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I've done the TTM room. There is no education, no screen sharing, but you can get them chatting with you sometimes. Calls were about 50%. They were often late to the room, logging in after market open. They switch it up amongst four or five people, so there's no track record either.

This is interesting, because I always thought the TA dome was one of the best. Why not just use IB? Is there's any slower?

Can anyone help explain the change in the tick data?

It's hard to tell looking at charts because they do reverse splits all the time to jack the price back up. FAS and FAZ both almost went down to zero. If you'd shorted both then what ever was lost in one day by FAS would be recovered by FAZ but magically they both end up at zero. They...

Why not move outside the states? Tax advantages, plus you can go somewhere with a lower cost of living. All you need is internet connection.

It's always amazing how accurate after the fact traders are.

tradethenews.com gives you instant news alerts before they google finance.

Kind of off the subject, has anyone ever shorted FAS and FAZ at the same time and just held them for a few months? Seems like the scam of the century.

The rule of thumb used to be a real rule in the US. It stated that you were allowed to beat your wife with anything, so long as it wasn't bigger than your thumb. If it was, then you were abusing here, otherwise you were just giving her what she deserved. I think the same is true with your...

It's not 90% it's 92% and that's a cold true fact. That's average over a longer term period, not just month by month

It's part of the big delusion that keeps suckers coming into the market. Some people are wonder traders on forums, but in real life, when you can't go back and change your mind a couple of ticks later, even wonderful trade setups, that worked out, can still leave you with a loss. That's the...

Well, I'm signed up in the room. I'll let you know how it goes.

I disagree. I think the plan B option is to become an investor, I think there is no part time trader option. If you want to be a trader, then you want to do this full time, otherwise you shouldn't. Since more than 92% of all traders lose money, this is not something to dabble in. Investing...

Hey Leela, Norrin's been a big help for me. You noticed on Friday he bought right off the open , and then switched to SDS and sold the ES right near the top of the day. and like you said, he explains each entry and give plenty of time to enter. The other nice thing about his calls is that...

you should stop trading. Paper trade until you are consistently successful. Then trade with very small position size, and prove that you can earn profit. Then slowly leverage up. Make a very exact trading plan and follow it. Make a business plan. Don't trade real money until you...

I got the squeeze indicator for thinkorswim from here: http://sandp500analyst.com/forum/viewtopic.php?f=13&t=36 Just copy and paste it in. They're about to start hawking the darvis indicator as well, but that one's already built into thinkorswim for free.

It was a distribution. Not everyone knows about these. They're not listed like a normal dividend so alot of trading software programs don't pick them up and list them as a dividend. Unless you trade proshares all the time, you wouldn't know these distributions exist. Who's got time to...

It can be hard to go with a trending day like yesterday, but one thing you can do is when the $tick hits 1000 and then shortly comes back and hits again, go ahead and look for a long entry. You could also just want for new highs and pop in. Another useful tip for a day like yesterday is to...

My turning point as a trader came when I realised that I had no idea what was going to happen. That's when I began to only trade what I saw. I look for the exact same set ups every time, and every time I see them I pull the trigger. That's because I know that had this been done for the last...

Sorry, I mean from the day before yesterday to yesterday, It gapped down from 22.36 to 17.18