Recent content by IndexSwing

How tiny is the account, if you don't mind me asking.

I want to know NoDoji's results for the year.

TA theory: If price can break above a previous high, it will run higher. Of course that is not always true, but is it usually true? Let your research begin.

You could have also placed a buy stop entry order just above the late Oct high and got in around 9.90

Looking at the chart you posted.

Price formed a breakout higher high in late Oct compared to late Sep and then moved down to form a higher low. Classic pattern.

"The turtles ignored the System One four-week breakout signal if the last four-week signal was a winner" -from Covel's book.

One part of the system that I do not understand is that in order to take a signal, the previous signal must have failed. What exactly does that mean and why was that a rule?

Technique: The idea that if a stock has made a recent 4 year high or low I should expect to see at least some follow through.

New high for the game at 27K

It has worked for me. The second chart was your very next trade?

Correction: It does tell you the stock and time frame after you have played.

The game is the real market. It shows actual prior stock charts, but does not tell you which stock or during which time period, so that you can not look it up. By the way Oracle had lost $ in the game so far, since you begin with $10,000 and he was at around $9600.

It would only take a few minutes for you to try the game and post the results, it's a lot of fun, give it a shot. www.chartgame.com

Jack, I don't know whether to believe your claims or those who say that you are full of BS. You could clear this up for me by playing that stock trading game (the link is a page or 2 back) and posting your results. If you are as good as you say, you should be able to post some amazing results...