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js1257: Here is a link to MM. http://www.murreymathsoutherncal.com In Mr. Murrey's words, If you can not make this system work, it is because of pychological damage from childhood, and your current personality. Ten percent or less of seminar attendees are successful. The feature that...

MurreyMath Trading System

Qcharts has a feature that I can not find elsewhere. I use point and click with a broker. I draw retracement lines(100% divided by 8) I shift, and drag this trading octave to fit the current price action. I know when I will enter and at what price. I know at what price I will exit. I...

Some brain storm. First, information for inquirers. I believe many need to learn about sticking to a plan to reach goals. Identifying weaknesses, capitizing on strength's. How it takes personal dicipline to change habits, and your thinking. That, "under stress the average American is...

Warlad: I am also fairly new. I believe that a trader should focus on consistency. I like to relate trading as a high-risk activity as in an individual sport. If I were to use a team analogy, I would be susceptible to team influence. LOL(I am impressionable, and that’s when I make...

Thanks Squirrel, MJT, NEO, for your input. I will be try to get the current win98 running more effecient, until I receive Win2k. Jeffrey

I run a Dell laptop 500 mhz motherboard with 256RAM, upgraded from 128RAM ; 12.5 hardrive Currently runs with Win98 operating system. Win2k on the way. A year ago, and ($3,500), when inquiring about a new computer to trade from, Dell told me that this laptop would run 8 programs with no...

Thanks, Dustin

It would be a service to rookie traders to interact with professional traders(visitors) in the rooms as mentioned clearifying How, and Why, of entering/exiting positions along with management of a position. Example: If a trade was called 6 month's ago, following a trend, a chart should be...

I have also given Waxie's site a try. During that week trial, on March 2, 2000 I'm pretty sure, Waxie had intered the chat room and called CIEN for a short. Apparently, a member questioned the price action because it had moved in the wrong direction the next day. Waxie posted a message...

Chatrooms are discussed in the following thread. You will find some posters experiences. http://www.elitetrader.com/vb/showthread.php?threadid=874&pagenumber=1

Sterling: You may look at VIAN last August 30, 31. It was primed for a reversal. Then after hours August 31st, Earnings Warning gapped in down from 14 to 8.88 I'm sure many, turned into investors, an look where it took them. Current support, 2.34 Usually on bad news, and especially...

I believe in following the #1 rule capital preservation to keep your losses small(money management) I think we all(rookies) hear, and read, this over and over. Yet in reality we subconsciously place the number one rule second. When you consciously ask yourself what the number one rule is, you...

The price hit the stop loss. Profit 1.25

TLGD: Now that the price action has punched though the first PT of 25, I will set a trailing stop just above at 25.25 Jeffrey

Zboy: I only looked at the decreasing volume of the last two days to surmise that the bulls order flow has run out of steam. And, as you pointed out, if there happened a breakout hitting my upside trigger, I would check my 4 minute chart to confirm an increase in volume.

TLGD: Now that the price action has moved in my favor set trailing stop loss to break even. Then trail to price tartets 25, 23.44 and 21.88

TLGD: Previous price points to react are only a paper trade for learning a strategy. Jeffrey

TLGD: Now it looks to retest now resistance at 26.56 Time to short, and set stop just above at 26.75

TLGD: Price action hit target of 26.38 to short