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And this woman complained about MSFT not appreciating fast enough, then shifted all her family (husbands) savings into technology stocks she was told would double by August. I mean, how idiotic can you get? Her husband is deeply worried but does not interfere, only prays that the market will not...

Indeed. One shall not worry because one is never alone at losing money.

Clearly trend following a stock index is the ideal solution here. Swing trading and day trading have been considered previously in this thread which I would put aside due to the reasons mentioned. Swing trading has several disadvantages: (1) Performance dilemma: You get frustrated if your...

This looks extremely awesome. Good work and praise your design team!

Depends on the trade, but yes I do classic trend following and stay in a trend for several months (given that I'm not being stopped out). Main instruments are stock indices and currencies. 24 months sounds more like buy and hope investing, though. And I agree with intradaybill: I would also...

I have been noticing the same, NoDoji. It is the first visit after a long time, therefore a more potent bound is likely. A similar bounce can be observed in the weekly SPY chart, where it jumped off the 50 EMA. This market is now trapped in between the 200 EMA and 50 EMA (weekly), which is...

Looks like a huge LAN party to me :D

What amounts are you thinking to raise? Here is how I started small: 1) Develop your trading strategy and first prove to yourself that you are able to trade profitably for several months at least. More importantly, if you are convinced to stay profitable with this strategy. Market conditions...

It's a good trade. I'm in from a bit higher and increased the position around your entry. If in doubt, just place your security stoploss to breakeven or take some profits. But for now I see no significant reason to exit this position, except for fear of bounces etc.

If you are scalping and day trading the sh*t out of the market, then obviously your entry will be of greater concern to you. I have not seen this as a sensible way to trade the markets and look at the bigger picture, where the exact entry price is of lesser relevance. When I place my trade, I...

Looks like the SPY has a little trouble at the 111.50 area and I bet the ES doesn't look that much different. Not that I'm calling a top, but it pays to be aware of these zones and be defensive accordingly. It could have some weight for the longer term...

Look at PCX, my goodness. This thing is on full-blown breakout mode in the daily AND weekly. Beautiful entry opportunity for a huge run. Up to 21, or 29? Thanks for mentioning, cybercash28, I'll join this ride.

Well, Mr. Know-all, obviously time will tell.

jr07 is not too off with his short bias. I see we are bumping into quite some resistance in the monthly, weekly, and daily (SPY) around 106. I don't see the market going significantly higher. We'd need a huge blast beyond 108 before I doubt my analysis. At least we now know the "true" support...

How can people recommend a newbie to move from currencies to futures? This is even deadlier and he will lose his money even faster. No futures! And most of all NO intraday crap! Newbies are regularly drawn into daytrading the market because they think they have more control over their money...

Can you post recent sample trades of yours with annotated charts (especially entry reason, stoploss and target exit)? Let us dig into your thinking.

It also happens to be the close of today.

Every active participant noticed that the markets have become harder to (swing) short. It is not necessarily that the original poster was acting against the tape. Perhaps he has simply reacted on a larger downmove and expected this swing to last a little longer than the morning session...

Yes, I'm doing exactly that.

Thanks for the notice! Very nice app, just as we needed it. If realtime is not a must, try the Bloomberg app that has good charting for stocks.