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Entry: predict Function: verb Definition: forecast Synonyms: adumbrate, anticipate, augur, be afraid, call, call it, conclude, conjecture, croak, crystal ball, divine, dope, dope out, envision, figure, figure out, forebode, forecast, foresee, forespeak, foretell, gather, guess...

LOL.... your whole post was funny qwik", but this was particularly so.

The evolution of this site has been shaped in part by the PDT rule and the Nasdaq "bubble" bursting. Baron's original intent for Elite Trader was to provide a forum for daytraders. At the time of its inception, Nas, level II, and lifting offers, and scalping the spread ruled the day. Stocks...

The only reason I daytrade anymore is by accident, ie., the stoploss gets hit the same day the trade goes on. Although rarely spoken of anymore, diversification is key, as well as risk management. There should never be a risk that one position will be the demise of your trading life if it...

Naaaah, the thread was closed for the reason quoted in the last post of that thread.

There are a lot of rule number 1's, and the first sentence above is one of them. Grob... sorry to hear of your friend's passing.

vegasoul I see your point and probably the difference in our view is the timeframe we are trading. I know I said I was not going to respond, but only fools and dead people don't change their minds. The whipsaw is a short term event... in the long run. And it is the one caveat most often...

Thanks WarEagle, I was just sending you a PM about that. Glad I checked first. I really think it might be the unfiltered data his charts show that get factored into the formula that makes the difference. Although, that ADX line is nowhere near what I have. At least, like you, the DMI's are very...

Any chance of getting this question answered? Thanks.

You are always so ready to set up a fight that it blinds you to reality. You have so much to learn youngster. Ignoring a method or rule is not the same as going against a rule. As you said, going against is fading the rule. So right off your post is on the wrong side and you are just getting...

I have the same chart up as posted yesterday, exactly the same size, and the number of bars on the page. One thing is different, the ticks that are filtered as bad ticks on my data, QCharts, makes a number of the bars I have appear different than the posted chart. Given the variables used in...

Okay, more specifically to trading rules, the majority - which I will presume means the 70% of the money that actually drives the market - wants to be long when a stock breaks above the 200 day sma, and out or short below it. The quote above would have you believe that the right thing to do...

Are we really getting worked up over a thread that hasn't had a new post for 4 months?

It looks like it was moved to Chit Chat. And i think the only one who has that capability in the Announcements forum is Baron.

I like you GG. You know that. But I disagree with your politics as they apply to Elite Trader, as I know you disagree with mine. That has not interfered with our maintaining a relationship where I think we consider ourselves friends. If the purpose of the Chit Chat Forum were changed to...

LOL! Sorry Mec'. I didn't mean to be a stock in the mud. I know you guys live for participation and follow-thru, and except for the odd day like yesterday, it has been dull. :)

Nice work.

:eek: Hopefully that is not what you are banking on for success. And hopefully the senior guys at your firm are not pumping you full of that stuff to keep you motivated.

That's just it.... when you watch a popularly followed average, you have a definite number by which to be long or short. No guesswork, no "-ish". When the price of an instrument that fluctuates well above and below a mean is at the mean.... you have an edge.

That's kind of a broad question, maybe you could narrow it down a bit. For example, NYSE stocks, SP500, SP100, Nasdaq, N100, stocks with wide ranges, stocks with low volume, midcaps, small caps. :)