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Did his daughter also commit a fraud by winning the Robbins championship? How much validity should we put into what Gallacher says about him?

Yes, he is a good one. Even his daytrading junk literature is not that bad. I have two of his books, one is of 'junk' kind, but not that bad. There are some good basic ideas about money management in this book which you rarely find in the books of this kind. His daughter won a Robbins Cup...

Natalie, what charting software do you use? Thanks. wally_

But not for futures traders, particularly if some want to trade with as little as $2,000. There is a fundamental quantum of size= one futures contract. With stocks this is more correct, you can buy odd lots of shares, even one.

My thoughts exactly. If something cannot be explained in one or two paragraphs than it is not simple, period. Mike's and Natalie's method is simple. If you add some simple elements to it, it will still be simple, but if you make a super-duper combo out of it, it ceases to be simple. The title...

I hope it will help you to review your trades later on, because as far as your readers are concerned, I believe that if they are intelligent enough they can understand what you talk about even without charts or they can consult their own charts if they care. I say this because if this turns out...

That's really very magnanimous of you to let us fight over what it is we are fighting over here according to you... Hmm... I, just like inandlong, thought that this board was about exchanging ideas, but it turns out that some already see in this some sort of fighting. Well, and I thought that I...

I own the book, but did not read yet. Yet I did take a closer look at its contents and it seems to be a good book, fairly comprehensive. It's worth the $50 for sure.

Seems to me that it is you who is making a big deal out of it calling it a slander. What slander? BCE did not like their business and he said so. It was based on his experience and he had a right to do so... Yes, some people do threaten so, and that's usually when they lack other arguments.

You are most welcome. I did not know myself that it would work that well this month. Last month though I spotted only one occurence of this phenomenon, but every bit helps, and this one seems to be very reliable from what I have seen, so why not use it when you have a chance. This month you...

Well, yes, but since you have been using Mike's ideas for only a few weeks, you are not necessarily comparing apples to apples here. Wait a bit longer and you may find out that employing some other ideas in your current strategy can only help. In fact, what inandlong suggests works as well as...

Yes, this has been discussed here at some length in the thread called 'The importance of simplicity'. So what's up with the intraday data for WL users? Can we get it any time soon? Thanks, wally_

I know how you feel. I was once threatened by some big shot trader-educator who blatantly violated full disclosure on his web page that if I ever mentioned that on any public forum he would sue me. I did not want to waste my time on that even if I thought that I would be able to defend myself...

Almost everything has already been said on this board. Do a search here and you will find some answers. Plus, your questions are very general, so you are likely to get rather general answers. Do a search and then you will be able to make your questions more specific.

I have been wondering about that for some time too. I guess it still exists if you can afford a good lawyer. And that sucks big time. Have you heard this one: what do you call 10,000 lawyers at the bottom of the Pacific Ocean? A good start... Yeah, that's an old one, but it still applies.

Absolutely agree, will never use them for sure. Thanks BCE for saying openly what you had the right to say. They will not get my business not because of what you said but because of the way they acted after you posted your personal opinion.

You have not tested all of them yet (that's impossible, anyway) so how can you jump to this conclusion. IMO, they work. It is important however to make sure that your losses are limited, in some of my ES systems I assume the 1.5 reward risk ratio with the 6 pt stop-loss. Here is the recent...

that are too complex. If you cannot test a system yourself using just price bars and nothing else (that is by hand, as I can do with all my systems) then don't buy it. Simple systems can be good enough for most people.

My thoughts exactly, here is the last 5 month results of some simple system of mine for ES trading (in ES pts per contract): 70.75, 71, -63.5, 75, 73. If you started out in September, you were bound to be very dissapointed only to make it up in the following two months.

Be careful, it does not work as advertised. See my post about that. Do a search for that on this board.