Quote from baggerlord:
If you want to see how I traded today check out my post in the thread on daytrading ranges. I can't really post a system because at the moment I don't have one, I just bought near support and sold near resistance. Really the only guidlines I have to offer at this point are 1. Make sure it is a nontrending day by looking at the net price movement of the day and 2. Keep an eye on volume. It provides valuable clues. 3. Of course, STOPS, STOPS, STOPS. I can't wait to try trading like this more but I am moving to CA tomorrow and won't be trading for at least a week, so I will start posting again then. Good trading in the meantime.
Add: I guess it is a good thing I am away for a while. I can think on that LONG ASS DRIVE on how much of today was luck, and how much skill. If it was skill then I am a rich little piggy, and if it was luck, then at least I picked up some gas money.
Quote from WarEagle:
If you want the rules changed, let Baron know instead. Otherwise you are just killing the messenger.
Quote from Walther:
Just a quick summary . I asked JR about his method w/l ratio and how many trades it generated, he insulted me and I fought back.
His groupies joined in and all hell broke loose.
What I find interesting that NOBODY even tried to dispute my claims about JR's method not being profitable and prove me wrong . Reason is that I was right about this method . Funny thing is that none JR groupies, who bloodied themselves eagerly to earn his contempt , has idea about validity of this method.
I WILL FIGHT NO MORE, FOREVER.
WALTER
unless you insult me....
Quote from dbphoenix:
The rules in and of themselves are not the problem. The problem to a larger extent has to do with the wide variability that occurs in application depending on the individual moderator, plus the wide latitude given to certain members that is not extended to other members who are not as favored.
I doubt that anyone benefitting from the thread would go so far as to complain about the language to a moderator. And even if he did, nobody's forcing him to read it. As for those who weren't following the thread, who cares?
Members rip into each other all the time and the moderators do nothing. So let's not get into a big moral how-do-you-do about the rules.
Quote from WarEagle:
Do things slip through? Yes. Are we perfect? No. If you want the rules changed, let Baron know instead.