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I am not saying that. All I am saying that if a long position is closed with a profit, the trend must have been up for the timeframe the position has been held. Axeman: I am not doubting your system or trading method or numbers. But to me a winning trade just can not be countertrend ...

I have heard of them. Many times. I have heard of UFOs too. But I wonder is trend really down if price goes up? Can you make money going against the trend? Ultimately, if you make money on a long position was trend not up? :confused:

So if you are long and price goes down, you make money? I don't know how to do that. Please teach me... :)

Is there any other way to make money than go with the trend? :D

Me too!:D

How do you know all this? Did he ever publish a book? I have heard the name many times, but have never been able to find any info at all. Like to know more.... PS Are you in Europe?

What was the right thing then? :D

That one I know. What time was that, and what made him great?

Who is this Frankie Joe? I have heard the name many times but a google search shows up nothing.... :confused: Who can tell me more...?

I have contacted Tony a few times over the last couple of years. He always replied very promptly, even though all I did was buy all of his books. Last time was about a year ago. He mailed me he had moved his focus to his family and trading and cut time spent on bulletin boards, the site and...

Why do people think a 2 mbit line gives faster execution than a 512 kb line? What would be better, 2 mbit with ping 238 ms or 512 kb and 60 ms ping time? :confused: I would choose 60 ms anytime... :p You do not need that much bandwith for trading, provided you do not follow more than...

Acer Aspire 1703 has actual 17 inch (comparable to 19 inch CRT) but weighs a hefty 7 kg (14 pounds?) Nice machine, but not something you can take with you on a plane...:D

I kind of like Mac OS X (Server), the power of Unix combined with the most elegant user interface available today For example you can do shell programming, combine perl with Applescript, and the Xcode development environment is completely free. It has pretty good Java support too...

Interactive brokers TWS has level II and runs on a Mac, but you will need OS X. Sometime you will have to make the switch anyway, OS 9 is in fact obsolete. Just bought a G4 portable and Classic environment is not even installed by default anymore. However, TWS runs without a problem on...

Yes... IB has always been totally reliable to me, but since last week quotes are acting 'strange'... Sometimes quotes do not even show up, sometimes only after considerable delay

This is how I always thought I was a genius. Everybody called me crazy. But then I realized I might actually be crazy.... :D

I think people will notice that price of the book went way down. Probably because there are lots of pdf versions of the complete book to be found on the internet. One of the most interesting concepts is the idea of the opening range and how it tends to be a significant area for the rest of the...

I tend to disagree. Most good traders actually seem to have a strong opinion on what the market should do next or where it should be going. However usually they wait for confirmation in price action before acting on it. But if the opposite happens of what a good trader expects, (this usually is...

I occasionally have the very same problem, jumping from strategy from strategy, always adding and changing rules, etc. Usually the reason is that I have not completely accepted loss. And losing is part of trading. (read Mark Douglas). So I start searching for the holy grail (again). But...

I am not a big believer in backtesting (anymore) but I have used Investor RT for testing some simple concepts. It is pretty easy to set up a system and backtest it in IRT. Even for non-programmers. Because you build rules with standard dialogs and popups.You can then test these buy and sell...