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couple of methods which require a bit of work. % of days which had high (low) within X% of the open and the close within X% of the low (high). This is called a trend day. the % this happens should give you a good rule of thumb to work by. a quicker way may be close within X% of high/low.

its because we've had too long a bull market, too many little kiddies running around thinking their smart cause they brought when everything was going up. give the bear 1yr and the intelligence around ET will significantly increase

cfd's are pretty big in aus here. CFD's are pretty much exactly like a futures contract except without expiry and you must pay "open interest" on it. essentially a charge for the amount you margin when trading a cfd. This amount will vary from provider to provider. CFD will be based on...

its definately a bear. - intermediate highs brokern <200day and 200 turning down. short squeeze rally on the Hedge funds shorted to the max. happened plenty in 00-03 for those that were round then

u tellin me that 87-93 was part of a 18yr bull market?? cause not too many can see the bull with a 20% market crash and 4yrs of chop between 89 and 93. Clinton was a godsend to all traders. if u couldnt make money during the clinton yrs u should have nothing to do with the markets

very difficult to start a position trading jornal as there are very few trades in the year compared to a day trading jornal. i make maybe 20trades a year per market that i trade. certainly not enough material tos tart a journal

crabel's opening range breakout is a nice play that still works in most markets

i trade EOD/weeklies. Most of my positions will last from between 1 week to 3mths. Profit potential is huge, with good leverage i can make up to 50-100% of my account in a single big upside or downside move. That being said, trading EOD, and weeklies will expose you to having to use larger...

SPI is like an old woman, she moves - just not very fast. If your thinking of trading it intraday forget it. Not enough action. For swing/position trading its great. Just mind the overnight variation. SPI also it has high correlation with ES and YM when trading overnight as well as with...

if i recall correctly the rules of SCT where: Spot FTTS 1) if BO then hold 2) if FBO then exit we expect to see volume increase on BO and lower volume on point 3s (retrace). u also mentioned that retracecs do not go beyond point 1. kind of logical if taht if your BO retraces past theh...

it seems to me that for a new trader learning SCT or PVT is an absolutely invaluable tool given that: 1) its non-reliance on indicators. Most traders always think there is a magic indicator. SCT and PVT forces them to look at price and volume action. 2) screen time. SCT forces a trader to...

OBV works well for exits. If price is trending up then draw a up trendline on obv, connecting the lowest lows. OBV will tend to break that trendline before price, giving you a leading signal to exit.

flight to quality. i distinctly recall LTCM and neiderhoffer both investing in emerging markets and having both their asses handed to them when there was a flight to quality that occurs in a large correction/fall. The correction in shanghai a few weeks ago is a nice example of how fickle...

i vote open auction brothel. itll give bid/ask a whole new dimension and meaning

lose money

it is much easier to trade profitably for a large IB or bank. 1) extremely low commissions, excellent fills 2) risk limits and daily losses are imposed on you as a trader. If you lose more, u go and buy coffee for the rest of the guys in the trading room. 3) trading systems and...

thanks :D u to

have a look at historical data during market downturns, methinks that a strategy like that would be good in a bull market(where practically everything goes up if it doesn't meet resistance) but will fail miserably during bears where falling prices are the norm.

lolz its hard to define pornography. For example a jessica alba or angelina jolie sex tape can DEFINITELY be classed as art :P

"u know what the greatest thing about turning 36 is?" "what"? "i can finally legally screw chicks half my age" :D