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I've heard that said a million times. Now maybe that's true for scalpers being overrun by HFT. Other than that though I would say that an edge that stops working was actually not based on true price movement, and so it could not be expected to last in the first place.

Yes, I think it would if you were to do so 100%. That's why I said 'to a certain extent'. That 'certain extent' is needed to keep them from going too far out on the limb, which without sufficient experience will result in problems. I've found too often that those who are smart enough to learn...

2 ticks, 10,000 yen. But very few trade the Topix contract. It is so inactive compared to the Nkkei225 Mini, which is the 3rd most active contract in the world.

The futures contract trades in increments of .5, and it's .01 for the index.

If one knows his stuff, and if the student has the ability to learn, it's not that hard to teach the basics. That fork in the road is the application. I've found that while not wanting to clone myself, too often leaving the student to go his own way, leads to disaster. So initially you have to...

Actually, I've found that experience makes up for the need of quick reflexes. What old traders lose first is the power of concentration. After xxx minutes of following the price movement your mind begins to drift.

You can't use a local (Japanese) broker as you're not a resident. If you want to trade in Japan, you could use IB or AMP. http://www.jpx.co.jp/english/derivatives/

No, I think I do. But if you need a definition from the dictionary, here ya go: Troll is defined as the act of trailing baited fishing lines from a slow-moving boat, or a supernatural creature who lives in a cave or underground, or is slang for someone who posts upsetting messages in an online...

Post something intelligent, helpful or informative and you'll find out!!

The Topix index covers all issues on TSE. The Nikkei is made up of 225 stocks. There is a futures contract for each, both a Large and a Mini.

Ain't that the truth!! And if the trolls could get this through their heads, they'd stop trolling, because they'd be too busy making money!

I used IB for the better part of 10 years. While their charts are as bad as can be (had to use 3rd party software), the broad range of settings for order placement etc. is quite good. Everybody and his brother complains about their service, but I never really had a problem in that respect. The...

Yep! If a trader can make money using indicators, more power to him. But I look at indicators as being the pulse, and the PA as being the heart. And I'd go with the doctor who listened to my heart, rather than the one who just felt my pulse! And why does one need a buffer? But then again, if...

Ain't that the truth!! While you're saying that regarding the use of indicators, I will say the same for old school TA.

That's good, but I got you beat. One of my computers is an 11 year old Dell running XP. Still runs like new! But just to be safe I don't even sneeze on it , and I pet it every day. Am aiming for a spot in Guinness!!

No, I didn't say your pattern is not 'compact enough', I said 'most patterns are compact'. If the difference between your pattern and the examples I sent does not hit you like something jumping out of a 3D movie, I would have to start from square one, and that would open a can of worms. But if...

Since your first post in this thread I've held back from commenting as I usually don't do so regarding someone's analysis. However, and please don't take offense by this, I so strongly believe that calling that move a H&S, is so far out on the limb that you are just seeing what is not there. And...

OK, I'll take your advice and get some material to study up on the language of the markets. In fact, I'll put that request in my letter to Santa right now!!

Likewise, don't say I said what I didn't say. OK! Now we're getting somewhere! So, the stock is now up 10%. How do you know that it will later in the day be up by 20% so that you can safely buy now and take 1%??? You said "That is the basics of charting". Now the basics have been around since...

Who, me? Learning what?