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Thanks for that ... looks interesting. I'll read it in full tomorrow. Goodnight

@nutmeg: I don't trust myself. The decisions I make are almost solely based on the proposition that I have made the least bad decision. I lead a very skeptical life .. Some decisions turn out well, others, not so well ... we all learn based off of past screw-ups. If you (in general, not...

'er ... that's not very specific, ex_broker ... what kind of chart and period for RSI? Example: NASDAQ Composite Chart Time: 2 hours Bars: 1-minute candlesticks RSI: 9 periods ??? I'm an amateur, but I think you'd need some more information to properly set up your charts .....

I'm here on these boards to learn as well ... and I take everyone's advice with a grain of salt. I scrutinize everything heavily (not just message boards either), and only believe what I logically conclude makes sense. I use multiple sources to confirm information, and do not ever take the...

Sweet ... the whole giving up US citizenship thing is still a pain in the ass though ... probably overall not worth it :/

Pekelo: Good point ... I shouldn't let the taxes kill my desire to live wherever. I guess the whole post was kind of stupid in the first place, although the (seemingly increasing) amount the US government taxes high income people ... it's ridiculous. I just want to keep the money I earn ...

I just recently signed up with Open E-cry, and I can truly say that their service is nothing to be sneered at. They have very kind, helpful people available by phone, e-mail, and chat. I also love their trading system ... they have very nice charts, the software was developed in a nice .NET...

Not seasoned, yes, I'll agree ... do I realize that there is potential for large loss? Yes. Am I working on developing a trading strategy such that I don't suffer too much? Yes. Feel free to laugh at me ... it really only looks bad on your maturity level.

And you're being immature ... why?

http://www.twest.com/ ^^ web-hosting ... wtf?

Are you trading futures? If so, Open E-cry support is extremely helpful, they have an excellent trading platform, and have easy to read statements.

It's just like anything else as far as I can tell ... granted, I am still relatively new to it. If you don't understand science, how can you take a job as a scientist? If you don't understand computers, how can you take a job as a network administrator? If you don't understand business...

Someone got beaten down by the market ... don't deny it. If you're willing to put in the time and effort, you can be successful. I have been paper trading futures and doing some stocks/options for a few months now, and I haven't suffered any major losses. Just like you have a strategy for...

Started paper trading a couple days ago with a fake $50,000. Lost nearly a couple thousand right away, but made back it back plus a little today. Today's net p/l = +$2187.49

One reason I tend to take these boards less and less seriously on a daily basis .... hardly even worth coming here for all the BS ... just clouds my mind. I wish there were a board for real traders, but apparently this one is overrun by a bunch of plungers that are hoping--not backing up...

I've been playing around with Open E-cry. They have a very nice trading platform, and it's free to try out!

Reality is that the markets rise and fall ... if people only want to see the markets go up, that's their deal :) Personally, I see reality FWIW, and instead of focusing on the market going up, I focus on the current trend, be it up or down, because the money is in both .... Kinda goes...

Look at a 15 minute chart of the YM .. it's a pretty obvious turn-around. Buyers are coming back in force ... granted, I am a noob, so take my comments with a grain of salt.

Whoops, sorry ... I meant the YM. Should have clarified. The YM low is 12503 so far

Does anyone see support at 12500? On a 15-min barchart, I see the downgaps decreasing steadily .. and it looks like the market is about to turn.