Search results

Not gurus to me but people I respect and have learned a thing or two from: Stanley Kroll Ed Seykota Jesse Livermore Dan Zanger Andre Kostolany They all have in common: To make big money one needs a big market move.

Boy oh boy. Kindly consider that it is thanks to science, which all to often gets vilified, that that computer used to post the ideas exists and is powered. Science is right before your noses. Applying the scientific method to subjects like astrology is not an attack but serves to...

Interesting thread. Always happy to examine new or different approaches to speculation. Forgot where I read this but it went something like this: The moon exerts force on water. People move markets and consist to 80% of water. That is a lot of water. :) Certainly not a satisfying...

I came to the conclusion that even if I foresee a move correctly it is impossible for me to foresee how exactly the move will unfold. This was a most crucial understanding for me. It pointed me towards my present solution and simplified things for me very much. It is always a work in progress...

In classical TA you have accumulation-markup-distribution-markdown. I believe it comes from Wyckoff but am not sure. The sequence may also extend like accumulation-markup-reaccumulation-markup etc. So the thing is to determine what the sideways movements after trending phases are. Is a...

In my opinion in principle entering on pullbacks but not on breakouts assures that one gets every losing trade of one's method because every losing trade pulls back by definition and one misses the winners that don't pull back. Entering on pullbacks has its place such as in automatic...

The inflation adjusted earnings chart looks scary. However, stocks aren't quoted in inflation adjusted terms. I'd imagine many stock charts would look similar when adjusted for inflation.

Amibroker can collect data from Yahoo and has a scanner. There are free scanners on the web - Yahoo, finviz.com, moneycentral.msn.com and others.

Full time since about 20 years. Hugely lucky at start then lean years with lessons and pain then systems-based breakthrough, now mix of approaches and instruments, moving from mechanical to discretionary. I never traded for a living but for a fortune. This point I personally find important. I...

To me it seems price finding is a mix of available money, psychology and supply and demand fundamentals. Available money looks like the dominant factor at this time. When money is tight prices have a hard timet rising and when money is needed badly prices fall be other fundamentals what they...

Thank you. TWS finds NYSE advance decline but I don't get any data for it, neither in TWS nor in Amibroker. Amex and Nasdaq A/D also don't work. I get data for the Tick index. Do you get A/D data from IB?

I'm trying to find out IB's symbol for the NYSE Advance/Decline line to chart it with Amibroker. Tried AD-NYSE-INDEX, AD-NYSE-IND without success. Would be glad if someone could let me know the symbol.

IMO, "the trend" doesn't exist as an absolute. Whether you have a trend or not depends on how you define and measure trend. It depends on timeframe under study and sensitivity of the trend following method. Maybe determining what you are after is a good starting point.

I'd actually bet on price inflation but not before uptrends in commodities have established themselves. Inflationary measures by governments and related bodies don't come unexpected. In democracies populist policies are common. Also, people in charge will act just to justify their positions and...

Looks like there is a bubble building in cash. The same amount of cash now buys a lot more oil, metals, real estate, shares and so on. Just look at charts upside down to see the building cash bubble. :eek:

Thanks. Will take a look. I try to find out if banks without the so-called toxic assets got clobbered with the rest or if they held up better.

Interesting thread. Know of any banks without toxic assets?

Taking too small positions. Exiting too early, both in profit and loss.

Great forum on systems: www.tradingblox.com/forum/ "Trading systems and methods" by Perry Kaufman. Have yet to read "Way of the turtle" by Curtis Faith, many rave about it. Michael Covel is a controversial author but he does explain trend following. "Winner take all" by William Gallacher...

Referring to my earlier posts I should add that I am a longer-term position trader and my comments were made from that perspective. In day trading breakeven stops may very well be useful, can't say.