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  1. L

    Trading Support and Resistance

    I gotta get a hold of his books. Which one is the best one? Also, Linda Raschke's Street Smarts has a couple of great patterns. Three little Indians is an obvious one and a good one based on S/R. If the market tests approximately the same support or resistance in a short time frame, wait for...
  2. L

    SafirX IA trading system

    And do you get the fuzzy logic rules behind the system? Can you trust a black box system? I mean you just don't know when things will go wrong if it comes across some market conditions it can't adapt to.
  3. L

    This explains a lot.....

    Anybody else think she's hot? :)
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    Building a day trading system

    I guess I'm swing trading intraday. There is no way I have the speed of execution for scalping. My holding period is an hour tops. But I don't make more than five or six trades a day. You're right. The sma does lag. But do you think it is actually an advantage in terms of the trend being...
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    Building a day trading system

    Hey everybody. I'm a beginning trader and I'm trying to build a simple system that actually works for intraday trading. I'm not trying for a magic mechanical system that guarantees profits. Just something that follows proper principles (goes with trend...) and gives somewhat of an edge...
  6. L

    Helpful Hint...

    Are you trying to do a gap trade? Just curious...
  7. L

    what's the biggest difference between profitable and...

    Okay, this is for rtharp. I was wondering if you have ever tried a random entry in a volatile market like the S&P 500. Does daytrading with random entry actually produce profits? And if random entry actually works, how would you as a trader feel about just taking on a position with no...
  8. L

    Money from others...

    My question is what happens when you lose? What about drawdowns? It seems to me that friends, family and money can make for a very volatile situation. Just something to think about.
  9. L

    Seattle?

    www.echotradeonline.com I think
  10. L

    DaytraderPro.com

    Read the contract before you contact them. Did you see a phone number on that website? I didn't. I didn't see a physical address either. Shady.
  11. L

    Reward for OSama's location?

    Okay, this might already have been done. But how about pooling money to create a bounty for Osama Bin Laden? I mean it's a simple idea but it might work. Think about it. Afgans are, on the whole, poor and starving. They are tired of war and really don't want to fight the U.S. The Taleban...
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    futures at Echotrade !

    I'm interested in trading the Emini and this seems like the perfect way to do it. I wonder about the capital requirements though. I know the leverage in futures is very high so Echo will probably ask for more than the normal amount. That's what I would do anyway to manage the risk of intraday...
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    Trading Psychology

    Athletics and trading have some things in common. However, I do not believe there is a genetic gift of trading. Mindset is contantly evolving and can be changed. As for how hard or easy it is, Zen masters say that by doing nothing, zen can be achieved. Zen is easy according to them. We just...
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    Are Emini's the best or is it just me?

    Hello all. I'm new to trading but it seems like it's a really bad time to be in stocks right now. I started looking at E-mini's and they seem like an amazing trading vehicle. The moves can be very wide intraday. Long enough to get in and out. At least a few good trenddays a month. Just...
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    Trading Psychology

    Okay. Has everybody read Zen in the Markets by Eddie Toppel? He's as white and western as they come!:D He meditates, visualizes, does affirmations all before the market opens. Then he does it afterwards too. That is his pregame ritual and it works for him. He also suggests Yoga, chanting...
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