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    Apple dropping like a prom dress

    AAPL is setting up a trigger long through 530...be careful shorting this stock right now.
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    From rags to riches, 700$ to 100k in 2013

    Nothing wrong with getting in their and trading with real funds...even if its only 700. Paper trading and trading with real cash is completely different. Get in their and start building those skills We all gotta start somewhere tho right!
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    From rags to riches, 700$ to 100k in 2013

    700 dollars isn't gong to give you much honestly. You could use those funds to learn and start to implement your approach with real money...that would be a good start. With this business if you have the persistence and passion you will win out over the long term, but first you need to get...
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    The ACD Method

    Well i guess it depends on what your needs are. The basic principle is that a contraction in vol leads to an expansion and vice versa. There are alot of different indis you could use depending on what you want to accomplish. There aren't many things that are constant in markets, but the...
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    The ACD Method

    The work I've done has led me to use the three day pivot ranges as a good predictor of volatility and trending action on a day timeframe. I have found something that is far superior to the pivot ranges though...it's the ADX indicator. Now I'm not going to give away exactly how I use it...
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    Denise Shull Says Tape Reading Art is Real and Alive

    Do yourself a favor...pick any market, gold, crude, SPY etc. Whip out excel and apply a rolling volatility study in that market with your high and low data, let's say over a rolling window of 15 days. See if there is a correlation with volatility in one period with volatility in the prior...
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    Denise Shull Says Tape Reading Art is Real and Alive

    Peter Brandt has some good writing on this subject: http://peterlbrandt.com/what-does-a-chart-pattern-really-mean%E2%80%A6/
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    Denise Shull Says Tape Reading Art is Real and Alive

    Ok, I understand what you are saying. There is a contradiction on the surface, but like anything you dig a little deeper and you understand the purpose of the distinction. When the emphasis is on prediction i think it puts a the trader in the wrong frame of mind. Putting emphasis on...
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    Denise Shull Says Tape Reading Art is Real and Alive

    He has made up his mind about the matter, its not worth your time to continue a discussion that will lead no where. The whole discussion about TA is misdirected imo. Over the years there are only a couple things that I know to be consistent rules in the financial markets. Contraction is...
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    Great Point Capital

    From what I know they use Takion and are pretty good on the tech side of things relative to other equity firms in the city. Last time i visited the office they had about 20-30 guys there. Some really good traders as well. Rates are going to depend on what you are bringing to the table as far...
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    Entering trades at wrong place, what do you do?

    Volatility is cyclical...if you are trading momentum you need to enter when there has been a contraction in volatility. You want to arrive when the party is just about to pop off, not when all the booze has been drunk and women have been taken!
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    The Decline of Stock Trading...

    Bond inflows are at record highs and equity outflows are at record lows. The lack of retail participation is the biggest reason you see the market environment you do. Retail will come back into the market...when, who knows? Seems like we need more people to get shaken out of this industry and...
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    Best Blogs online

    If your into equities, check one of the many blog on stocktwits. Some truly excellent people on there. Peter brandt used to be very active on his blog, not so much now. There's really a ton of them. I would recommend getting a twitter account and start following some traders on there...
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    Is this stock good to short now?

    Tough to make money short in a name like DDD. You gotta understand that this thing will be defended by institutions on any move down. Tough to get any follow through in that type of trade.
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    The ACD Method

    King watch the QQQ to bounce into next week. Not much cause to take it lower at the moment. Also some numberline divergences across the board in the sectors(short term). Any bounce will likely be short term but it can be viscous given how oversold we are! Note AAPL reporting on thursday...
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    The ACD Method

    Yea I've down work with the 5 days and have noticed something similar. This was more of a move out of that tight pattern...which in my experience can lead to a move with a very high r:r play cause you get in pretty early. There's obviously a trade off between getting good prices and getting in...
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    The ACD Method

    Yea I have no problem being stopped there. You can look at it in hindsight and say this and that, but you have to be able to execute when you see the trade! So far me nbd :)
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    The ACD Method

    Long, got stopped. Tough trading there...will be watching next week again.
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    The ACD Method

    Crude has a very interesting pattern on the daily and has gotten for tight in the last 7-10 days. I have a trigger long through the weekly around 93.2. A big move could be in the cards, watch this boys! Also, Steel(X) getting above that quarter level. Watch this one in the next 1-2 months I...
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    The ACD Method

    One thing that really helped me develop a good "feel" was watch the same shit everyday! I literally watch the same basket of etf's/stocks everyday and I know all of them very well. How they act, when there is volume coming into them, when something is off.
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