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I have run some backtests and come up with trades lists for 10 setups. My question is is it better to review the trade list based on one contract per trade over multiple years or apply money management and risk management and position sizing parameters right away? My feeling is that money...

Very Well Put Donna....

I agree that MACD and Stoch are good for confirmation but I dont base my trades on thier signals. I use EMA's to guage direction(shorter term EMA, and a return to value(longer term EMA). If the short term ema crosses through the longer term EMA I buy if the EMA returns to the EMA and then...

Someone saying technical analysis does not work is ridiculous. If you do not understand technical analysis and spend the at least year or 2 to fully experiment and find what works for you then yeah I would agree TA can be a hinderance. Trying to use a tool you do not understand or know how to...

Well I am sure glad I stuck to my analysis and shorted the DOW and didnt listen to al the noise on here. Note to all newcomers. If you place a note on here with your analysis and are immediately called an Idiot...Retard..or anyone disses you...Immediately trade your idea!

I looked at that one today..I like the divergence and I like the support. I dont like overall market conditions right now though.

Great thanks for your positive feedback...... So do none of you look at indices before deciding to buy a stock?

All indicies appear to be forming a Head and Shoulders. Dow and S&P are already below 20 on Stochastics and thier H&S are downtrending. the Nasdaq H&S is uptrending and Stochastics are still up. In the last correction it fell the hardest. Last correction saw Stochastics as low at 10 or so...

I am very wary of the 12,750 range. I agree the DOW is ready to continue and in fact I think the close for the week actually sets up a good chance for the DOW to break through the 12750 range, but until that level breaks I will consider this rally suspect. If it does break that level and shows...

Check out the Bearish Divergence with a non confirming Kangaroo tail on the Canadian Stock YamaNA Gold. It made 2 new highs with declining MACD at each high and the highs made a double top with Bearish Divergence. Makes for a no brainer trade....

I use trendlines on every trade. If I draw a support trend line and buy at support I will take that trade to the upper trendline and sell right there. If things go against me and my support trendline is violated I sell as one of the main reasons for buying the stock was based on that support...

I trade part time 2 or 3 days a week....not quite skilled enough just yet to do it full time. hoping another 6 months or so of study will get me there.... Great Western is Good Beer!