Search results

Stock777, I've made many eroneous counts. Mostly small waves. Either way I don't trade off EW because they are unpredictable and can send you in the poor house if you miss a wave. But I don't know of any other TA that can give you long term predictions many years ahead.

I wouldn't say it's garbage, but it is too subjective for most investors to use as a trading strategy. It is a great reference as to knowing what is happening currently. I used Ewave to call the 11/29/02 high of 28.79 by 21 cents...

J.Medved, just want to congratulate you on your work, awesome software!!!

How about Brokerage America, anybody using it? They only have free trades using Market orders and only over 1000 shares. Limit orders are $5. One thing that sounds good is online bill pay service and check writing capability.

It will be a while until I use a mechanical stop, I normally keep them mental unless I'm out for the day. They do have all the fancy buttons Ameritrade has including MOC orders. All I can say is I put 2 market orders for shorts and was surprised to get the ask on one and right down the middle...

Digs, Just put in 2 Market Trades with Freetrade and I'm very impressed. They filled in 1-2 seconds for a good price. I would highly recommend them.:)

Digs, When you log into Freetrade the site looks exactly like Ameritrade with all the fancy buttons. Very sophisticated compared to Scottrade. Even when you wire money in, it goes to Ameritrade. I'll put in a few trades this week and get a better idea.

Freetrade now offers 0 cost on Limit Orders in addition to Market, and Stop Orders on the first 25 trades per month, then charges $3 per trade for trades 26 to 100 each month. Sounds like a deal to me, I'm currently using Ameritrade and Scottrade. I guess I need a third Broker and will try...

JeanMichel, How do you add securities to the chartlist on that incredible charts program?

You can trade some Canadian stocks in the US Markets. One ETF that comes to mind is EWC but has low volume.

Save your money.:cool: http://www.ttrader.com/mycharts/display.php?p=9185&u=mrwsm&a=MRWSM%20TA%20Charts&id=242

MrMarket, Do you have a stop strategy? :confused:

Dustin, The same could have been said when the Nasdaq went to the -50% mark. Comparing it to the Nikkei it should have had a nice rally, instead we did get the rally but only after a major drop. So your 6 month rally could be possible but it might come after another immediate major drop from...

The second chart looks better. The Nikkei hit a top on December 29 1989 at 38,957 and hit a bottom so far on October 10, 2002 at 8197.

I don't know anything about MrMarket's history or his strategy yet, but he has been a perfect gentleman here through all these personal attacks. HELLO!!! Are there any Moderators here at Elite? These personal attacks are very childish and not becoming of this Elite Board. Otherwise you...

Oct lows will be tested, they will hold. Look for a 25% rally from there. Then it's TOAST!!! JMG:)

Babak, First you start this thread with a highly political comment and then you say you want no political views? Funny. Just to note, I disagree with your oil theory, especially after 9/11.

Trader or Daytrader has really become an ugly word. The length of this thread proves it. I often struggled with the same thing. My revenge to the ridicule is being successful. I usually don't bring up the subject, and only converse about it with others who do the same. I usually just...

If you try to lose it, you'd probably end up being a reverse contrarian and end up with 2 Million. Then you'd have twice the problem.:cool:

Geeze, pretty soon you'll have more than Warren Buffet. Send me a $1 Billion loan and I'll return it to you in 12 months plus 100% interest.:) This site is starting to remind me of that movie "Life Stinks". The argument about who's the richest man in the world. LOL