I would have to agree and if you put two traders on the same strategy you'll get two different results. A pure mechanical system will lose its...
+1. Very well said. The key to trading successfully isn't based on an indicator or some preset critieria; it's based on intuition -- call it a...
I wonder why they didn't issue a statement like this when the SPX bottomed at 666? Any fool who follows what this racket recommends deserves what...
Pensions for cities and states are unsustainable. I recently did a tax return for a retired firefighter and he's pulling in a 72k annual pension....
I've noticed the discrepancies are more isolated to the uncovered (basis not reported to the IRS) transactions rather than the covered (basis...
The MACD is like any other indicator -- open to interpretation and trading results are based on the talents of the trader and not the indicator....
Rates are going to stay at zero at least until the election is over. That being the case, the market will continue to go up. We should get a...
This is just something you have to accept as the difference between being a trader or an investor. In theory, the $'s you missed on your stock...
I agree but the point I'm trying to make is that with the passage of time that type of area becomes less significant. If a stock takes 5 years to...
Probably the best way to explain why is the amount of time that is elapsing between what you are using as a reference point for your entries. For...
Can't find my example of an unfilled gap. Will post later if I can find and I have time. In the meantime I'd suggest a good book on chart...
Flipped thru some of your charts and I wouldn't play any that I've seen, which doesn't mean your method won't work. Just that I wouldn't play...
I bet someone once said that about a VCR, 8-track players, cassette tapes, an old Chevy engine that put out 200 horses, and so on, and so on. The...
Goldman was calling for a "Super Spike" to $200 so they could create enough volume to exit their crude positions. The current situation is a...
Bingo! If the job market was as robust as the White House is stating Bubble Ben would be able to raise rates to a level consistent with a healthy...
Without going into a long discourse on the topic contraction of the banking system where there are only 5 major players can only be a bad thing as...
This kind of frenzy happened with QCOM back in the go-go days. No one knows when AAPL will come down but it will come down. A simple study on...
While this is true I would recommend using IT because you have to consider what the competition is doing and they definitely use more than a pen...
By the time November rolls around the unemployment rate will be in the area of 6-7% as Obama proclaims, "we're on our way to full employment."...
You've nailed it with the subconscious mind. There's so much to trading successfully that happens subconsciously. If you can develop your...
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