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I would submit that someone who holds a position for up to five months without a "stopless" strategy, as does Mr. Market, is more an INVESTOR than a trader. I would also bring to your attention that Oneill's IBD stands for INVESTOR'S Business Daily. A swing system that holds for...

Thanks for the reply. I wasn't aware of the "protection of the account" issue, and that alone would be worth forming the partnership.

Other than the ability to fund a retirement plan, are there any significant benefits to forming a husband/wife partnership vs. filing a sched C as a self-employed "Trader in Securities"? Thanks.

The person who started this thread never mentioned moving average crossovers,so I don't understand your reply. There seems to be this ridiculous notion on this site that anytime someone mentions MAs, it is automatically interpreted as being a "crossover system". There are an infinite number...

Where you should be buying is when price is significantly below the MA, not above. Think about what an MA is. It is a picture of where price has historically lived. It is the "gravity" that a stock price will typically revert to. Going long above that level is not going to generally...

I assume the stock is at least pretty liquid.

You're putting the cart before the horse. Your first objective is to determine a strategy. Your selection of stocks will then flow from that decision. What I trade with my strategy may well be completely different and apart from another trader's stock list, although we may both be...

My bet is that you are good at 29.30. It also popped up on my alerts. A sharp intraday downturn after prolonged daily weakness in a good stock often attracts attention and gets things started. JCOM has a ton of shorts and there could be a nice sqeeze setting up. It's time for them to take...

I haven't the slightest idea what any of this means. If you wrote a trading manual you would make millions.

Trading news events AFTER they happen, which is what you are doing with a trading halt, is a suckers game. They are usually extremely volatile, and you will get shaken out. Not at all worth the risk, and impossible to predict short term direction.

Actually, it would not be a bad business model if it was arranged that the commercial entities who were posting were to pay me a "click-thru" rate. Search engines have generated much of their income from a similar model. As far as setting up a site for traders, who would want the grief...

Really? All traders are losers? I''ve netted well into six figures thus far this year on low risk swing trades. I work where I want, when I want, and I answer to nobody. I pay no employees, no office rent, and I have no clients to report to. In June I traded from Hawaii and in September...

Just be careful with your leverage. Right now you're playing with gains with the backup of a job. But when you leave your job you will (hopefully) become more realistic about risk, and remember that pigs get fed but hogs get slaughtered. Set a monthly budget that you need for living expenses...

You need to first establish a clear strategy for your trading. Then you select the stocks that best respond to that strategy. The most effective way to do this is through backtesting. What stocks clearly provide the characteristics that will support your strategy? What are the fundamental...

So you would prefer what? The usual crap here on ET with inexperienced loudmouths spouting their projections without anything to back it up? Given the choice, I'd certainly prefer to hear somebody like AMT4SWA put his cards on the table and confidently take a stand. I can't personally...

Has nothing to do with the "market". Has everything to do with the fact that the seats may be worthless when the NYSE moves to full computerization. And there's nothing wrong with the market. This weakness is a completely expected and natural pullback from a very strong run.

I'm long JCOM. I'd appreciate it if you wouldn't short it. Thanks.

If you are simply trading for yourself, there is no reason to set up a corporate entity. You can gain nearly all the benefits with none of the hassle by simply filing as a "Trader in Securities". Go to http://www.greencompany.com and you'll find much more information related to trader tax...

If you enjoy creating systems, backtesting and trading, but don't enjoy programming, I recommend InvestorRT (www.linnsoft.com). Easy to learn and use, fast, and very flexible.