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"any more updates on Powertradesignals? Hi Newbie: I enjoyed reading about your progress with powertradesignals.com. I was just curious how you have been doing the past month, and if you are able to match the impressive website results. Thanks for any info." Vikesfan- The system results...

I found another website where systems are going to be given for free. Makes me think I'm getting ripped at PTSignals for their system!! ( I'm only up about $2,200 in 2 1/2 months) This new website sent me a HUGE report with sytem rules on trading the SP Gaps fro free just for checking out their...

Check out this link to Larry Williams. you gotta give him some credit for at least addressing a lot of this. http://www.larrywms.com/Critics.asp

Here are their results from the webiste.... Performance since November 5, 2001: During this time we have followed and discussed 82 trades. Of these 43 produced a gain, 39 a loss. This gives us an accuracy rating of 52%. Our point gain for this time is 23; an average of $1.21 per day for this...

These are the markets I am in with them and the new orders. <b>TRADES FOR 12/07/01 UPDATE ACTION</b> We went short March Corn at 216^4. We went short January Crude Oil at 18.38. We went long the March Australian Dollar at .5167. <b>OPEN POSITIONS:</b> Sugar – Long March from...

powertradesignals results I closed November +$1586 while the service closed out $11,455 for the month. November 1st they closed 2 trades that they held from the beginning of October for almost $9,000. then on the 2nd they closed a Muni bond trade originated in October for $1900+. Unfortunately...

This must be a new concept then I guess...... I agree you must trade every stock on it's own merit...... let's say then that QCOM is trade #1 with the $3.50 stop and T is trade #4 with the .50 stop....... WHO CARES!! The principle still applies that if you have a method that produces 2-1...

By trading the same shares on every trade- you commit the error that I did...... unless you use the same exact size stop on each trade..... you are asking you wider stop trades to do more work for you. By risking the same on each trade-no one single trade has more importance and impact on you...

It was just a gross hypothetical example....... you could actually have all 4 trades opened at the same time. It has nothing to do with a "system" it has everything to do with position sizing. You never know which trade will work. In the above example given-even if you lost on all 4 trades-...

(I posted this link to the money management thread-but that one is too long and might get overlooked. I think the idea in this post is crucial to understand. I quit stock trading because I didn't understand this and went on futures trading because I understood the fixed ratio method. Any other...

I just realize one of the major reasons why I lost so much dough trading stocks last year..... position sizing. I have a buddy who subscribes to a chat room where they pound this idea more than they pound the stocks calls themselves. He showed me that you can be -$2.00/share for the day and...

But it's spelled grammar......

Here's the new orders..... so those of you interested can follow so you don't think I'm making this junk up. I will do this occasionally to help you monitor if this is crap or not....don't want to get busted since I signed a non-disclosure agreement about giving the signals away. Every day that...

Below are his fills. I actually got a better fill on the Cotton trade and the Crude Oil than he did but he did better on the Wheat fill than I did. Crude was a home run for me so far..... Cotton and Coffee haven't worked out...... The crude order was to sell Jan Crude at 20.88 so you can see...

The moderator asked that I keep my promise to post the results from the powertradesignals website....... I copied them off the website for my first few trades. I'm not supposed to copy them....but oh-well, they don't know my first name anyway :) 11/09/01 UPDATE ACTION We were stopped...

On a 30 min bar chart, using an 8 period fast stochastic. When the stochastic reading rises from under 15% to over 50%, place a buy one tick/cent above the high of the bar that produced the over 50% reading. Vice versa for short. Stop can be LOD or low of trigger bar. there you go-...

Anybody have a preference between these two? What are the pros and the cons of both.

I wish I could take credit-but you'll notice I copied the article from a web site as stated in my first posts first paragraph, after doing a search on google.

I always hear what's good about them..... but never what's bad. Aren't these just shops that allow you more leverage, yet your money is a t risk? Why not just trade futures if all I want is leverage? Here is an article I found on the web: Proprietary trading firms offer traders attractive...

I like that formula..... my only concern is.... If I'm trading with $100,000 and my biggest lost is $5,000 and I'm not willing to risk more than 5% on any one trade.... the most I can trade is one contract. I will need to wiat until the account is double at $200,000 before I can increase to...