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My edge is the hard-earned knowledge that trading is a primarily a game of statistical probabilities, and that no single trade - no matter how it turns out - should have a strong emotional impact. Being a professional trader means having the ability to stand back and look at results over...

Depending on the level of sophistication of your software (I use InvestorRT), you may find it helpful to create different lists, which each contain stocks representing a sector. You can then run sectors against each other, and likewise with stocks within each sector, to get a good idea of...

A 10 period RawK works for me in helping to pick bottoms. I don't bother with fast or slow D. Example: Look at a 10 day RawK against a daily S&P. You'll see obvious buying opportunities.

So you base your entire trading strategy on the outside chance that a terrorist event just may happen when the market is closed? How lame is that? The market, and the economy, recovered from the destruction of the World Trade Towers in an attack the likes of which we haven't experienced...

Don't you just love these guys giving advice based on their paper trading, or real life experience of all of two months?! If only they knew.

I agree with you. I've been using Bill Linn's software (Investor RT) for three years. IMO, it blows away everything else on the market. I can only imagine that the reason they have not gained a broader following is that while they are great software developers, they suck at marketing, and...

Assuming you are making a list to track for trading, based on some fundamental criteria, the best site is this. Quickly downloads to Excel, and you can then import for backtesting, trading, etc. Look here for "Custom Search". I believe you may need to register and sign in to get to the...

Always good to stand back and look at the bigger picture of how things have developed. I still find it hard to believe that I payed hundreds of dollars to buy a stock when I made my first investment, then waited for delivery of the stock certificate. You segmented trading into "trends" and...

Let's go butthead. I'm still waiting for your contact information. You promised the balance in your trading account for proof of trading performance. Time to put up or shut up. Possibly you think that "you're done", as you said in your last post. But let me be very clear that I'm not...

Still waiting for Watson's contact info. I'm not too proud to pick up an easy 5K. I'll just add it to the 19.5K I nailed this week from buying pullbacks. (You remember, the day everyone here was yelling "The sky is falling, the sky is falling!") How about it Watson? Where are you?

Then PM me with your name, address, phone and e-mail and fax. I will fax you IRS returns from last year showing income only from trading securities, and trading logs up to present time this year. You will then send me $5,357. Is that correct? You're on.

I, and many others, make a good income from trading. But that is between me and the IRS. Your request for an income statement from anyone, trader or otherwise, is immature and stupid.

Yes, confidence is everything. I recommend that you trade small enough so that you can focus on system performance without too much fear of gain or loss on your positions. Run in this mode until you gain more confidence, then slowly size up. If the system performs, you'll have plenty of...

Premarket "sentiment" is never a good indicator of market direction, and a strategy based on trading subjective market "forecasts" is a loser's game. In fact you are better off fading a market open that is strong or weak based on premarket sentiment.

This is excellent advice. Until one knows his strategy, his market and himself in depth - and knows in advance what traps are waiting and how to prepare for them - then one isn't ready to trade for a living. This all takes time, experience, and often a lot of tuition that comes in the form of...

The time to short these stocks was 30 days ago, so you are way behind the curve. Do you suppose that traders/investors have had their heads stuck in the sand? Of course they haven't. The prospect - the certainty - of higher rates is priced into these stocks to a large degree. Greenspan...

These stocks are a dangerous play either way at this point. A rise in interest rates will not kill the housing market. But market sentiment will be down on them short term. So they are all a gamble, and not worthy of a solid bet on either side.

Unless you are dead-ended in your present job or career, there's no reason why you can't keep working and continue to trade. You can put your skills toward swing trading with EOD data while retaining your reliable income. (And you'll probably do better as a trader than sitting in front of a CRT...

You will find that Investor RT is easier to learn and use, and is more flexible and faster than either Tradestation or WealthLab. www.linnsoft.com

Gosh, maybe he does it the old fashioned way? He EARNS it. Like maybe by - hang on here - actually WORKING?