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I've never learned to use the "ignore" feature here on EliteTrader. But there is no better time than right now.

Believe me, if you have read everything at Barnes & Noble, IMO you have read all you need. The rest all comes from experience and taking your licks. Good trading is simple, clear and logical, and once you "get that" you'll wonder why it all seemed so hard in the beginning.

Typically lenders want to see at least 2 years of income statements as a self-employed person, no matter what business you are in. Generally they don't care if you are selling chickens or trading stocks. Although I wouldn't go out of my way to headline that you are daytrading. You are a...

Why not?

Although...I would caution you that this recent market is not going to give you a realistic study over time of where your profit targets should be. I've left an incredible amount of money on the table after hitting my targets, and I'm sure others have as well. Are you using any software for...

From your answer, it appears that you are buying momentum with a lot of "discretion" in your system. That is an extremely difficult thing to do in any timeframe, as momentum profits can often be very short lived, and you NEVER know when it is going to fade on you. To solve the problem, I...

Absolutely agree. Whether the time frame is minutes or days, the object is hitting a target and moving on to the next trade.

What sets up your trades? Are you buying strength, or weakness?

A good question. Please post any information you find that might be helpful to others who are interested. Thanks.

The problem with a straddle is that your underlying has to move one hell of a lot in a short time in order for you to start to see green. And if you fail, which is likely, you lose on both premiums. I've made a few bucks on straddles on drug stocks, but only when I had a sense that an FDA...

Everything you just outlined can be done with Investor RT. You will create quote pages containing your stocks to watch. (Similar look to an Excel spreadsheet). Then you will create a column in that page that calculates the EMA of each stock. Then you will create a backtest that each day...

It sure is easy to feel that way sometimes, isn't it? But doesn't it turn on the definition of success? If it is just dollars, well, sure, screw everything and everybody. But if success is more than just the money, then being ruthless is not a prosperous way to go. Eventually, somehow...

With responses like this to an honest offer of sharing information, why would any successful trader want to post anything of value to you? What is especially sad about your posts here, and in other areas of EliteTrader, is that if you would take the time to learn from what others can teach...

Or, an even better idea. When you start making anywhere near as much money as I do, you can contact me and we can share trading concepts. In the meantime, you might want to stop trashing other people's posts.

I trade a very profitable, robust swing system on a limited number of stocks. Easy to enter, easy to exit. Backtested over 8 years and traded for a year. Solid in every market condition. I'm interested in developing an intraday index system to trade while waiting for my swing setups...

If you truly expect to have credibility with any intelligent group of people, your web site sure isn't helping. If it is for real, you're a SERIOUS head case. If it isn't, then I congratulate you for a great parody. http://members.aol.com/ebarsamian

Go here and enter the NET results of your backtesting, after commish and splippage. It will present an equity curve. http://hquotes.com/tradehard/simulator.html

:) :) :) :) :) naked puts suck:) :) :) :) :)

It simply indicates a good relative strength. That in itself isn't a buy signal, but if you were given other buy signals it could help in the decision. IMO, on a list of 10 reasons to buy a stock, it would not be at the top of the list.

Yes, it is absolutely possible, assuming by swing trading you are speaking of multi-day holds. But of course you need to develop a workable system that will be based on only daily charts, with orders entered for the market open. Nothing wrong with that. You just won't make the same gains as...