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easyrider.....if it doesn't cramp your style.....what sites do you play on and whats your handle?

P.S. How is that book? Is that his new one?

y and z are usually used to indicate the first 2 half hour trading periods of each day (TPO). These first 2 periods , y & z, are what is known as the initial balance (IB). The reason they use lower case y and z is because they stand out from the rest of the letters and therefore make the IB...

I have to thank this thread for getting me involved with online poker as well. Been playing with "play" money on several different sites to test out the software and am in the process of funding an account. The similarities between poker and trading seem to have made it easier for me to pick...

Any thoughts on how common collusion/cheating between players sitting at the same table is? I've heard of people who have several puters setup and they all play at the same table at the same time, .....quite an edge if you know what cards are in 3 or 4 different hands at a table. My first...

"The so called professionals make a profession out of making trading harder than it really is." It doesn't get much more plain and simple then that!

It doesn't get much more plain and simple then that.

p.s. I hope I spelled everyting ok :p

Thanks for your detailed response.....new to the business....no, not quite, as I said just curious . but I was thinking more in the way of daytrading, not holding positions.

Just out of curiousity, what makes this an "especially difficult market"?

FYI.......Initiative buying, for example, takes place within or above the previous days value area. While responsive buying takes place below the previous day's value area. The opposite, of course, is true for selling activity.