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    Savings rate falls to 0%

    or maybe its a confidence indicator ? I have not done a study but it sure seems like everytime I hear the savings rate hits a new low we run into a period of expansion .... coincidence ?
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    Anyone else see the AD divergence (Nasdaq)?

    A great summary of current conditions and another channel that confirms why I am not seeing the "raging bull" signal in current conditions ....
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    Going from equities to e-minis.....

    I have read portions of this thread: Here are my comments: (1) We always used equities as the prerequisite for new traders prior to entering the futures markets ... in our experience it works well as a predictor. (2) I really dont know who this person / alias "Jack Hershey" is ... I...
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    California trading hours question

    Its great to be done by lunchtime ... but ... I basically need to be up at 3:30 if I am to finish my pre-market work before the open. My only complaint was never seeing the sunrise - since i was already working. .. But southern california is a nice place to live - the best in the US as far as...
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    Coin Collector?

    I know nothing about their system ... my comment is related to the name .... ...In my experience every person that has refered to compensation - either in a job or in a system - as "coin" has proven to be clueless and worthless. I dont know why this is ... but any time I hear an executive...
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    Anyone else see the AD divergence (Nasdaq)?

    I'm not extremely bullish here .... I think sectors will benefit here ... some sectors will not. ....I am long some issues and short others - just like always .
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    Anyone else see the AD divergence (Nasdaq)?

    I've noticed this .... One the other hand we keep getting good numbers and general economic climate is at worst stable or is continung its improvement. We also have corporate infrastructure spending kicking in - which it hasn't done in a long time. I'm seeing signs of a significant releasing...
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    Marcin: Paraphrasing:"Too Many Stupid Hedgies and Traders" in the marketplace

    He is free to leave and look for greener pastures if he doesn't like conditions ......
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    How to maintain 4:1 leverage overnight?

    Yes ... if conditions warrant an after market liquidation could still occur .... its up to your clearing house/brokerage ....
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    Trading ES

    This is what I have observed. Of course ... I call this "Chop": That is complete retracement on any move ....... I simply have adapted by taking profits on smaller moves and by not trading as often - fewer signals as someone else said - and by taking offsetting positions in other markets...
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    Raising Capital through paper trading?

    Never heard of this .... Doesn't exist. This is like asking for a loan for a new startup business in which you have zero experience. Paper trading equals no experience, even if you have a backtested algorithm. This is how a typical bank will view it. There are some banks that specialize in...
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    How to maintain 4:1 leverage overnight?

    You will be liquidated prior to the close to maintain a 2:1 overnight ratio. Liquidations usually occur 10 minutes (or more ) prior to the close. This is the problem - or the benefit - of trading equities. For a new trader contemplating holding overnights ensuring a limit of 2:1 is not a...
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    Is the July rally getting exhausted or consolidating for the next run up?

    .... I really have no idea .. but things sure seem strong for summer and so far, quarter earnings are doing very well ...... appears to be continuing a slow crawl higher .... but things could change ... right now I am still biased long in many issues with just a few short positions.
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    Excel Code Market Profile

    Using Excel for a live data feed could work ... but its kind of like using a mouse to kill a whale ..... that is it sounds like you are proposing to use excel to process a real-time data stream rather than data that resides in an existing database. While this could work if your requirements...
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    Total rookie question....

    Here is an intro / overview ... http://www.crbtrader.com/support/options.asp There is more to it .. basically pick up any good options book and it will be discussed .....
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    Seeking advice

    I agree that real estate matters on floor .... but many successful floor traders have transitioned to screens. .... its not too often that a very good floor trader cant move to an electronic platform and be sucessful..... the best people seem to be able to handle it .... although not without a...
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    Seeking advice

    But not much has changed ... screen trading still requires many of the same skills as being on floor .... you just dont need to do physical combat every day..............................................................
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    Seeking advice

    Well ... although the screens are different most of the rules of success still depend upon the individual ..even when they are armed with an arsenal of automated tools, analysis, statistics, and information. There was no substitute for watching and talking to people like Leo Malamed, Scott...
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    This Just In !!!!

    ...... I was surprised that it actually made it all the way up to 309.25
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    Improving Trading Skills

    as long as you are prepared to exit even on a loss, and to limit that loss, then there is no problem. Problems always occur if there is no plan for managing a position ... or if the trader is unable to deal with a loss. At the Merc it used to be the case that the very first thing a new...
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