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Nasdaqmadness, that is the funniest post I've ever read on elite trader. Runningbear:D :D :D

Nothing in the universe is truly random. If it was there would be no such thing as cause and effect. People are confusing chaos (the concept of no order, no seeming cause and effect) with chaotic systems. A chaotic system will exhibit trending behavior for periods and non trending behavior...

Andy, Reading your posts is like a trip down memory lane. I'd like to tell you how to overcome your discipline problem, but I will give you an anecdote instead. When I was younger I decided I wanted to learn to box, so I headed down to the local boxing gym. After working out on the bags...

Savage, Without content, you've got nothing to read so why not share something informative and enlightening which us before you slag of others who are trying add something constructive here. Figure it out dude. Runningbear

Do a search on amazon. There are some good books there. Runningbear

It's www.wealth-lab.com Runningbear

Stocks and Commodities Mag published the turtle rules and EL code for currency trading a couple of years ago. Have a look at these links http://store.traders.com/v19836tradtu.html http://store.traders.com/v1554quicsca.html the code is very simple long - high greater than the high...

I used to use these all the time. I traded a system that established a breakout from initial range. I'd place a contingent buy order and a contingent sell order either side of the range, and just wait for one to get hit. I'd then cancel the other one and simply manage a trailing stop until it...

Htrader, This may not be a smart option, but I know people who have set up bank accounts in hong kong and transfer money in and out of those accounts without paying HK tax. They are not americans though, and I think for tax purposes they are nomadic. Im not sure how this would apply to...

aphie, The time frame is not relevant because it gives you a false reading of force in the market. If in the first hour of trade, 1,000,000 contacts trade and you get a reading of +30% for those 1,000,000 contracts, you have a lot more upward force than if you got the same reading during the...

Aphexcoil, If you're playing around with these types of indicators, then give some thought to an indicator that measures the volume of contracts sold at the bid minus volume bought at the ask. This to my way of thinking is the only effective (non lagging) indicator you can ever build. It is...

Im sure there are mechanical trading systems around that could get you .5 a day on average, but they would be unlikely to be scalping systems, more likely swing systems. And drawdowns in the area of 15% of capital would also be expected. The more you trade the more difficult it becomes for a...

copyright lasts 100 years I think. I have all three books but not on PDF The Smitten book is a biography. Its interesting but you won't learn much from it. Reminisences actually has more useful trading info than 'How to trade in stocks'. Lesse wrote it when he was broke, and I think his...

Jesse Livermore started trading at about 15. He was a millionaire by about 21 I think. Thats at the turn of the century. Buffet started investing at about 15. It pays to start young. Kids learn things much easier at that age. I have been teaching my 5 year old nephew karate for about 2...

I spent a bit of time stuffing around with this type of thing for a while and I will tell you staight up. The trailing stop / let it ride approach will give you bigger gross returns. The profit target approach may give you a smoother equity curve but will not make anywhere near the type of...

jboydston, Would you care to share the details of your system with us. If you do not wish to reveal the code, could you at least give us an overview of the basic rules incorporated in the system. Cheers, Runningbear

It is quite possible the dow could achieve all those price points in the next 12 months. Runningbear

Darkhorse, Are you trading stocks options or futures? Runningbear

For trading index futures. Entry - breakout from a high higher than the high of the previous two trading days. A) Exit - break below the low of the previous day. or B) A point pull back from high based on % of Average Daily Trading Range for the last five days. whichever comes...

Getting back to the original topic. Anna Nicole Smith is starting to look a little like Elvis in his latter stages of life. They are going to need a wide angle lens for the porno. Runningbear