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    All indicators useless?

    The Hierarchy: Supply/Demand Price/Action Time/Sales Volume Technical Indicators Supply and Demand is something that we all wish we knew ahead of time...but will never know...Price/ Action is a result of the Supply and Demand...and is the closest thing to an immediate indicator...Time...
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    Quicken or Money?

    theTaoTrader, QUicken does not handle short sell transaction well...I wasted my money...time and effort in buying it...you just about have to do each individual transaction by hand...this has been going on for quite some time now with no help from Quicken at all....even...
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    Video card question

    I got my Matrox from EBAY...quad card....I am happy...I could have purchased a cheaper one off of EBAY...however, I chose to buy one which had not been used and straight out of the box....I still saved a ton of money as compared to retail price...I am running a dual card on one computer and a...
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    Stock trading getting worse

    Brandonf Good post bud....could not agree with you more...remaining flexible...with the ability to adapt.:)
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    Calculating Risk/Reward Ratio

    rolegario, Ambushillbilly did a good job ...or the best job of describing that 3 to 1 ratio...I think he is pretty much right on ....the only thing I might add is that....when you are looking to trade, you want to find a set up which will give you the most profit with the least...
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    Stock trading getting worse

    Stock trading getting worse Silk...you started a good thread...during these times many traders are having a difficult time. Its interesting to find out how fellow traders are doing and what they have been doing to cope with the current market conditions. Unfortunately we have the Dear...
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    The Elite Trader of Yore

    WDGann, Got to agree with you bud...one minute we are talking about trading and the next minute we are off in smuck vile...you can't keep things on topic ...like you say...I never have any problems with newbies...just the piranha or character assassins in here....I wish they...
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    Comment on Computer Configuration

    A5519, The only thing that I can add is that you go with Windows Professional 2000...I have two different computers up and running...one with win 2k the other with XP...the XP is a brand new computer with plenty of "overkill"...however, the XP has proven to not be a stable reliable software...
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    The Elite Trader of Yore

    Bungrider, I have been trying to stay out of harms way...small short profitable trades...been on a winning streak for a while....happy about that....but waiting for the squeeze to come:D ....I can't keep going like this....sooner or later that bad trade is bound to happen....I...
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    The Elite Trader of Yore

    BobCathy1, Keep watching those weather reports....they will tell you when the storm is headed for that boat of yours...similar thing with the market don't you think? I miss some of the ole guys that used to post here...kinda like trading... some make it ....some get washed...
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    The Stochastic Indicator

    What I'm suggesting is that it's all in the price action. What I'm encouraging you to do is to "play the market", not to "play the indicator". Old Trader
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    The Stochastic Indicator

    Somehow I can't help but think... that the whole point that Old Trader was trying to make ....was completely missed.
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    A method or indicator you have discarded!

    I got rid of :Time and Sales. Stao's, Level II, MAs...just about everything, except for some volume , candles and Bollinger Bands. Of course the Braille has been working pretty good:D
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    The Elite Trader of Yore

    Things just got to be to much like the Jerry Springer show:D
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    Medved Quotetracker - Best Data Feed?

    77 thanks for the reply....slapshot ....sorry I forgot you bud.....was getting squeezed for a while:D :D :D
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    Medved Quotetracker - Best Data Feed?

    Slapshot, IN Medved QuoteTracker: 1. Click on Options 2 Select Data Sources/Proxy Settings 3 Click on backfill 4 Select Scottrade 5 Enter your password info Next in the same area 1 Click on Quotes 2 Select Interactive Brokers 3 Enter your password info Or go to...
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    Medved Quotetracker - Best Data Feed?

    I have been using IB for main feed and Scottrade (free) for the backfill....works pretty good....been happy for quite some time now. Just go to Scottrade and sign up for free....I have used Scottrade for a backup feed on occasion and it worked pretty darn good. Hope this helps ya.....:)
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    Tony Oz - Is his first book worth getting if you have the third?

    Not unless you want a collection:D :D The latest one covers it all...there are always a few things...but I think the latest one covers it all and pretty much re hashes the first and expands upon it.:)
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    Past 3 years; just a minor correction - Get Real Long

    Don't forget that they all laughed at Warren Buffffffeeeettttt to :D :D :D
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    Looking for my next book to expand my trading education

    Check out the books at the top of elitetrader page
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