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Any TA method that works today, might not work tomorrow, and some TA books that look brilliant today, might look stupid tomorrow. Just read Nassim Taleb's Fooled By Randomness. My advice, read as many books as you can, but don't take them too seriously.

I remember reading an article about a guy who bought all the public shares of an OTC stock, filed some papers with SEC to state his ownership, and still, days after, there was activity in the stock. The guy filled a lawsuit for illegal shorting. People were still trading shares that were not...

Cramer is an investor, while, with only 4 million shares, and a volume of 26 million, this stock is a pure speculation play right now. So, it could go up or down without reason in a blink of an eye.

That I can understand beeing a risk, that the bank will want more collateral. But I doubt the bank will hold onto the loan. It will probably resell it to the likes of Fannie Mae. Again, the only major risk I see is the owners not beeing able to afford the monthly payments, especially if they...

I don't seem to get it. If they can afford to pay the monthly PITI, why whould it matter if their house will go down in value? After all they buy it to live in it, not as an investment.

Good luck finding a resonable 350k house in New York, or tri-state area. Maybe in Montana.

I jugle with three balls and can touch my nose with my tongue.

There is no way around it. You need a finer time interval, like 5min or 1min, otherwise you will not be able to tell which was hit first, your stop loss or you profit target. Usually, strategies that only use one bar per day, will only check for the stop loss and use the end of day for exits...

I never used TS2000, only later versions, so things might be different, but here it is anyway: The + sign, as mentioned above, is used to concatenate strings. For each bar you have to create a string that is written into the file, and in my case, because is a csv file (that, by the way, is...

To collect data from any TradeStation chart, just write a small easylanguage strategy like this: variable: tt(""); variable: filename(""); filename = symbol + ".csv"; tt = symbol + "," + numtostr(date,0) + "," + numtostr(time,0) + "," + numtostr(open,2) + "," +...

Tradestation only places actual live orders if they are generated by the last bar on chart (and of course the strategy is enabled to generate real orders). There is no need to check for that, it is done automatically for you, and the reason is that if you load a strategy for a data stream, or a...

I used automation for some time to trade live, though not in the last six month, and I can tell you that a live order is not sent unless it is generated by the current bar. You might see strategy orders generated when tradestation tries to reconnect, and that might change your position for the...

I was going to point out the same thing. When you say market increases by 10% a year, you usually refer to an index, and index components change, so it is quite possible to obtain that growth for ever.

Oh, I got it! Your original amount invested is lower on the long side. Duh!

I don't seem to understand how the same original amount of shares, at the same price, and the same profit per share can produce a different percentage return. Care to elaborate?

Got the same message, but the html page didn't load. Not that it matters anymore.

You are talking about an investment house, right, otherwise, if you buy a house to live in, if the price drops 25% you still pay what you paid before, so I don't see why would you go bankrupt.

I read Nicholas Maier's book some time ago and I really enjoyed it, and while it was suppossed to depict a dark picture of Cramer, I actually started to like the guy for beeing a dedicated, although an extra-coleric trader, that was making money for his clients (and for himself of course), by...

That is true, sorry for the confusion.

I got the book some time ago and I used it mostly to get EL programming ideas. It is rather difficult to backtest the strategies described in the book since Tradestation doesn't let you use a portfolio of stocks. I downloaded the EL code from tradestationworld.com You can register for free.