Not if you relate current price (high,low,open or close) to indicators. That's the key. People often get into difficulty when they try to use...
I swing trade an extremely profitable system based solely on daily MAs and intraday price levels. So I believe it is a generalization to say that...
If you bought the lower priced upgrade version of XP, then you will have problems because you are still dealing with the DOS-evolved ME. I got...
Assuming that you are long in the trade, my experience and all my backtesting indicate that you should at least wait until the end of the bar to...
I'm not incorporated as a business entity. I file a Trader in Securities.
[/b]During times of War, one's previous military service has a profound affect on one's present psychology. This can affect trading.[/b] If my...
At one time I had a successful film production firm. When I sold it, I had capital for another business, but not enough for complete financial...
I don't talk to my computer, it talks to me. Says "Buy" and "sell" and "Alert". Seriously. I put thousands of hours into training my system...
Sorry to hear that you would toss and turn without a CPA. Some folks are actually factual and yes, really can do it themselves when it's basic stuff.
My advice would be, if you are filing with Trader status and taking full deductions for expenses, a home office, etc., you should go with a CPA...
No problem. Tune into Cramer tonight on CNBC. Just do what he tells you, and you'll be back on crack. (Sorry, I meant Track).
I've been trading stocks with success for a couple years, and have been intrigued by all the talk about trading the S&P and the e-mini as a...
1. Do NOT test with your money. Your valuable cash should NOT enter the picture until you have clearly become familiar with the business of...
A few days of strength...then the reality of the economy will set it. Especially as more companies warn about their awful 1st quarter and the war...
You must find your own path. Nobody on that list is going to give you a complete picture, because they don't have it. That is their game.
Do you have a mechanical system whereby your computer can signal you as to when the stop has been hit? If so, then I suggest you get the heck out...
I agree, don't sweat the small stuff. My CPA specializes in trading issues, and has never had a problem with summarizing a trading account....
I post a total of the trades, wins and losses, then make a note saying "Trade logs available". I haven't had any problems.
The very best use of an MA is simply the relation of current price to the MA. It is a simple, old concept. But very powerful. Backtest price...
In my opinion any newbie who enters this business by daytrading is already behind the eightball. The shorter the timeframe, the more you are...
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