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    SEC charges GS with fraud

    http://www.nytimes.com/2010/04/19/business/19goldman.html I wonder how Mr. Birnbaum's hedge fund is doing with such a bright mind managing it.
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    SEC vs Goldman news = diversion?

    Very possible! But who nowadays doesn't know that SEC is inept? In this case that would be too little, too late.
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    What do you guys do at 11:30?

    Why doesn't the NYC lodge take my application? These idiots think 1 year's difference going to make much difference? Midday is range time, at least for index futures.
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    MB Trading

    Not sure, but that's what I've been getting at. Hope Steve will read this and let us know. To be exact, the spread is at 1.90 MOST OF THE TIME, not always. I know I should've mentioned this as there's a big difference. However, the spread on Cable seems to be more constant than other pairs.
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    SEC charges GS with fraud

    Some people's reaction here is making me seriously ill with scorn. I seriously wonder what kind of a fucking moron you have to be to realize that this shit is what has been going on only after someone gets officially charged by the most honorable and honest SEC, and then claim to have...
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    Dealing with sharp upturns or downturns?

    Welcome :) I guess the "duration of the move" part did it.
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    Dealing with sharp upturns or downturns?

    Is it me or am I seeing Gartleys on almost every chart I'm look at today? If Gartley patterns are worth anything, that's a good bullish play right there, although a tad bit late. Did you mean you used tick charts to display daily and weekly price action? That's a lot of ticks.
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    Impact of trading range on option prices

    Not even barely advanced in options pricing theory, but from limited experience and screen time I think expectation, which partly depends on time to expiration, plays a big role in option pricing.
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    Dealing with sharp upturns or downturns?

    If it was so easy, ET would be a ghost town as everyone would be too busy raking in millions. Obvious answer is stops. It also depends on the duration of the move, and how sharp it is relative to previous price action. Maybe post a chart?
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    Price foretells tsunami wave lambda

    I remember someone else on ET saying that insiders were selling 5x more than buying last summer. Oh wait, was that you? How many times has Prechter failed in his forecasts in the past? One would have to live older than Methuselah to make money trading his advice, and that's only if they...
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    Analyze this chart for Monday.

    Based on this chart alone, I'd go short. Price had failed to make a higher high, next target the DB support zone. I could never make volume work for my trading, so I don't consider it. BTW, it also looks like one of those bearish Gartley patterns.
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    College or Prop Trade

    Top payees are those in dentistry. AFAIK, according to my advisor at CUNY, all I need is a bachelor's in any bullshit along with some teen credits in premed to get accepted to a dentist school. 3 more years and you get your license. Then you can throw as much money on trading as you want...
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    The bottom fifth of taxpayers (earning less than $18,000), paid 11.7% of income taxes

    No shit. Bottom fifth = 20%. Top .01 = 1%. USA = 400 mil. 20% = 80 mil. 1% = 4 mil. Now do your math.
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    MB Trading

    MBT doesn't offer fixed spreads, AFAIK. Check out their website, the spreads are posted for each major RT and you can see it change at times. The only thing I've noticed is that Cable seems to be fixed at 2 pips. I also haven't seen any huge spikes on my charts at news times thus far.
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    If you can spot the trend, it's probably already too late...

    Ms. ND, thanks for taking the time and effort to post the chart and explain your trades in a very humble manner for that kind of mastery over price! I wish you many more trading days like these than others in the future!! One aspect I seem to be at odds with in your method is volume. I...
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    If you can spot the trend, it's probably already too late...

    Dear Ms. NoDoji, Would it bother you to post a chart of CL on a day or two that you traded it? Also, what's your problem with dojis? :D I basically use the same system as you, and can't complain as it seems to be the only system that has been putting money in my account rather than taking...
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    College or Prop Trade

    You're in EXACTLY the situation I was 2-3 years ago. Also broker, then trader at prop shop. Only I went to college full-time at one point and earned 30 credits, but concentrated on trading after wards. If you can, you should do both. If you can't, then go to college. You can always...
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    "The only way to trade with Fibonaccis" journal

    I haven't bothered to read the whole thread, so excuse me if this has already been addressed. There seems to be confusion around the web about fib numbers. What exactly are the numbers that are above 100%? For example, the percentages below 150%. On some sites 127.2% is claimed...
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    10:1 could be the new leverage rule

    If anyone is stupid enough to trade on 100+ leverage, let them take their natural course. Last I checked, survival of the fittest can't be banned by any agency. It's also hilarious that someone here believes that trading over-leveraged can cause a crisis in foreign exchange markets...
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    Keepin' It Simple: Supply and Demand, Volume, and Price Action

    If there was no volume in the title of this thread, and supply/demand too as it's just a synonym of price action, it would be golden. Price action rules. You just have to find the right way to display it.
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