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$32.00 is an important pivot point for this stock for some reason. Seems to find a lot of support and resistance there on the daily. Bearish wedge pattern since August fills the gaps. Trading below the 50 Day MA today and the 200 is several dollars above it. Since the low in August does not...

Anyway I dissect the chart, it still looks like it has plenty of upside. 120.00 was an important level since it represented the target of the move that began in August. Target was based on a measured move in relation to the Feb-Jul rally. Notice it gapped over 120 and now finds it fairly solid...

Yes, he said he would waive my platform fee for 12 months. ; )

Wow, I cannot believe all you guys flaming Don. I have to hand it to him keeping his cool. I would be swinging with both fists by now. If I had to venture a guess, it would be that all that come here and bad-mouth others are just losing traders needing to vent their frustrations. Winning traders...

If market conditions stayed the same for more than one day in a row, I'd be rich by now. One day I can make a mint buying breakouts up or down, the next day they are all false and I have to change my strategy or get burned. You just have to be flexible enough to adapt quickly. Buying on the...

Thanks. I should have known. Since I don't have a TS Securities account, I am not worried about sending orders in from my strategy. I just would like to get the orders sent to the Trade Manager. It does do that from RS, doesn't it? Now the $10,000 question - how do you add a strategy to...

Doug, what is RS?

Hello, I have written a strategy which has good results for my top 200 stocks. Each stock use a different set of parameters for optimum results. I would like to have the signals sent to the Trade Manager (I have an account with another broker besides TS Securities). Now for the question...

What is a black box anyway? A program somebody wrote. Human effort with the potential for human error. Plus it is a stretch to think it can adapt for changing market conditions because nobody can predict how a market will behave in every situation. Bottom line is that the traders that are...

I know what it is: PRIDE. It's hard for many to admit they were wrong and take the small loss. Instead they pay dearly. I've been through this myself and continue to fall into this trap occasionally.

I'm sorry, but the self-destructive habits of some traders make me wonder how they can stay in the game for long. I would never, ever consider anything but a day trade for VLO with current volatility levels. It can easily open up/down 10 points overnight.

Hey, here's another take on drinking and success. There has been a study, believe it or not, on drinking and a person's tendency to become wealthy and successful. It found that people who are successful and wealthy tend to be drinkers moreso than those who are not successful. No mention...

Don't blame the trading for your drinking. Talk to various people working in traditional white collar jobs as an employee and you will see stress too. Companies stretching their employees to the max. I trade full time and don't drink at all. I used to drink all the time before I became a...

What is the least path of resistance? UP If you want a sure way to blow out your account, attempt to pick tops of hot stocks.

Longhorn "Lite" is already out there in the form of Windows XP Professional, 64-bit edition. I know, because I have it and am running it now. Being an early adoptor can be hell, and a good chunk of software does not run on 64-bit platforms, so I did a lot of legwork searching for compatible...

Firefox really rocks. It's what IE will never be.

I trade spreads so I can answer from experience. A lot of the TA software out there will plot spreads, but they are not all created equal. For example, to plot a spread in Tradestation takes way too many steps. You have to add two symbols to a chart, add the Spread(x-y) indicator, then make...

OK, fair enough. I agree. If a person is worried that the home-grown programmer will run off with their secrets and that our current legal system won't protect them, then here is the alternative. Hire two programmers. Programmer #1 created a dynamic linked library (DLL) of functions that...

There plenty of qualified folks here in the US that can program your system. If you have trouble finding, send me a private message. I have been an independent software developer for 20 years and can help you. I'm currently swamped but can squeeze you in. Forget about India, forget about...

It's because you want to maintain your INTEGRITY.