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Yes, he states that some day traders trade at such a short term that adding is impracticle, however if you are able to it improves your performance quite a bit...

When do you know that your position is correct? At that point I personally would add on the last half of my position, hold on for a little longer, and when the momentum drops off I would exit. As long as you can squeeze a little bit more out of the move after your add, you've improved your...

FireWalker, actually, try putting on half a position at first, take it off right away if it doesnt do what you expected. POP talks about this later, the true implications of rule 2 (putting on a partial position at first), that way as soon as your position is proven correct, you can add on the...

One day I realized that technical indicators in general don't work in the long run. All you're doing is taking the data in front of you and chopping it up, simplifying it actually. Instead, the best thing you can do is to maintain the complexity of the data and instead looking at it in a way...

I see, weird that they're still doing this kind of thing, as if they don't have the technology to give real high and low values

Hmm, didn't think they would still be doing that kind of crap, I was pretty sure they stopped in the 90's, this isn't good then, thanks though

You kidding me? No one has any idea? I need to download a few years of dow data that is accurate, is there some reason these numbers are off?

Is it just me or is something up with yahoo's and bigchart's historical data/charting? Bigcharts and yahoo's historical price for today (the OHLC that come up when you type in ^DJI are correct, in yahoo hit historical prices on the left. in bigcharts the numbers that come up when you type in...

LOL, today should've been profitable but I messed it up. Got on comp at around 11:25, checked bigcharts (didn't have enough time to pull up real-time source) and saw 3.05 printing, I opened up freetrade and exited at market. To my surprise, I ended up filling at 2.83 (which was the bottom of...

Pickin' up 936 SITI tomorrow at 2.95, this looks like a good entry for a swing trade up over the next few days but I'd rather stick to the plan, don't like managing these kind of positions EOD BUY 936 shares of SITI, Sls Intl Inc at LIMIT of 2.95 DAY

I'm pretty sure it depends on your video card, what do you have? They are probably referring to the stock card when they save max 2 monitors

Scary stuff :) This market looks strikingly similar to ~October 98 to ~April 99 (even the price levels!!), the final run up that occured there at the beginning of 99 was essentially correction-less

1/5/04 Current Equity: $2,762.06 Starting Equity: $2,500.00 (1/1/04) Current Return: 10.48% 2 Winners/0 Losers Past Trades IONA 6.59% 1/2/04 GMAI 2.07% 1/5/04

Also, check out QQQ, its an ETF just like SMH so no up-tick rule, it also trades much higher volume and always has a tight spread (its day traded by many) so less slippage, should help the model.

Haha, yes, it was a break through for me. To tell you the truth they are not applied fully to my swing trades in this journal for several reasons. The biggest problem here is that I am day trading without being at the computer (buying at open and putting in sell order about an hour into the...

As far as portions, you can take whatever you want out and keep whatever you want in paint. I never had anything stretched over multiple screens, so never needed to do that, got me there.

lol, why alt?

Not much I particularly liked in my normal price range so taking one a little bit higher up, found by a friend who's entering into a swing trade with it. Taking GMAI at limit 11.13 exiting at 11.36. BUY 243 shares of GMAI, Greg Manning Auctions at LIMIT of 11.13 DAY

Through the few posts abogdan has made on this board, I don't think it's too hard to see that he is not only generous when giving out ideas but also not at all interested in getting any customers/subscribers out of the ET crowd. He merely shared an idea, he has nothing to prove to you or anyone...

http://www.elitetrader.com/vb/showthread.php?s=&threadid=25900 http://www.elitetrader.com/vb/showthread.php?s=&threadid=26432