Search results

I do currency day trading, and I am successful.

What is a rocket? Rocket is not a breakout, because breakout good be one bar, but rocket is multiple bars including a breakout. Now, many people enter immediately after a breakout or some wait for retracement to see others supporting that breakout. Rocket other hand you see people have...

To increase your sentivity in trading, originally Mr. Hershey proposed to use two more parameters in stoch, and they are- (5, 2, 3), (10, 2, 3), plus the original (14, 1, 3). When all are pointing the same plus macd (5, 13, 6) confirmations with volume; you can go ahead into trade. Trading...

Thanks for all the replies. How much investment needed to be successful in this program trading. I am trying to create a pool (closed hedge fund for tax purpose) with my friends and relatives, so amount of investment is important.

I am aware of this link, thanks. But, my question was anybody successful doing it.

What is program trading? Accordingly, I got this definition from certain website- 'Program trading is a generic term used to describe a type of trading in securities, usually consisting of stocks traded on the New York Stock Exchange and their corresponding options traded on the Chicago...

If your setup is right for high probability winning trade, then only wait for predetermined time (few minutes or seconds), and exit. Usually, good trade happens immediately. Also, size of the bet determines how much risk you want to take. Most of the time do not stay in the mkt, just...

http://www.markettide.com/html/courses.html

Yes, I make money with euro/usd, because this pair have more liquidity. But, I tried expanding to differenrt pair other than dollar, but it is not easy. I only enter when there is a breakout.

aud\jpy- 10 pips is really too much spread to profit daytrading in forex mkt. difficult to calculate where to enter. Here is refco's spread sheet- Bid/Ask Spread 4-5 pips on the Majors and 5-20 pips on the Crosses: U.S. dollar / Japanese yen (5 pips) U.S. dollar / Swiss franc (5...

I made tons of money before with dyn, wmb, nt the same way. I do play trending stock like mstr, hov, untd etc. Like what john henry said, " identify trend, then play fat middle part of it". But, biggest money is made contrarian way; 'go against the flow'. I only need advice from people...

Last few days in this bull mkt, I chose two stocks to enter, which were going down- phcc and fre. But, my timing was wrong for both of them. I like to take risk with stocks gaping down. My rational is people fear more loosing money than winning due to greed, and they usually oversell thier...

I just want to give newbies some more informations, so, they can use it to setup entry and exit.

link: http://groups.google.com/groups?hl=en&lr=&ie=UTF-8&threadm=36df0b27.3382296%40enews.newsguy.com&rnum=3&prev=/groups%3Fhl%3Den%26lr%3D%26ie%3DUTF-8%26q%3Dauthor:pjones%2540yahoo.com%2B '> > i always have my bracket reentry settings developed with a phantom of the market out thirty...

Link:http://groups.google.com/groups?hl=en&lr=&ie=UTF-8&threadm=36df0b27.3382296%40enews.newsguy.com&rnum=3&prev=/groups%3Fhl%3Den%26lr%3D%26ie%3DUTF-8%26q%3Dauthor:pjones%2540yahoo.com%2B > It would seem to me that bracketing a thinner market such as the DJ > might result in your stops get...

Check this link http://groups.google.com/groups?hl=en&lr=&ie=UTF-8&threadm=36df0b27.3382296%40enews.newsguy.com&rnum=3&prev=/groups%3Fhl%3Den%26lr%3D%26ie%3DUTF-8%26q%3Dauthor:pjones%2540yahoo.com%2B Jack Hershey wrote in march 3 in 1999, 'for me I think it is INDU. That is what i have...

Scot Lowry wrote a book - 'The Magic of Moving Average ', his approach to trading is finding good entry points, with the least amount of risk - so - his system is this. 1. Plot 3 simple moving averages - a 4 , a 18 and a 40 2. When the 18 crosses over the 40 line, you start watching for a...

Is the trend is a rocket or iceburg? And, the answer is you look at first 1 minute, then 3 minute chart use 3 ma to see what angle or slope it is. If angle is 45 degree or more you know it is a rocket, or else it is an iceburg. This is only a setup for the scalp, then use 13 minute...