Recent content by causeiambetta

ndx is nuts, not sure if i'd trust the last 2 week's price action though

best of luck to mike, its been more than a month since the last post but hey, who knows.

great posts by everybody. the analogy i like in trading is not as good as F1 racing but i'll throw it out. Trading is like Pool, everytime you concentrate on the cue ball and how you want to hit, you might not get the target ball in everytime. But when you don't concentrate on the cue...

surfer, was it the entry that was wrong on the trade or the signal itself? from a fundamental point of view, things haven't changed for the better and with the dollar crashing down, have been getting worse.

Someone out there is always making money, no matter what. -mohammed

mecro wrote

appreciate the tech analysis posts aroguetrader. -m.o.

most of the people saved in interest earning accounts in their bank during those times. Unfortunately for then and now, the interest the banks pay you and the interest they make off of their businesses are wildly different. The bank rate changes very slowly too; while the inflation can...

theres nothing wrong with trading 200 share lots. some stocks are so volitile and thin, you have to operate on small lots (CEPH, FAST) and others have so little price movement you need come in with 1000 share lots. it all depends on the stock and your strategy. i'll admit, there are times...

point taken, i'm totally ignorant of rydex/profund mutual funds. -m.o.

based on the hypothetical situation you had posted, i would go with the mutual fund with the highest resistance away from the support. i know this is a indirect answer to your question, but this is my answer because all three are in a uptrend with a support below them. the greater the...

i've stopped using MA for intraday trading because to me, it kept taking my eyes away from price action. and Price Action is all trading is about. Daily and weeklys on the other hand, MAs are all good. -m.o.

absolutely wonderful post onewaypockets. i'd also like to add to that, foreclosures in neigherhoods have a very bad effect on the surrounding prices. -m.o.

what do you use to find exit points on your trades? MA are good entry point indicators but i've found that they don't give adequate exit signals. would be very interested in how you interpret them. -m.o.

harrytrader is gibberish -m.o.