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    I thought this was a bullish hammer, but I guess I was wrong (pic)

    Even here it says for a bullish hammer pattern that the color of the body is not important. http://www.hotcandlestick.com/directory/Bullish%20Hammer.htm I must be missing something obvious... :confused:
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    I thought this was a bullish hammer, but I guess I was wrong (pic)

    What is the difference between dark hammer patterns and white hammer patterns? One of the definitions for "hammer" I found on line said: A small body (white or black) that closes near its high with a long lower shadow. ...which made me think that as long as the shape was right, it didn't...
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    I thought this was a bullish hammer, but I guess I was wrong (pic)

    I've never even heard of a falling knife before. Off to google... edit - pretty much no help there. Can you define it please?
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    I thought this was a bullish hammer, but I guess I was wrong (pic)

    Good thing I was paper trading... What did I do wrong? Why wasn't this a good buy signal? edit - that's not the closing candle of the stock today. It's a pic I took early in the morning. However, today was still a down day. Unfortunately I can't get my charts to refresh right now...
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    Cramer calls chinese "chincs"

    Japanese has two words for the country of Japan: "Nihon" and "Nippon." They are somewhat interchangeable but "Nippon" has a more "national" feel to it and tends to be used with things like shipping companies, during times of war, etc. The derogatory term "nip" comes from "Nippon" and was...
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    My paper trading journal (doing better than my real portfolio)

    I forgot to update: For 6/1/2007: BTH: Short KMX: Short CBB: Short Only 3 picks for today. --------------------------------------------- Ok, last night when I was looking at the chart for CBB, it showed the low and the close were the same. And this morning when I look at...
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    My paper trading journal (doing better than my real portfolio)

    The daily charts so far today for NI and PAY are wack. There are many 2 min bars in there where the OHLC are all the same, so the "candles" look like this: -- lol. wtf. btw, as of now, NI and MENT are up, PAY, GNTX, and APC are down. So I'm 3:5. However, they weren't that way earlier...
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    My paper trading journal (doing better than my real portfolio)

    For: 5/31/07 NI: Short PAY: Short MENT: Long GNTX: Long APC: Short
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    My paper trading journal (doing better than my real portfolio)

    Ack didn't do very well today. MBLX is the only one that's actually down.
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    My paper trading journal (doing better than my real portfolio)

    For 5/30/07 MBLX: Short IIG: Short UTIW: Short BIVN: Short Sorry, no longs for tomorrow.
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    My paper trading journal (doing better than my real portfolio)

    I've been doing this on offtopic.com since last week, and I thought I'd post it here, as well, and get some feedback from you guys, too. I pick a few stocks each night to take long or short positions the following morning. Each stock is held a maximum of one day, but may be sold earlier (or...
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    Help me with this mental algorithm

    ^ I meant 50% of the time, not >50%.
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    Help me with this mental algorithm

    No. But I'm only referring to money management in this thread, because you should use good money management regardless of what your edge is. Ok here's my thinking. There's this brain teaser/puzzle thing. It works like this: There are three cards, face down, on a table in front of...
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    Order size question

    Really? I didn't know that. Interesting. btw, to the OP, yes, you can buy whatever sized lot you want. 99 or 100 or 101 or 29458 as long as it's an integer :)
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    Help me with this mental algorithm

    Say you've decided the night before if you're going to go long or short at tomorrow's open. What is the best algorithm for opening price action when you've decided on a direction (long or short) for the day? I made a list of everything that can possibly happen (within reason) and I'm trying...
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    Watch a Newbie Blow his account

    How do you do 15 trades a week in a $12k stock account? Didn't you trigger the PDT rule?
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    Watch a Newbie Blow his account

    I know how you feel. I have that power, too.
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    Was there some good news today or something?

    All my short pics went up (SEPR, DRYS, SONO, GNK, EXM) Good thing I just paper traded them today. Seems like everything today was up, except my newest long (AMD). Heh. Real money on that one. Oh well.
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    Is there a site where I can view historical intra day charts?

    opentick.com? Can I view it on the site or do I have to download something or import data or something. I need intraday data to manually backtest part of a strategy. The entry can be tested with end of day data but the exit has to be done on intraday charts because stockfetcher.com...
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    vitamins mineral and foods good for trading

    On a whim I did a search for "phenibut" and got this post. Except the poster only has 1 post so I doubt he'll see this reply. Phenibut is nice, but don't use it more than twice a week @ like 500mg . You build tolerance to it very quickly and can get nasty withdrawals coming off. Google...
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