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Why can't you leave this thread and create yours? How much have you made/lost in the market this year?

It's obvious that you are one sad soul! This thread is not yours, you are free to create one!

Perhaps you should create a thread to surpass my performance. FYI: I trade for a living. I am not caught in "rat-race".

Big mistake on my part too for creating this thread on ET. I should have done that somewhere else. I will post my trades as promised (till December ending) and leave the board.

Stay around, I will post my picks as soon as new positions are initiated!

cnms2, Any update on Bernie Schaeffer's contrarian trade - VZ?

Thanks so much, cnms2. I consider DMI the best indicator ever developed in the trading parlance. I should get back to trading this week.

I'm curious to know why you need pricedata so big that you could not download it online; are you trying to backtest a trading system? Why backtesting when you can paper trade?

NOPE! if you are like me - objectivist- you are not likely to gain anything from the book. I thought as much.... I think as a twist to your technical approach, you can weigh the daily trend in light of the weekly, and intraday in light of the daily. However, you'll need to establish rules for...

Do you have Futures trading video and manual by Larry Williams on how he made $1M from 10K, and within 12 months? He stated some probability of occurences in SP500. I want to take a cue from that...MACD is a good indicator and its divergences are more reliable than Stochastic. However, MACD is...

Good thing that you're not recommending options play on LYO. This stock is range bound with no end in sight!

cnms2, I advise you add Wilder's 14-day smoothing line to your chart and watch the effect.

CVX is a good candidate for my short play. The intraday is suggesting an impending move to $59/share. But since my trading goal tends to growing of account, and not just for profits, I'll not follow this short term rise. I will, however, initiate a long position when there is a shift in...

I got your drift! But, in our unemotional state, we are still propelled to trade by a psychological factor which cannot be outrightly divorced from emotion, albeit based on our trading rules. The bad side of emotion is its tendency to make us believe so much in our decision. We can readily...

I don't rush to trade after taking a loss, no matter how small it is. Losses, to me, implies that something is wrong with my mental frame at the time the losing trade was called. So, I try to calm down while staying away from the market. I admire your courage and disposition towards the...

Problem with VZ is that uninformed technical traders would think the stock has bottomed and thus keep buying, the resultant effect being that the stock would systematically go up and then trend sideways after some time. Daily Chart: Downtrend mode Weekly chart: undecided intraday: uptrend

Wise trader!:)

That sums it up!

So, are you saying there's no time value on ATM and OTM options? You sure have something to share with us. Forumites are watching!

I don't think uninvited_guest has anything to offer than his invective. He could as well open a thread and post his options plays.