Recent content by lawrence

no kidding!

usually 3

If you have been to the pits in Chicago there is an interesting thing that occurs. The pits are in a huge ring, with the experienced traders in the center of the ring, and the "newbies" on the outer portion of the ring. What happens many times is a price break occurs in the center of the ring...

Here's one method I focus on for trading the S&Ps. I use a 5 minute and 15 minute chart with a wilders RSI. When the Wilders RSI makes a new high in the 5 minute prior to the index making a new high, I buy with a 3 point stop and trail it up, vice versa for shorts. Also do the same with the...

I'm new to the boards and was just curious about your post. I trade full time but wasn't sure what you are asking in your post -- more info, more data, more education? Or just talking out loud? Just curious.

I am amazed when people won't pony up for a decent data feed. What you save in monthly fees you give up in monthly profits.