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5 bucks says it is a lot more like 1987 than 1997.... but good luck anyway.

wether or not the rule is right or wrong...it would be a good practice in discipline to take your account to $25k+ without day trading. I at one time was in the same situation...I was around $15k...didnt want to go to other instruments, so i found a different strategy. As it turns out, I...

i think you odds going long will be higher if you pick a stock that is at or near its 52 week high on increasing volume close to its break out point.

ditto. 30%-40% per year consistently in anything is rock star.

i agree with this statement. I would concentrate more on simplicity, compunding the winners and cutting the losers short. It sounds like mentaly you dont want to accept a loss. COme up with a simple formula(with equities i double the position every 10% gain with a techncal or trailing stop...

there is always something going nuts somewhere. But do you want to take the risk? I live in latin america...i have seen some bizzare twisted stuff and pure lack of liquidity more often than i care to remember. Any time you go overseas in Real estate, Business, Travel, or stocks...you runs...

i use the same tool. The trade triggers is in the TRADE drop down box at the bottom. It is really helpful for me becuse i can program everything and just walk away. no emotion...love it. You can program the trade triggers to do what you are asking. Which is nice becuse when you set your...

my perfect trading day is 0 executions. that means none of my stops have been hit and i dont need to reenter any new trades becuse what i have is working well.

to expand on what i just wrote above...these guys arent TECHNICALLY averaging losers...the same way you and i think of it. so dont start averaging your losers just yet! they know that by buying at certain prices that they would still be ok becuse they understand that if liquidation occured...

investing and trading are different! What eddie does is similar to buffett. he finds fundamentally undervalued companies (not stocks...if you undertand the distinction i am making there) like K-mart after ch.11. he buys very large percentages of them to be able to have a voice on their...

if your strategy is simple enough, you can do it. Although i dont, beucse it is much faster and easier to use charts...but i think with my system, i could. say for example if you bought the 52 week, on a breakout with higher volumes...like CANSLIM. you dont need a chart for that, it just...

warren buffet has a different style all together. he is the original private equity firm. Buffet buys shares in such large numbers that he buys his way onto the board of companies, so he can control them, and some of their operations....different deal.

ok ill bite. Just turned the corner to profitiablilty recently. My method is groosly simple. It is no big secret. I am sure plenty of people do this. 1. Stocks about $5 trading at or near their 52 week high 2. On rising volume 3. On rising money flow 4. On rising EPS THis part is...

i am curious as to your reasoning on these for swing trades. they didnt meet any of my criteria...but obviosly yours are differnt. HCC looks ok. but i would like to see better volume and money flow patterns.

how do you figure? it will be both. the demand curve is increasing, and the supply is dwindling. I think IF prices stabalize at all it will be due to lack of demand...mainly an alternative if we can find a good one! I imagine it will boil down to more effecient mass transport rather than...

intersting thread!!!! My biggest fear is not being remembered. I dont really care about when i die really...have had a self induced few near death experiences. I try to live an extraordinary life. Living and visiting different places, meeting all kinds of people, taking wild...

i agree the current median price should even out aroun $55-65bbl. This is not a bubble as if it were real estate or the internet as a fad. this is a supposed non renewable resource which is growing scarecer by the minute which we are 100% dependednt on, but have no GOOD alternatives at...

i backtest for a minimum of 1 year...in certain case they DO seem to good to be true! Look for a profit pattern that starts out profitable and then slowly grows over time rather than a pattern that has you negative half the time or whips you up and down. I have discovered that the simpler i...

i believe your statistic as it correlates to the DIRECT byproducts of oil...like gas.. but keep in mind...as stated about about menufacturing in metals...OIL IS IN EVERYTHING. and required for almost every aspect of out everyday life. take this scenario... 1. you wake up and hit the...

he has warned against all of these....dont blame it on him! i was beat to te puch on "tenor vs. tenure"....damn! LLLLAAAAAAAAAAAAA!!!!