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Larry Connors is a smart business man. He knows that naive people like you will purchase just about anything given the right pitch. He started his own publishing company "Connors Research Group" and hired a good programmer named Connor Sen. They forwarded a copy to my office shortly after the...

I am sympathetic to the fact that we all start from a position of ignorance. The idea that trend does not exist is incorrect. One can see trend by simply taking a chart, posting it on a wall, and asking a nine year old child to tell you whether the line is moving up, down or straight across...

There are two versions of the book. One version has more than 287 pages. The cover on one version is green. On the other version the cover is blue. Steve Edit: You know, I can't speak for others. I assume that there are two versions. I notice that when they are for sale on Ebay, that...

I think this is an appropriate time to provide my "Etrade Experience": My first trading account was with Etrade. I a small amount of money into a trading account ($13,000). I tried to use the frontend that Etrade provided, but found that it was often difficult to access the website, and after...

Yes, I HAVE heard of Spike Trading. From what I understand they are run by some Jamaican gentlemen. If I remember correctly they practice a religion that permits them to smoke marijuana (they call it "herb") while they work. As a result, it is important to keep good track of your trades and...

As usual you are providing the kind of "advice" that will get a new trader into trouble. First, any new trader should avoid Forex as it is not regulated. Instead look to US exchanges to trade currency. Please go to www.cme.com to get more information about this subject. Second, the idea...

As has been said and long ago, in the long run stocks "fluctuate" Do they go up? Certainly do. Do they go down? Absolutely they do. Brilliant and penetrating question. You are halfway to knowing something useful. All you need to do now is to pick a market, study until you know...

Housing. Perfect for you folks. Philly Housing Sector HGX. Steve

In my opinion, market participants either "are" or are "not" professionals. "Semi-pro" is in my opinion, an oxymoron. Many if not most here on ET are "not", hence all the very interesting and colorful, and ultimately useless commentary that flows from the threads. Merry Christmas to all of...

Thank you Samson, you are a sweetheart. I agree with BigH that indexes are where the game is really played. Of course if you had to sell one of your testicles to get a stake, you may not have enough balls left to pull the trigger:D At that point you may end up telling people you will...

I have Crabel's book. Personally, I am amused that it has become such a big deal. However I would not sell it for any reason. It has really helped me to advance my understanding of trading the open. By the way, the PDF that is available is incomplete. Good luck, Steve

Really? You know that comment is characteristic of a person lacking one (or maybe both) testicles. its as if something that I said hit a nerve. Well if that is the case I certainly apologize and I want you to know, that if your opinon mattered at all, I would be crushed. I wouldnt know how to...

If you have a truly profitable system, why not borrow on your credit cards (if you have any) and put the capital into a trading account. Alternatively you could take a second mortgage out on your house (or double wide trailer) and fund your account that way. Also, if you have a record of...

How is it Adam, that you have managed money (for years now) and traded for so long, but apparently you cannot read market depth off the screen? Also the Russell trades on the Merc (Chicago Mercantile Exchange). They want to encourage traders to execute in that market. You could go to that...

Shoot yourself in the head immediately. Give God a chance to get it right next time. Oh, and thanks for the tremendously interesting story. Steve

Hello: I like Linda Raschke's chatroom. She is a professional, with a lot of experience. Problem is most people asking this question don't really want to learn anything. They simply want to piggyback the trades. If thats your preference, you should probably look at one of the flashier...

Hello: This happens often, and is part of the cyclical nature of the markets. Retail traders go under first, because they have not been able to find an edge, and the account has finally hit a level from which it is psychologically too difficult to recover. Next the prop traders. These folks...

Hello: There is a lot of very interesting commentary about the inventor of the McClellan Summation Index (General McClellan). Not many people know of that it was invented by a famous confederate general. Apparently General McClellan liked to keep a bugle in his tent, and his favorite thing to...

Hey: When I read these posts I guess I have to smile. They are all the same, with the author telling us how he/she is prepared by virtue of some education and the desire to trade. THEN we hear that they have very little money to work with, AND they have no real experience in the market...

Hello: If you are serious about this, the choices are pretty clear. You can start to read appropriate texts, magazines, internet articles on the subject, casting a wide net at first. Then as you develop enough experience and background, you might be able to answer some of your own questions...