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Oh, AOL was like magic at that time. Never seen anything like it before. Even though we've come a long way, you don't get to experience that same feeling any more.

Adding here at 76.50 Avg: 71 SL 86

You're selling but your TP is higher than your entry. WTF?? :rolleyes:

I don't think it needs to be even that complicated. If you get in at the WRONG PLACE at WRONG TIME, the possibility of you getting stopped out is almost always guaranteed.

Not much by way of trading startegy, but something worth regurgitating (at least for the noob inside me :)) The Winning Market Mentality That Leads to Profits If you've chatted with experienced traders, you've heard by now, “The stock market is always right.” A shortened, Zen-like version...

That's on average. There was a lot of fluctuation depending on your credit score, your income, and whatnot. In retrospect, I should have done more homework, but it's worth remembering that this was time when information was very limited even with the Internet. I believe people were still...

Ahh, my bad. Thanks for the pointer. While I don't fully understand the nuance, it sure is interesting.

For some reason, mine doesn't line up with yours. For example, you can see in the charts below where yours come in below the price and mine clearly above. Also you need to modify the code a bit, otherwise it comes up all garbled. def Xn = close; def EMA = ExpAverage(Xn, 20); def Wn = 2 *...

Mr Agi1, do you get the constant urge to feel vindicated (eg. need to be right)? Trying to predict the market, especially if you're a beginner, is a futile attempt. The market won't let you anyway. But if you allow yourself to follow the market instead, it might let you in on the detail.

Oh, damn, I thought the guy would outlive all of us. He looked pretty healthy even just last year when he and Buffett held the Annual Meeting.

Really? You will make a lot of money after following Wade? I knew you were gullible, but now I'm starting to believe you need some professional help. :rolleyes:

Think of yourself as a 10 month old baby, hardly able to walk on your own, let alone eat on your own. Speaking of which, do you know how babies learn how to walk? That's right, by trial and error, and plenty of falling on their ass. But is that such a bad thing? Do you ever see parents...

Short 65

Do you really need those rainbows (price bands)? What purpose do they serve? Also what's up with "initiate" and "review"? What are those all about?

Only way to tell is to actually see a chart with your ema next to the regular ema. Can you whip up a chart with those indicators and post it so we can see the comparison?

Suppose the price of socks (not stocks), which regularly sell at $10 a pair, is on sale for $7.50. It's a steal considering that you're getting 25% deal. But what happens if it goes down to $5? Would you buy more? What if it goes to $2.50? Eventually, you'll think it will go down to $1.25 and...

Well, if you think in terms of demand vs supply, it'll work itself out eventually. As the rates go up, demand will drop. Lower the demand will ultimately lead to a drop in housing price. If you can't afford to buy a house now, I'd say, just sit tight and wait. The housing market will cool and...

More on investor psychology... The Three Stages of a Bull Market (or What the wise man does in the beginning, the fool does in the end): the first stage, when only a few unusually perceptive people believe things will get better the second stage, when most investors realize that improvement...

Back in the late 90s, I refinanced mine at 13%. What are you complaining about?

(Continued from above) What do you know now that you wish you knew when you started out as a trader? I have learned that you can believe you know where the market is going, but you really don’t have a clue. I now know that I am my own worst enemy and that my natural instincts will often lead...