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clarity. not uncertainty. bread and butter. don't try to get cute before you're an expert. this stuff is not as hard as some of you want to make it.

I definately intend to help in whatever way I can. drills baby. drills. drawing P/V channels both in hindsight and real time. over and over and over.

spyder, how did it feel when you first realized (in futures) that you could make money virtually at will with no drawdown? (and I don't mean "when did you know that you could"? but rather, what did it feel like when that knowledge turned into actual facility in trading?) Because I'm...

the market can not migrate to a place where there is a flaw in it's path. dime turns no longer appear to be.

(prefacing this with disclosure that I'm not making this kind of money...) Nevertheless. If you look at the avg. HI/LO of the day and consider all the traverses price makes within that range, then you are looking at an insane amount of money available every day all day (excluding the time...

something I've started doing, and it has been helping me thus far, is that I actually take off volume from the screen I then look at cumulative volume and then plot the readings every 5 mins on paper. looks kind of like this, (not based on actual data) 130k @ 9:35 150k @...

thought I would share my Final Universe with y'all. http://stockcharts.com/def/servlet/Favorites.CServlet?obj=public&cmd=show&disp=RNA I enter stocks on an EOD basis AFTER the BO has occured. I'm not annotating buys and sells, however, I will be daily updating the charts of stocks that I...

Larry Harris, trading and exchanges

having your money in a market that is having price change is the only way to make money that I know of. (i don't do options). Therefore I would only be sitting out if I thought there would be no price change in a market. I think 8 days is more than enough time to capture a 20% price move...

spyder, how soon are you able to spot an FTT? The soonest I'm able to spot them is when we have a volume increase in the NON-dominant direction... is that what you're doing? I'm assuming that you are also using some PRV checks to spot the FTT even sooner INTRaday rather than EOD.

we reduce our market risk by waiting to act until we see money flowing into the stock (either to the long side or the short side). acting before this occurs is far more akin to predicting...which we want to avoid. prediction increases our own risk, anticipation based upon NOW (volume flow...

i entered GROW this morning fwiw, following my EOD signals from yesterday. currently trailing stop at 30.28.

i think the reason foible may be making his suggestion is that SMSI is now making a point 3 intraday, which is a safer place to short at using a tight stop than where you did earlier.

trying out some shorts, using macd/slow stochs as triggers. short chap/knot/anen... from the open w/ a 5% trailing stop off the lows reached.

did well on ILMN today. (signal for me was 10/16) entry on 10/17. explosion on 10/18, bet if i was trading 100k shares i'd hear from the SEC yeah?

a pretty low risk trade would be to watch (on the daily chart) for the simultaneous or near simultaneous occurence of the MACD flipping positive from negative and the Slow stochastic fast line crossing the 80 line and the fast stochastic fast line crossing the 50+. Throw in a volume level...

brent, use "jack hershey, grob109, bubba7" (all the same person). do searches for posts by this individual use him as your mentor. (he doesn't post anymore, but the amount of work he has put up on ET will serve as a mentor bot). you don't have to wind up trading the way he does, but...

you are making the assumption that drawdowns of 10% or more are necessary... i do not share your assumption. nevertheless, my commentary still stands. If your testing shows a 10% drawdown in the past, then there is NOTHING preventing forward results from netting back to back 10% drawdowns...

you are falling into the trap that 90% of people fall into: substituting a lack of skill and experience in trading with a rote backtested overlay. don't fall for it. don't make that mistake. The fundamental way you are approaching trading won't work. lesson number one: if your...

to the Original Poster: You MUST look at your losses in the proper light. it is not "money well spent" it is money poorly traded. that's it and that's all. whatever approach you are taking to the market isn't working. you have to change the approach at a fundamental level. most...