First, this would presume that ALL traders figure out a pattern that works SOON. Patterns change all the time.
But you're right on the "dump money". This happens every day, on every stock - Everybody tries to get in "before"!
However, this is not the point - While ppl might be trying to...
Exactly. Who gives a hoot anyway? Some good traders can make money even if they're right only right 15% of the time - Like options people.
Dear folks from the CTFC, TRADING is not about whether you're right or not - It's about bringing as many odds as possible into your favour. TA can help...
HAAAHAAAHAAAHAAAHAHAAAAAAH!
ROFLBMAO :D
Haven't laughed this hard for a while....
It's like - No, it's PURE COINCIDENCE that even the SPX & COMPQ most of the time follow EXACTLY the regression channels, trendlines, bollinger bands, let's not even mention MA's - Just to name a few...
This seems to be a hot new debate, particularly since eSignal seems to be going down etc...
WHICH charting package is the BEST? Please feel free to detail your opinions and experiences.
I appreciate your feedback :)
Live Long & Prosper
~The Scientist :cool:
I use IB as broker/execution, but still eSignal & OmniTrader (yes, I've got one of those...) for charting.
So far, it seems to work pretty well for me, despite the ugly design of eSignal it's not bad to have those new pop-out windows etc.
I've heard ensign is pretty good, but then people...
I use eSignal. The software is cumbersome and looks like it's been designed for 7-year-olds. But the datafeed still seems to be the most reliable. I've never had a cut-off with eSignal.
Please suggest some good alternatives...
What really WAS my mistake is that I double-counted ages rather than excluding them (i.e: I polled 18-21, 21-24, 24-27 rather than 18-21, 22-24, 25-27 and so on...) Shame about that, but I'll know better next time :D
~Scientist
By the way - The results on my specs on NTES mentioned previously: Some scalping for the interested ones;
-----------------------------------------------------------------------------------
Long NTES @32.01 (just above the 3rd 1-min candle for the day)
Stop-reversed @ 32.47 (9:35am -long...
Hmmm... Shame though it's not exactly accurate graphically because as the age increases, the increments increase as well - Very unfortunate we can't have more options on a poll...
-Scientist
Yeah sure Brother candletrader. I'm sure it's just a temporary thing.
Once he's collapsed a tower or two, he'll get over it and become a nice guy. :eek: