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Don't chase price. If you've missed the entry, let it go and take a walk.

I do have to give him a lot of credit for once being banned from this site a few years back, then returning. Quite an accomplishment. If he is of a mind to satisfy my curiosity, I'd love to hear the tale. Tell us DB, what did you do to get your ass kicked off E.T.?

I've been burned by UWTI in the past, and can confirm that it is NOT a good instrument for trading oil. Intraday gaps can kill you, as the index is comprised of derivatives that are rebalanced each night. It would be a great tool if in fact it did closely align itself to crude or the...

That's a ridiculous statement. What a short memory you have.

My use of TR as a real-time filter is to alert me to the fact that sometimes the best decision is just to watch from the sidelines and not get chopped up in craziness. I like to compare recent TR to a moving average of TR for the past 5 days. If it gets way out of line, I just sit and watch...

The problem is that looking at recent volatility is looking into the past. And past volatility is, in my experience, not a great prognosticator for trading a specific instrument. In fact, some might say that counter-trading volatility is as valid as trading it. If you're looking to measure...

Well, if you double check your orders...and still feel you need a sound alarm to protect you from errors...then possibly you may want to have your vision checked?

Set up your preferences so that you are forced to confirm the order before it is transmitted. This has saved me from many errors. And take your time creating an order. Rushing into it is the biggest contributor to mistakes.

What data sources can the software access?

When trading ANY instrument in ANY market: 1. Don't ever create a leveraged position that can kill you in a worst-case-scenario. 2. Identify the worst that can happen, and be prepared for it. Because in a long trading career it WILL happen. 3. If you can't stand the heat, get out of the...

+1

Don't expect to receive guidance on your expectations for profit or loss on any trading system or investment, from anyone. Especially here. There are hundreds of variables that can impact performance - many of which will never be under your control - and not a single trader can project their...

Trying to define a trend is much like trying to define pornography. You know it when you see it.

It isn't "earned income", so doesn't impact your SS. (That is, unless you are trading via a corporate entity and paying yourself a salary.)

You should get paid for owning equities and taking on market risk. Assuming you are looking for long-term holdings, look at big-cap, dividend paying stocks and reinvest the dividends. That will help smooth your ups and downs over time. Mutual funds are the last place you should be. Why...

Yes, they are great short-term instruments. (I love TNA). But not for holding with any expectation that they will perfectly track 3X an index.

+1 Anchors away

There is a simple solution that has worked for my wife and I when we're going into town. Just drop by a wig shop and pick up something cheap. Slip it on when you're going out, and nobody will suspect you're a hetero couple. You can safely hold hands and fondle each other all you want...

In light of Apple CEO Tim Cook's announcement that he is gay, I feel empowered to announce my sexual orientation to my family, friends and colleagues. It is time for me to come out of the garage and admit to you that I am, and always have been, a heterosexual. I pray that my public admission...

A Houston Chateau Asks $43 Million The house is home to Wilbur "Ed" Bosarge, Jr., a co-founder of Quantlab Financial http://online.wsj.com/articles/a-houston-chateau-asks-43-million-1411671325