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I doubt it. I'm sure the Google IPO will go up significantly, but it is unlikely that it translates to the whole internet sector.

That's the problem there is no finite % or amount that I use. I just want to see the white (DX) line ascending rapidly. Don't get me wrong, I do enter on some less "explosive" moves, but that's when I'll be happy with .02 or .03. Another thing that is faulty in that back test is I do not...

As I was saying in a different thread... For many strategies I don't think that a programmed back test translates well to real trading. It's just not that simple. Your subjective mind plays into real trading. I think its good to have a baseline strategy and stick to it for the most part, but...

hayman, did you use ADX or DX in your back testing? Remember in the DAS PRO trading software I use the "ADX" line is really just "DX", which is a little different. I think it would be difficult to back test this considering I am really looking especially for the explosive upside moves on the...

The reason I do not post here much anymore is due to the annoyingly negative attitude of some members here. It seems many people here are quick to shoot down an idea and tell you that you are FOS before they even look at it. As soon as you say you are making money (especially in a simple way)...

You know it's a problem so the next time you catch yourself being an idiot... just stop. Real easy, just trade out of it and solve your greed problem one trade at a time. Any profit is a good profit. The only one who can fix it is you. If it makes it easier to trade out next time, remember...

I've used Cyber and several other firms in the past. Currently I use the DAS software offered by Realfasttrader.com and it is very good and user friendly. Good execution speed and has all the Level 2 quotes, charting and other bells & whistles that I need. The Level 2 has the INCA, ISLD, BRUT...

Greed and Fear are easily the 2 worst enemies of traders. If you start thinking about your trading as making or losing you money during a trade, you are bound to get screwed by greed or fear. I think you have to trade a strategy and base your trades off that system. The strategy says buy you...

Thanks for the clarification on the DX/ADX. It's definitely helpful to know that it is DX and not ADX. If anything ever happens with my current broker or software, I'm going to need to know that when I look for another platform. Huge call on CSCO this morning. Buy CSCO @ 20.46 10:16am - Sell...

Don't mean to burst anyone's bubble, but the problem with this "contest" is that most real traders I know are too busy trading to post picks, chat, etc... in realtime. I know when I make a 3000 or more share trade, I'm paying attention to that trade not chatting and if I'm not in a trade I'm...

That is the main reason I use that software. I have never seen any other one that shows the DMI/ADX like that and I think it makes it real easy to see the calls and it has been incredibly accurate. Since all you guys have been saying the ADX is actually DX or whatever, you got me worried. I...

That is the main reason I use that software. It is the only one I stumbled across that makes it so easy and incredibly accurate.

No problem Rock, I was not referring to you anyway. Also, I don't mind debate on the subject. That's what the boards are for. From what you said I assume you are right and the indicator is probably DX not ADX. I can accept that. It is the people who made stupid allegations about me "spamming"...

I still think you do better with a flat rate commission (like $8 a trade) even if you have to pay ECN fees. Of course that is only because my smallest trade is 2000 shares and usually I trade 3000 or more shares. The larger the share amount the less attractive per share commissions become.

I just got a little annoyed the other day by the negativity and stupid accusations. I won't let a few jerks drive me away. I came here to offer up my strategy to those that would like to see something that works. I trade stock and I own some investment real estate properties and I do ok with...

Here is another screen shot that will hopefully help you guys figure it out. Check out the 2 nice short calls today. Both at least .10+ moves. Good day today...so far.:D The screen shot makes the DMI lines look broken up, in the real software it doesn't look like that (it's much cleaner)...

Listen, I started this thread to attempt to explain to people a strategy that is working VERY well for me. I really don't need all this negative BS. I am not a programmer, I am a trader. I trade everyday and make very good money. I have posted screen shots, told you about actual trades, and...

Yeah you figured it out. How ridiculous, people asked who I used and I told them. What broker anyone else uses doesn't make me any more money in my trading, so I couldn't possibly care less who use. Trade with whoever you want. All I care about is having a software that fits my strategy and...

Are you talking about the PRO software I use? You may be right, but I'll tell you this much it works great. As I said earlier, I don't micro-manage a strategy that works well. I like to keep it simple. 1st trade today (generally the first call is the best one each day) B 3000 CSCO @ 20.82 @...

I had an IB account and was very unhappy with the customer service. Their employees would be rude for no reason. Like you get an order stuck that will not cancel from your system. You call and they act like it's your fault. I have been day trading for 6+ years I know when I screw up and when the...