By: Bill Cook

Bill Cook — Wed, 02 Jul 2008 20:00:30 +0000

Male, 55years old. married with two step daughters. I like to workout or at least walk the dog(king charles spaniel). I used to be a floor trader in Toronto, before becoming a nurse. The need for more responsibilities led me to become a perfusionist( operated the heart-lung machine for bypasses, transplants etc). Due to a severe car accident I was unable to function as a perfusionist. Although in the medical profession I frequently read charts and did options for others.I continue to read alot of charts and blogs about trading. I really enjoy the trading and have learned alot about myself, good and bad.

By: Bill Cook

Bill Cook — Wed, 02 Jul 2008 10:50:14 +0000

Hi Ron, Thanks again for taking me on and mentoring me. I’ve learned plenty so far and hope to catch on and catch the big ones!
Short term objective-$150 to 300/day.
Long term $500to 700/day. I need to show more patience and not react and trade just to trade. Therefore I will take long position if I get an IVB, at support with a green Woodies ISMA.Short position when painted candle and IVB together, red woodie ISMA and a change appears in the trend. On breakouts must wait for the second candle to appear whether to the upside or downside with either an IVB and woodie ISMA which agree. If a scalp trade occurs with an IVB then use a pivot as the point of exit either short or long. Porfit should be in the range of 7 to 15 points. Trade range bound set-ups only if there is a clear signal with an objective which makes the risk worth taking.Not sure if this is clear or concise enough would enjoy feedback. I would also like to more info regarding traders trick,bobbers and the IVB and OVB so I can write them down. Thanks Ron and Frances for everything! Bill

Comments on: Daily Wrap-up July 1, 2008

By: Bill Cook

By: Bill Cook