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Floortradr, This method you are talking about is a sound method. Fairly close to what I was using. The moving average is just a kicker. Really good for keeping you in a trend if used properly. By using it properly here is what I mean. If you look at just technical analysis, trand lines to be...

It is a great book, like I said earlier once you get to chapters 15 and 16. Read them several times until it just clicks with you. You will come away a better trader. I actually typed those 2 chapters and carry that document with me in my briefcase. I read those 2 chapters all thime to keep me...

Seems kind of funny how no matter what we end up spending the next couple of years learning how to do it anyway. Might as well start out with that option. People keep getting drawn in to this dream of trading and mking the big bucks in a couple of months. If you will start out slowly with a...

If you will learn to trade using the charts to determine support and resistance you won't need Fibs or pivot points. These two things are smaller parts of and help to create these those little clusters of support and resistance you can see. Just worry about the actual S/R and you don't have to...

We all struggle with this. The exercise at the end of Trading In The Zone is perfect for you to commit yourself to. Have you done it yet.

I do on occasion look at fib retracements just to see why price might have bounced at a certain level but I don't trade off of them. A lot of people do use them about like the way some people use pivot points. They do have their uses in trading though. 4re

Dan, I hope you enjoy the thread it got pretty big in a hurry. We had some really good people in there like JimmyJam, Lamont_C, Romik and others. It was geared more towards education than anything else. The cool thing was we never got any bad posteres in there. Have a good weekend, 4re

P.S. Don't buy any of these programs. I don't care what anybody says you can't learn to trade in 3 days. Period. Even if they are spoon feeding you the signals or should I say especially if they are spoon feeding you the signals. Also don't get caught up in a lot of secondary indicators...

You can get both for a good price on Amazon.com. I have both and think they are really great. The Disciplened Trader chapters 15 and 16 are worth reading over and over. In fact to get all yuo can from it you need to read these chapters several times. Trading In The Zone is also great. Must have...

Unfortunately, your going bust was probably one of the best education lessons you will get in this field. I am not trying to be demeaning or anything but most of us have done it also. Those that learn from that lesson will come back and hopefully be a lot more disciplened and last longer before...

Hey Romik, How is everything going for you. I have been watching this thread since stopping mine. I hope you guys don't mind. Looks like all of you have got things going very well. Hope you have had a few good steak dinners this week. Mine will have to come less often since I stopped trading...

Just for a couple tips, no offense intended. I just stopped my thread due to a lack of time for futures. You can go and read through some of it and see if you can pick up some tips. I ran the S/R emini journal. We had traders from ES, YM and even ER in there. Hopefully you can pick up some good...

What is your trading method? And what is your experience level in trading?

Great call, I see a big steak dinner and few cartoons in your future.

I know I will see you around in here. You tend to be everywhere. So I'll shout out a big howdy to you. I wish you well in you trading and everthing else you do. I was nice talking with you and sharing ideas back and forth with you. 4re

One of the easiest ways of finding best priced options is the Bollinger Bands. When BB are tight no volitility = cheaper options. The key is to look at past history and make sure the low volitilty is not common to that stock. Take a look at the CAL one year,Daily chart . BB have been very spread...

I use nothing but straddles and strangles. I look for stocks that tend to have a lot of big moves. Whatch the BB to see if they are tightening up so I know that an explosive move is coming soon. Find out some of the fundementals to help ensure what I would consider to be a strong move really is...

Thank you, And if anybody is interested in options please let me know. They are kind of boring compared to futures but there is a lot of money in them if done properly. This is how I made enough money to survive with a family in the military. 4re

Oh man, I can't leave without posting one more set for everyone. Long 1251.50 - 1254 Short 1245 - ??? This 1245.50 has become a very strong support level. If this breaks we could and probably will see 1220 this week. Good Luck, I wish I could play it with you guys. I actually left a...

Well you guys keep it open and I'll chime in. I just hope you guys understand that I would feel bad posting numbers that I can't trade. If everyone lost and I didn't I would feel bad about that. I don't want to be compared to Franz. If you know what I mean. Sincerely, 4re