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Yes -- you are missing something and you're assuming a lot of things that you shouldn't be assuming. For example, you're assuming that everyone trades like you. Also, keep in mind that the non-brokerage subscription rate for Tradestation is $199.95 per month. Granted, Tradestation may be a...

MoneyStream is somewhat similar to OBV. I have found that it does catch some divergences and give some clues that OBV doesn't from time to time. It's not that perfect indicator that you may be searching for but it can be useful from time to time.

I really like it -- very simple to use and charts are very crisp and easy to interpret. There may be more features with ESignal, etc., but I think it all comes down to a matter of preference and the ease of use of TC2000 / TCNet is an important factor for me. I don't think you can beat it for...

I'm curious about Bill Fleckenstein and Fleckenstein Capital. You see his columns on MSN and apparently he now has is own web site. While he always makes "convincing" arguments about the market, it seems he is more interested in being right than making money -- in other words, he would rather...

unrelated NOTE

I have nothing good or bad to say about Linda, but it seems so many traders are still looking OUTSIDE of themselves to some "guru" to improve their trading. The more I look at other people's systems, strategies, etc., the more I realize how good my own methodology (that I developed) is -- and...

or a Martin Weiss book forecasting the financial collapse of the US, etc. Actually, I think some of the problems Prechter has identified in his book are real -- but the issue is when, if at all, these problems result in a major financial crisis, and, if so, the magnitude of such a financial...

I shouldn't type while watching an NFL game.

Sorry to the typo!

What is your reason for keeping them active? Do you intend to be a commission-based broker again in the future? If you intend to have your own fee-based (as opposed to commission-based) investment firm, because you passed the exams for Series you mentioned, you should meet the minimum...

That's pretty much how I'm looking at USD and Gold right now -- both in intermediate-term corrective phases so I think Gold can come down more over next several weeks but the long-term uptrend in Gold is probably still intact.

I don't do a lot of intraday trading, but I use multipe strategies for swing-type set-ups. I think you have to have multiple strategies because there are a variety of market conditions.

With the alleged returns, you could take a cash advance on your credit cards and soon amass a large fortune. In less than a year, a $5,000 initial investment would be worth over $1,000,000. So, if you're for real, then you really shouldn't have a need for other people's money.

If you get 1 idea from a book, then I consider it worth reading. For example, some people aren't big fans of Velez & Capra but I felt I did get some ideas from reading their book. Here are some other books that I have found at least somewhat useful: "Tools and Tactics for the Master Day...

I agree with the books billpritjr listed. I would also add (off the top of my head): "Investment Psychology Explained" -- Martin Pring "A Beginner's Guide to Short-Term Trading" - Toni Turner "Stock Market Wizards" - Jack Schwagger "Battle for Investment Survival" - GM Loeb...

1. As someone mentioned, I think MoneyStream (MS) works a lot like OBV but not always. I set up one of my chart templates with both MS and OBV right on the price chart so it traces the moves. The best use I've found is to look for situations where MS doesn't confirm. An example is XAU --...

One simple word: AWARENESS

Both patterns and indicators suggest to me intermediate-term corrections (dollar up; gold down) in both so I'm trading accordingly. The long-term trends may still be intact.

I'm not sure what people are saying. Did Kudlow and Cramer say to buy or sell gold / gold stocks last week? Not that it matters to me from a position standpoint because I wouldn't do something based on what they said anyway, but some posts seem to imply they said to sell and other posts imply...

Making fundamental arguments in the face of negative price action is the way to lose your shirt in the market.