Recent content by zbestoch

Well, your hunch is as far off as it could be. You put some words into my mouth over at @Eddiemorra's thread and when I called you on it you disappeared for a while. I agree he does, but he seems self-deluded and unaware of how he is behaving at times. So I guess one can't really hold him...

I have found that to be true for myself. I don't necessarily believe it true for everyone. But if you hold the opinion yourself, then it is likely going to be true for you as well.

Since 2007/8 I've used primarily range/momentum charts with a simple line on close. "Time" is not ever a consideration in my trades. I place no importance on where price is at a particular moment, e.g. "enter on bar close" is not anywhere in my trading lexicon, and I have no "time stop" on my...

It seems as though the journal section has been kept fairly free and safe of the shenanigans of the shenaganizers. Why can't the solution be to just ignore those who get you so emotionally worked up? I mean, it is just an internet message board, and while I am not omniscient, I do believe that...

There is so much in the TG section of your post that I use as the bases for a number of systems & set-ups. There is a thread here entitled "Why is the obvious not obvious" or something like that. I have no idea what that thread is or is not about, but as to the sentiment, that list in the TG...

I posted this elsewhere, but you were the one who likely made me think to say it at all, so I'll share it here as well: I have to wonder how many "struggling" would-be traders are struggling because they are too blind of their own goals to see that they have made it? Let me repeat that: how...

There seems to be a lack of awareness amongth those journaling their efforts to become day traders here that the majority of those actually doing this for a consistent profit do in fact only trade the first 2 hours of the Wall Street session (often times only part of that session), most of those...

I was a long time Platinum subscriber. Finally gave up on it in March of 2013 when it became apparent that Worden Bros. didn't even care enough to update stock symbols - many listed companies were not included in their US Stocks database. I got tired of having to send an email asking them to...

Yes. What I am getting at is this: You risk ending up a bitter failed trader trolling trading forums whining and pissing and moaning about how TA sucks if you do not take seriously the task of understanding the indicator upon which you have staked your trading plan. Stochastics is about...

At the moment, the day's high on the S&P 500 is 2101 and the day's low is 2083. What does 2083-2101 represent? If you subtract today's low from today's high, what does that value represent?

For now, answer me this question: What is the general term for the difference between the highest high of the last 14 bars and the lowest low of the last 14 bars? In other words, if you were to strike a horizontal line at the highest high of the last 14 bars and another horizontal line at the...

No. But you seem to have something good going on with oil. You know, Eddie, there is no rule that says you have to trade everything. All it takes is one well defined, regularly repeating set up and one market that exhibits that set up regularly within your time frame to make a success of...

Same here, @Handle123.

A great exercise would be to put a short term stochastic on a 5 minute chart and then watch in real time for a few weeks. Replay would also be good, except that replay isn't really replay as it is usually at a much quicker pace and the feel of the trading day is lost. Did you identify what it...

This journal has been around ET much longer than I, so I cannot claim to have read all or even most of it. But it is one of the few active threads here where both the topics discussed and the stories shared interest me and there is an apparent absence of egotistical jackass thread hijackers...