Quote from feb2865:
are you talking to me??or increasenow?
A person posted a Q. When I addressed him I used the word "you".
A person started this thread. The name of that person is the same as the name feb2865.
In my prior post, not this one, when I addressed him I used the word "he".
The above is a common convention in the American language.
So the answer to your present question is yes, I am talking to both feb2865 (he) and increasenow (you).
ET is a little scary at times.
For one person to make six mistakes and another person to ask whats up? is very scary. Its almost surfer, renfiel and thunderdog scary.
Here is an example of how to make money. It is a real example of a real person's results using stochastics.
The basic theme is to buy and hold a stock briefly. During the hold money is made. This money is also used to trade other stocks during the remainder of the year when the funds are free for trading.
Four trades were done. Each was done at a diferent time of the year. That is they each were separated by periods of time.
Each trade lasted three days. This means the funds were tied up for 12 days total out of about 250 trading days of the year.
The profits on the first trade were 30%. The profits on the second trade were 30%. The profits on the third trade were 30%. and the profits on the fourth trade were 30%.
The same stock was used for each of the four trades.
The person trading did not take any money out of the market. She let it ride. This means that the trades were using larger amounts of money as time passed.
If you have a calculator, you can find out how the capital grew. Imagine a person punching in two numbers into her calculator. The numbers are 1.3 and 4. The answer the person reads is 2.89.
This number stands for the final capital she would have compared to the initial capital she began with. Use 100,000 dollars as the beginning capital and figure out how valuable it is to know how to use a system that has stochastics as part of it and the system is well designed and all the parts fit together smoothly and consistently. She does not use stops since she is able to watch the markets personally as she makes money.
She makes about 400% a quarter when she is not competing in sports internationally or travelling internationally or visiting relatives. she is middleaged and has not held a job in recent history (20 years or so).
You, feb2865, should use your calculator to figure out what making money is all about. Then, when you have done that you, feb2865, get off your ass and begin to learn something.
See if this post prompts some questions in your, feb2865, mind. It should.
There are many people who can give you the same answer that the trader in the example uses. Why is that? That is because they have taken the trouble to learn what this person, the trader, knows. Many people,coincidently who knew eqch other did the same trades. Why is this? It is because they share information.
Was this information available to you, feb2865? If you were an ET member in 2006, it was. Was it available to t'dog, to surfer, to about 60,000 other members? Yes it was.
Get out a daily graph of NTRI for 2006 and circle the four trades. note well that the entry was BEFORE an opening gap more than once.
Stochastics works to give entries beore opening gaps is a conclusion you can draw. What is it like to be holding a stock BEFORE it gaps? What is it like to do three day holds that make 30% in the same stock four times a year?
I am pointing out to you, feb2865, and increase now (another ET member) and a few others that there is a lot of money to be made as a trader. When I say "a lot", "a lot" means unbelievable, astonishing and "canny accurate".
"Canny accurate" is a dilettante expression used by a very frequent poster doesn't know shit from Shinola. Shinola is a brand of shoe polish. He thinks he is a lemming or something like a lemming.
