Recent content by LetsTrade

I've been jumping around from package to package quite a bit. I've tried Ensign, RealTick, MetaStock, NeoTicker, and eSignal. Currently, I'm back to eSignal. I'm trying the beta version of 7.0. For about $100/mo you can chart equities and futures. 7.0 puts eSignal's charting on par with just...

I bought his Rolling Stocks book before I knew anything about Wade. Isn't what he teaches just Wade material? I never actually got to reading his book in much detail when I discovered I couldn't figure out how to find the "rolling" stocks.

Thanks... But my question was tongue-in-cheek... :p Had two winning trades and one break-even trade so far with the Q's.

I've decided to try my hand at trading only the Q's. Now, what do I do to hedge my position in the Q's? lol :D

Good question! Let me get back to you on that one... Just kidding. :-) It was pretty clear to me the Naz was going to head down at the time. What wasn't clear to me is how far my stocks would follow. These were stocks that had already been through significant declines and had formed...

I use RealTick. Regarding the Beta, I used that to estimate how many shares of QQQ to short to make sure I could stay long during the fall without losing money. The high-beta stock didn't show any strength when the Naz started to swing up, though, so I sold it. I was also long ADPT and using...

Don, About your courses: Are the methods taught in these courses workable for an individual trader trading from home? Or, are they designed for traders who decide to stay on with your firm as "pro" traders? For instance, "bullets," something that I understand is key to your methods, are not...

I tried something new (for me) today that worked out really well. I was long two stocks as the naz headed into resistance and started to turn down. My stocks turned with it (one of them has a beta of close to 3, so it really turned!). I shorted the QQQ and rode it all the way down to support...

Glad to hear Oz bought ADPT! I use his scanner and bought ADPT on a retracement (it was a bottomfisher candidate) today. Let's hope the Naz holds tomorrow. Whoever is short the QQQ since a week or two ago, bully for you! I spoke with Tony briefly before he left for the Expo. I'm researching...

I subscribed to their service for a while. I used to collect all of their calls and store them in a binder for study. I get their free weekly trade of the week email. Pristine's service is primarily oriented towards swing traders. Their setups are logical and their trade management methods...

easyguru, thank you for your suggestion. In fact, I've made several false starts at maintaining a journal, but have managed to document my last three weeks of trading without fail. I agree that a trading journal is a fantastic and essential way to improve one's trading and it will be one...

Thank you jem and praetorian2 for your replies. The blind leading the blind: I think most successful traders would agree that the keys to success are money management, method, and discipline. It is my contention that most traders fail because they usually don't have any kind of money...

Like many of you, I'm trying to learn to trade on my own. Resources I have access to include books, online chat/discussion forums, online subscription services, etc. I've been looking into classes and mentoring services. However, at an average of $3,000 for 2 to 5 five days of learning, these...