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    NexTrend Charting Software

    I don't stress the software very much, as I only use candlesticks, sma's, and some simple calculated numbers. One major improvement that has been made is the revamping of the code to handle negative numbers, however the limited number of variables keeps this capability modest. I would like to...
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    NexTrend Charting Software

    I am not an apologist for the company, just a long term user of the product. You may have picked a bad day to try to contact them if you did it on Friday afternoon. They were having some kind of data flow or bandwidth problem that rendered the service essentially dead for an hour or so, and...
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    NexTrend Hints and Tips

    The current version (as of 4/19) corrected all the bugs I noticed in the previous release. If there are any left, I haven't seen them.
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    NexTrend Hints and Tips

    This is my main screen.
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    Trading Maxims/Quotes

    Reminds me of Mae West: "Anything worth doing is worth doing slowly."
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    Additions to Book reviews

    Rather than quote, let me paraphrase. John Hayden said that everyone seeks certainty, variety, significance, and connectedness. As traders, we have no certainty, but variety in excess. We are utterly insignificant in the market, and often trade in isolation. Given that, it is clear why we have...
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    Additions to Book reviews

    I had passed up the Lukeman because of a mediocre review on SI. I'll look at it again if you think it's class. Thanks. IMO one good psych book is worth any 20 TA books.
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    NexTrend Hints and Tips

    I believe Mark Douglas recommended taking off half the position when you're afraid it has run its course, and the rest later, when you wish you had taken it all off! I have a simple rule: when the 5ma rolls over, whatever the time frame, I'm out. I don't wait to see if a consolidation and...
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    Additions to Book reviews

    IMO the community would be well served by the availability of reviews of trading psychology books. I have in mind specifically the insightful books by Mark Douglas, much recommended by the traders with whom I correspond. Eddie Toppel's, John Hayden's and Justin Mamis' books deserve note, as well.
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    Additions to Software reviews

    Baron - I would like to suggest that QuotesPlus 2 be added to the list of software which can be reviewed. I am a big fan of good cheap software, and QP2 qualifies on both counts. It is for download of end-of-day data and for writing scans to select trading candidates. I find it indispensable for...
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    NexTrend Hints and Tips

    ...I'm not an EliteTrader regular, so it escaped my attention until now that there is a software rating page here with NexTrend on it: http://www.elitetrader.com/so/ Get in there and post a review! Let me reiterate, or iterate, as the case may be, that I have no business or other...
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    NexTrend Hints and Tips

    ... to mention that I keep a separate computer up for offline work (you mentioned Lotus). Since it doesn't have to be fast I use a five year old slow dog.
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    NexTrend Hints and Tips

    Just concentrating on one monitor absorbs all my attention. I can't imagine using multiple screens! I do switch occasionally to three other pages: one with charts of all the indices to get a feel for the day, a full day one minute chart of QQQ, and a full day five minute chart of QQQ, all to...
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    NexTrend Hints and Tips

    Neil et al., here's my QQQ trading screen. On the left are the daily candlesticks for QQQ and NDX. These have any relevant S/R like major highs/lows, trend lines, and Fibonacci retracements added. In the middle are T/S, the Island Book, and the one minute nominal price chart with volume and the...
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    NexTrend Hints and Tips

    Thanks for your explanation. QQQ is a beast, but at least TA works with it. I suppose that the computers which play it and the NQ's are programmed that way! Today's action offered a perfect example at the confluence of a round number (37), a Fibonacci retracement, and the 100dsma. I don't use...
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    NexTrend Hints and Tips

    Thanks for teaching us how, with help from Baron! Re your screen, I'm curious why you use level 2. Mind you, I'm no expert, but if Island is almost always at the inside market, why bother with anything else? Anything outside the inside market could be totally bogus. I just keep up the Island...
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    NexTrend Hints and Tips

    ...for the description of your trading style. I can manage to have more than one swing trade on at once, but like you, only one day trade at a time. I thought maybe you had some secret! Let me describe what I do, and perhaps you can comment on how you do things the same or differently. My...
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    NexTrend Hints and Tips

    Your last post suggests to me that you may have multiple positions on at once. If so, what is your typical hold period, and how many issues do you hold at once? Your facility with NexTrend is admirable, but I would also like to talk about how you use it to trade, if that's not too proprietary...
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    NexTrend Hints and Tips

    Ah, you're from THAT Ireland! Too bad, you might have made a properly vicious good ole boy if indentured here to the southern colonies. My first ancestor here was exiled on a DOUBLE indenture, but in his defense they never proved that he really murdered his wife. Would you explain, please, why...
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    NexTrend Hints and Tips

    You have my sincerest condolences on your mixed ancestry. Here in the colonies it is no laughing matter. Those of us misfortunate enough to add to that melange the doubtful genealogy of Scotts-Irish and Welsh must forever labor under the sobriquet "white trash." Your kingdoms are peaceable...
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