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And so do 14,3 Stochastics :p

Pull up a 60 minute chart and you'll see that the S&P has been trending in a perfectly defined upward channel since around the 17th. The question is, will it continue? Opinions?

How are you getting around the accredited investor rule?

How do I take a screenshot on my chart? I'm using Stockwatch Pro.

So I take it you only intend to manage friends' and family's money?

Am I the only one who sees a huge head and shoulders pattern that has just been broken on the 5 min SPY chart?

Did you have to get any licenses to get the hedge fund set up?

Ya, I agree, in theory 3 is the wisest choice. But you cannot implement a Russian withdrawl from Chechnya in the context of terrorist demands. If Russia had pulled out as a result of the hostage situation, then you can imagine the influx of hostage-takings that would follow, not only in Russia...

Maybe there are people who use Wizetrade profitably. That's not the point. The point is, and I've seen the infomercial, that the way they market the product seems unethical. They use unrealistic, outrageous examples to persuade the public. They are misleading people into thinking that any idiot...

At least lawyers are thought to be rich, which is just as false as thinking all daytraders are broke.

mind explaining why?

I know it's possilbe to trade odd lots on SPY/QQQ, but will there by any detremental effect on execution speed or fill? Thanks.

How'd you meet a lot of traders by working in law?

Maybe you misunderstood me. The point of my post wasn't to ask how traders deal with people not thinking they are great, or giving them as much respect as brain surgeons. My point was to discuss the psychological effects of the mass perception that daytrading is a losing gamble, or more...

I guess many would consider a hedge fund manager who's a college drop out to be very suspect.

He's right. He trades between keg stands :)

stocks with low p/e's are super duper strong buys

trader solipsism?

I think there are distinctions that need to be made here. There are certain tasks within accounting that are indeed better suited for computers to do. And there are several programs that do just these tasks. But I'm talking about the most complex aspects of accounting that still necessitate a...

I find it hard to believe it's a sales pitch considering the guy wasn't selling anything. Nevertheless, it an argument. It points out a task similar to trading and demonstrates that it cannot be computerized, implying that that the same conclusion can be reached for trading. He's drawing an...