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As noted I am willing to switch to multicharts also if I can get a copy of proflogic's file. Thanks, in advance.

Please be advised the trade I made was not based on Proflogic'c method. I was just demo trading with ninja trader using zen fire feed since this is a free program. At this point, I want to see if I can get my charts to look like proflogic's charts. Please note that I went to ninja trader...

Trading in Danger (Kindle Edition) by Elizabeth Moon (Author)

Most people will not be able to trade for the following reasons: 1) Not enough capital: I am sure there may be a few that can start with a $ 5,000 account and make $ millions, but most will just blow it out. 2) Fake education: There are real schools for doctors and lawyers and real...

While some hedge funds actually do employ traders, many of them are run by those with law degrees from Harvard who don't actually have an edge. So they basically leverage into similar strategies as other hedge funds, and when all of them are in the same strategy, they get blown away. Even...

What do you use as your data feed for NinjaTrader?

Looking over some of these charts being posted here, I like to see how price reacts to volume. For example, lets say we have black volume but the price does not go up. This could be that the market is saying that it wants to go down. Next, red volume comes in and price does go down and...

My goal is to figure out how to stop making the same mistakes. And to become profitable enough to be able to trade full time as a career. How to achieve these goals: 1) Promote one of my employees to manager so I don't have to work at my business full time anymore. 2) Trade a small...

I see the rational reason that RMBS is going up in price is that as they get closer to total victory they will not be reliant on the consumer to make money only on the court to enforce it.

Of course the real issue is not how to trade a dragon, but do you really see a dragon, or are your eyes tricking you into seeing something that is not there. Another issue is to realize that patterns only have a probability of being right even if you spot them correctly. This means that...

I will help out a little. I am not able to day trade trade yet due to having a business,. Hopefully, I will also be invited to join the trade room when I am able to trade futures full time. An advanced method is pattern recognition. For example, they will trade the dragon pattern...

I did not take the long trade from the EUR/USD lows since we made a lower low, but looks like it would have been a good trade. I am looking to now get short the EUR/USD as we have been retracing the fall but I don't see how Europe is now any better than the USA.

Well, I guess its time for the stupid question of the day. What are the parameters needed to program the indicator if I wanted to program it myself. Or, is there someone who has a copy of the eld file who wants to post the tool in this forum like they have been posting software for JH's...

So from my understanding you either bought or subscribe to their product. And you then made some changes to settings to develop your own system maybe based on back tested data that they provided you. Now you are future testing your system based on real money? Is this correct so far?

I think they should declare bankruptcy, fire a bunch of union workers, restructure, make changes to the agreement that they have with remaining workers so that the company can be profitable moving forward. All the while keep the pressure on Congress so that they can get $ 25 billion to make...

Action # Symbol Price Date C # Price Date Drawdwn & Risk P/L BTO 140 EUR/USD 1.26418 11/17/08 11:48 STC 140 1.27786 11/19/08 9:37 ($9,677) Extreme $19,152

If you look at the chart of the B shares, in the 1st month of the year 2000, it was 1500, now in 2008 it is still over 3000 so if you bought in Jan of 2000, you would have made over a 100% return by holding for over 5 years. Not too bad.

Tell that to Buffet who made $ billions. Look at MCD, if you bought low, you would still have made money not even including the dividends. Value investing works fine if you are sure the company will continue to have long term value. The problem with investing in some companies that they are...

Not to be too negative, but really you should look to get a career 1st or start a business and trade later when you have enough capital. You can invest/trade in stocks over a long time frame while you are working. Right now we are in a bear market, but many like Buffet are seeing great...

Anyone who followed Buffet into that trade, lost 50% of their money. But did Buffet actually make a bad trade. Remember, GS is giving Buffet a 10% return on his investment. Assuming in 10 years time, GS goes back up to the price that he originally invested his money, Buffet will still...