Videos and day trading updates from Harvey Walsh

Posts made in June, 2010

Live Trading Tesla

Posted by Harvey on Jun 30, 2010 in Trade Videos | 2 comments

Here’s a live trading video, as it’s been a while since I posted one. Biggest trade of the day was Tesla Motors, which only floated yesterday – so nice and volatile. Apologies for the sound quality, this was recorded outside directly into the laptops internal microphone. Trading over, now I’m back off to watch Wimbledon – we have a tradition where a bunch of us get together somewhere in Europe for the Wimbledon fortnight, and trading takes a bit of a back...

Read More

Choosing A Market on A Budget

Posted by Harvey on Jun 16, 2010 in Trade Videos | 0 comments

Jose asks: “I was wondering what do you recommend I do with a minimum capital of about 1600 dollars? What should I trade?” Lots of people have this kind of question, so perhaps my reply will be of use to others: A budget of $1,600 is quite low, but certainly not uncommon. Given that amount, I suspect most people would suggest forex, because it’s easy to open an account with a deposit of that size. Forex is also easy to trade on massive margin, giving you lots of leverage. If...

Read More

Tick Charts or Regular Charts?

Posted by Harvey on Jun 15, 2010 in Trade Videos | 0 comments

Someone emailed me today to ask if I thought tick charts offered any advantages over regular charts. Here’s my reply: In this context a tick is a trade execution. So instead of dividing your chart based on time periods, you’re dividing on number of trades. A possible advantage of this method is that you will see a more regular representation of activity during slow and fast periods. To take an extreme example, in a slow moving market with very few trades occurring, you could...

Read More