Strategies for a trending market and non-trending market are completely opposite. When there's a trend buy strength, sell weakness. When there...
If you can't trade in a trendless market you shouldn't be trading. If you want to earn a living trading you have to be able to trade ALL market...
Another thought....develop a formal business plan and write down you goals on paper. I recently heard an interesting stat: In a recent Yale...
youngtrader, this is coming from an old fart (ahh...middle aged fart) who has a ton of experience in the stock market. If you want to...
I just bought a Dell Intel® Coreâ¢2 Quad Proc E9200 (2.33GHz,2MB L2Cache,1333FSB) and it runs Tradestation fine. I suspect if you are using...
I used to trade stocks exclusively a number of years ago and I found Level II quotes to be absolutely useless because of the games market makers...
If you hold a securities license then you are considered a professional. Unfortuantely, this means you pay more for data. I think the reason for...
Couldn't agree more. The Fed is more interested in saving the Wall Street banks than saving the average American. The average investor views the...
Trade on a simulator for a while. I traded on a simulator for 2 months and turned $40k into $80k the first month and then into -$100k in the...
Up 142% during the month of August.
No, trading is 100% dependent on having a plan for EVERY single scenario. Does your strategy involve winning on big positions and losing on small...
My wife's family always gave me shit about trading. They couldn't understand why I wasn't getting a job working for "the man" and climbing the...
My apologies Restricted. Based on Stock_trad3r's post history I agree with your view.
Criticizing a profitable trade? LOL, good one Restricted. Pretty good.
My bad, perhaps the moderator would be kind enough to move the thread there.
Price puts in a hard bottom at 1466.50. Note the shifting support lines, indicating a change in bias. Price reacts upwards and corrects back to...
Amen! Especially to NO Cramer. What BS that is. If you study Cramer's track record he doesn't beat the street -- not even close! He's nothing...
Thanks Chloride. Those setups work well but you have to have an extreme amount of patience to wait for them. Then sometimes they don't happen...
Good thought Rice. "Anything can happen." Gotta have a game plan for that scenario as well.
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