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It's already in the TradeStation platform - called FloorTraderPivots in the indicator library.

I consistently make $500-$1000 per day. But I use a significantly larger margin than $5,000 i.e. at least $2500 per lot to do it. I could trade with $5,000 but making $200 per day doesn't cut it. I don't understand how you can make a "living" on $5,000. What kind of stoploss are you...

McClellan is a party to the Bush disaster. You can't have your office in the same building as the Oval Office and not know what's going on. 4000 Americans dead, thousands coming home disabled, a country torn apart from end to end and millions of Iraqis killed or displaced. Waiting to get his...

Letter to President Bush. President Bush, Former CIA officer, Gary Bernsten, who led the CIA in Afghanistan to locate bin Laden, claims in his 2005 book "Jawbreaker" that they had pinpointed the location of bin Laden. According to Bernsten, al Qaeda detainees later confirmed that bin...

Nice post. Time in the market i.e. exposure is extremely important to me - that's why I prefer to scalp than to sit staring at the screen for hours waiting for a trade to develop. About risk/reward, I've found it difficult to maintain a 1:1. I compensate by having a high win/loss ratio...

pshin, I define my scalping technique as the least time in the market to make a consistent profit. Although the setup occurs throughout the day, I have found that the first 2 hours has the highest rate of return for me - and I prefer to bank the profit rather than giving it back in the...

I'm a scalper as well. Was trading the ER2 but wondering if volume is decreasing now that it will be trading on ICE. Switched to the ES a few months ago. I generally trade the first 2 hrs of the session. I am using a semi-automated system which I developed originally for the ER2. I use...

That's very interesting about Millard - can you suggest a book or some articles? jmns, perhaps posting a few charts for comparison would be helpful. I just don't see the usefulness of putting additional lag into an already lagging indicator - what information do you derive from that method...

The lag is in the bar itself. The indicator cannot calculate a number until it is reported in real time. I don't see how any displacement can compensate for lag. Price at any moment in time is the only true criteria. I don't see where either one of their formulas would make a substantive...

Amen to that. There's no lid on government spending. Congress is the one who needs controls, not individuals and corporations. They've got money for bridges to nowhere, wars without end and any piece of crap a senator or congressman proposes. The Fed can print money in the basement of the...

Can you trade futures with Bright or only stocks? I've been on the futures end for years and have good setups, including automated systems, but would like more leverage. Any thoughts? Thanks

That's a sucker trade if I ever saw one! You might be trading against this position (Nah!, you wouldn't do that)

Am not familiar with John Carter, but took a look at his website after reading this thread. All those indicators are available on the TradeStation forum for free under different names. I guess because they're not copyright indicators, he could pick them up and sell them as his own. I...

You don't need to be a rocket scientist to know who set off the explosives with a remote device. :D

Jihadi Kids

The Iraqi Army reportedly found the head of one of the girls - that's how they identified her as having Down's syndrome - the facial features are fairly obvious. Of course, there will be those who deny and don't believe the report - but they would deny the facts even if they had the head in...

If you had traded this automated strategy starting on November 1, 2007, account size $50,000, you could have earned the following as of today after commission and slippage: Period Net Profit % Gain Profit Factor # Trades %Profitable 1/1/2008 $399,844.00 3.15% 3.86 6 83.33%...

This is like Vietnam - a no win situation because the war is being run from the White House by incompetents. I think Bush finally got the message that he better defer to the military generals rather than the suit and tie guys. It's never too late to win. But it is too late to retreat.

Very astute post. Exactly to the point - do whatever it takes to get the job done.