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Don Bright and others talk about using the futures as a leading indicator for stocks. My observations lead me to believe that there is little or no value in using one market as an indicator for another. I am awestruck by the the way everything moves in lockstep. I have done overlays ad infinitum...

This idea that you have a 50/50 chance of being right on a trade is bull. A lot of newer traders believe this and wonder why half of their trades dont go their way. It may be true that there is a 50/50 chance that it will go up or down after you enter but the path it takes determines your fate...

Nobody wanting to be an engineer or an accountant would think they could do so in a couple of months but many people think they can learn to trade in this amount of time. Its really an insult to the profession. Figure on spending the same amount of time you would to get a degree in anything else...

One thing for sure, it will either go up, down or sideways.

Wonder why they're downgrading their credit rating then.

One thing I have learned for certain over the last couple of years is that there is an infinite number of ways to trade. I seriously doubt any two traders trade exactly the same way. Some people use lots of indicators, some dont. Complicated people use complicated systems, simple people use...

Have you done any analysis of your trades? I suspect that if you look back you may find that half the time you did the right thing by getting out when you did. If this is true you probably would not have made any more over the long run. Worrying about money left on the table is demoralizing. Its...

One of the few books I dont regret laying out the money for. LBR is one of the great teachers. It's also worth your money to spend a couple of months in her chat room. At the end of the day print out the transcripts and save them. I have three months worth in a binder and go back and read...

Well its true every buy is also a sell but if the majority of the trades are going off at the ask its a pretty good indication that price is headed higher.

You should have taken Reality 101 while you were in college.

cta trader In reply to your pm what I'm saying is that 2 of your 4 posts suggest that you have something for sale and since your homepage is a commercial site I'm guessing, just guessing mind you, that you have an ulterior motive. If I'm wrong may I rot in hell.

if it looks like a duck, and it sounds like a duck............

2000 is messing with my head. I used to reinstall win98 about once every two weeks and then reinstall all the software. I spent countless hours doing this. I havent had any problems since installing 2000 and now I have a lot of spare time on my hands with nothing to do. I'm looking for a new hobby.

Yep. They usually show up in pairs. Both dressed in black.

Stardust SFO is a new magazine call Stock Futures and Options with an emphasis on ssf's. I think they are just now going into monthly publication. They have a website at http://www.sfomag.com where you may be able to get a copy of the article. Its in the August issue. Have some stuff by...

Just finished reading an article in SFO magazine where the author claims that squat bars when used along with certain wave patterns have an 80% accuracy in predicting reversals. I had never heard of squat bars. You take the number of trades that take place and devide that total into the range of...

Risking 3 points for 2 is not exactly conducive to building wealth unless your system is right 75% of the time which is unlikely. I think youve been lucky so far.

It seems to me that you only recognize a "choppy" market after the fact. The chop begins as consolidation in a trending market. At what point do you decide you're in a "choppy" market? Thirty minutes of "chop" is a short consolidation period on a 60 minute chart. The general take is that you use...

S/M = sadomasochism?

hardcash Would like to know what she means by trading tests in the direction of the trend. A test is generally a trend reversal or a breakout. She must be talking about playing the breakout in the direction of the trend. I have yet to find a good method for playing breakouts other than...