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Agreed. Although I'm not certain that a probabalistic "prediction" isn't still a prediction and I often let lower timeframe action let me tell me when the market is running out of action rather than a predetermined exit point.

dont, Has SW seriously studied the markets and made that statement about them? If prediction is probabalistic and not absolute he might disagree with you. When I enter a trade I don't say "its going to do this" I say "its got a 60/70/80 % chance of giving me a profitable exit signal"...

Every time LTCM comes up they are used to prove something different. Frequently the opposite of last time. At least Mrs Clinton's brokerage experience is always used to show the same thing. And of course, there is Monica, whos experience with Bills proves that there are times when sex...

Tradestation 2000i is a good choice especially for end of day and systems trading. For day trading especially if you're an IB customer (because the data is then free) I'd go with SierraChart. LOL, noting the questions that just appeared above, for what its worth it can track spreads and...

I love interactive brokers :-) For a charting program I would recommend SierraChart - excellent product and a very reasonable cost. FWIW I use NinjaTrader for order entry (fast, flexible,everything I want) but would pick Bracket Trader as a second best.

Interesting thread Art. I liked LondonUSTrader's comments but feel (with you perhaps) that doing your best in a mixed environment requires a special person or good training to move beyond fears and cognitive distortions. A trick, if you'd like to post your pictures is to use this format (you...

FWIW reputation features don't work. You only have to have one of those idiots you mentioned (or 2) vote against you and your reputation isnt worth ... well you know. At T2W it seems that most people turn their reputations off after their 5s get reduced to 3s suddenly. I doubt that this is...

EqtTrdr, I also didnt enjoy his writing style (mark is the best case for ghost writers I have ever run across). I also felt he didn't provide solutions --- but I was wrong. The solutions he provides are there and quite simple but you have to do the work to figure them out. FWIW, the...

You might benefit a lot from listening to the Mark Douglas (2) and Adrienne T interviews at Woodies club. They are about the psych side of trading (some would say the most important and hardest part - some would disagree) but you will get a real sense of why a system or a discretionary trader...

Thanks Steve, Interesting. My location would provide a further challenge of course. Regarding others copying my stuff I choose to treat it as flattery - I did the stuff for free use in the first place so I like to think it just shows how good the work was :)

Steve, What about people like me who code lots of things (including I recall some of elders indicators once for Tradestation) but don't sell it - I just post it and people may or may not use it as they choose. Also, what about all the codings and sellings of old indicators like Larry...

I dont know multioption but i feel the urge to say: Psytrade just lost all credibility by recommending anything to do with Covell --- the non / fail / upsidedown-turtle --- psy, if u want true turtle info ask Curtis Faith. Charlie, thats a typically stupid et attitude --- "I know the best...

I have traded with 256M of RAM on a 128Mbps adsl circuit with IB and been entirely happy with the result. I currently have more but it costs me less. I use less than a lot of people who get far worse trading results. Apex, I think that your personal attacks on JR based on his being frugal...

That post is so much ... well, cowpoke, you'd recognize exactly what it is wouldn't you?

Knowing about the probability of something: - doesnt stop a trader trading (u just hedge or cover quickly) - doesnt stop a fool buying - doesnt stop someone emotionally attached to a postion holding the position. So, often, irrationality keeps extending (don't tell me that the NASDAQ...

And fibs

didn't use it because it lacked Andrews Pitchforks, Fib Projections and FibTime Projections I have just completed a dll that adds them using the TS2000i style abc inputs. <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=862385"> <img...

I just love going back over the last week and seeing all the forecasts of rises thru this week. LOL. And then after the first drop the comments that its gone far enough. What are we - traders or forecasters? In 1999 I learn't that lesson and I won't forget it. Anyone here who wants to...

PRT, you are the one who sounds like hes running a commercial. LOL. And the comment about "if they can't do it offshore they fail onshore" is pure self-serving bullshit. Anyone with basic management experience or even training will know that the longer the string the more difficult it is to...

You might find that interactive brokers is a good forex broker as well ... check out the threads here about the forex offering. And if you don't like it you can do futures as well :-)