Mike: Sounds ideal. Will the demo work realtime (is it live) for the 3 days? I know there will be no orders placed (except maybe in...
Mike: I'll try to take advantage of what sounds like a good suggestion. BTW, do I need to subscribe for the month to download the...
Mike: I appreciate the feedback. I am familiar with those sites and Tony Oz's books (which covers the scans of interest). However, at...
I'm thinking of subscribing to RealTick for both HotTrend and the Oz scanners. Can anyone provide feedback on their experience with either?...
TigerO: Guts comes with experience and confidence. Personally, I prefer to locate strong trending stocks to improve the selection process (if...
And I agree with KISS. BTW, a test was conducted several years (or more) ago in which stocks were randomly picked to test the value of Position...
Lightningsmurf: There are two points that I emphasize (it's ok if you disagree) when discussing Stock Selection and Mechanical Systems... 1)...
Vulture: Try Cybertrader.com. You can download their simulator (the Pro version) and it plays back real data (even on weekends). It's pretty...
Vulture: That's my point. I don't think mechanical systems should be used for signaling entry points. In fact, I don't think entry points are...
Vulture: Here your discussing technique, which is uniquely personal and is guided by what appears to work best for you. Don't misunderstand...
Vulture, et al: I agree that most successful traders (survivors) are discretionary; and it would certainly be difficult to program all aspects...
Vulture: I'm with you on this. It is much more worthwhile to understand and learn the techniques of the 'survivor'. Scaling into a trade is...
TraderKay: IMO, successful professional traders have already internalized the position management rules, and therefore do not need a mechanical...
Put another way... Without a strategy (or game plan), the chances of being profitable are slim.
This is an interesting subject that involves two opposing view points. However, I like to think that there is a blend that could be achieved....
Well NewTrader1, what was your experience?
Praetorian, RTharp, Hitman: I've skimmed a good portion of the two threads 'Great New Pattern' (GNP) and I find it appealing for a number of...
Praetorian, I don't recall mentioning limited funds as an issue (it is not). If IBM is prone to bad fills, then I'll remove it from the list; it...
Praetorian, rtharp: I've adjusted the list to include the last post (and added IBM). Praetorian, the others on the list were based on your...
Praetorian, Hitman, et al: Thanks for the posts; much appreciated. OK. So we've narrowed the list of NYSE stocks to the following nine......
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