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In the 1930s, economist John Maynard Keynes said: “Markets can stay irrational longer than you can stay solvent."

I had to stop trading with Ninjatrader because their platform slowed down when I had several charts open. There used to be a thread on their forum where dozens of traders complained about this, but NT deleted the thread because it was too threatening to its business. The fact is, NT is coded by...

My experience with NT was disastrous. I'm a daytrader who uses multiple indicators and who likes to mark up his charts (trendlines, fib extensions, etc). January of last year I went live with NT8 and quickly found that their order entry bogs down very very badly when you have multiple monitors...

At the DTUSA meeting this past Saturday we heard a speaker (Bernie Mitchell) who said that he uses tick charts set to 233 and 610 ticks because these numbers are fib numbers. I assume he means that these numbers appear in the fibonacci number series, but I'm not sure how to mathematically derive...

Can anybody tell me about Fastfill for the futures? I heard at a daytraders meeting last Saturday that they have very low execution costs, but their website is not terribly informative. Can anyone enlighten me? Thanks, Tasuki

Simba, to answer your question as well as I'm able, I was a frequent visitor to the KingCambo chatsite when it was free, which was a couple of years ago, but did not continue when they started charging for it. My assessment of it then, which may not be entirely relevant now, was that their calls...

I attended Ken Calhoun's seminar at last year's Expo in Anaheim, and at that time he said he didn't like to teach, was quitting teaching, and was going to go back to trading because he made more money at trading. Wonder why he's still teaching.

Here's a prediction for you: everyone's looking for the "next Enron". Well, there's some evidence (I quote below) to suggest that the next major shock to the markets will come from a financial institution, possible JPM. I'm not not clear on the details, but apparently there is significant risk...

Granville x, just a word of caution on using Tradestation to trade the futures: their platform currently goes over the internet, hence your order has to be translated into html and then back out of html. Think: slow! Their platfom is NOT the same as the TS platform, but rather the very clunky...

Several times in past posts I have quoted John Murphy, the guy who literally wrote the book on technical analysis of the financial markets. I should therefore state that I have no connection whatever with murphymorris.com, but I do find his material very enlighening, especially on intermarket...

General comment: Former SEC chairman Arthur Levitt made it his mission to help create a more "fair and equitable" market for the individual investor, and he made much progress during his tenure, oftentimes against great opposition. I think that his goal should be continued, and so I wonder if it...

I have no affiliation with murphymorris.com, but I will put my money on their analysis of the future direction of the markets. Their email to subscribers today was brilliant, and for the first time since I've been on their site they used Elliott waves as part of their intermarket analysis. In...

Any opinions on using Tradestation for futures? I've been told that their executions are slow because (according to my source) their platform goes through the internet, but I haven't seen the platform myself. Apparently the commissions are fairly reasonable.

Thanks to those who have replied so far. Two on-topic questions: 1) Is it true that the ETFs, such as the holdr BBH, have the same composition as their respective index (for BBH I'd guess it would be $BTK)? 2) I'm sure the composition of the holdrs, spdrs and other ETFs is located on the...

Question for everyone: I've been searching for a site where the composition of stocks in indices is listed. For example, I don't even know all 30 stocks in the Dow. And of course there are different Dow indices (transports, utilities, etc.). What stocks comprise the BBH, or the QQQ, or the SMH...

We've been hearing ad nauseum about the 90% business recently, so I thought I'd add my 2 cents worth. Two points to make: 1) We all know that patterns in the market repeat over time, but we also know that every time we think we've got the market figured out, it throws us a curveball. So why are...

Other threads have mentioned the large decline in gold yesterday, and the sudden support of the US dollar relative to the euro. Several people suggested that there are some major behind-the-scenes financial transactions taking place on the order of scale seen during the 1997 LTCM scandal. I'd...

Hello all, For those of you who subscribe to murphymorris.com, John recently reported that both the housing and financial sectors have dipped under their 200 DMA, and that the prognosis longterm is bearish. With John Murphy behind you, the odds are definitely in your favor if you've a mind to...

Janitor, It's true that most people lose money when they trade the eminis. I'm just getting started now, and the trading system I'm following seems to do a pretty amazing job of picking the turning points in the eminis. It's a damn expensive system ($3,500) but it does seem to work. It's...

Pabst, As you probably know, the price of gold and the US dollar fluctuate inversely. The rise in the dollar may be related to the sharp drop in the $XAU today (monday, 7/22). Since gold has become a safe haven, it's very puzzling to me that the gold index went down during a day in which the...