The only reason we're all here is because the market is dynamic. The bubble presented good opportunities. When it burst it presented more opportunities. Always opportunity.
"I reckon the higher the time frame the pattern is in the more likelyhood of the pattern succeeding."
This has got to be true. It's a simple matter for someone with a large account to paint the chart over a 15 minute time period. It's nearly impossible to paint it over many hours or several...
I think well known patterns are often used by Mr. Volume to dupe the inexperienced trader. Take the cup and handle pattern for example. Price has been rising, then a beautiful round bottomed retrace lasting a half an hour or so tracing right up to the previous high, and then BLAM, the price...
"But for the average trader who trades 400 shares at a time x 100 trades per day..."
I can't imagine trading like that. The commissions would eat me alive, bones and all. Trading like that reminds me of a gambler sitting in front of a slot all day pulling a handle and watching their pile of...
I made one two weeks ago. Noticed the discrepency 20 minutes later and got out for a $30 loss. No big deal in the larger scheme of things. Success or failure isn't based on a single trade.
It's pretty impressive to make the kind of money Hitman was making the past few months. Maybe this market is only temorary. I think it's the market and not the trader. Last summer the market was going down, it turned up in September, it leveled out a five weeks ago, and it's been going down the...
As for how to trade, home, prop, etc.
It's all part of the game, like choosing what to buy and sell, and when. Wise decisions make money and foolish ones loose it (to the wise).
You would use a crossover cable to connect them.
BUT, if your computer is connected to a modem, then someone can come into your computer through the modem line and also share your files.
The way to get around that is to use a Firewall Router. (NOT a hub). You should be able to find one for...
"Can I connect them to each other with a standard network(patch) cable?"
Yes. That's what a network cable and cards are for.
Can also play games between computers.
After they're connected you need to configure the network for file sharing.
All computers are state-of-the-art.
You can build a very fine system for $1200.
Even with two 17" flat panels for about $2600.
Everything else is software, which will run on any pc.
Get error message for Software and Book Reviews
An error occurred while evaluating the expression:
user_agent = #HTTP_USER_AGENT#
Error near line 3, column 7. ..............