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My team will never give up:cool:

He receives a secret code embedded in the classified ads of the New York Times. The rest of us here have divided into teams to try to find the ad and break the secret code. Perhaps you would like to join us. Steve

Hello: Trading, when done right is a process that integrates both "sides of the brain" both the creative and the analytic. For most retail traders, the challenge then, is to obtain the skills (analytic), and the psychological stamina (creative) necessary to stay in a profitable trade long...

Hello: I think a couple of things should be said I notice that most retail traders direct their attention to setups and entries. Commentary about stops, position sizing, position management and exits is almost never the primary subject of a thread here. Ironically, these issues are...

Ah British: No wonder you are so ruuude. Well sweetheart that tells me everything. What we know from experience here, is that brits who come on strong but have no real comment to make are often crossdressing hairstylists, who happen to have bought a new computer. You sound quite like one...

Excuse me. Are you talking to someone here or what? If you have something of value to say, now would be the time to say it. So far I am not impressed. Do you trade? or just type for a living? We have a special section for you if it is the latter. It is called "Chat".. Try it. There are...

Hello: Its a matter of mastering your thought process. If you have an edge, then you should welcome losses. WHY? Because a loss means that you are one step closer to the next winner or series of winners. If you have no edge, it is hard to be self possessed and to trade with...

Personally, I think Linda's (and Chris Terry's) rooms are pretty good. Both are good traders. I learned quite a bit from Linda in particular. I participated in Nihabashi's room for a while. I thought he was an exceptional trader. Very disciplined and focused. I know of a couple of others...

Answers: 1. Strip: Mobius Bottle:Torus 2. obsessive:compulsive 3. Lacking money:Penurious, Doting on ones wife: solicitous 4. Mice:Men Cabbages:Kings 5. Tire: retread Parchment: Palimpsest 6. All is one: Monism All is self: Dualism 7. unknown 8. unknown 9. unknown 10...

Urban myth. In my opinion you either have a testable viable edge or you do not. A psychologically healthy person would not trade without it for the same reason you wouldn't repeatedly hit yourself on the head with a hammer. Steve

Hello: The psychological impact of an immediate drawdown is much different than a slow bleed. So much so, that it is generally the case (for retail traders) that once you suffer a significant drawdown, you rarely come back. This is attributed to the fact that retail traders generally do not...

Hello: Most traders, especially retail traders are totally unprepared for an extremely adverse (also called a "black swan" or a "six sigma") event. As a result, they are usually casualities of thos events, and never recover. For those who are interested, take a look at your account balance and...

Hello: Htrader has it mostly correct. There are institutional groups who develop a business rep for moving volume. They respond to "interest messages" from other institutions hoping to move volume in blocks without moving the market. Rather than get into the logistics, lets just say that it is...

Carl: Seems that you are new to this. Depending on the edge a trader finds, it is possible to make money on various "scales". That "scale" depends on the liquidity of the market you choose, as you always need a counterparty willing to transact. The strategy you outline has several flaws, some...

Hello: I don't use TM myself, but several in my old office did (and still do) and have no prob. Also I know of several traders in the UK who use it and report no probs. Steve

Hello: Trading the S&P is a specialty. It is difficult because of the noise as has been said. The idea that one can use a single indicator or even several to produce a turnkey solution is simply naive. Good professionals use everything they have to make a profit. Experience, technical...

I'd like to offer a quick comment. First, it is very difficult to code a daytrading strategy that is consistently profitable for Index Markets like the S&P. On a longer time frame it becomes a little (I emphasize " little ") easier. The trade off seems to be drawdown. Prob #2....Many systems...

I don't mind people refering to Wikipedia as long as they understand the limitations. You appear not to understand them. If you will do a little background on "Wikipedia" you will start to put this into a proper context. Thank you, Steve

Thanks Pat: Looks like I will go that way as well. Continued good luck to you. Also regarding the Treo 700. I learned today that the product still has some software being developed for it. Apparently if you use a Bluetooth earpiece, it won't (as of today anyway) respond to vocal commands...

If you don't mind I would say a couple of things quickly. First, I think there is a good mathematical basis for pivots. They represent an average of sorts and because other market participants use them, they tend to work in a way analogous to a "self fulfilling prophecy". Although I don't...