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  1. K

    Trend Following for Idiots (Order Restored)

    Steve... don't you know there is no such thing as trend following? You should probably know this... its fact. Speaking of trends...
  2. K

    long-term trend-following large markets

    Wow that is some dense material. I have never read an academic study on the markets, though except for some abstracts (that were actually rather long as well). I am reading it... half finished because my challenge for the summer has been to read something new every day. I don't have a...
  3. K

    The basic dilemma of a typical beginner

    I never knew money management before I started trading so you are way ahead of me when I started 1.5 years ago with pure technical stuff... I had a mentor that recomended a few things to me initially that were really of value that for a long time I didn't pay attention to. I hope you use...
  4. K

    CANSLIM - RIMM like Boom

    CANSLIM revolves around buying stocks at the beginning of a bull market. Wait another 3 years.
  5. K

    Pullbacks / Bounces in the market

    Aha. FYI, I have not been live trading for a while this time around. I took a hiatus to get my discipline under control. Had a few good trades here and there when things were 100% (mainly some great ones in february) though and have been doing great on paper otherwise. The problem is then that I...
  6. K

    Pullbacks / Bounces in the market

    I do concur with that opinion. However, the PDT rule kinda dictates what I can and cannot do. I have been watching the Scientific Instruments (or whatever that industry is exactly) and the stocks lend themselves to some juicy setups, none of which I can use. Sure I may get lucky on a few and...
  7. K

    Pullbacks / Bounces in the market

    I trade almost solely with the trend when price bars pullback (to go long) or bounce (to go short). In the past 2 weeks there have been very little good setups. I have been getting stopped out a lot and for the first time in a few months havn't made bucks the last 2 weeks. Maybe I am just...
  8. K

    long-term trend-following large markets

    Way of the Turtle.
  9. K

    newbie

    5. Get flamed by ET members. Get ready because it is coming... PS... I don't know much about creating systems so I'd let you know, but I *assure* you that you have no concept over how successful vendor systems are and how long it will actually take you to develop a successful system.
  10. K

    long-term trend-following large markets

    Let me see if I got this right... you want to be familir with other trending markets so that when US markets stop trending you have a backup? I don't know how much capital you have... but there are almost always industries, subindustries, etc. that trend even when broad indices are not. Then...
  11. K

    Technical Analysis Doesn't Work

    You said it yourself many many times. Money management. No method yields 100%. You yourself said that money management can alone produce a successful strategy. Ok, now add in some other variables including some analysis of price and volume that allow you to take a stance in the market where...
  12. K

    Subprime woes spread to loans; stocks next

    Apoligize my ignorance in economics, but, if there is less money in real estate doesn't it have to find other forms of equity, ie stocks? Also, since the break in the bond trend line, as yields go up and so do interest rates, I do agree that eventually there will be a turn in the market...
  13. K

    charting for sectors/sub sectors

    Tc2000 has hemscott industry groups that show their grouping of industries + subindustries.
  14. K

    Giving away trading capital

    This actually sounds really cool. For a while I "interned" at a hedge fund under a trader that i respected. He knew what he was doing... the problem was he didn't care enough to share it with me. Not the greatest experience that I've had... Much more happy trading/learning on my own. I...
  15. K

    Technical Analysis Doesn't Work

    Just to let you know (im sure you already know this), you don't need 50% to make profits.
  16. K

    Technical Analysis Doesn't Work

    I believe Mark Minervini traded almost exclusively based on price action. Richard Deniss was 100% price action. And yes, he was a lone trader for the most part, but opened an institution for a while that did fairly well. I am not an institution aficionado, so I really can't tell you more...
  17. K

    Technical Analysis Doesn't Work

    So you want someone to prove you wrong and give you a winning method? I have not been in this game a long time, but as long as people like you are around, the basics of making money at this game will never change and there will always be opportunities for people that work hard and have open...
  18. K

    Go back to school or continue trading

    I am nowhere near as profitable as you, but am also 19. Didn't know we had so many younger guys around here... I would definetely stay in school even if I was making 100 K + a year. Shit... pay your way through an Ivy if you can keep making that kind of money. Get tons of contacts and...
  19. K

    Summer Trading

    Not explaining these trades... posting them so a friend can see.
  20. K

    F'n Cramer

    You blatantly have no clue what you are talking about. One data set gives no prediction of the future dear watson. Drawing a chart won't make this true. And Cramer's article is actually pretty decent... I don't see a fault in it for what it is. It's not meant to be geared towards...
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