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You want to bet me - that I'm not a gambler:)

I wondered if anyone else caught that:)

Think of DOM as advertising (pure and simple) - and you know whay they say about "Truth in advertising" - There ain't any Stick with the inside bid/ask - for an "indication only", and of course the tape (Time & Sales) Food for Thought

FWIW On a kind of superficial conscious level I see what you’re saying about gambling being "like"trading … but on a sub-conscious, fundamental level – I am the most gambling adverse person I know I’ve been to Vegas – and never gambled, not even one penny…., I don’t buy...

First let me say - I am responding with utmost humility What you’re asking is how one evolves to the next stage of trading – treating it solely as a business Assuming you are consistently profitable – meaning you are you making enough to cover “cost of living” and “cost of...

I went through the 7 day Pro trader classes in Texas, and I've attended several other of their events I do recommend them (professional education, that does not pretend trading is easy, or give you a special indicator, or tell you which stock to trade) Ask anything you like and I will...

I agree with Mr R. Rasolnikov Otherwise (and please permit me to use some redneck logic here) Let's assume a trader knew every bit of news in the world - How would he / she trade it? Or asked another way How could a trader, who knew every bit of news in the world, anticipate...

Not sure this will help - but here goes I try to see/ use T&S the same way - let's say - I would see waves rolling into a beach I look for ebs and flows (an "overall" indication) of momentum in one direction or the the other... I also look to see if I can get a feel for price's...

AUSTINP, Great Quote Sir - and I agree with it 100% Thank You

Well Sir - not that it will help but I called two bottoms perfectly today - shorted both :confused: Take Care

Wittgenstein, Thank You Sir HSC.1775 Please educate a Redneck my learned colleague How long must one trade in order to know - exactly what price will do next - so I won't need to worry about loosing trades - and I can eliminate my - "never average down rule" And for that...

IMHO I believe by scaling in and out a person can actually get to a point in the day where they are trading on free (the mkt's) money And once this person does this - they will find it a very liberating experience (stree and emotionally speaking) I agree this may be hard with the moves...

IMHO & FWIW My Rules 1.) I will never average down - why add to a loosing position 2.) On a long - I always want to add to it by paying higher prices 3.) On a short - I always want to add to it by selling lower prices I realize this is completely couterintuitive but it will save ...

What is it exactly you think professionals do? As far as improving your edge – here’s how… Go look in the mirror; your true edge will be starring back at you… Focus on improving yourself, and you’ll improve your one “real” edge – I guarantee it Read over your...

This is a totally different question from what you originally posted IMHO Fading the trend is some of most lucrative trading there is, but it’s also some of the “hardest” trading there is. Let me repeat that – IT IS SOME OF THE HARDEST If memory serves you wanted to learn...

I hope you're out as well Take Care

FWIW - This is a misnomer Stock prices are neither cheap nor expensive – they just are You can loose just as much on a 5 dollar stock as you can on a 300 dollar stock Sir – which is why risk management is “Most” important If you must find a certain price range – use Yahoo...

Good ole redneck in-gin-u-it-y Gotta love it Take Care "B" Team

fwiw I sometimes use something similar but not nearly as sophisticated - for a high probability set up 1.) identify support and resistance (aka demand and supply) 2.) opening price gaps into these areas – fade it The other thing I thought of on the drive home – use a 1...

Well Sir - You got me beat:cool: Take Care