Search results

I'll second that (or third it :) ). I've spent years working on mechanical systems. Most of the conventional TA wisdom isn't worth squat. But it has sold countless books, magazine articles, seminars and web site subscriptions. g

I trade around my system, but over the long run, it has cost me profits. In the short run it often feels right and reduces the stress level. I will sometimes allow entry levels to pass when it looks like I can improve on price. More often I exit sooner than the system when it looks like...

Correction: that should have read: You CAN'T cherry pick the trades. g

Wally, Be patient. Don't go in too soon. Use a limit order to catch volatile selloffs. No stops, except for very wide volatility based stops. Use a very large database and only take the extreme setups. Use a profit target to get a great win/loss ratio and accept that losers will...

See my sale on eBay. I have the Holy Grail and am taking bids. I can't guarantee it will work for you, but it IS genuine, bonafide, the real-deal. Actually, I have several to sell, so make me an offer. g PS: no backsies...all sales final

least evil, but obnoxious as hell. There's a great example right now, with one very loud-mouthed ego-freak who has managed to disgust everybody, so now he posts to his thread all by his lonesome and nobody there to listen. Pathetic, but common. g

Patience...wait.

:p

I've got it worked into a mechanical system that is quite good. You have to endure an occasional serious DD, but it still has the best equity curve I've come up with in mechanical systems. g

No. :) I just found this thread. It happens to be my dominant trading method...more or less. g

This is a great pattern/setup, but few people have the guts to play it. You can't escape some serious DD's even though overall win/loss is great. I'm glad it's not attractive to most traders. g

But surf, the cash index broke below the lower channel...why didn't that trigger a short? g

I think he is going in INDU not YM. Not exactly the same. g

surf, I was watching your channels yesterday and it looked to me like the lower channel was breached at one point. Did this not trigger a short trade? I'm sure I just don't understand the rules of your system, having not read through all the posts here (there are so many!). Have you...

I spent untold hours playing Air Warrior, War Birds and Aces High. Too much fun. But I'm getting old and slow and losing the edge. g

What a silly, useless comment. Kinda like this one. :p

1984-type double-speak in full flower. Question is...can we turn back? Frightening administration...end justifies the mean...lies flow freely....that old 'liberal press' seems nowhere to be seen. Neocons and whacko right wingers in full control. They may stop at nothing to maintain...

I think we'll see Bush's approval rating at much lower levels before the next election. Don't know if he can be beat, though. g

SO, SO TRUE, Smitty. Having spent several years woodshedding with the wonderful TechnifilterPlus (EOD only, darnit) has been such an eye opener. I am amazed at all the conventional TA wisdom that is still so highly touted that is just worthless. So many newbies get screwed up by believing...

I once heard Rush Limbaugh tell this long rambling story about grocery carts...never mind the details...it was stupid, but the punchline to the whole silly thing was this: Rush said that he had to agree with his wife, that 5% of the people (like him) support the other 95%. Now, do you have...