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This question is key. I too have wondered if Tim actually has a trading plan (hence the origin of this thread), or if he just shorts small cap MoMo stocks on "gut" feeling, which is how he appears to trade on WSW. He even describes his strategy on the show to potential investors as "short biased...

Ragnarok, Did you backtest your strategy? What were the results? Risk/ reward, max drawdown, average trade P&L? Can your account balance absorb the max drawdown? Have you considered slippage and commisions? Etc. Etc. Etc. Good luck.:)

Actually, not to defend Timmay, but the current Trader Monthly magazine SLAMMED Timmay to the mats HARD! They said you wont see HUMILITY-CHALLENGED Tim Sykes in the 30 Under 30 article because he went from "wunderkind" to "Ryan Leaf-like LAUGHING STOCK!" ................OUCH!!! I can see the...

Got a link to that? :)

Actually that gap will be filled at $24.28 But I'm splitting hairs. :)

I'm not quite dead yet. Yes you are! No, I'm not. "BRING OUT YOUR DEAD!"

If you like Darvas' type of strategy I would suggest to you the IBD 100 stocks. I see a big similarity between William O'Neil's ideas and Darvas'. These are both position trading strategies, not swing or day trades. If you decide to take my advice you should read O'Neil's book, "How To Make...

Charles Dow..........everyone else just built on his ideas, including Elliot.

Can I play too? http://www.elitetrader.com/vb/showthread.php?s=&threadid=85656 Posted this in January when when FINL was just under $13. FINL is is in the 5's now. And this chart http://www.elitetrader.com/vb/attachment.php?s=&postid=1480781 From this thread...

Here are a few more patterns you can look for http://thepatternsite.com/visualcpindex.html Enjoy :)

I hope you can take a joke. I made an adjustment to your chart to show you how it looks to me. :D

Attached is a simple end to this debate. DIA vs EWZ = Apples & oranges.

1) How did he daytrade without a margin account? 2) IMO, 10 contracts in a 30K account is risky. 3) Does he have a backtested system with a positive expectancy? 4) Is your "friend" really YOU? :D

I like a chart pattern just as much as the next guy, BUT, I wouldn't take a position until price BREAKS OUT of the pattern. Also, why look for such complex patterns? Simple patterns, trendlines and support/resistance are much more reliable. You are far too worried that you might miss the...

Those charts make me want to go fly a kite :D Seriously, none of those have broken out of their downtrend lines. You would be better off waiting for confirmation of a trend reversal.

This simple line chart of QQQQ of the past 6 weeks (hourly) is similar. PS: Started buying QQQQ Puts Wednesday and Thursday.

You should be able to hear Bloomberg radio from their website. I recently had enough of CNBC and switched to Bloomberg TV during the daytime. The MAIN reason......Mark Haines! I can't FV@#!N& stomach him in the morning! He interviews people like he thinks he is the King of England! He...

Dylan does seem to strike me as the self centered narcissistic type. Just an opinion.

Anyone know what happened to Eric Bolling? Dropped like a hot potato. He's not on the show OR the website anymore. Tim Strazini was no great loss, don't know what happened to him either, but Bolling was fairly knowledgeable.

I am truly blessed. As a retired civil servant I have healthcare, dental, optical and a prescription plan for life. And the best part, a monthly pension! I miss the guys at the old job but not the old job. "20 and out!" And to top it all off.......I just turned 40! Trading from home is the...