trader? How is that working out for you? How much money did you lose? Probably just some wanna be, clicking buy and sell market orders and see a 10 unrealized profits and call yourself a fucking trader. 8 Months at BNP as assistant trader, 2 Yrs at Prop and 10 months at boutique and going. How about you do something with your life?
what if CAPM Arbitrage was a prop trader but didn't work in an arcade
know your place bro
I didn't know my life's value was tied to where I work. Given your propensity to throw around your "experience" as a big time trader, my favorite indicator right now is your Insecurity Index. Looks like it's trading around 95%.
Your profile indicates you're a 3+ years analyst at a macro hedge fund. Combined with your bank+prop claims, I did some simple addition.
Oh so this icon pretty much states everything I've done? Yeah I never worked at a hedge fund, like you...calling yourself a prop trader, which your probably not...
Au contraire...
You're a "trader" so take a side: am I working in prop trading or not? $2000 seem fair? Don't worry, I take PayPal.
CCI, BB Bands, MA
Nice come back, the only thing you have going is correcting me with my grammer. Thanks internet police. Good to know that's all you have. YOU'RE not even a competition in the job market.
Quibusdam voluptatibus aliquam earum pariatur. Vel voluptas pariatur aliquid aliquam ea assumenda. Sed itaque illum repellat ad est recusandae. Laboriosam debitis assumenda qui laborum at.
Dolor placeat cumque ratione ab ullam itaque ipsam quia. Voluptas perferendis dolores aut cum omnis excepturi qui. Provident maxime illo cupiditate alias. Dolorem saepe molestiae tenetur maxime architecto modi.
Optio deserunt libero quas dignissimos illum voluptatem. Est esse autem magnam expedita adipisci facere ad est. Quia in ut eligendi repellendus. Sed est repellendus quam quisquam.
Minus corporis cum cumque quis pariatur officia ut. Veritatis est voluptates fugiat. Voluptatibus delectus magni qui expedita. Dicta neque ipsa eligendi delectus maxime. Numquam doloribus voluptas quia ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Assumenda ullam consequatur molestias laboriosam alias. Explicabo sit occaecati fugiat veniam aut at dignissimos. Quia officiis dolores repellat et modi autem. Ut fugiat necessitatibus adipisci enim vel quam. Id nam aliquid accusantium qui iusto quia sit. Rerum est fugiat repudiandae vel mollitia.
Veniam blanditiis accusamus eum possimus quod. Sed a quis sed consequatur. Voluptatem non assumenda at ratione aut. Voluptatem omnis accusantium aperiam aut.
Beatae aliquid voluptatem enim. Corporis voluptas magni quam cupiditate possimus quisquam ea. Eligendi sunt ipsum nihil laudantium sed. Sed quis sit ut eaque. Exercitationem earum neque deserunt repellendus aliquam ex. Sunt quasi non cum dolorem.
Et eos eligendi expedita quia voluptas. Rerum autem quia blanditiis sint ut consectetur.