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All you need is an EMA. Look at intraday price action in relation to a daily EMA, and place your bets.

And as I posted earlier, making money trading straddles is anything but "simple".

It is very unlikely that a major deflation in housing prices will occur on a national basis. It has never happened in my lifetime. It can sometimes happen in small regions, because housing prices usually reflect regional circumstances. But not to the extent that it would impact national...

I've had 10,000 INAP since .49. It is way out of my trading category, but I have friends who are with the company. It is just now getting wider recognition, and should soon be profitable and trading higher.

To a newbie, options often seem to have some intrinsic value to themselves, if nothing more than the challenge of putting them in place and making a few bucks. But remember that they are nothing more than derivative of the underyling stock, no matter how attractive on PAPER some strategies may...

The odds of you making money consistently on straddles are extremely small. Your underlying must make a significant move to overcome transaction and decay costs and provide a profit that is worth the risk. Further, your example points to maximum excursions away from your entry prices. But...

A "simple strategy"? I think not! You've created a complex deal with high costs and no small risk for what? To gain a point or two? And there are many "wishes" and "hopes" in your description, which may or may not come to pass. You have to hit multiple targets, and you have to hit them at...

I was surprised to see that 50% of respondents have been losing money. Sorry to say, but if a trader has been going long this market the past 12 months and has failed to make money, then he or she needs to SERIOUSLY consider a new line of work. It doesn't get any better than this...

Institutional traders would not want to make that information available to anyone, much less the general public.

Amen to that. That's pet peeve #1. Following are: #2: Newbies who ask questions, receive excellent advice, and never respond, or fail to respond with so much as a thanks. #3: Newbies and others who PM asking for advice, receive it, then never respond. #4: Traders who continue to...

If you have a good comprehension of why and how it works, you should be able to judge yourself how it will perform in various market conditions. On the other hand, if you don't have that understanding, then I wouldn't ever count on continuing gains. It is all a matter of understanding...

There is no way to provide an estimate, because there are so many different approaches to the market. And many good systems can be tweaked indefinitely, while still retaining basic characteristics. For example, a system that requires a certain amount of volatility to do well, as many do, can...

Drug stocks are the only sector I will not trade. Between the FDA, the FTC , the SEC and congress, there are far too many pitfalls in trading the drugs.

If you can't find such a site, then start one. Probably a good business opportunity! I suspect many traders would like to know what doesn't work before putting their attention on it, or a similar approach.

But what is the QUALITY of those signals when you are dealing with noise? Is it possible that a longer timeframe, while generating fewer signals, will provide overall greater profits? IMHO, improvements in a traders attitude and psychology - which you seem to be focusing on quite often -...

Awash, have you ever considered pulling back to a longer timeframe? In looking through some of your trades, it seems that you feel comfortable with your entries, and have a good degree of confidence, but you are getting thrashed about in the chop during the trade. Look at a five minute...

If you do not file for Mark to Market, you can deduct 3,000 this year, and each year for the next four years, as a capital loss carryover. 3,000 is the max you can deduct for each year, no matter what your total losses.

I assume here that you're taking about covered calls, and not naked. The idea of covering a current stock holding with a short call is interesting with the S&P at such a high level. It might have some merit.

I wish you luck with your trade. However, for the sake of discussion: (1) I question betting on the short side on a major financial in this present market environment. Nov-Jan is, on average, the strongest period of the year, and we are experiencing an extremely strong bull run. (2) JPM...

That's a good response and supports my thinking. Thanks. I'm still not set on front or farther month though. Nearer term will of course give a bigger bang for the buck, but higher transaction costs and faster decay. But farther out doesn't provide as much downside protection. Not a...