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    Day Trading Systems

    I certainly think that a good purely mechanical system can be devised but whether it can be done for daytrading I have my doubts. Its like making a map of the coastline of Florida, it depends on what scale you use. If you use one inch equals fifty miles the task is not to difficult. If you use...
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    A New Site For Your Flames

    I guess my eyes are playing tricks on me. I swear the first time I looked the position was still open. The next time I looked it showed being closed out yesterday for a small loss. Pardon me.
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    A New Site For Your Flames

    I just looked at the last trade they have posted and it went up 3 bucks after they shorted it but they're still in it. It did finally go down today but where would your stops have been placed? Lets see where they exit and check the r/r. If they were willing to risk 3 bucks on the trade they must...
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    A New Site For Your Flames

    Obviously you would have to have access to their realtime entries and exits in order to evaluate their calls. Its been my experience that anybody who can produce 20 to 40 percent annually will have people beating down their doors trying to give them money so you have to be a little skeptical...
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    Recruiting practices for Prop firms

    Well the nice thing about it is that I've made enough money trading that I could now go to college if I wanted to. I wonder if a 62 year old freshman could get in one of them Animal Houses?:D
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    Recruiting practices for Prop firms

    Hey guys, does a GED count ?
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    Daytrade for how many points ??

    It kind of blows my mind how many people think " I can't daytrade stocks any more so I'll just mosey on over here and start daytrading mini's" Talk about a recipe for disaster. I wish you luck but don't like your chances. If you had said that you were going to study the mini's for a year, test...
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    IB improvements

    What I would like to see at IB is an execution only platform that could be accessed from any computer so that no matter where you were you could get in or out of a trade. This, of course, would be in addition to their regular TWS. It would not have to have quotes or anything. I know I'm dreaming...
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    suport/resistance-fact or myth

    The last four days have been a pretty good example of support and resistence. Unable to move up or down. Four NR days in a row. This thing is going to make a great move one way or the other pretty soon. All we need is some news.
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    suport/resistance-fact or myth

    Does anyone know a way to trade WITHOUT using s/r? Even if your scalping off level 2 your looking at the bids for support and the offers for resistence or vice/versa.
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    suport/resistance-fact or myth

    IMO s/r is the single most important information you can use to trade. The major points are far from random.
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    Underground Traders Trading Pit

    I have to say that I like chat rooms. I really like the conversation. I've been in several of them. Whether you can make any money from them I don't know. I think certain kinds of people can. If you can learn someone elses style and follow their calls I don't see why you couldnt make money. A...
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    Street Smarts

    version777 Sorry. There's no url listed in the book and I can't find anything on the web. By the way its Wolfe.:(
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    Does anyone else have a foreboding sense.....

    ADC " Out of any 100 trades in a row my winning percentage has always been around 50 percent." I'm glad to hear that. I get to feeling inferior whenever I read that LBR has about 70% winning trades and a few others do about 65%. I don't see how they do it.
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    Street Smarts

    Magna I just lucked out I guess. I had them bring the book to Barnes and Noble so I could check it out before I bought it. I wanted to make sure that LBR contributed significantly to the book. I think the biggest part of the book is hers. Conners is one smart dude. He's a writer and shes...
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    Street Smarts

    "What are your most reliable setups?" The oldies but goodies: pullbacks to support in an uptrend, rally to resistence in a downtrend. Double tops and bottoms. Been around forever. :)
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    Does anyone else have a foreboding sense.....

    Hmm. I have read this book twice. That tells you something about my retention capabilities. Fortunately you don't have to be too smart to trade.:D
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    Fewer Postings after Website Redesign ?

    'I'm obviously reading things incorrectly. " I'm not so sure. I've also had the feeling that there are less posts. Is there any record of daily posts? I would imagine that posting is cyclic. Maybe we need a historical volatility study of posts.:D
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    Street Smarts

    I couldnt resist any longer and went ahead and bought the book. When they rang it up it was only 99.95 which is a pretty good markdown. Didnt know it was on sale. Linda R. did make a substantial contribution to the book so that question is answered. Was it worth the money? I've always felt if...
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    Does anyone else have a foreboding sense.....

    "There is no bull or bear side. There is only the right side." Why have I not seen this quote before? It's perfect!
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