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    The English Patient

    Preference, taste, style etc., are traits that differ from one individual to another. Comfort level and faith in a particular trading setup differ from one trader to another as well. If we take the members of the MTA (comparable to the academy) and ask them in hindsight what was the best...
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    The English Patient

    This thread has a lot to do with trading. Just wait and see :) Anyhow, going back to watch the hockey game. Got to love game 7 ;-)
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    The English Patient

    Best movie of year back in (I don't really remember when). I'd like to know how many of you watched it. How many liked it, and how many didn't. Please tell us. The point of this pole is nothing more than show that the best is not always the best ...... FWIW, I was dragged to the...
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    the start of the new BULL ???

    Now at 57% bearish sentiment (votes for 3rd and 4th option). looks like the late money is coming in on the bulls :) Maybe the squeeze is done .... As to my opinion, I simply don't have one. I will take what the market gives me on a DAILY basis :) Trade Smart! Tony
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    Using Oz Scans

    Unless you want to incorporate a DISCRETIONARY trading methodology into a MECHANICAL SYSTEM. I personally wouldn't do it because I'm NOT comfortable with it. But you said that you are comfortable with it, so I guess you will need to test it out. But, again, I would recommend real-time testing...
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    some of the Market Wizards are taking hits.

    I couldn't say it better myself!
  7. T

    the start of the new BULL ???

    So far 67% bearish sentiment. Market can squeeze higher :)
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    Using Oz Scans

    The original version was developed in the late 80's. It was not a real-time scan like it is today, but me looking at stocks which traded down three days in a row or more and look for them to have a first up day. No computer was used. I did it all by hand. It is amazing how easy computers and...
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    A no-brainer day!

    I thought I was the only one walking in these shoes. LOL, I should have Jodi read this.
  10. T

    Using Oz Scans

    And so will Real-Time testing and it will be a lot more accurate for your OWN discrtionary trading system :)
  11. T

    some of the Market Wizards are taking hits.

    After speaking with my attorney this morning about the legal aspects of this idea, I was advised to let the idea go. Some implications of posting real-time open positions and charging subscription fees even for a good cause had him very nervous. Since I wasn't thinking of doing it for...
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    Using Oz Scans

    The average volume constatntly changes to reflect current market conditions. The same is true for all the scans. The Oz Scanner compares every minute to every minute. RealTick has in its database the volume for every minute of the day. We then apply if volume is greater than x.x% of average...
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    some of the Market Wizards are taking hits.

    Huh? Why this restriction. A retail account allows for 4:1? Because a disaster can happen when leverage like that is used even on ETF or holding 12 stocks in the same sector. Remember, we cannot have more than 35K in one stock, so I don't see a reason we will need 400K in buying power...
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    Using Oz Scans

    3
  15. T

    some of the Market Wizards are taking hits.

    Because I don't have the time to do it this year. I am committed to training my 18-year-old brother to become a stock trader. He starts next month. Consequently, all extra time that I have is devoted to teaching him. I don't have extra time to narrate my trades every day and post them on the...
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    some of the Market Wizards are taking hits.

    Will you be interested in the following equity trading challenge? Start fresh on 1/1/03. 100K account. Maximum position in one stock not to exceed 35% of equity (unless ETF). All profits are swept at the end of the week. No adding money if down. No options futures etc. Stocks only...
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    Using Oz Scans

    New Kid has done well for me the last 6 months and also Sky Scraper, Knock Down, Usual Suspects. I take NYSE trades maybe 2-4 times (days) a month. But what really worked for me in the last 18 months, as I said in the meeting at Day Traders USA this last weekend, is simply being extremely...
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    Using Oz Scans

    1. I don't know, but last I heard it was well below 10000, although the number is growing every week. 2. I don't know, because every day is different and I don't know how many stocks come and go throughout the day. I can tell you that at the end of the day today, there were 64 stocks all...
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    Using Oz Scans

    Oh yes, now you are talking advanced trading methods :) Check out SCIO on Friday. New Kid setup in the morning. Reached resistance on 10-day 30-minute chart. I saw weakness...and I took a short. Placed a stop above the high of the day. And ... Kaboom, she tanked hard. In other words...
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    Using Oz Scans

    Without making any promises, I will be happy to do so once the legal stuff with the publishers is completed. For those of you who do not know this, I only held ONE seminar in the US in the last 18 months or so. Over that same time period, requests for a seminar were in 4 figures. However, as...
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