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Indicators were never really meant to be purely buy and sell tools. Most good traders use indicators only as a tool to confirm what they are already seeing in the market that they are watching - uptrends, downtrends, consolidations, range bound action and so on. Another thing, any market is...

Another place for potential short term trades is: http://my.zacks.com/portfolios/index.php3 The #1 ranked stocks, which are updated daily, have potential for upside earnings surprises in the next month to three months. Charles

http://www.hardrightedge.com/ Web site of Alan Farley, author of "The Master Swing Trader". Click on "Daily" and find his daily stocks to watch that matches his various trading plans. Good place to start for a short term trader and swing trader. Charles

Not sure why you would want to calculate this by hand. There is no simple formula. If you are truly interested in how most technical indicators are calculated, I would suggest that you get the book "Trading for a Living" by Dr. Alexander Elder. You will find the ADX calculation method in pages...

Has anyone taken the trading course from Traders International developed by Afshin Taghechian? Reviews? CharlesTrader

Daniel: Most professional and consistently successful traders make a large portion of their profits after 10:30 AM. If you will notice, all but one of the people claiming early morning success did not come up with a trading system that was originally asked for in this thread. Very little...

Sorry for the spelling error. I just think that it would be difficult to make first hour trading into a mechanical system with small drawdowns. That's better. Charles

I make good profits in the first hour also, and in the last hour. I just think that it would be differcult to make it into a mechanical system with small drawdowns. Charles

Don't think so. Mechanical systems need those two hours since it usually takes the market that long to define intraday support and resistance. Trading the first hour or two requires human brain power, experience, intuition and more risk than trading in the later hours where support and...

Brandon, You have an excellent trading plan, and have an understanding of intraday trading that is far beyond the understanding and capabilities of your critics. It is funny that people still hang on to that concept of oversold and overbought. They still have not learned that the markets...

Only you can answer those questions, since everyone is different. If you are the type of person who is self-motivated and enjoys working alone, then you should trade from home. However, if you are the type of person who needs that constant feedback from other traders, then you should stay in a...

I haven't used RightWay, but I use their recommendations as a guideline. If you would like a list of vendors that specialize in trade stations, take a look at the following: http://daytradingstocks.com/tradestations.html CharlesTrader

The book reviews basic technical analysis with emphasis on breakouts from triangle patterns. A beginners book at best. The book is used primarily as an enticement to join the trading chat room. CharlesTrader

Take a look at this web site for good recommendations on multimonitor specs: http://www.paritech.com/us/workstation_guide.pdf CharlesTrader

He makes most of his money in the early morning volatility (first two hours of trading). He looks for breakouts from triangle patterns. That is the core of his trading style. CharlesTrader

Take a look at the following: http://www.greencompany.com/mark-to-marketaccounting.htm

You can apply Fibonacci Retracements in Stockcharts. At the bottom of each chart, click on "Annotate". One of the buttons at the top of the annotate chart is a Fibonacci Retracement tool. I use StreetSmart Pro through Charles Schwab, which is the same program as CyberTrader. Their simulator...

I don't use Lycos LiveCharts. I do use StockCharts.com. My primary interest in StockCharts is their Advanced Scan Engine. I use this to setup my own criteria for both swing trade opportunities and day trades. For Example, I may look for stocks that have the 20 day SMA above the 50 day SMA...