i read a great trick once that helps keep me out of trouble.
if you look at a trend (any trend) and literally measure it - so say it is ie 10 inches long. if it pulls backe 2 inches (20%), the trend is still intact.
30% - still intact
40% " "
50%" "
60%+ - stand...
anyone heard of Barkley Trading aka Etrade professional operating in toronto/new york?
they apparently provide buying power, 2$ round trip trades and you put up $3000 risk capital
sounds too good to be true. advice?
also, if you sign on for the etrade professional package with a margin...