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Agree vadym ... I had first been exposed to stochs in a different room, and it 'sounded good' when the op did it, but upon testing it myself, I found far too many false positive signals being generated. re testing, what I mean is, if anyone wants to test out my ideas, they can see the...

Hi - I test the techniques daily in my live room, that's the best test of them, from what I can tell, eg using live examples. Backtesting would likely not be of much use since much of each day's trading activity also uses realtime indicators such as 1) where's the TRINQ right now? 2) which of...

I've found that if I keep a pareto's law principle at work I do much better, eg 80% of my trades should be buying breakout highs over previous day's high, or shorts under previous days low, and only 20% of my trades should be bottom fishing or top shorting type entries inside the range...

Thanks for clearing that up, right - I'm not "kent calhoun" of texas who did all the options bs, I'm Ken Calhoun of Hawaii. I daytrade nasdaq stocks, I don't trade options/futures, and have only been producing materials for traders since '99. I graduated from UCLA back in '86 and was a...

Agree with much of the commentary here, it's hard to figure out the best way to provide a meaningful forum and not get into the tech support biz for other services, a la Baron's concerns, also re commercial-related posts by people looking for trader customers should be limited. I'd like to...

Good conversation... sup/res trading is fine in trending markets, in choppy markets new traders will get whipsawed. I still use s&r in choppy markets, the keys are: 1) Develop successful "filters" to avoid entering false breakouts/breakdowns -compq, 2d charts etc -time & sales...

Dear Baron and the Elite Trader Forum, I wish to take this opportunity and express my regret over how I handled some of my responses to the recent posts that were made. I most likely came off as intolerant to criticism/arrogant/pain in the butt... lol... not my intent. Let's take a look at...

Dear Baron and the Elite Trader Forum, I wish to take this opportunity and express my regret over how I handled some of my responses to the recent posts that were made. I most likely came off as intolerant to criticism/arrogant/pain in the butt... lol... not my intent. Let's take a look at...

And yes, I am mostly getting out of this business at the end of this year, because I think the trader training business is a shady one, and I don't want to be associated with it... my sites started as a documentation of how to "really" do it right... and I'm glad to be of help... But, I...

Hi - I do have all the stops listed, in fact for last week I took the time, based on your request, Brooks, to identify exactly the size of each one, eg 1/8 or 1/4 or whatever. I hope that clarifies? My latest performance page is at: http://www.TradingtheOpen.com/perform.htm Please let...

I think most of the people in the trader training business are bs, fwiw. I have a lot of critical comments on what I've seen, it would be nice to see professionals contribute to the industry. One thing I've started doing is inviting pros to do lunch seminars for the traders (eg Mark...

Best trades are always to buy 2-day highs as they're breaking out, in the morning, eg from 9:40 til 11am (same for shorts, short stocks making new 2-d lows): http://www.tradingtheopen.com/shorting.htm Ken :)

Try http://www.tradingtheopen.com Trade mgmt is critical, eg where to trail stops, why and when to enter etc.. If he makes 500K/day why does he run a pay chat room? lol Ken

The base price includes 50 symbols, you can choose any 50 you wish of course... it's not a lot extra for an additional 50 or whatever you want to track ... ($50/mo?) something nominal. Ken

Yes - re seminars at $3,000+ per person, that's way too expensive in my opinion. Do the math on those, eg a company with 80 people in a $3K/person seminar comes out to a quarter million per session for the seminar givers. One well-known company does the old "free informational seminars"...

Warlad, yes - esignal is memory-intensive, I found my old win98 system would hang if I tried to use many (eg over 40 charts) on my multimonitor rig. A Huge improvement is to simply go with Windows 2000. One of my traders recommended it, and it's terrific. :) Esignal on w2K is a super...

Unlike the big-company outfits that do these $3,000 seminars, I don't make anywhere close to a million a year. (gee I wish!) I'm a one-man company, working hard to help thousands of folks around the world, with low-priced high-quality materials that are Practical for daytrading Nasdaq stocks...

fwiw, my favorite trades are buying new 2-day high breakout longs, followed by shorting new 2-day breakdown longs. Eg XLNX traded in a 30-32 range yesterday, buy today on a breakout over 32.4, again over 33.4 type of trade...

I agree that the performance records are minimally useful. I do one only because "everyone else does" and it is the most-visited page on my site. That's one reason why I also include several months worth of downloadable transcripts - to see how I sound, how I teach, what you can learn, what...

Oh, and thanks Malcolm, Gene, for the kind words - appreciate it. Generally, people's reputation is built by word of mouth, which I think is great. Look further down the page too at the notes I have on performance at other sites, eg many amateur sites trade stocks like cien/jnpr, and...