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chinook great post. Right on the money with accuracy. And the recipe is a keeper too. :)

Make sure you are not just annoyed with the inconvenience versus lost opportunity. No one has a user interface as clean as QCharts.

Now that the position is on and has moved away from the average, we can "look back" and see what happened, and know that it did happen that way because we were in. The historical data becomes our historical data, and there are no "yeah buts"! This chart nicely illustrates the whipsaw and how...

So let's just see how it goes. The position is short at 18.42 from previous and now has a profit of 45 cents, giving an overall profit of 29 cents so far. Remember though, the trade is on the 15 minute chart and any sustained move is just getting underway. A down trendline can be drawn...

Ya just want to reach thru the computer and grab any MM and slap him around a bit!

I'm glad you asked. Yesterday on the reversal short, because of the way the order is handled internally, the PDT rule came into play. The sell order was filled, the short sale was not. The IB acct that I was using for CSCO only has 15K in it.... hence the PDT rule problem. Looking at the...

Well.... let's just say "trade very aggressively" or something like that. :)

.... all you need to know.

CSCO looks to open about 20 cents higher which puts the price over the 200 sma on the 15 min chart. The close of the first 15 minute bar will tell the story for the next trade. Edit: Still short after first bar closed 1 cent above the sma. I blow those off as non-events. At least give me a...

At the same time you say you want to be accountable, you describe quite a lot of discretion in your trading. The saying, "you can't have your cake and eat it too" comes to mind. Being accountable implies a set of rules or guidelines that you follow. As db said, these rules or guidelines...

I took it several years ago. It is very good. Very thorough. Alan has rewritten the course since then so I expect it is even better. I highly recommend his book also, and taking the time to understand the methodology behind the 7 Bells.

I care. It was the alert I used to get some family members out of ACG. Nice call!

Short 100 CSCO 16.50 at 1330 Long 100 CSCO 16.54 at 1345 -.04 Short 100 CSCO 16.42 @ 1415 -.16 Carrying short O/N. No after hours trading.

Thanks FPC. What a great article. It really says a lot. I have no doubt that a mechanical price-crossing-average method as larry measured it will not be a winner. I think there are better candidates than others. Measuring a strategy by measuring an index of 500 stocks doesn't make sense to...

That is a great idea nitro. Thanks! I'll do it.

I thought about journal, but it really isn't about me or my trading. And for the off-color stuff that gets posted, Magna doesn't need one more headache from another journal. Monkey, these will be real trades. we are just talking 100 shares per, which isn't a whole lot of money. Demonstrations...

Using the 200 sma as a mechanical entry and exit, I will put 100 shares of CSCO up for trading the 15 min chart. An alternative exit will be a trendline break. I reserve the right to subjectively intervene at any time. :) But unless obviously necessary, doing so defeats the purpose of...

Good luck FPC!

... and 3 of my 4 shorts are against me today. :)

Look at profit opportunity vs the things mentioned in your post. When the first extreme was taken out, how far did it run by the end of the day, at the close, the first 5 minutes, the first hour? Or what can I say about days following narrow range and/or inside days that open and trade only...