Search results

Just an FYI... any trader who is successful in trading most likely is not looking to take money from you for lessons. The ones that are good don't need money...

I think what you meant to say was that from one instance to another instance, there is a greater chance of continuation rather than change. There is actual proof that markets trend about 30% of the time from what I have read. I think it's just a difference in phrasing though.

Regarding Jack... I have contacted him. I do not know if he will be interested due to health reasons (not my place to speak). Last I heard, he no longer does the Tucson meetings - I've been to one about a half a year ago.

Thanks Surf. Appreciate your help as I have already told you. How do I get in contact with james altucher? I tried doing a search on his email and couldn't find anything. How do you know these speakers would be interested?

I don't really know what to expect when posting this message, but what the hell let's give it a try. I am already full aware that most traders don't prefer to do such things. Basically, I am looking for anyone in the business who is not a salesman who can give some actual advice to college...

Going back to 98... when he thought the market was done and he panicked... very next day it reversed. Is this is a buy signal? Haha... j/k..

Buy high valued growth stocks for a long term play? So... in case the stock market does potentially swan dive (not saying yes or no.. in fact im out of the market right now), that way he can lose everything when high P/E's come crumbling down. Great... Or... buy an "undervalued" stock...

Better yet, why not game a stock with a clear direction?

No real background to tell you the truth. I have always got all my jobs by simply talking... Long story short, he was doing a guest presentation at a club... I introduced myself, we talked, and had a lunch. Pretty much the same way i've gotten all my jobs - a mix of luck and social skills.

I currently have an "internship" with a hedge fund that hasn't really been working out. A lot of promises have been made, but long story short, little has been followed through with. I am now friends with the guy I work with so this makes this a little harder... but now he is saying that he...

Not at all. Not what I was implying. I just try to post that disclaimer near all of my posts in case anyone takes me too seriously or follows me too closely (not that my ego is big enough to actually think this will happen). I don't trade futures but I think I know what you mean. Are you...

Thanks, I'm by no means an expert. I do know what a trend looks like and how to follow it, though. I'm surprised at how difficult this is for some people. Unlike you, I dont even attempt to fade support... if I don't think it will hold, I will just leave it alone (I dont have the skill to...

Please don't categorize all people into one group. The thought had never occured to me to use the VIX specifically for what was mentioned. It was novel to me - not to you clearly - but I havn't been around for very long.

If I may take a stab... you can use crossverification...IE many trend lines intersecting at one point, in a strong industry, in a strong market, near MAs, price expands with high volume pullsback with constricting volume (and doesn't reach previous highs). Pay attention to narrow range bars near...

I just want to say that what the poster did I was guilty of myself 10 months ago. I read a few books (mostly on fundamental analysis... go figure) and a little on TA and boom - thought I knew how to fade momentum stocks. Well... all was fine here and there for a few months. Did not make...

Hey great post jeff. I never actually thought of it that way... Unfortunetely I'm not working with 25 k yet so I don't have the opportunity to stop swing trading. I do tend to be better in steady trending markets... although there is almost always an industry that is steady and trending...

I completely agree... I have gone cash today after being stopped out on some positions. Wait a week or so... there are many oppoirtunities setting up to go short. Hopefully the market follows through and we get the break... You arn't in this for a day to day paycheck are you? No reason to...

Not trying to flame, but for the last 3 years unless you love buying/selling within a range... what was the reason for owning/selling the stock? If the base gives out, this thing could tumble very far. Of course, wait for the bounce before shorting unless you are very short term, but there...

Yes, Connors has a lot of system based on short term overbought/oversold mainly applied to futures markets as I remember. I'm not going to really argue on this point, just point out that I am talking about major trend and not 7 day reversal systems. I do not have proof other than anecdotal...

The market is not entirely a set of independent events so your coinflip analogy is completely off. If I buy a stock that has gone up a lot in the past, does it mean that we increase our chance of going up in the future vs a stock that has only seen new lows? You can answer the question...