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imo. Elder's book is worth 10 times it's weight in gold, simply for the psychology. At the least, it helped me overcome some serious issues. They were not apparent to me because i was making good money in trading stocks, at the time, and could not foresee the looming disaster because of my...

yep. it works fine if there are no 'issues'. but, i see your approach is better then mine; i have eight people watching one monitor; will switch around :) alex

hi, there's a leading triangle in the $DJUSLG index. the sector is cyclical by any means. what are your thoughts--chart setups? thanks. alex

you'll get buried using 1 minute charts....and get a facial tick to boot... if you don't take a header at least 3 times a day i'd say that's a good indicator for 1 minute charts... good luck flinchy:) alex

thunderdog makes a valid point. i'd like to add... T/A is very useful if you manually set it up and practice it and use it as one of your tools for trading. If you plan to be a 'pure technician' then seek out the professionals in the business to help you get a good foundation to improve on...

hi, call townsend. also, if you are on comcast you'll need to set your DNS servers manually--they have technical issues currently. alex

that's because you probably equate knowledge with money. simple flaw of character on your part. maybe i have much more money than you to trade with and can stand to lose more. did you ever think of that? or maybe i was making a point about emotions and the figures i used were irrelevant...

Thanks for your reply. Some excellent info. I use basically 3 time frames for equities when i trade-within each i can employ directional or range trading along with other strategies, with some better suited than others during certain conditions i.e. bond market up/down. My reason for...

That's your interpretation. Why is it strange? alex

Please disregard my comments and as you say my ignorance of IB policies and practices. I am truly sorry if i have caused IB or ET harm regardless if what i posted is true or false. I will no longer interfere with IB business here at ET even to direct members to information regarding disclosure...

This may be somewhat off topic. I use a trading plan based on years of experience, recognition, and money management. I have realized that it is time to quantify my plan and approach into a formal 'system' which i would use as a guideline/outline to my trading. The problem i'm having is: i am...

"Trading for a Living" by Dr. Alexander Elder is one of many books you should read. It explains more then just T/A. hope this helps. alex

hey i just looked over the system. thanks for putting up the link. questions: What is the usual life span of a short term system ? Does the system risk being 'gamed' by the market and how would one come to such a conclusion, if at all? thanks. alex

when years are good and it is apparent, most people envy the money and freedom to call your own shots. however, when the market is tight they are the first with the i told you so. my conclusion is similar to what most have expressed in this thread. something that is incomprehensible to narrow...

trading my hangover for a nap.... monsanto...good action...slippage is high though...bids rolled in right before 10 as the gap was filled...my kind of trade>>>neckbreaker alex

flash and back: thanks for your replies. i really need someone to talk to about building a better psychological outlook/plan regarding my trading approach. i am a gifted trader but have some issues about my behavior patterns in trading. have you guys ever heard of Alexander Elder. I'm...

you two are meatheads, what can i say. nothing more to it. the fact is, AVID CONSUMER needed information about where to find IB's order routing and affiliation agreements. i provided it to him. he thanked me for it in a PM. everything after the fact is just a waste of time. IB is...

they have this invention now called a telephone--it has numbers on it and rings. if you dail the numbers for IB, you can ask THEM this question since it's most likely related solely to YOU. good luck partner. alex

how are the women traders this day? hope all is well... betty patrol

anyone know of a good trading psychologists? i'm desperately in need of a 2x4 to the head.... thanks. alex