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thanks. i was going to look for a free video editor (not for trading needs but still).

i recommend the "dearborn's series 7 drill and practice" product. it's a practice CD arranged by topics and you can also choose to simulate complete exams. it's really a gem. i got 92% in the exam, and i owe it all to dearborn's. i took the exam in 2002. many of the questions in dearborn's...

paper trading is a good idea because you can condition your mind to keep calm despite big losses or wins. when you switch back to live, you can 'carry' the state of mind that you learned with you. when you win or lose big with real money, it's easier to remember that you can keep calm and...

charge 'em! 200 revisions per execution? maybe he would like to have IB and Globex all to himself?

fiy, for those who are interested. http://www.compliancereporter.com/default.asp?page=1&SID=537641&ISS=17887&pressbox=1

if you intend to use a charting software as well, then you can try the tradestation package. if you will not use any professional charting software than tradestation is not relevant.

technical analysis has some good applications in trading, but as for your question what is the BEST application: the best application of technical analysis is to write books and give seminars about it, and buck a lot of cash from these. 50

i use 2 19" CRT's at 1600x1200 each. the view is fine. just sharing my setup for now particular reason :cool:

my sound advice to you - if you have a biz running and you're doing well - stay away from trading. keep your biz growing, and use your spare time and money to enjoy life. work with charity if you feel you want to give money back to society. live life to the fullest. trading is not easy. every...

to be exact, i was referring to the first part of his book, the psychological part. as for the techincal part, well, that doesn't work. "the first pullback from a new high is buyable nearly 100% of the time" - well yeah, that doesn't really work :mad: :cool:

and i would add, if you will ask "how can he write good trading books if he's not a good trader". that's easy. the trading theory is understood by many. but knowing the path and walking the path are completely different things. so he KNOWS what's right, but can't implement it properly...

Albert Cibiades, you miss a subtle point here. if you read earlier you will see that i actually recommended the books by elder, threei, and farley. why? because the books deliver sound concepts that are invaluable to a beginning trader. i will go as far as to recommend velez's book as...

exactly. technically these mentors you talk about are consistently profitable traders, however that might mean no more than $30K a year. so they discover guruing - where they make $30K a month, charging $300 a month from each chat room member. and the money is guaranteed. a memeber leaves, a new...

LOLOLOL you didn't really pick a good example there. there was a recent thread about him in the resources forum, run a search there. isn't it amazing how the trading 'education' industry is like a world of its own. there exist some 'legendary gurus' there, like elder, oliver velez and so on...

i don't play the breakout, because it has extremely high probability of failing. i don't scalp it, because i don't scalp in general. however for someone who knows how to scalp, he can get a few points out of it. i may fade it if some criteria are met. the problem is that the market may not...

market movement is fractal, you need to understand the fractal movement. it's pointless to 'smooth it away from your eyes'. you need to understand the proportion of the moves and decide whether it is significant to the trend you are playing, or not.

actually i am aware of this method. i have a friend that does this (or something similar). he shows me his account every few weeks and he's been making consistent profits for about 2 years now. he scalps nyse stocks for pennies but they add up and he ends up profitable every single month. the...

coolweb, pm user "threei", he's a scalper and may offer mentorship or some other value to you. he seems to be a successful scalper but i am not aware of his actual track record and i am not affiliated with him. just alerting you to his presence in this world, for better or for worse. do...

find a way to decide when a breakout is considered pre-mature. then you shouldn't play that breakout, or perhaps you can fade it. it will save you from a lot of false breakouts. true you'll miss out on some, but overall you will greatly increase your win-loss ratio.

hearing what other people have to say (i.e. reading books) can alert you to concepts you didn't think about, and that you may not conceive by yourself in your life time. not because you're not smart, but simply because it won't cross your mind. it's always good to dedicate a small part of...