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I respect you, Anaconda, as someone who posted quite a bit on ET. "Wrong" is a strong word. I said "most likely". Because what you said maybe right if you don't factor in *your time*. Time to hunt for bargains. Time to wait for them to come on sale. Time to get your part A from here and...

Very annoying spam. Mercedes Thomas Popped all over the forums. http://www.elitetrader.com/vb/showthread.php?s=&postid=2840368#post2840368

Is this a typo? How can you have a fractional pip? Isn't by definition a PIP is the minimum movement of an instrument?

Good luck finishing the book. I bought a copy. I so far couldn't pass page 15 or so. Sitting on my bookshelf now. Maybe one day. For one thing... I really don't rely much on reading bar by bar. If you read the daily bars, that's okay. But I use 42-tick charts to trade! When FAS runs...

Personally, I don't think there is anything wrong with using indicators. I use all kinds of indicators. I just think one needs to know when to use the indicators and when to ignore them. :) I think some of those who bash using indicators may not know how to use them correctly. Their big...

Glad to see you posting Matcha. Not sure what time your #3 was. It was a iffy trade on the long side. Started at 11:00 am (I am on the west coast too), I saw that market looked like it was beginning to sell off (after yesterday and Tuesday's run up). The earlier low was just a speed bump...

I have a couple of HP/Compaq SR5610F. They have 3 x PCI slots. Hmmm.... still available on EBay. US $370 refurbished http://cgi.ebay.com/Compaq-SR5610F-AthlonX2-2gb-DDRII-320gb-HDD-/320520858524?cmd=ViewItem&pt=Desktop_PCs&hash=item4aa0882b9c A little old and slow but works okay if...

Unfortunately your own PC (the client side) is only half of the equation. Your trading platform/data-feed provider's availability and performance in fast market conditions is the other half. I use TradeStation and I run my charts on an Intel i7-930 box (a reasonably fast computer). Last...

Thanks to Bill Gates... Quote: Microsoft deliberately limits Windows Vista Home Premium 32-bit to only 'see' 2GB RAM per 32-bit process or 4GB total. Un-quote http://www.elitetrader.com/vb/showthread.php?s=&threadid=195089 I bought 12GB memory for my new box but the Vista 32-bit...

You can easily get by with a $500 desktop. Processor is probably Core2 Duo (C2D). Or Intel i3 series. (Not sure about the equivalent processor class in the AMD family.) 3GB RAM. Driving 6 monitors is not much of an issue. I did that with my box with a AMD Athlon 64 X2 6400+ chip for 3...

ND: I traded that morning, and the whole day, and made out pretty well. No my balls are not of steel the last time I checked. ;) I happened to be vacationing in Seaside, Oregon. When the Dow crashed 500 points+ that Monday, I happened to have closed up shop early and went to learn about...

I agree with ~~~. Thursday was a great day for traders. I had my best day in 2010. Such extreme volatility is rare. I watched as ES futures plunged down to -100 from -50 in a matter of minutes... never happened before my eyes before). If you have lived through one, it might just help you...

At that moment all bids/asks on Level 2 were invalid. They were far from the time&sales prints. I went by the prints... which fluctuated between 204.xx and 202.xx, up and down by a dollar in every tick. I entered my limit-price orders just to see what happens. I remember a day like this...

Thanks! Yeah that was a good read.

Thanks for all your kind words. My broker's communication came. My AAPL trade stands. That has been the quickest profit I have ever made. Yes it could have dropped another 10, 20, 30 dollars. I can stand the damage if it comes to that. But my past experiences told me that most of the...

Today $TRIN reached 5.0 - corresponding to the morning sell off at around 10:30 am EDT. $TRIN above 3.0 is considered very bearish and is rare. Even at yesterday's sell off $TRIN was only 3.0. I don't recall seeing $TRIN being 5.0 though I may have missed some. For those of you who may...

I think that in that book, what the author described other people saying "fade".... means to go away. So, it's to trade it or not trade it. Anyway... the psychological question was: should I take the risk. Risk... but potential big reward... And the window of opportunity opens up only by...

Will it be up or down tomorrow, I don't know. But I think it is highly unlikely that it will be in the -100 to +100 range. With today's volatility, Dow can easily go up 300+ or down 300- tomorrow.

How did they create that image? Very interesting looking indeed!

I remember reading a book where the author recalled some moments when he was first on the futures trading floor, other seasoned traders around him shouted at him at times of volatile markets: HEY KID! Trade or fade? TRADE OR FADE????? The ability to stay collected and evaluate the...