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    Are intraday Candlestick patterns useless?

    IMHO, the "secret," for lack of a better word, in intraday trading is reading the price action. How or what you chose to read that action is irrelevent to whether you are successful or not. IOW, contrary to popular belief, there are no magic indicators, settings, or charting type that will...
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    Maxtor Drive Died

    The link I provided in an earlier post is a data recovery company I have used in the past. The maximum price they charge is $459 and they are quite good at getting all of the data according to my own experience, experience of others I have recommended the company to, and of numerous others who...
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    Maxtor Drive Died

    IOW, the best of the worst! :D st
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    Maxtor Drive Died

    I've used this company with good results. Cheap, fast, and easy to work with. http://www.nationwidedatarecovery.com/ You can have the data transfered to either DVD media or another hard drive if you furnish them with one. I don't worry myself with the warranties. I buy drives when they...
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    Williams %R

    LOL!!! Another 'secret' indicator is exposed! You guys are killing me with laughter! :D st
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    Williams %R

    Isn't it amazing that anyone could be so friggin' stupid to actually believe that he has somehow found what thousands before him missed? The entertainment value at ET is 'priceless'!!!!!! st
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    Williams %R

    Just think..................tens of thousands of traders came before you and failed, and YOU were the only one 'smart' enough to have found the holy grail in using a widely publicized indicator on a free charting site. Bravo! When that indicator makes you rich beyond your wildest dreams...
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    Williams %R

    Already discussed at length with concensus that it provides no tradable edge. http://www.elitetrader.com/vb/showthread.php?s=&threadid=49502&perpage=6&pagenumber=1 st
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    Williams %R

    Even a blind squirrel finds the occasional acorn. :D st
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    Williams %R

    Looking at the failure rate of 'traders', it becomes clear that approximately 95% never "understand" that principle. I'm simply amazed at how many people follow the losers before them by thinking they have somehow found the secret to an indicator. st
  11. S

    Williams %R

    As do the rest of the 95% of "traders" who eventually fail. st
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    zero sum game?????????????

    [/B] i]Quote from whitster:[/i] PLEASE trade YM. i need some more traders to provide liquidity to me. thanks [/B] LOL!!!! I'm simply amazed that this thread is 40 pages long and so many are actually arguing that the stock market is a zero sum game. The dumbing down of America is in...
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    zero sum game?????????????

    The statement is true. Earnings can indeed be either a postive or negative number, and regardless of what that earnings number is, what people are willing to pay for the stock in relation to that number is what determines price. "Gambling, on the contrary, is a zero-sum game. It...
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    zero sum game?????????????

    You are correct. The stock market is not a zero sum game, and as you point out, those that believe it is are simply clueless. http://www.investopedia.com/terms/z/zero-sumgame.asp http://www.fool.com/news/foth/2000/foth000912.htm st
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    trading without charts...suicide?

    Don't they have access to order flow, or am I thinking of something else? :confused: Also, doesn't Harvey Halman (s?) do something similar? Seems I read somewhere he provides liquidity in certain markets and keeps the spread. Or something to that effect. :confused: st
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    trading without charts...suicide?

    Is he a day trader????? :D st
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    trading without charts...suicide?

    I know of a gentleman who scalps succesfully using nothing on his screen but level 3. He explained the basics to me, but I never was able to grasp it in real time. If I hadn't seen it with my own eyes, I too would have been skeptical. Short answer, yes it can be done...
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    AD Charts with QuoteTracker

    I don't believe IB offers AD data. st
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