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  1. R

    how much live trading is relevant?

    Yes, I treat trading the same way I did Computer Science when I was an IT professional - A never ending study. Yes I did write short text books in computer science. And, yes my trading systems have their own detailed documentation. The answer to Q1 is simple and yet very complex. The simple...
  2. R

    WSJ: Friday Pretty Much of a Washout

    I'm an American. I am not in Denial. I have understood for years what has been going on. But when I said anything years ago no one listened.
  3. R

    Increasing Foreclosures is a bullish sign.

    You are right many of these people are living in card board boxes. They are packing into tent cites as foreclosures escalate. Here are just a few of the many articles main stream Americans ignore as they flood their local malls to buy, buy, buy for Christmas...
  4. R

    What does this price behaviour mean?

    IMHO this looked like a Slim Jim pattern or narrow-range, intraday consolidation pattern that forms at or near the high or low of the day. Generally, the longer and tighter the consolidation in prices, the more explosive the eventual breakout. This pattern was developed by Kevin Haggerty who ran...
  5. R

    Trading Statistics...Where do they come from?

    Some of these stats came from brokers and the exchanges during the last century. Many of these stats where defined in testimony or papers used in government hearings. Twenty years ago or so, when I was trading commodities at Lind-Waldock they published an internal study about losses. They...
  6. R

    Please share your thoughts and experiences on daytrading from a high timeframe

    As an automated stock trader I agree with your assessment about noise and volatility. My time frames are 130-minutes and Daily.
  7. R

    WSJ: Friday Pretty Much of a Washout

    Yes, that is the same way I see it.
  8. R

    WSJ: Friday Pretty Much of a Washout

    The article said the UAE would back the “in-country” banks foreign and domestic that have branches in Dubai from all of this bad debt of Dubai World. However, there are some “out-of-country” banks with no branches in Dubai that have still not been addressed even though they do not have...
  9. R

    WSJ: Friday Pretty Much of a Washout

    When the news comes out on some future day that companies are hiring for real again, the fear of job loss will be over. Then consumers who are now savers will open their wallets and markets will act normal. Otherwise it can be taken negatively.
  10. R

    misery index

    Between 7 and 9 percent.
  11. R

    how much live trading is relevant?

    Flatron, I started programming as a professional in 1973 and have been writing my own trading strategy systems for about 12 years (retired to trade full time for the last 4 years). IMHO I find the answers to your question “how much live trading is relevant?” to be way off the mark of the...
  12. R

    Maybe A Correction Isn't Coming?

    These market gurus are all the same. I have seen hundreds in my trading years. They all do the same. They make prediction after prediction, most of which fail badly. Then when one of the many hits dead on they shove the rancid set of bad predictions away and tout the one prediction that hit dead...
  13. R

    Obama: Too much debt could fuel double-dip recession

    You are absolutely correct about BO. Making these stupid comments while planning to approve a new health plan costing trillions. It only means one thing. Taxing our asses to death to balance his budget.
  14. R

    Should you have a set loss and gain for the day?

    I agree. It works just as well for Oldbies.
  15. R

    Meet the New Boss, Obama; Same as the Old Boss, Bush

    Yes, they are both in the "bush leagues" when it comes to big money center institutions.
  16. R

    Anyone reviewed this course?

    Better look again at the cost: "...This type of course is typically sold for $1000 to $2000 by other educators but we want this to be affordable to as many people as possible. We normally sell this at $745 but for a very limited time, we are offering this package for $497..." Mitch King...
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    Volume analysis is to be discarded as it is "too much information"

    Jif, RedNeck Trader is one of the most highly respected traders on ET. He has always given back 10 times what he received from other traders. He responded to you in a polite manor and gave you every chance to keep the conversation going on a technical basis without groveling to your lower...
  18. R

    A move from XP to Windows 7, not so easy.

    In the ideal environment MS would only build the Operating System and publish a uniform security requirement to all third party developers. This way security would be unbiased and easy to administer. But, that is not how it works today. Microsoft (MS) has their heads up their asses on security...
  19. R

    Tradestation Scanner not giving expected results

    My experience is the same as yours. I have not been able to get a single scan to work with any of my indicators. I’m guessing, but may be scanner does not work with indicators that reference functions. All my indicators use functions.
  20. R

    What to do?

    I was in IT 35 years before trading full time. I saw your case over and over. You obviously have talent. No one pays 200K a year unless they intend to pick your talent clean. You will be expected to reveal what you know and will be under a great deal of pressure to deliver. It makes no...
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