Search results

Allright!!...way to go, dude! You're a webmaster...hehe

LOL...I had just deleted my post, because I was thinking... "What the hell...who cares...hehe But, since you responded, I'll restate me case...lol All I see is a red X, and if you right click on that, you'll see the picture is coming from his "C:/ documents" folder. And I don't...

You didn't read the article, did you Wally!...hehe:D You'll notice in his article that he has a profit objective:""Initially, I'll typically risk 50 points. That's enough heat. So, you have to go for at least a 250- to 350-point profit."So, in other words, he's looking for a 5-1 to 7-1...

Hi Wally...yes, 1 tick is 0.10 pts. The article was fairly current...Oct of 1999. When Mr. Greenspan says he risks 50 pts, he means the same as 5 ticks or $125. Here's a link to contract specs.

I realize this is a public forum and you need to take advice with a grain of salt.(I think that's how the saying goes...lol) But, just so you"ll know I'm not talking out my nose, here's a couple of quotes from two successful traders concerning initial risk when they place a day trade on the...

Hmmmmm...so Mr Market is really a nice and humble guy!...hehe

Well, I guess I'll chime in(markets slow anyway). I've had this computer I'm running on now about 4 years...700mhz Slot A athlon...hehe. I shut mine down every night, and reboot in the mornings. No problems...(knocking on wood). BTW...I'm getting ready to build my first computer. These...

Don't "resave" it as a .png. Try making it a .png first. And if you can't do that, get one of those screen capture tools, they're real easy to use.

Thanks Klutz...I appreciate your concern. I used to trade options about 12 years ago. I used to trade what they call "Combos" on the OEX. Basically, your naked calls and puts at the same time. Later, I gravitated to the S&P's, and am still trading them, today. (except, I trade the ES...

Try making your charts in .gif or .png...they're clearer and faster to upload, too. If you need a screen capture tool, you can get one here for free. I like the Gadwin and the MWSnap.

Depends on your style...for example, if you trade pivots, support and resistance levels, you don't need technical indicators. But, there are successful traders who depend on them. For example, here's a quote from Marty Schwartz. I always laugh at people who say, "I've never met a rich...

Cool...what settings do you use for the macd?

Thanks, I appreciate the compliment. Sometimes I feel like a babbling fool!...hehe Actually, you're both right! I was making 2 points. One was aligned with your point, that if we use an oscillator, we should decide on a setting, and stick to it. Don't tinker around with it all the...

It's kinda like I was telling another guy the other day. He wanted to trade Div/Conv setups with his stochastic. I told him he could probably just fade breakouts and get similiar results. From my experience, if I was watching a Dbl top, and say using a 14 period stochastic. The price...

Yep, sometimes it's better to go along with the trend...hehe

Okay...I guess the point was...just don't fool yourself. It's fun to write down, "I would have made $2,250 today if I had traded 10 contracts, and another thing to do it. hehe

Yes, you'll get more signals, but you get more losers, too. A 3 minute chart is a good one to use. I used to use the 2 minute a lot, until I started using tick charts. Actually, what you could do is use a 3 minute for your signals and a 1 minute to trail your stop loss.

One more thing I would suggest. It appears you are just saying: okay, I went long here and I got out here. You might want to find a trading simulator to make your paper trades. I don't know if tradestation has one or not. If you have an account with IB, there are free API programs that you...

Same as you...about 3:45 EST. Because, I definitely don't want to have a position after 4:00, but if I get a signal before 3:45, that gives it 15 minutes to work. But, I'm definitly flat at 4:00. I've seen to many freaky occurrences over the years, in the last 15 minutes of trading.