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OilXPro In June 2004 I went to a trading expo in Chicago (If my memory is correct). After one of the presentations at the expo on trading stocks was complete, a trader next to me stood up to ask this question. “…if markets only trend 20 % of the time, then trends fail 80 % of the time...

Hi Lescor, I Just wanted to say thanks for this thread. I read it from the beginning and found it very informative. I hope the rest of the year improves for you after your first quarter. We all have some of the same issues with the markets. I trade my multiple strategies with stocks in...

Here are some reasons: http://finance.yahoo.com/news/GEs-profit-beat-fails-to-stir-rb-143198137.html?x=0&sec=topStories&pos=5&asset=&ccode=

Nice Call :p

Believe me I have the same concerns you do. Having restored a number of P.C. Hard Drive failures, I understand the PC Operating systems weaknesses. This winter I ran across an interesting website, but was not able to continue with their ideas. I have it on my to do list to check it out more...

I have been through 1000s of disk recoveries on Main Frames and 8 times on PC’s. There are some ways to get around some of the problems. The primary problem is we on PC’s don’t have the advanced scheduling systems that large computers have available. I use Acronis True Image Version 9...

Before I retired to trade full time I was a Data Base Administrator. RAID was introduced by IBM to allow pairs of disk in arrays to place the same data one more than one disk. Hence the term RAID - this means Redundant Array of Independent Disks. IBM programmed these disks to do things like...

Great Flick! LMAO

So… you are some kind of super trading Guru who is posting here to set us all straight on how we should be trading? That is hard to believe from a newbie who has 22 posts and just joined last month. I can’t wait to tell the wife that you said the the trading profits that bought our...

Excellent Post… Another way of saying this might be that my indicators work far better than anyone else’s because they meet all my goals and objectives. And so the 30+ indicators that I have built all meet the specs of my trading plan.

It is often easy to spot those who have never traded before (I am not referring to you). Newbies for example have some distinct traits. One trait that comes up over and over again is they reek of fear from what will come after the price bar on the hard right edge of the screen. Veteran...

Some kinds of momentum trading use “… trade when a security is making new highs…” These can work excellent with a tested entry, a good volatility stop and well defined target. I did very well with momentum set ups during the late 1990s when the market went vertical. It does not mean...

Articles like this one are well written and give an investor the feeling they can tackle any market at any time by only picking up on hot momentum securities and they are off to the races. This type of article has one major flaw. They are all written with hindsight. They all tell you what...

Richard Driehaus the Chicago money manager did not like the old stock market adage of buying low and selling high. According to him, "far more money is made buying high and selling at even higher prices.” He was the one they claim started momentum investing with that statement. But there are...

-1 Googol All countries/civilizations since the world began start out in chains, have hope of freedom, fight for their freedom, gain their freedom, enjoy their freedom, take their freedom for granted, abuse their freedom, and then lose their freedom to end up back in chains. The U.S is...

After you have traded for awhile you will see the winning and losing percentage become irrelevant if that is all you are looking at. They really only have meaning when combined with the average winning trade amount and average losing trade amount in the expectancy calculation for your strategy...

Fifteen years ago when I started writing automated trading systems the initial capital field was in a widely used field. Back then stock trading systems were a big deal to try to convert investors to become traders.The primary purpose of initial capital was to show the investor how to compare...

When I started working in the early 70s the term “edge” was widely used in general business (that is long before trading took on the term). It originally came from the fact that a business had a big advantage over its completion because of things like innovative products or successful...

I am retired. I trade as much as I want to or don’t want with automated systems I wrote and I occasionally do some discretionary trading. What is nice is I can do what I want first such as golf, tennis, fishing and painting before I starting the job of trading (no way around it it’s work)...