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LOL You're getting there! I do my best trading after the distillation phase :D

I've also give up on indicators for intraday trading. The false signals generated can take your attention off the most important indicator of all: price action. I tested stochastic, RSI, different, MACD, simple MA's and it all comes back to price and risk management. I've seen some of those...

Groom Broom Two brooms were hanging in the closet and after a while they got to know each other so well, they decided to get married. One broom was, of course, the bride broom. The other the groom broom. The bride broom looked very beautiful in her white dress. The groom broom was...

Very discretionary and very conservative. I miss a lot of trades by being that way, but at least I can end the day ahead (usually!). I'd rather miss a run than chase or take a low-probability trade.

About 5 roundtrips a day. I'm very selective and I avoid the first 15-20 minutes and the middle of the day. That alone will halve your losses. The number of reversals and false breakouts/downs that occur in that time period is staggering. I use 2-minute bars; tick charts drive me crazy.

Just route through TMBR If ARCA spends as much capital on their infrastructure as their silly-assed TV spots they'd work just fine.

Never tried that, but I have my settings for 40 posts per page. Helps a little in that regards. 20 page threads become 5.

I did a few weeks ago - thanks for the fast reply.

I just checked off SSF and then nothing else happened after I updated it. Aren't there the usual forms and quizzes to take or something?

Baron - TriPack started a recent read-only thread on "Gems . . . ." The format allows him to post comments without the usual banter that goes on in regular open-style forums. Many threads start out on topic then after 5 or 10 pages degenerate into name-calling and accusations that takes...

Allen - I trade the es on a 2-minute bar which is considerably shorter than you. I was interested in your longer-term style and enjoyed reading. Please continue posting and just ignore the background noise from the usual suspects.

Not a one. I don't have a single thing up except price and volume, and the volume is pretty useless too. The last 4 days I've traded the es I'm averaging 17 pts a day just using good old TA and market timing.

Bingo. It's a diversion from trading, an excuse not to. Even though you're not doing any live trading, you're fooling with market data so you're still "in the market arena" so to speak. All the data and Excel graphs in the world won't curb your emotions when the trading plan's green light is...

Yeah but who could resist the urge to short 1,000 shares of WCOM for $5,000 then buy it back for all of $90? :D

IB lets you short them just with higher margin reqt's, if any.

Or a read-only thread option, and then you can PM the thread starter with questions/remarks and he can answer publicly if need be.

Dear Abby, I have been engaged for almost a year. I am to be married next month. My fiancee's mother is not only very attractive, but really great and understanding. She is putting the entire wedding together and invited me to her place to go over the invitation list, because it...

Aphie - Can I make a suggestion? Don't take this as a negative: Forget all the data collection /analyzation / graphing and just trade your f*cken plan! You're making a mountain of epic proportions out of an anthill. Moses would have been impressed.

Maybe you should calculate the volatility not for 1 or 2 minute bars but 5's so you can see when the most volatile times of the trading day are. Anything can happen in 1 or 2 minutes. It'll probably look like a suspension bridge, with the pillars at the open and close of RTH, similar to volume...

Parental Code A husband and a wife decided they needed to use "code" to indicate that they wanted to have sex without letting their children in on it. They decided on the word Typewriter. One day the husband told his five year old daughter, "Go tell your mommy that daddy needs to type a...