Recent content by CTTrader

Alarmists always take comfort in the fact that enough gullible people will not be old enough to remember or will have forgotten the last scam that was the opposite of the current scam. What ever happened to the GLOBAL COOLING CRISIS of the 70's? This from a Time article, dated June 24...

I believe in being energy efficient for the sake of being energy efficient. Wastefullness is never a good policy or habit to develop. That said, the idea that global warming is caused by man burning fossil fuels is beyond a joke. It is a scam being thrust upon unwitting people for the sole...

Ditto on most of the previous comments. John & Hubert are decent traders and definitely better than 95% of the garbage out there. But I don't think they are working as hard as they are running seminars and selling merchandise out of generosity. They make a lot more money that way than they do...

DO NOT BUY AN ALIENWARE PC. I overpaid for an Area-51 7500 as my primary non-trading computer (I use a great computer from tradingcomputers.com for trading) because I was tired of dealing with Dell (even though Dell owns Alienware). The computer did not work out of the box and they are...

myminitrading wrote: "Do you think that 4X buying power is free? you should check their margin rates may be near 7%" Yes 4X buying power is FREE at all brokerages. You only pay margin rates on positions held overnight. I don't use margin on overnight trades so I don't pay for...

My point is not whether you should be with TS, IB or anyone else. It is that you must choose the brokerage that provides the opportunity to make the most money and that interst rate on free cash is far down the list behind charting, execution speed and reliability, customer service etc. I...

I attended the seminar at the Ft. Lauderdale Expo. It was good and well worth the $695 I paid. She covered a huge amount of material and stayed way late to answer questions. Some material did not fit my style and I have not used it, a few pieces were perfect and I use unaltered, and a few...

Back to the original question: PC or MAC for trading. MAC is a great computer. I prefer it for all functions where adequate software is available. Unfortunately, trading is one of the areas that has very little software for a MAC. At the present time, using a MAC for trading will severely...

(b)If you think about it you can lock in 4.6% on a one month CD now days with a 5k minimum. Thats not a bad return for one month, with ZERO risk.(/b) Tell me where I can get 4.6% per month in a CD and I'll stop trading. 4.6% per month is 55.2% annually. In reality you can get 4.6% annually...

I've been using TradeStation for a month now. - Great charting - Matrix is awkward for entering orders in a moving market but is great for changing orders or entering in slower market. You can move your stop just by dragging the order to the new stop. Also, matrix makes it very simple and...

Just like in trading - don't fight the trend. I had always used PC's and tried my first Apple when I needed a laptop. The Powerbook was so much better than any PC I ever had I decided I must use a Mac for trading. Lo and behold there is very little trading/financial software for Macs. Yes...

I have been trading with Etrade (sucks) and recently set up a TradeStation account. TS has a great platform, but the process for setting up and funding an account is archaic. The application is not done online. Instead it has to be sent Fedex (TS pays for it). They did not notify me the...

I understand that you can not initiate a short on a down tick. But I'm not clear why my previous example violates the short sale rule. A hypothetical example: I initiate a 1,000 share short position correctly on an up tick at 10:00 AM on Monday using a 60 minute chart that shows the...

IB, CyberTrader, ViewTrader and some others use just the buy/sell/short buttons with no separate button for cover. I prefer to have a separate button for cover, probably because that is what I am used to using. But there is an advantage. Having a cover button allows you to trade separate...

oops. Sorry, I didn't see the right hand part of the chart when I first looked. I thought you were reffering to other candles. You are right. Those are hammers. But neither has yet failed. They have only failed with a CLOSE below the lower shadow. That is one of the challenges with hammers -...