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anyway, thanks for the link. The information is deceptively simple.

hey Breakout, If I'd spent as much time at this site as I did reading the posts on the Random Trading thread my life would be a lot less complicated. Here's 4 sentences which sum it all up. It will put you in the right mood to profit when random ocurrances start trending. I'm having a...

Bollinger bands bring bad boy bukoo bucks...Baby! The secret is, I switched from macd to rsi as a confirming indicator. Well, it's not really a secret. You can go to www.bollingerbands.com and they tell you exactly how to do it. I've got a whole box of tools. If I would ever bother to read...

But me personally, if I think I can get 1 pt I'll usually put it on with a 2 pt stop. Not a very sound starting strategy. If I do get my 1 pt, then I have to go through the whole agonizing process of assessing the situation all over again. And I just keep doing it over and over again asking...

We start out with a plan and rules, but when we have a profit, suddenly we throw the plan and the rules out the window. We here this nagging rule inside our heads saying, "Never let a profit turn into a loss." Now I ask you, how does the law of averages know that it can quit working for us...

This is my all time favorite topic, so forgive me if I go on and on. Rule of thumb is 1 risk to 3 reward. So If we put in a 2 pt stop, we don't change it come hell or highwater till we either get stopped out for 2 or get our 6 pt profit. But that is too simple. So then we try to trail at 2...

if I knew the answer to that, I would know everything. It has always been my missing piece in the puzzle. I think it's all in my head. If I buy at the bottom, the market goes up 3.5 pts and I sell and then it turns and moves back down, I have made a great trade for a 3 pt profit. If I buy in...

2 timer, It really is an excellent idea. I voted. The key is buy the bid and sell the ask, no commissions. I went through a long losing streak and I couldn't figure out what was happening because my wins were all bigger than my losses. When I avaraged out all the trades, my average loss was...

Inspired by a statistic which claims 90% of all traders are losers, I developed Bassakwards. How it works. Bassakwards secretly without your knowledge, converts all your buy orders to sell orders and your sell orders to buy orders. And supercharge your profits with the new innerout...

check out bassakwards

The best idea that someone on this site mentioned was, just have one exchange with millions of members and do away with brokers altogether.

They say the markets chop 85% of the time. So naturally, if you can figure out a way to trade a choppy market, you would have a trading opportunity 85% of the time. But I have never figured out a way to trade a choppy market. Besides, if you daytrade, you can make all the money you will ever...

Thanks breakout. www.stockcharts.com has a good glossary and is also an excellent site. There is a very good introduction to candlesticks over there. I've got to do some research on these K channels everyone is talking about. I don't even know what they are.

Delta neutral is one thing. I have nothing but respect for a true delta neutral trader. And I don't think nowdays a single individual trader can compete in the delta neutral arena. But I have done all kinds of spread trading in options and grains. If you are going to be naked for even one...

For example, I was putting on trades at what I perceived to be the lowest risk points. Now I stay out of low risk trades and only put on trades at the highest risk point. (Not to be confused with low and high probablility.) After a while, it is like jumping over a fence and seeing everything...

lightnen, That's exactly what I did. I was losing money. I stopped trading and tried to figure out what I was doing, and started doing just the opposite. If it is so easy to lose money why is it so hard to make money? If you tried to lose all your money could you do it? 99% of trading...

Puffy, Who is making money in a triangle? Almost no one. The bulls are worried, the bears are worried. Everybody is all anxious. But everybody stays with it because the bulls at least get higer lows, and the bears get lower highs. Whenever I find myself asking, "Well now what do I do?" I am...

stocktrader777, This year I have to get one of these accountants who specialise in futures. I went round and round about this when they changed the law in 1997 with my accountant. I legged out of a wheat spread so I could take the tax loss on one side. Next thing I know, I am scrambling around...

get enough systemas all going at once and you could darn near make your own market. Then all you would have to do is charge all the systems commissions and sit back and let the dollars roll.

ok, now I think I get it. It wouldn't make any difference I guess. I suppose it would all come down to whichever system got to close the final trade.