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They had a good track record; this year they don't. What can't you understand?

I think you are dead on. When the economy rolls over, it may be hard to stimulate this time, and commodity prices will take care of themselves. This sharp reversal in yields back to near-historical lows is sudden and amazing.

It's being held on the Planet of the Apes.

Hi, I am looking for a futures broker that is suited for high-volume trading, approximately 100,000 E-mini contracts per month (ES, NQ, YM) for a 7-figure account. A 106H application was just submitted, so I'm looking for a reasonable round-turn rate as well. Please contact me by PM, or post...

Think of it instead as the absence of selling, i.e., don't short if people have no reason to sell.

Interesting point -- always trade the economic data in context of the prevailing market trend. I think real estate has one more leg up -- those home builder charts look good.

Milton Friedman thinks so.

Ivory tower psychobabble. I am hard on myself on every losing trade and pretend that I'm down 50K every morning -- keeps me humble and sharpens the focus. The market is a worthy opponent, and I treat it as such. I don't wake up every morning and say "Gee Marky, just remember that the only...

Ah, but that's Eric's point. If one can eliminate the negative emotions of fear and greed and substitute a computer that trades the same way as you, would you not prefer that? But admittedly I am a huge programming bigot. Anything, anything can be designed and built for the market -- it's...

Bravo Eric. I have a system that is a better trader than me even though I programmed it. Why? Because many humans are incapable of assessing all possible conditions at a given juncture in the market. For example, I'll get a signal and be skeptical because I can't instantaneously recall all of...

I take about 16 actions (8 swings) per day for about 0.6 times the daily range, and that's catching the turns pretty well. I don't think it's realistic to make three times the daily range; sometimes one can catch an "ATR Reversal" day (05/11/05) for between 1.0-1.5 ATRs. One needs a minimum...

Cramer hasn't quite connected the facts that put him in the right place at the right time during the roaring bull. But clearly the last five years have demonstrated his pure idiocy.

This little psychological trick helped me. Always assume that once you put on a trade, you're in a losing position (if you're paying the spread, you really are). So what is the possible outcome of your trade? Simple -- you either manage the loss or the loss turns into a gain, in which case you...

No, it's just someone trying to make money. Isn't that what you're trying to do, or is it just for your personal edification?

Mmm, juicy topic. I am into range prediction, so the previous day's range and the next day's volume are the two main factors used to predict the next day's reversal points, combined with S&R levels such as previous high, low, and pivot point. Once I added pro-rata volume (PRV) to the mix, it was...

Here's an example that drives system traders nuts. The data feed for TradeStation spits out at least three or four bad SPY prints every day (three refreshes today), triggering false signals in some cases. The difference between backtesting and trading in real-time is that when you're backtesting...

Well done -- perfectly executed. Anyone note the similarity between the S&P top and the oil top? I think oil's going to be the trigger that reverses this market and allays the inflation fears -- just too hard for people to figure out right now. But the rotation into large-cap tech is happening...

Cramer can bring in the retail monkeys. Don't complain.

If I couldn't trade what I thought, then I couldn't trade what I see.

A poorly ventilated room of Indian programmers, right software guys?