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So true. The flame kiddies dominate and there are very few traders left here. Many of the posts are of the "You won't believe this......" type just designed to get people to click on them and record a hit. The gold nuggets are now so thin it is uneconomical to mine them.

Somebody posted on these boards that trading profitably and trading for a living are not the same thing. He was spot on.

As far as most institutions go you would have more credibility if you slaughtered a goat in their conference room than you would by talking technical analysis.

Problem is you can't buy some things that are not made in China. I gave up looking for non Chinese computer parts ages ago. Just bought two fans, and of course one didn't work. The one that does will fail within a year.

Agree. Far more important than fundamentals or technicals or backtested systems is whether or not you are feeling lucky.

The more cynical might suggest that it is just a way of selling books. Seems to have been put together by a group of vendors and authors whose books seem to comprise the course material. Do employers like IB's and HF's place any value on it? Doubt it. I read price action as my primary...

"I got fooled by looking at charts and not realizing how much price would dither around inside the bar." The reality of futures.

Seconded.

Nah, too good for them. Better a quick show trial and then off to the football stadium.

About time all these economists got their jobs outsourced then they can live on the low wages they advocate as economically healthy for all but tenured academics and Govt think tank parasites. clueless, useless tossers the lot of them. I would love to see their faces when they are told their job...

Fabulous. That means more opportunities for us. Once again IB sticks its neck out and dares to differ.

Great Idea Nana. To loosely qoute a very successful trader (Sheldon Whateverhisnameis) " almost everything you read in those [trading] books is wrong" - and it is IMHO. At best the same rubbish plagarised by a non trader from some other non traders plagarised rubbish, at worst I...

Aw c'mon, they rescinded the law forbidding transmission of orders via those new fangled telephones.

I trade price and volume action that indicates manipulation. It is basically reading price action. There are classic chart patterns that I look for in this context, but I am reading what is going on that causes that price/volume action or pattern. I regard classic patterns in large cap...

Metastock Quotecenter carries RT Shanghai and Shenzen stocks (and presumably indices as well). $135 + $30RT SS + $15 RT SZ

In adition to driver issues, 64 bit dll's and 32 bit dll's are incompatible. Whether or not this causes a conflict if you have 2 different programs using /installing the same dll but one in 32 and and one in 64 bit would be interesting to know about in advance.

I prefer the uncorrelated good old days when the local traders didn't even know where America was.

It was a the Gann date on 6 June, previous one was 21 May.

The mathematics of shorting small caps are appalling - the kind of R:R that you would ignore with a long. They can easily spike up 20% on MM games and 40% is a realistic optimistic target with 100% the maximum. I don't look at longs with that kind of R:R.

yep, that consolidation halfway up will not look like the consolidation that marks the halway point when there are another 7 that follow. Seriously though, it seems that most of the urban population have opened accounts now, so allowing for the fact that these things go on much longer than...