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I'm falling back into the indicator trap. I keep trying to find that magical combination, like: "ok, when x indicator falls below 100, then look for a negative crossover of y indicator, but it only counts if the red line on z indicator is below the green line..." Then I find 5 good trades...

My guess, and based on my initial observations (but I'm still a noob), is that different stocks are going to be noticibly different. I look at the same few stocks' intraday charts most days, and some of them consistently trend nicely, and some of them consistenly chop all over the place. I'm...

I didn't ask if you think it's a valid system or not. I asked what you would do if you were in that situation (not that I am in that situation, but I was just wondering). How could commissions eat you alive when you're making 1 or 2 trades per day? Assume for the sake of argument that...

You hear about "that guy day trades for a living" or "yeah, that guy's a day trader" and it's their only job. Are other types of trading profitable enough to *live* off of? I've heard that total profits are potentially higher with swing trading than day trading, and then I've heard the...

I said you can't just scale your position up to $60k... can you?

But the system only gave you one or two long or short signals per day, and each one was only good for about 2 cents per share? (assuming a $20-30 stock) You can't really keep increasing your position size so that your 2 cents per share per day gain becomes enough to live off of, can you? Say...

Cliff's notes?

Are you MTM?

Oops, sorry about that, I was wrong. It does not have a seperate Woodie's CCI indicator. It has a few Woodie's indicators, but none of them are CCI. It has: Upper Indicators: Woodie's Chop Zone Woodie's Pivots Woodie's Pivots Extra Woodie's Sidewinder Lower Indicators: Woodies's...

Maybe this question has been answered already... I read the first page and then jumped to the last page. Is "Woodie's CCI" different from normal "CCI?" QuoteTracker has CCI and then it also has Woodie's CCI.

bump because I would like to know, too.

Is that ignignokt attachment their fund logo or something?

Where did those come from?

Hey, I'm a noob, too. Do you necessarily need a bottom to the channel in this case? A high and subsequent re-high have been established, so we know that's resistance... is it a safe bet to short from here if you're only planning on a small gain? PS. I'd look up the current chart myself...

What are those? In for more info on pivot points, too. QuoteTracker has some pivot point indicators but they don't ever do anything when I enable them.:confused:

That sounds to me like TAs don't work 70% of the time. So trading opposite what the TAs tell you to do would be profitable 70% of the time? I already made a thread about that and I was told that's not a successful trading strategy, in case you were wondering. So: Follow TA = lose Do...

:eek: :D

Hold on, 95 views and no one has any experience with either of these? Please help a noob out.

How come I don't see those then? arcx was in the MM column so I thought it was a MM. btw, it was arcx, not arca. Are MM names always in caps?

Here's what I'm looking at. I was reading the help file and it seems this isn't "full level 2," whatever that means. That horizontal bar above the quotes... is that bid/ask pressure or something? Can you use where the vertical black bar is to predict market movement?