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I've been using IB for quite a while now. I'm very pleased. But if I were you and I was that dissatisfied, I'd switch. But either switch or quit the complaining. OldTrader

Just thought I'd mention that you got your facts wrong on Jim Dines. Yep...a gold bug. Rode gold and silver back in the 70's through absolutely huge gains....gold was up perhaps 10 fold, silver up even more. What you don't know is he got out. Perhaps you'd be interested to know he did the...

I have done as you suggested....reviewed the rules Jack posted. No where in those rules do I find any reference similar to yours regarding MACD. The only reference I find is that the histogram is supposed to be over +.4. But since you are either unfamiliar with Jack's rules, or have...

"Rain on the parade"? Nope. I'm still trying to understand how this thing works. For instance, I thought the filter was the MACD histogram being over +.4 for buy signals. Isn't that what Jack said? Now you're telling me that "MACD had not crossed". What didn't cross? The MACD line had...

You must have missed the buy signal at the peak as well. In fact, using the 80/20 parameters that Jack mentions and using your fast line, would have missed the morning decline as well. This looks to me to be more complicated than simply trading the market action. LOL. But maybe I don't...

Actually, on my chart, that signal comes at the close of the 3:50 bar (which makes it 3:55). assuming you're using the entry with the fast line below 20 on the 5 minute chart. That close is 832.00. If you waiting until the fast line went above 20 to exit, that came on the close...resulting in...

Let's put it this way: it isn't so much the news per se that's important...it's the market's reaction to news. The market's reaction to news gives you trend confirmation. OldTrader

Just thought I'd mention that it appears you used the fast stochastic to enter and exit. OK with me, but Jack had said to use the slow line to enter, the fast line to exit. That short at 3:50 looks like it should have been at 831.75, a point lower. It's not clear to me how you exited this...

Thanks for the information lindy. I understand that you're just the messenger. I also understand that you may not have interpreted correctly...there's been some confusion. Or perhaps something was lost in the translation into code. Whatever the case, there's a wide discrepancy between these...

Lindy: Thanks for running that....that must take some work. My guess is you're not going to be Jack's favorite fellow! A couple of questions: 1. Do you know how many total trades over the 2 years, how many profitable and unprofitable? 2. What commission factor did you use? 3...

elindy: Allow me to jump in here. You are clearly misunderstanding something. I'm looking at the MACD on my 5 minute chart, setting of 5-13-6. On Friday alone there are too many 5 minute readings in excess of either .4 or -.4 to count my friend. That includes every single 5 minute bar...

First, you got some really fine responses in my opinion. I particularly liked AAAintheBeltway and Profitseer's answers. Setting a stop has alot to do with your style of trading, the volatility of the market, and how you enter the market. That said, a 2 point stop wouldn't work for me...

Slapshot: Thank you for mentioning your success. Just remember that the success you experience is all due to you. I can point in a direction, but implementing a trading plan/strategy is very personal. One guy can make an idea work...another will simply botch it. So good for you, I'm glad...

Just thought I'd mention my one experience with SSF. I traded some C. Now this particular SSF trades by appointment only! But if memory serves the size was 20 up.....meaning there were 20 contracts on either side of a fairly tight quote. This is the equivalent of 2000 shares. Don't take...

Thanks for the chart including indicators. I was unable to read the settings on the stochastics or the MACD. If this isn't something proprietary would you post the settings involved? With the settings I can take a look at some charts to observe what happens with them. I guess the principle...

I do not intend to hold myself out as an "expert" in any particular indicator, to include stochastics. I've already stated that I don't use stochastics. So if I explained something about stochastics incorrectly, it should be clear why that is....I don't use it. I freely admit that I must be...

Hello Inandlong....it's been a while... I use what I call "price action" to trade. Here's how I would describe it. First, I use charts. The chart is price and volume. That's it. No moving averages, no stochastics, no MACD, no RSI....just a chart. I guess I looked at my first chart...

The new age of trading....find a market that suits your personality!:D I suppose next you're going to tell me that you need to find a lake that matches your personality, so that you can catch ample fish? Do yourself a favor. Study the market...find out how the market works. Adapt...

You guys crack me up! Let's see...what does the book cost? About $50? A few ticks in other words. LOL. I wonder if you can STRUGGLE through that "poor writing" to find one idea that might make you a few ticks? By the way, I've read lots of books over the years...some were good, some were...

I don't have your answer....but I thought I'd throw a few comments out for you to think about. Neither you, nor anyone else, defines the word "breakout". I point this out to you because a so-called "breakout" on a one minute chart is entirely different than the breakout of a multi-month...