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Your recollection sucks. From his book: "A trading day that has a normal trading range but produces a very narrow daily pivot range for the following day usually is an indication that there will be a more volatile trading session the following day." Therein lies the key.

Jeff Cooper calls it an "undercut". Whatever the pattern is, it manifests as a double bottom, prices look like they're about to break, and then the reversal within the last hour occurs. It's happened the last 3 days. Macro hedge funds getting flat at the end of the day have really magnified the...

Attached from 07/01/03

The key is knowing which days to buy/sell the A Up/A Down and which days to fade them. For example, the last two days have been great A Downs, e.g., narrow Pivot Ranges. See attached chart.

I did when starting out, now keep a low profile - once you achieve your goals, the title doesn't seem important any more. But yes, it's great for getting laid even if you haven't made it yet, as long as you insist on her place.

One of the disturbing trends is the looting of the younger generation (with little money and little power) who will eventually have to pay for the meds of an 89-year old woman on 13 different drugs (true story presented on the Senate floor). Prescription drug coverage for seniors is yet another...

Pedro, performance reports for scalping systems (5-minute time frames or less) are extremely deceptive, especially breakout systems where slippage is a greater consideration. Fills and spreads are everything. Slippage of a penny on either side can blow what appears to be an extremely profitable...

bung, go directly to C# and save yourself the typical programming headaches such as chasing down bad pointers http://www.c-sharpcorner.com/language.asp

1. Elimination of pointers 2. Garbage collection (eliminate those nasty memory leaks) 3. Object-oriented framework (all classes derived in object hierarchy) Think of C# as a Java-nated C++.

Yes, the only thing that matters for me is the little green light telling me that the connection is active, i.e., quotes are being transmitted. Everything else gets minimized and once in a while a dialog box appears and says there's an order. Then out comes Maxim or Card Player magazine...

Bloomberg base system is $1640 per month, not including exchange fees (some buy it just for the news feed). Most trading firms have a soft-dollar arrangement with their prime broker or execution house to take care of these things, however. If you have Bloomberg television, the alerts flash on...

Did you see the women melt for those trader types? Ooh, he's a trader. Hell, you don't even have to make any money to get laid! Better than any pickup line... :D

Spoken like a true cult leader... the problem is when one does a search of Amazon.com for any one of those 30 books and gets a selection of dinner menus involving cheese and chocolate: Restaurant Menus: See all 12 results... See "Jack Hershey" on Page 4 of the menu at Silver Cloud...

Nice post Aspen. One can learn from reasonably priced, white box systems. There are some out there.

Don't want to confuse those media types :D

Yes, learning the market in the beginning is a disjointed, non-linear process. If I were to generalize my evolution as a trader over the years, then it would be as follows: 1. Learn the major areas of technical analysis. This is an ongoing process; investigate everything. Don't be dismissive...

Ah, good topic. There was an interesting interview today of a couple of former Fed governors. One actually said that the market "wants a 50 bp rate cut." My immediate reaction was, oh man, if the Fed is really thinking this way, then they are on glue. But then the other one came on and asserted...

Excellent strategy Daniel. My only suggestion is that you try to bump them off before they reach Social Security / Medicare. With the prescription drug coverage bill about to be passed, 93-year old Auntie Em on thirteen medications will soak the younger generation of any remaining wealth they...

{comment: if today is not Monday} if DayOfWeek(date) <> 1 then {comment: if the time is greater than 10 am (chart is local or exchange time) and less than the symbol's ending session time} if Time > 1000 and Time < Sess1EndTime then You get the idea...

(not shown in pic) TradeStation upper left Bloomberg upper right RealTick lower left ET lower right!