Search results

Lets look more closely at the difficulty of not entering until the opening range BO occurs. We are faced with several difficulties. The opening bars can sometimes be as volatile as the target and stop that was set. Further, if a person chooses to do the opening range breakout beyond a...

Here's what cutting to the chase with five trades like this would look like.

Here is an excel (old version ET does not take up to date Excel) It is titled sicktrader/30 mintrader as a reference to the old 30 min a day trading. I followed his rules with further restrictions. Only one winning trade a day on the opening range BO with his stop of 2.5 points and...

I had exchanges with the SEC in two different ways. Coattail trading and front running the herd. I had friends who all worked at IBM and we shared TA trading info. Once we were front running TANG and MLPFB "assumed" something was coming up w IBM/Tang. Then IBM was converting from...

As you think about things, it is very worthwhile to work through, intellectually, who controls the market. It is also very important to consider whether or not the market is right or wrong and how often. For me, using logic turned out to be very significant. You bring up the matter of...

Here is the reference: "It is the top loser in the challenge there! Y- Jack Hershey 01/06 * MANU 14.57 1.61 12.40% 5,850,300 -1.61 n/a -2,736.79 Application Software ASMI 23.28 1.91 8.90% 439,400 0.11 193.6 462.92 Semiconductor Equipment & Materials ARXX 10.71 0.86...

I'm not qualified to answer your Q since I am an amateur. Vendors are not amateurs. I read through your description of your failure to become a successful trader. It may be that failure is a permanent condition and you may know. I can't comment on that either. One aspect of teaching...

There seems to be some confusion here. Technical trend followers use the variables of the markets in a scientific manner; technical trend following is not Price Action oriented. Similarly, supply/demand techniques use the variables of the market. See the retail provided example from traders...

Lo has a new book out. As usual it is co authored. He devotes thirteen chapters to people he determined had views on TA. Chapters 14 through 20 review some aspects of the mysteries of TA. Elsewhere, I posted a peek at the sub chapter contents. There is a possibility that you may gain...

Yes you are correct. That chart is NTES (chinese gaming corp) and was not Nutrisystems. She did dump it at slight profit after meeting. (After meeting means the next day.) Do note the cheater volume MA on the chart; it acts as a flapper when using the "unusual volume" mentioned in the...

Check out that Bloomberg add for the Lo booklet.... lol... Heres a peek: 14 Conviction: Countering the Skeptics and the Scoundrels --The validity of technical analysis --Acceptance by academics --Sustaining confidence while sustaining losses --Literature versus experience --Hard...

I have those. His time frame is messed up too.

Yes, and he is correct but does not state the depth of the moves ahead.

As pointed out previously only results are proven. Those who get my commissions and fees and bones also get to see what the results prove. You are dealing in claims and you want your collective noses rubbed in claims by someone doing something for you. Were I you, I would review the past...

It might be nice to construct a tree which branches out at various decision points. If monks did it it would be very illumminating. You've seen my recitations on good reads that show the humor of the CW. Some in that venue think they are rational, logical and systematic. You have to...

Read "Putting the Pieces Together" aloud in your library. Skim the bold print and the illustrations quickly next. Maybe you will learn something. Use your thumb and forefinger. Hold a capillary or a pin. For amusement read about madhatters and rum and tequilla drinks using watermelons (no...

You may wish to review item 7 of my post. When trading is going on in real time with real money, as you say, there is no dispute. It is possible when we were on other people's turf, there was an element of "competing". This means that accounts were open for most people there in that...

The class of people you are referring to are doing their Due Diligence (DD) based on their orientation and their personal pursuits. The general order of DD for these people is: 1. Request proof. 2. Check the proof to see if it real to them. 3. Request another form of proof. 4...

Hi OP and others dealing with the opportunity to become successful traders. Going to school is important. The reason is that it is the formal place to learn to learn. The OP hasn't done this as yet. It is difficult to find a place where a person can get a strong understanding of learning...

Sorry, I was getting too specific. Those 6 points made by traderzones were strange to me. The thread starter certthe description is ainly knows his description is unfounded by simply observing the market liquidity. Successful traders trade size. They trade trends with good timing...