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  1. stevegee58

    why scale out

    Pointing to one example doesn't prove anything. The point of scaling out is that over many trades you'll smooth out your equity curve and it allows you to let the occasional big winner run.
  2. stevegee58

    Traders who still live with their mother.

    Be careful not to fall into the trap of arrogance, young man. A good dose of humility will keep you from boomeranging back to momma's house.
  3. stevegee58

    Traders who still live with their mother.

    Oh, you bad person you! Think of your poor, poor mother, staring out the window waiting for her little Lucrum to come home.
  4. stevegee58

    Traders who still live with their mother.

    Only if you're still collecting her Social Security check. :cool:
  5. stevegee58

    Stock screener anyone?

    Whoa, how'd I miss this? It's outstanding. The free EOD scanning capabilities are really powerful.
  6. stevegee58

    depression next year

    Obesity doesn't just apply to the human body. Look at where housing prices went. We need a good depression to get people out of the mind set that the gubment is gonna get things back where they were. The way things were sucked. Attitudes need to be adjusted.
  7. stevegee58

    REFI Rate of 4.875%

    I was thinking the same thing. We're more than half-way through a 15 year. Thing is, most of the payment is principle at this point I think.
  8. stevegee58

    Baltimore-Washington DC Traders

    We are way out in Frederick!
  9. stevegee58

    Learning to read Price Action with P&F Charting

    A dentist from the UK, eh? You wouldn't happen to be Lemming of the BDA would you? :cool:
  10. stevegee58

    IB Time and sales screen

    Why are you even looking at that data. It's not real T&S anyway. It's just used to form OHLC bars.
  11. stevegee58

    IB: "...terminate our relationship with you..."

    They do that sort of thing now in reaction to a margin call situation. They'd probably give you the chance to close your positions as best you can and then just liquidate and cut a check when you run out of time.
  12. stevegee58

    IB: "...terminate our relationship with you..."

    Some guy on the Oanda message boards got the boot for talking smack about that broker. His account was closed and his money was returned (without his asking). He was very loudly raising concerns about Oanda's financial health and starting to cause a panic. The finally pulled the plug on him...
  13. stevegee58

    I'd rather make 20% Auto trading than

    Automated systems are usually derived from human observations of price action, etc that are hand tradable. Edges come and go so your automated system that works today may not work next year. I'd argue you need to keep your hand in so you can come up with new automatable systems when your...
  14. stevegee58

    best remove desktop program?

    tightvnc.com not to sound like a broken record but "it's free and it works" we use it at w.o.r.k. and I can even remote login to a macbook from a winderz machine.
  15. stevegee58

    ok, so what FX brokers DON'T suck

    He must be with Oanda.
  16. stevegee58

    Day traders explain this to me

    Many day traders go into any given day with a bias. That bias is derived from the longer time frame price action. One approach is to look at the weeklies and determine an uptrend/downtred. Then each day, you start out with a bias in that direction. The trend is your friend and all that...
  17. stevegee58

    Stock screener anyone?

    stockcharts.com has a pretty good scanner, but you have to pay about $25/month. you get a lot more than the scanner for your $25. i subscribe to this. I've been using finviz.com quite a bit lately also. it's very capable and f.r.e.e.
  18. stevegee58

    Socialized Medicine, Pensions Coming Soon To The USA

    Someone help me out here. We're running mind-boggling deficits now, *without* these socialist programs. This could easily double our deficit spending. It's impossible.
  19. stevegee58

    Should I become a pirate...things seem so much simpler for them...

    Whenever I see a pretty girl I say, "Har!" Does that make me a pirate?:cool:
  20. stevegee58

    GabbyJay's Forex Answer: How to Trade 9/10 Correct

    A 35 minute chart?
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