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You will trade better if you forget about everything but identifying support and resistance. Chop can "trend" and trend can "chop." What counts is where they last were and where they want to go now.

IB customer disservice confirmed to me that there was indeed a limited outage, fortunately strictly confined to only those customers who desperately needed to exit their positions.

Try not to piss us off. If we all decided to sell our portfolios tomorrow, you would not see the financial light of day for decades. And from casual observation of shooters at the local gun range, we are better armed.

Clacy, I am happy to defer to your superior demolobbographic knowledge. I based my assertion solely on the observation that in my state the easy preponderance of concealed handgun licenses issued last year went to my crowd, the eldest being 92. I think that gerries are ready to kill to preserve...

I regret to inform you that between AARP and the NRA we account for 80% of all lobbying monies spent to influence our corrupt system ("the best legislature money can buy"). I venture to say that you belong to neither.

Yes. We early Boomers are now accepting applications for gentle indentured servitude.

I live (albeit in near abject poverty) off of fixed income investments. The first rule if buying a high yielding stock is to make sure that the payout ratio is well under 100%. The first rule of buying a closed end fund is to be sure the net asset value is modestly less than the price. The first...

ET's illustrious MurrayTTurtle tells us how to find support reliably on the daily chart. Thereby proving that ET is not totally worthless as a source of trading ideas.

I concur. Buy high yielding stocks, ETF's and closed-end funds at dips and chill while the dividends roll in. Physical gold is a no-brainer, too. Resist the urge to daytrade by backtesting your brilliant ideas. That will shatter your dreams of the perfect system.

As a crude generalization, support dulls the mind at low volume and resistance juices courage at high volume.

Ordinary mortals who misfortunately are categorized as "non-professional" have an option. It is called "Buy at Support and Sell at Resistance." But it is too simple, so most traders don't use it. The first historical reference to it of which I am aware is Jessee Livermore's dictum to "Buy When...

Indeed it does exist. Market makers use it all day, every day. It is called "Buy at the Bid and Sell at the Ask." This system has worked flawlessly since time immemorial, having originated when the Lord our God traded Eve to Adam for a rib. Suckers have been trying to beat the spread ever since.

ESignal with Interactive Brokers is a reliable combination.

System optimization by backtesting is a slippery art. You are far more likely to get a random optimization than a statistically valid one. So I suggest that you learn how to do it yourself to have complete control of all the assumptions made. ESignal is an excellent platform for doing this. For...