Recent content by SmokeAndMirrors

I'd have to agree with most of this even with the cynical undertone. If you're wondering questions like this you're most likely newer to the ideas of what it really entails to make money off trading reliably, consistently, etc.... I don't mean as much about how profittable you are as a trader...

I find it difficult at times to try to read the tone of what someone else is posting to you, but I have to ask.... Did you try what I said to use or are you assuming from your first thoughts of logic? To immediatley disagree about position management rules is mystifying me from your statement...

Wow!... This is why these forums turn to shit all the time... Let everyone apologize to eachother right now, without saying so, because like the old statement goes...Opinions are like assholes... And I already know I'm one...LOL:p

It's subject to if you're deciding wether your system should trade less to make it more profitable or if you should go in more depth of analysis of the 5 minute bar to achieve what you're looking for... First off momentum was just a suggestion... You're obviously trading off acceleration. Try...

I understand... I just forget to think that you might be arguing with some "asshole" on a forum...but you're the real "asshole" for arguing with a 10 year old...LOL

You know it's been so long that I've been chatting on forums that I forget to think like that ...LOL

Sent you a PM to the link. Click on it and fill out the few lines that pop up to make sure you always get the new link sent to you...Again...He's not a teacher. He's a true hard nose daytrader, and at present only trades FX. He doesn't answer questions during the webinar. The moderator will...

Well it's definetely free... You could follow along with his trades more than he's trying to teach you anything, but you'll learn something from him talking about his setups. It's more like he's a freak of nature when it comes to FX trading and he wants everyone to know. So eventually if you get...

My point is the guy has been working at home since he started trading. The hedgefunds gave him money because he had his own strategies...They were never given to him. If there were some statements I missed you say about being a newbie and being able to daytrade to your wildest dreams then I...

I don't think anyone is trying to compare apples to oranges here but "Naive" for "Knowing" that there are people, that aren't sitting right on the floor, that are successful daytraders is a "Quack" statement. Once again though I guess Proflogic would have to be right in your thought of what it...

Try using multiple time frames of the same dataset and the same period indicators for each... Like 2 period momentum across the board... You might get some better results depending on how technically traded the market you're looking at is... Although even then I still think you're better to...

This sounds like the nature of most of the successful daytraders I know. Most guys that can do it well, do it, make themselves more than comfortable livings and stick their middle finger up at you every chance they get. If anyone thinks there's someone daytrading billions of dollars in one...

Go to a buddy of mines blog www.maxdama.com . I'm pretty sure he has some good examples of SVM and decision tree systems there, in the software and examples section. Although, he was telling me, that last summer he was working at a hedge fund, that was strictly SVM based where there were alot of...

Stick with getting to know more people in the business. I've seen people trading quite a few million only making about 3% a month compound, with low or even lower drawdowns, for 6 months. The main reason they were able to get capital in front of them was because somebody important enough knew...

Moving Average - Price or Price- Moving Average You might also think of it as acceleration of the two... Tell me what platform you're working out of and I'll just give you the code.