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Ang 99, well, I'm not against stoplosses; if you are stoplossed out on a gap play then a gap has become a trap. But yes I'm with you on becoming a better trader for anyone who wants to become a better trader.

Gap strategy by itself is very primitive. You can easily mislead yourself; thats why gap and trap rhyme. But nevertheless it could help in a learning cycle to become a serious trader. Now gap data is still an essential if side element in my system consisting of a number of elements ...

.. but today Thursday DOW 10400 and some. :)

My way is to pay no attention to the trend. Who can say what it is any way? Is it it going up or down: long term, medium term, short term, this week, next week or for that matter the next half hour bar? What a burden? The day is what counts. Intra-day: here and now. What the market is...

"..shower, shave, check the mirror, grease the hair, put on a yellow suit....." Or put alliteratively .. .. a shit, shower, shave, shag and a shampoo.

Set up a futures market! You'd get buried in gigantic sh*tloads of regulations and bureaucracy before you even got to base one.

OK .. in actuality for Wednesday circa 10330 the DOW top. Quite satisfactory for most .. nevertheless.

Pretty much mundane sound stuff from Greenspan. The rate is going to go up, sure .. we all know that. And when is does, does a quarter on such a low current base rate of 1% amount to much more than diddly squat? Corporate profits are steaming ahead and CEO's will for next year or 2 be...

Beige Book bullish anecdotes ahead and the Dow to 10400+ today. Yes?

No, it is easier to make money with bigger capital. However it may not be as easy with a mega massive sum applied to a market which could not provide the liquidity to support such huge play particularly if it was intra-day or very short term play. So IMO it is still not about a given fantasy...

"Here you have touts every 5 meters offering you sexy ladies" .. plus a multiple dose of lethal AIDS. Oh yeah its the sort of service I really need to have. :eek:

The point is not to get some fairy land $1m to trade with but to trade your way up to $1m and beyond. You need to learn how to grow whatever you've got into a much bigger sum .. that is the name of the game, period. I can tell you that making the dough is damn sight more satisfying than...

GI=General Induction

WannabeTrader27, I will answer your question very basically .. KISS. The data you need to assemble is the open, close, hi & lo prices (rows/columns) as a minimum for each day, say for the previous 12 months, for the market you choose. Simple seemingly. Start you analysis. Start sorting. This...

The American authorities in Iraq officially disbanded the Iraqi army soon after the main war ended. It was idealistic, foolish and extremely naive If they are recalling Iraqi Army officers now thats sensible but far better if the whole Iraqi army/armed services had been embraced at the...

I am for Bush and am still for Bush. But Iraq has been a gigantic fu*k-up in execution. There should have been a provisional govt put in charge from day one once the coalition had occupied Iraq. The Iraqi Army should not have been stood down .. what folly! It should have been put at the...

The trick is thorough data assembly (prices, timings, etc) for the market you choose. Best choice: where the profit potential is gigantic (ie the zero sum markets in index futures). Study and analyze; SPEND TIME doing this. This is lengthy, hard, devoted but absorbing and compelling work. You...

"The best way to become rich is .. Anonymously." BlueHorseShoe Exactly.

Reference China "How does huge evacuation impact trading?" .. for USA markets. Don't amount to diddly squat.

You've come back before you even managed to leave.