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You probably already know this Alpha, but www.MrExcel.com is a free site loaded with archived answers to questions and an active forum for questions. There are MrExcel reps there answering stuff. It is an excellent site imo. :)

Thanks J-law. I really can relate to your points. A somewhat ongoing discussion on ET is the importance of entry v exits. I am in the exits are the most important camp and deciding the method of exit, when to take profits, etc is tough I think. A stop loss exit for me is simple. But the...

Never judge the quality of your ideas and thoughts by the lack of response or the nature of the responses you receive. :)

Ouch another version of the double whammy! I have heard it purported often that the time to start a system is when it is in a losing streak. Still along the same thought however, on the 7 losers, do you have to take a big loss with each one? Or could you employ what I mentioned in my...

David1, Eldredge, and vhehn, I support your posts on this thread. I listen to sportstalk radio in my car. It is an ESPN affiliate. The broadcaster in the late afternoon is pretty good with sports knowledge, and I would enjoy having my young son listen also. I believe in the positive benefits...

When I was much younger I remember my dad saying, "Boy if you'd a bought Xerox at 10 you sure would be sittin' pretty now." Well look at Xerox now. You just never know the path an upstart might take. :)

I think NXTL is going to 3 1/2. :)

I thought the mini Dow was hurting for biz, thus the decrease in commission by the CBOT et al. :)

When it comes to big drawdowns I don't get it. Unless you place a trade and then go to Africa for a 6 month safari and have no way to check your trades, why suffer a big drawdown? Of course I am presuming that the drawdown comes from a few large losers since the thread is based on...

Using common indicators in common ways can be considered as entering at critical levels in my opinion. This idea certainly falls in the "indicators are self-fulfilling" camp, but I don't care as long as they work. An entry executed when price crosses an ma, when stochastics cross, when macd's...

Occasionally I think of asking Bill Gates if I could have $1,000,000. I figure he's a high roller, he should be able to spare it. What the heck! Or maybe he would let me use $5,000,000 for 12 months with no interest charges. I promise I'll put the money in US Treasuries and give it back...

Unfortunately, it's "the one that got away" that you keep thinking about. Which drives you more crazy, taking a small profit AFTER having a bigger profit, or taking a small profit only to watch the trade go on to be a big profit? For this very reason, I usually employ a two step exit. I...

Essentially that is the idea behind "start with a penny and double it each day" concept. In a very, very short time you hve a lot of money. The problem is not doubling during the first days, it is doubling during the latter days. You probabably have in your possession the money it takes to...

Nice work margo_trader. Very nice work. :)

I like the model. I have a lot of experience with the CANSLIM method which works well also and clearly is similar. The one phrase you used which I question is "in a bull market"... Has this method continued to produce nice winners? I would think that it would because of the attractive...

Thanks for your example Jolly. I recognize my question grossly oversimplifies the concept of multiples. Good luck today. :)

I enter near the close of the day of the signal. The signal I use is very common, and there are plenty of times on the folllowing day there is a gap in the direction of the trade. Of course, there are plenty of times that there is some overlap the following day also. The only entry caveat I use...

daniel I think you are right about muliples. And yes you are right again about the ma cross. That is where I got in short on both. As you see, neither of those two ever looked back. So many name stocks were tanking in the spring but these two just kept going up. Their P/E's were way too high...

LOL Dr Z. :D :D :D

Do you remember that? That was hilarious! inandlong Worthless Member oh yeah, I was the envy! :D