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    Mental break-down from TA

    Finding the setup or the pattern is only a preliminary step. You're leaving out everything else. Which is why your paper-traded results are unrelated to your real-time/real money results.
  2. L

    Current SCAM on ET.

    I can't believe this scam is still going on. How many years has it been by now?
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    Did IB change something today?

    These slowdowns and burps are a continuing problem, but I'm not surprised that "no one else" is complaining about it. One learns not to. LC
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    Mental break-down from TA

    You pretty much have it, though 2&3 could be more clear. You don't learn simply by doing it over and over again. If one is doing something wrong, doing it over and over again is more likely to entrench the wrong behavior than to correct it. You have to have some sort of objective or goal in mind...
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    Can Anyone Honestly Vouch for CANSLIM?

    CANSLIM's days were numbered when funds began to proliferate. When those funds began to buy stocks based on expectations of earnings rather than on earnings achieved, relative strength -- "L" -- became far more important than "C" and "A". As for "I", any at-home trader who thought he could find...
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    What serious alternatives are to QT?

    I've always been happy with Sierra, though AmiBroker has its fans as well. As far as the assurances regarding changes, Clearstation (and others) said the same thing when they were sold. In some cases, as with BigCharts, the changes have been minimal and MarketWatch has maintained pretty much...
  7. L

    QuoteTracker Bought out by TD AMERITRADE! YIKES!

    Yes, I've wondered how Chip at stockcharts.com has managed to hold out as long as he has. I believe he's the last. LC
  8. L

    How do you solve this problem?

    Actually, like the first, it's about your inability to formulate a trading plan. Don't you have a parent or guardian with some control over your expenditures?
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    How do you solve this problem?

    Looks like we have another "Nathan" thread. Before this goes much further, perhaps those who might post would be interested in the following: http://www.elitetrader.com/vb/showthread.php?s=&threadid=76477 Looks like just more of the same. LC
  10. L

    Poll: Choose between 2 traders

    But it says nothing about his ability to teach. So, again, it depends on whether you want somebody who'll teach you how to trade or you want somebody to imitate.
  11. L

    Poll: Choose between 2 traders

    I'll take the trader who teaches you how to trade, not just provide signals or something to imitate. What he makes is irrelevant.
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    Why learning to trade from Jack is so difficult

    Because if it's simple to understand, it can't possibly be worth anything. Look at the "Simple Profitable Method". Just about anybody could make money off of it, but it's too simple. There's no pain. Better to focus on something that's practically indecipherable. OTOH, I don't live next...
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    How to trade. . .

    I'll go with kiwi and Mountain. A. This is not the place to make the sort of recommendations you're making. One of the more common recommendations made to beginners is to read Murphy or Pring. This is akin to handing an Advanced Calculus book to someone who does not yet know how to add or...
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    Divergences

    You need more than this. You also had a sto divergence from July to August which meant nothing. Plus your MACD histogram "divergence" is not a divergence. The bars are getting smaller because the distance between the MACD lines is narrowing. This is consistent with a steady uptrend. LC
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    Trading In The Zone

    However, this isn't about The Disciplined Trader. Without a consistently profitable trading strategy, one is left with chanting and amulets. Those are not likely to be helpful.
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    Trading In The Zone

    I must be missing something. If you haven't read the book, how can you know what it emphasized? The basis of trading in the zone is a consistently profitable trading strategy. Without that, the book makes no sense and has no point.
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    Trading In The Zone

    I'd love to. And when you get some experience under your belt, who knows?
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    Trading In The Zone

    The surfing analogy is a good one, though sailing is for me closer to the mark, particularly when it comes to reversing direction. All of this is missed, however, by traders who view trading as a battle, a fight, as killing the competition, as lying in wait before pouncing, etc. And while...
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    Trading In The Zone

    I find it interesting how experienced traders and beginners view this book differently. The experienced traders think Well, of course. Whereas the beginners think it's nowhere near that easy, what a crock, etc. Of course, the beginners cherry-pick quotes to disagree with. They invariably...
  20. L

    Technical analysis with artificial intelligence

    And if there were, everyone would have it. Think about what you're saying. And google Long Term Capital.
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