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exactly!...predict. So what's your arguement? NO SYSTEM knows for 100% what will happen next. Yes a system should be built off good % chance of success, but the trader needs to have the intuition to know what trades to take that the system gives him.

and the advantage over using multiple bands to just one is, what?. All you've really done is just clutter your charts up imho.

buy the dips. It's "cheap" now

Even the best trading system wont tell you what will happen next. Intuition is used to fill that gap. If you cant trade off your intuition, you just another analyist looking at charts.

From Birmingham. I trade Stocks. Hey Jm, hows things been?

Unless you have strict rules of how your indicators will be used, you are only making your job as a trader more difficult. I'm developing a second system that uses 4 indicators. Each one has 1 purpose, and one purpose only, that is applied to every trade. stochs with 34/10/10 settings macd...

txi

Another ugly week, and with the dow dropping, maybe longs arn't the best trades right now?..anyway. Went long CSIQ on break of highs, but was too quick to pull the trigger (-102). TXI looked like a great entry, especailly after the first day, but then we began to rally. Long term TXI is bearish...

Trading is gambling, doesn't matter how much risk you throw in the equation. If chris ferguson, Johnny Chan, or any other pro gambler only risk 3% of their chips, or 50%, it's still gambling on an uncertain outcome.

Was neke trading like this before he made his first 100k? or was the 100k from savings?

vlo. Closed above the 200sma today, possible trend shift to the upside. At red fork line resistance right now, and we need to break this blue trend line. After that I say we go to 30.

95% probably dont trade FULL TIME I'm sure there are more than we know, of traders with smaller accounts or even larger acounts that are profitable, but like the security of a job, and the pleasure of a 2nd income.

sndk weekly. This should change your perspective greatly. Any swing trader that ignores the weekly is just insane imo. I think any trader in general needs at least two time frames to work from. But back to my analysis. First of all, we're trading in this big red fork with resistance in the 35...

SNDK, and yes, it's also on my list of favorite stocks, but no so much as csiq and caas. The daily looks great. Nice pull back, and today we had a 2pt move?..jump on the bandwagon you say?...not so fast, because things are different on the weekly. daily...

CAAS, another one of my favorites for this year. Again like csiq we have two forks in play, and a fib retracement. The blue modified fork shows price testing its median line, while on the black fork, price is at its lower fork line...both support. We call this an "Energy point" When price hits...

CSIQ one of the stocks I really want to buy and hold for the year, and here its showing a nice retracement, and test of lower fork line. ATR says this can move 7.1pts a month (78.1 pts in 11 months). This stock has strength for sure. Price is trading with two forks. The blue and the light pink...

bought it a few days ago for like 35 bucks. cant wait to see it. I always wanted to trade on the floor, and now its a dead pipe dream.

What ive learned over time is to NOT try and be cute and fancy. Stop trying to outsmart the market by attempting to come up with some secret mix of indicators. Use what others have used for generations. Forks, fibs, trend lines, channels, etc... those are the best indicators. kon

I would like to know whats stopping neke from trading in the pits. :)

Gosh not another "Best indicators thread". There's already 9 pages of "best indicator" type threads. There is no best indicator, end of story. If you have a solid trading plan you can make money with any of them. They were all created for a purpose, you just have to know when, and how to use them.