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Yeah..........something sure went to my head. Not sure what exactly. I'm going to go hit some golf balls. I'm pretty good at that game.

Reverse Brain Technology? I'll reverse anything if I can figure out to make money trading. What a stupid thing to be obsessed with, but so be it. That's what I want to do. I still have this nagging thought stuck in my head that my brain & charts don't get along. If I had some complex...

What makes you think there are good odds that the market may turn up? What do you look at to come to that conclusion? I see the weekly trend is up. The hourly chart just had a couple narrow ranges and ended the day expanding upwards. The daily chart closed a gap. Any of that stuff...

So how do I perfect timing, because I can guarantee you I have not perfected it? (not for a lack of trying) How am I supposed to figure out the password if I have a shrunken brain. As of today it has not grown back. Make it only medium-hard for the less-fortunate. :)

I live in Oregon............only 6:30 here. The most important thing is to be right at the right time. Don't want to sit in something that's not moving, and don't want to be in something moving in the wrong direction. Also be prepared for any opportunity which may present itself.

The entry is the most important thing.

You want to tell me what those lines are on all your charts? I think it would do you some good to share that info. :) By the way how did you turn the corner and become a good trader? (If you are that is; I have no idea; I don't know you). I feel like if someone who was a good trader...

Barnett Newman?

Hah !!!!!!! :) I don't know. Please tell me. Bet the correct amount on the correct trading instrument at the correct time. Or multiple instruments if you know what you're doing.

Lose money by being wrong. Make money by being right. Lose money with big or medium losses. Make money with small, medium, big winners. Need to be right more than wrong, have tiny losses, and all kinds of winners.

A strategy which says enter or don't enter which was thought out beforehand. Something which you just do based on your plan and you don't have to think about it. Must have clearcut rules. Risk Control. Positive Expectancy. Something that makes you the most money in the least amount of time.

I have a lot of proof to back up that "loser" theory, so I'm not going to argue that point. I'm trying to stop being a "loser". :) As far as luck I didn't mean it in such a large sense. I don't believe in luck as a means to succeed. I only meant as in which tiny bar to buy when looking to...

TE, If you had traded BDX today would you have caught the big move down with the method you use?

I see a blue bar, a brown bar, and a couple shades of red in the middle. No real pattern to it. I have a screen where I put 3 timeframes on one page and they are all squished together and look completely different when I unsquish them.

I don't think a chart is a chart is a chart. They just look different on everybody's computer depending on the settings. And the bars I don't get. Price is continuous. Why break it up into bars and buy certain bars instead of other bars. Why not just use a line chart? One guy buys at...

No clue. Looks like one of those paintings that some crazy people pay a lot of money for even though I could make them a similar one for half-price. It's probably a stock chart of BDX if I have to guess though.

That's another thing. What should I be using for daytrading stocks? 1 minute, 5 minute, volume chart? On that 5 minute chart I posted I can see the nice short opp when it retraced up to a resistance level in the middle of the day. I can see the higher lows which occurred before the move up...

I'm listening to you if it makes you feel better. I'm just on a chart-hating rant !!! :) Maybe I'll learn to love them someday. Mandelbrot & fractals sounds not so good. No more info can fit in my head. Going crazy !!!

Because my brain doesn't seem to like them. Just last night I was looking at the NASDAQ and never even noticed until yesterday how wide the daily ranges became before the fall. I'm constantly zooming in & out on charts and I'll miss a move and look back later and say oh look that was obvious...

NQ 5 minute looks pretty orderly. NQ 1 minute middle of day looks like a complete mess, huge ranges, all over the place. They contain the same data though. Uploaded with ImageShack.us Uploaded with ImageShack.us