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An aborted daytrader?

Since we're showing our curves... I keep my performance figures public for money I trade for other people. It's not that long of track record, but its going in the right direction. If you notice at the end of the curve its getting tighter, this is from intraday swings vs. the multiple day...

I think the most important trendline is your equity curve. If it's going up then your method is correct. :)

I think the problem is that TraderRx left and there is no specific person to pick on anymore. He had his alias' but they seem to be gone as well (probably due to the 55,000 login name limit). I think we need to find TradeRx and let him back on.

I've been following DYN to possibly add to my portfolio. On paper its a great stock because its very volatile, but watching the spread on it makes me wonder how anybody trades it! It goes from a low of .10 to .70+ every 10 seconds! The volume is large around 5 million per day. That seems...

You might check out www.mrswing.com He's just developed software to scan for setups. You might get some ideas from his work. I haven't used it. A good scan function would be looking for stocks x% from their previous days' high/low since most succesful swing traders use these resistance...

Ok I was wrong. There's some good ideas mentioned. I guess there's nothing absolute in life.

Yes. Good luck on getting people to share. Only info you'll get is "Garage Sale" items they'd sell for 10 cents anyway. It's nice to get all the charts showing convergences, s/r, moving average crosses, but you never get a whole sysem thats lets you trade consistently, just pieces. The true...

So do you have free bandwidth Chartwiz to put out streaming video like that? Good video by the way.

You can at least do this business on paper before trying, unlike a brick and mortar business. You also can try and fail on 20K 5 times and still not lose as much as a conventional business startup. And the rewards are huge if you're successful in some cases. So I think the risk/reward is more...

I've looked at many performance records of chatrooms, and most of them seem to be deficient in math when calculating their returns. An example that's very common: 10/15/2001-10/16/2001 AMAT $10,000 invested 5% profit 10/15/2001-10/16/2001 AMCC $10,000 invested 10% profit For a total...

Wow, that would make it worth it. All my darn slippage is in my short positions. Thanks, I'll look into that.

Sorry to piggyback your thread with a question, but does using Tradestation with equities allow you to automatically enter and exit hands free? Or is it just signals and you enter the orders manually? I don't want to pay $10-$15 per transaction, but if it was automated it might be worth it...

I looked at adding the QQQ to my portfolio but it doesn't have much volatility compared to other stocks. Do beginners and people with huge portfolios primarily trade it, or is there some other attraction to it?

I second that. Every losing traders' "hope" overrides common sense when listening to somebody's profitable approach to the market, and many times they end up down another dead-end alley. If you're successful, and have the data to back it up, then why not publish your results? Why is everyone...

After almost 8,000 views, Chartwiz' daily commentary appears to have had a large following. Unfortunately, after page 9 of his thread (below), things started to degenerate and Chartwiz decided to pack his bags and leave. So in the interest of fairness, here's a poll to give your opinion of his...

I like to keep a good conspiracy going. These links are from a google search on the subject. If someone is manipulating it sure is helping my retirement account so I can't complain.

Chartwiz, why don't you give us some background on how you trade, your profitability, etc. New people come all the time and give advice, but we don't know if they're selling something or truly wanting to help. This is a big forum to advertise chat rooms, prop firms, etc., so we're all a little...

I've been thinking the same thing. The market bounces at key technical points where it should drop, making you think someone knowledgeable is propping up the house of cards. I'm glad I don't rely on my market opinions to trade or I'd be broke. Here's a couple links to stories on the subject...

Intraday exits are far superior (IMHO). My system improved 2x-3x when moving to intraday exits.