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Make a public commitment and combine it with a little bit of a reward. I told my wife, friends and family that I was committed to making (I think) $2000 per month. It's amazing what you can do when the commitment is public and people will ask you about it. I then created a "reward" system...

I experimented with in on friday afternoon. Works great.

I have learned (the expensive way) that to trade well, I have to be relaxed. If stressed, I make mistakes. The only way I know to make the process of trading less stressful is through repetition; you have to focus on the the trades, not the money. As tedious as it sounds, you have to expect...

Be careful with COT. I believe you get some of the data up to two weeks late. Makes it sort of difficult to time your entries. Some data vendors adjust for this, others dont. Allan

You're quick! I think it took me almost 3 years befoe I had the first truly profitable EOD system. Probably 2 before my intraday methodology worked on more than small portfolio of stocks. Well done!

Neither will make you a better trade, imo. In my experience, the WSJ is simply more timely. When I subscribed to both, I often had some stories in IBD be one day later than WSJ. I use the WSJ to get a take on what stories people are talking about. Helps avoid certain stocks or adjust risk...

Volker, I suggest that you contact Baron for his rate sheet. While intereresting, your posts sounds much like advertising to me.

Tony Oz, in his latest book, "Taking money from Wall Street" or somehting like that, has a very good explanation of R/R and how to pick your trades. Wish I had understood this sooner

The way I look at it is, if the risk is two points (reasonable in ES), the there should be no major reason why the trade cannot reach 6 points. If there is resistance at 3 points, the odds are not good enough, and you should pass on the trade. In reality, RR ratios are tough to quantify in...

Have anyone had success with this combination? My experiments show that Quicken still doesn't handle intra-day trades or short sales correctly. I was hoping that I somehow have misconfigured quicken, since I've had great success with Quicken with Cyber and other brokers. Any advice would...

Yes, points and NOT $. Actually, I have learned to simply close my account window and just look at the charts. I now often, when my trades (with stop and targets) are on, simply walk away for 30 minutes.

I used to use Lind Waldock. I had nothing but good experience. They are now part of Refco (I believe), but still run as an independent subsidiary. the phone staff was good (even in the middle of the night) and they caught a few beginner mistakes i made at the time. Recommended...

Enter on limit + 5 cents (for longs), where the limit is set to the last trade. Works most of the time.

My little bit of advice, * first eliminate all contracts that trade under 25k contracts a day. You'll get killed from slip otherwise * focus on cbot and cme. I had terrible experience with all other futures exchanges. Poor fills, late reporting, etc. * Avoid contracts that roll more than...

I believe that Dennis Meyers is worth listening to. He has many sound ideas and a good methodology. Whether any one particular system is good or not is always open. Also, I doubt that he would disclose anything really good in a magazine for no or very little compensation.

I've used musicmatch jukebox for quite a while. works very well. I've recently switched to iTunes (for Windows). Works equally well. It seems to produce identical mp3 files (same size at least) to musicmatch so I suspect they have licensed the same mp3 encoder. I use iTunes, since I use an...

Congrats! it looks like you've made terrific progress. On the auto-optimization. I have found that the "better" solution is to parameterize via volatility or some other factor that measures what you want to optimize for. That way you can often eliminate the need for frequent optimization and...

I use my ipod quite a bit during the day and the management of the individual files is somewhat of a hazzle. Does anyone have experience with software (free or commercial) that merges multiple mp3 into one large mp3 file? Allowing me to have one file per CD for instance I've found a one...

My choices have been eSignal for intraday and QuotesPlus for EOD

I don't have experience with the software, but her book is quite good. It explains much of the detail behind the indicators.