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You just have to ignore half of what I say at 2am :)

No. The traps often preceed trend days though because they are very emotional. An example of a trap woud be yesterday the market opened at or near its low and closed at or near its high. Then, todays open is under yesterdays low. 8/22/02 on the Nasdaq is close to a trap. I'll find a specific...

There is a popular game played at carnivals, the object of which is to hit the head of a joker as it pops out of one of multiple holes. Most people will "lose" this game by continuing to watch where the joker once was. When I watch many market players reacting to the markets natural coiling and...

Looking at the action today, and the indexes after the close I began to scan this evening looking for buying opportunities in stocks. I was suprised that I really did not find many, in fact the best setups I have found are on the short side. Usually if the market decides to talk its a good idea...

[21:54] <brandon> really be there in your minds eye [21:54] <brandon> you will need to be doing this for several weeks before you can apply this to your trading [21:55] <brandon> but once you are able to directly apply it, which is what im going to go over next [21:55] <brandon> it is...

[21:27] <brandon> take the initiative and trade to win [21:27] <brandon> Set a high goal that is reachable [21:27] <brandon> this will create a tension area [21:27] <brandon> and this is positive [21:28] <brandon> it is a creative tension from being where you are now vs. where you want to...

Every other Weds we give a lesson in the Live Trading Room. The focus can be on anything from setups and risk managment to the psychology of trading. I have been getting very good feedback on the class I gave last night, so thought I would share it here with you guys at ET. [21:05] <brandon>...

WAG trading 31.96 last. Taking profits. Brandon

[10:58] <brandon> 10:58:00 DAY TRADE: BUY SETUP WAG above 31.55. Stops under 31.30. Gorgous base Brandon PS. Breaks need to occur by 5 to 8 cents.

I wish you the best of luck as you go. As for your money, I would just keep it in cash. I don't think you will miss much and you should not have to worry about your money as well as your life. Brandon

http://www.assyrianchristians.com/i_was_wrong_mar_26_03.htm

You can see here that GILD had a small gap up at the open. There is a very strong tendancy for these type of small gaps to fill in. When they do not it is really sending a signal to you that the stock has a lot of underlying strength. Once you have indentified that then you have to wait for your...

I finally had a losing day after having had my best two week period in over a year. From my initial analysis down to my final trade of the day, I was pretty much off all day. Fortunatly this was evident early so I was trading small, and not very often. For the most part we had a very low...

Its legal but your broker is the only one who is going to make any money off your efforts. Brandon

The people who I have seen succeed have the ability to stick to something, a lot of perserveriance. They are also very good at learning from mistakes, ultimatly thats your best learning tool. Brandon

No bear market has ever ended with consumer debt at or near new highs. We are right near record highs. No bear market ends with the same old stocks breaking out. You need new interest in the market. New idea's, new technology and new capital. Value has to be created. Things always change...

In the big picture, I doubt its going to amount to anything. We will go back down. But for now, its been a lot of fun. Brandon

Shows exactly why we should not expect a simillar reaction from Gulf War2 as we got from Gulf War 1. The market is still not in great shape. Brandon

One thing I hope you start to see is that the idea's I'm using are pretty much the same across the board, and very simple. Thats how traders trade and make money. With simple systems that work, and they follow them over and over again. FAST was in a clear downtrend and one of the days weakest...

Today was one that did not start out nearly as well as I would have liked, or had thought it would. Through persistance though I was able to turn things around and have a nice day again. One of the really striking things about the volatile moves the last few days is just how important it is to...