Recent content by Mr. DNA

Trading System Range: Bottom Fishing 3.50 - 5.35 Volume: .9 to 2 million shares per day Size: 2000 shares every time. Interval: Look for these signals on a 60 minute chart. Timeframe: Determined by the quality of the entry point. [from 1 to 7 days]. Start with the price below the 10 pd...

Is it true that if a brokerage account is funded with 25K+, and declared a pattern daytrading account, the client will remain compliant even if the account drops below 25K. I think that it becomes a cash aggregate account. You can't trade til tomorrow with money that you have sent on a round...

Getting into a trade just because you have time to trade that day. Rushing into trades in general. When I was a musician, it seemed like a good balance to practice and study for about 2-? hours a day and then perform for maybe 4 or 8 hours per week. I now try to do that with my...

I try to avoid feeling like a stigmatized daytrader by not reading long threads about the stigma of daytrading. I'm still working on it. Actually I have found that for me, the best way to stay feeling good about speculating is to never discuss it with anyone. Don't let anyone know if you are...

With the poor people sleeping, got the shade on the light. With the poor people sleeping, all the stars come out at night.

** Visuallize*** A reversal top on V shaped volume. Return for others ============================================ Head and Shoulders Formations: remember: H and S are supposed to be reversal patterns. If they "fail" the price does not reverse and a continuation pattern is in...

This post contains study notes transcribed from Martin Pring's iNTRODUCTION TO TECHNICAL ANALYSIS. iT DOES NOT REPRESENT THE WORK OF mR. dna AND IS MEANT FOR STUDY PURPOSES ONLY. I have changes some of the wording to try to make it easier for me to understand. Also find some of my own junk...

You know everyone loses money from time to time its part of the art form. But, C'mon. I'm in this position, where I am down %99.997. I'm holding. It reminds me of my best dirt bike crash where my sears jeans got caught in the chain of my Harley 175cc going like fifty in a cornfield...

Yeah, there is a lot of combination. In ten shots you may not see a pattern. But if you understand a 1000 different positions you will see a bunch of patterns that repeat over and over again. When those patterns become internalized, one can respond to them instinctively as you suggest...

To the Board: ILA 10/24/02 Please Look at todays 60 min chart to critique this analysis. Has tested resistance at 4.25 twice. This does not look like the top of this rally because it has a rounded top. All of the other rally tops are spikes. It is however penetrating the 20...