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Is their any software that I can use to give me alerts based on technical patterns that I can with my eye but don't know how to code? Also, I would like it send alerts to my cell phone? Also, I want it to screen 1,000's of stocks, es, er, ym, and forex.

I think you should hit your hand with a hammer every time you break a rule, or pay someone to do it. This way you will not be able to trade until you heal up. Also, if you start to trade with your feet, then yes, you must smash your feet with the hammer. By knowing that you are about to...

I think someone mentioned it on another thread, the point of being a successful trader is not size, but working to be profitable every month. By doing this, you establish a record, that allows you to manage other people's money. Why is this important? Because it diversifies your income...

I have the opposite feeling. The brokers know who I am, I keep bringing in more business, and they say well we could force his stops, but them we not be making money anymore. So if he balls to hold onto that position and not sell during the draw down, we are not going to mess with him. Also...

Do not listen to those that tell you not to trade forex. Just because they are too lazy to come up with a working strategy does not mean that its impossible. Personally I think trading forex is alot easier than trading es. Of course, you need to understand, that only 10% of the people...

1) Go on a diet, and go to a gym. 2) If you are a profitable trader, time to upgrade your clothes and watches. It does not need to be a $ 5,000 watch, I own a nice $ 900 watch that is good enough. 3) Do go to other countries. Right now you are not tied down, and can explore the world and...

Averaging down on a stock can work if that is your plan in the 1st place. For example, say you want to buy a 1,000 shares of ABC. You put in 500 now, if you get a lower price, you put in the other 500 shares. However, the problem is people average down into stocks during a bear market and...

Nobody can win everyday. I was down this month starting out, then made everything back and now am at profit. So that is 4 months in 08, that I am ending in a profit. I think one of your problems is you start trading in after hours. If you don't trade during a winning day, you should not be...

Good, none of you trade my time frames.

Ok, thanks. One of the accounts that I manage is in a big broker's account that does not allow shorting and charges around $ 35 commission. So I think I will need to look for just long stock trades when the market is going up, and then buy one of those negative index funds like the QID when...

I read through this thread, but one question I still have is where do you get your stock ideas? Do you run a stock scan for both bullish or bearish stocks? How is the scan designed? I have been trading stocks using fa for awhile, but maybe using some price action will help me become more...

If you are not profitable and you continue.

His chart was better than the boxes. The chart was easy to understand and the trend lines were well drawn. The problem I have with moving ave, and macd is that that most of these indicators tell you what already happened. However, some indicators may be useful to determine overall longer term...

How do you determine the last pivot. Do you use stockcharts.com which shows these types of charts?

I decided to average out of my position. Still have 300 shares out of the 1,000 in case real good news sends this back to $ 15/sh. I am going long some stocks that I feel have better potential. If it hits $ 2/sh, I may buy another 300 shares. Good luck to those still in it but unless...

I am willing to ride it down to $ 0/sh so worst cash $ 4,000 loss, but if it hits $ 15/sh, then I would make $ 11,000. Hoping for someone to guarantee the loans or a buyout.

"Applying a discount rate of 10% on future cash flows which is growing at 10% yields a PE of 20. This means with no detrimental events, and with a dramatic leveling off of growth rates, FMD is worth about $88 per share. If all of the following adverse events occur: 1) BoA departs (15% hit to...

Well, BDSI has been in a free fall to $ 0/sh for the past few months. However, I don't believe that FDA approval scheduled for Aug has leaked off course I could be wrong. Many small biotech stocks have been blowing up lately. I have a small position in BDSI, which I am willing to lose but...

http://www.youtube.com/watch?v=LiE1VgWdcQM Trend song.