Search results

Bots don't know much about this psychology you speak of... it's just going to go a bit over their silicone heads. I just programmed a new bot that will go live on Monday. Here is the code: If market open = true then buy next bar at market; I will have this working on a one minute time...

This may be the case but from here on out I am letting my autotrading software take care of the markets for me. If I find a profitable strategy in other markets I will let them run. I have been trading stocks and index futures full time for almost 3 years now so that is what I know best. I truly...

This is very very true. You are talking to someone who went on a 22 day consecutive multi-thousand dollar a day streak in 2008. Including making 48K one week and 29K the next. I have automated my best trading strategies and am starting to look for fulltime work (Thankfully I have business...

The fed must have made an emergency rate cut... It was cited they didn't like the markets reaction to the discount rate hike. Bernanke further stated he likes it when the market goes up.

We may have just witnessed the great panic of 2010... a five point selloff in the ES.

Little nipper won't go down without a fight. Markets are not allowed to go down until all margin is exhausted.

Anyone who thinks this shit ain't rigged to fucking hell better wake up. Forced shorts to cover at the close now we gap down 50 handles lower. I am 100% done manual trading to outsmart these crooked fucks. They can't fool my trading systems. 100% price action. No bullshit. It doesn't give a...

MOTHERF'RSSSS FED raises discount rate!!! FUCKING BASTARDS.... WAIT TILL THE FUCKING CLOSE WITH THAT SHIT FUCK YOU

R.I.P. discretionary day trading. My autotraders make more money then me now. This is some cracker jack market we are playing with here. I am done until I see tradeable markets again. Could be a few months.... could be a few years but the markets always cycle and it's time for discretionary...

DAMN IT AMMO!!!! I SAID STAY OUT!!

Here is the chart

Has to happen today or not at all. There is a little trick the market can play to get through the declining 50 day sma... If it stays at this level tomorrow it will open above the 50 day sma and cause shorts to cover a teh open leading to a continuation of the rally. Not gonna happen. We need...

I'll tell you at the close. You staying out of the short side is one of the keys to this setups success.

They timed it perfectly for a reversal. Almost 90 minutes left and no place to go but down!! This is one of those EXTREMELY RARE obvious reversal days.

Exactly the type of capitulation I'm talking about!! This is a textbook top.

Nice capitulation. Love it.

Get ready for a nice little bear market selloff. Tagged the declining 50 day SMA at 1104.50. Touching major levels is the only thing that wakes up volume in the market now a days. Nothing but bots trading this mess until then. Looking for a close at around 1090.

You probably just had a lucky streak and its over. The market loves to play tricks on peoples minds... makes them look like paranoid schizos. Any "player" would let a barnacle like you make 10's of thousands a day without even flinching. If you were trading a medium volume stock and were...

Hey tradelink, Do you support hidden or reserve/iceberg orders through Interactive Brokers?

So this would be the same as what I said in example 1. Only use one share in backtesting. This would get me results that would optimize total net wins. But it doesn't take into account that when you have a tighter stop you can use more leverage and make more on winners. It seems that any...