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By the time that super computer is out, machines would have replaced humans in 99% of the jobs out there. Not to mention if there is a goose that lays the golden egg used in mass there will be people who can find patterns and exploit it. Any moron can put in 50K and watch it gets traded into...

It is very important to keep the composure on days like today, as I did not have a single winning trade above $100 after commissions . . . A total shutdown in offense but fortunately I played rock solid defense to keep myself out of trouble. 5600 shares on 5 of 10 shooting, +176 before...

MGB: In general I noticed that your entry points have been dead on but here are a few suggestions: 1) Stop talking to me when you are actually in a position, especially a stock like NVDA. You have to stay focused, when I talk to you either I am in a position that is not doing...

21, Chinese immigrant, college dropout, did IT temp work for Saloman Smith Barney, Merrill Lynch, JP Morgan, now trading full time at Worldco.

All you can eat buffet and I left hungry, but if this is any indication of the way market will be rest of the month heading into September then I am truely in love. 9900 shares on 8 of 13 shooting, +827 before commissions, +455 after, 2 bullets. Managed to mount a comeback after two abysmal...

Perhaps there is a difference between the data from Yahoo Finance and Qlink? All the other numbers seem to be right. LEH is way too low. I think I got slightly higher number for GS, MWD, MER. That said, it is not intended to be perfect, just a quick tool for confirmation. It gets the job...

Solid game today as I finally nailed that bullet on a gift trade. Back in the black for the month and while it is only $200, psychologically this is huge for me with 4 games left during the first half. 3600 shares on 2 of 2 shooting, +1024 before commissions, +800 after, 2 bullets. It is...

http://www.help.com/cgi-perl/question/2/69/122/124/126?sidx=2098050

The raw data is ok, the CORREL function doesn't take blank cells. The cash dividend's closing column is a blank, supposedly it won't matter . . . I just tried LTR/MO with the correl function manually, with and without the blanks, same result. Last time I checked LTR is an insurance company...

Quick notes: I only have Excel 2000 and I am not sure whether it will work on any other versions, I don't think there should be any problems, but I can not test it for sure. Please do not e-mail me about technical issues, I don't care :-) There are some quirks with the way correlation...

te_bai@hotmail.com I guess when you want something you have to do it yourself, I am almost done with the macro, I will send it to Dustin and he can post it here . . .

MGB: He is referring to TraderRX. Thanks for the link! One question, what hell is your stop loss? I watched NVDA today and I wonder how do you hold through wiggles.

Dustin just posted a solution from another thread, basically with EOD data and CORREL function from Excel you can calculate the correlation score for a stock and its index. I tried it and it works wonders, my watch list needs to be revised. Being an ex-MSFT employee, is it possible that you...

A much needed small victory as I prevented myself from slipping further into the abyss. Any time you are losing, the most important piece of the puzzle is to get a stop, you can not make others bleed until you stop bleeding yourself. 4 of 7 shooting on 5600 shares, +294 before commissions, +93...

As you know most stocks do not have an index, but many of them do follow the index because of their industry, there are far more stocks that follows SOX than the actual number of index components. http://www.mobydata.com/comp.htm The link for every index and its components. To find out...

Just how do you calculate the correlation of something? I have some stocks that I have no idea what sector index they follow, would love to be able to calculate this . . .

It is a great firm to get started, the only trading firm bigger than Worldco, and easily the biggest trading firm in the U.S., they allow you to work their capital. The commission rate is very low but the biggest problem with this place is the some of the lowest pay out ratio in this business...

It is a lot harder to leave when you are down some measly $50 (or in yesterday's case, $250) . . . A very very small deficit that just grows larger as you churn yourself to death in the afternoon . . .

It is done through software, I basically input I want a 1500 shares (min. size at my firm) bullet and depend on the volume it can take a few seconds. On those summer days it is the same speed as a Direct Plus order. Today I bought 500 DNA one print off the open at .88 and it started to...

Gut check time as I am getting destroyed in everything I touch. 12400 shares on 3 of 10 shooting, +93 before commissions, -268 after, I now carry a $700 deficit for the month and shooting an abysmal 36.5%. Despite a 3 and 2 record, the 3 games I won were total shut-down's and I barely squeezed...