Do you believe that 2 traders in a prop-house trading side by side (and happen to be trading the same stock) are not competing with each other?...
Thanks for the information. You hit the nail on the head in your previous post when you "insinuated" that they could crush the average...
The Previous Days Close Price. Ed
Arbituarily closing all positions just for the sake of closing them is a good way to throw money away. If it were me, I would close the ones...
Like I stated in my first post, the ATR%(14) will at least tell you the expected difference between the high and low. So, if the ATR%(14) is 7%...
Totally Agree! The problem is, even if he did find someone to trade his account successfully (not likely), the trader would only stick around...
You're right. You can view the stock market as gambling and some people are better gamblers than others. But there is a huge difference, and...
Instead of hiring someone to trade in your account, find someone in the Prop House and pay them to teach you the ins and outs of day trading....
I have seen this method of trading before. We called it hedging. LONG SIDE: As the stock went higher (and your were profitable) you added...
You're right. Trying to predict what the market is going to do is not realistic. It's also unrealistic to expect stock movements to do things...
Since the ATR(14) or ATR%(14) takes into consideration the gap up/down, couldn't it be atleast used to determine the max move to expect for the...
I am not into manual trading as CoolTrade subscribers run their traders in 100% full automated mode (unattended). However, if Trade Pilot Pro...
I didn't look into the room or the software, but I agree, if the software doesn't make money then forget it, as long as you can get one without...
Isn't it obvious? You buy at the bottom of the chart and sell/go short at the top. Now all you have to do is simply go back in time and execute...
I would assume the purpose of the trial period is to see if the software works/makes you money. If it did, then stay on. If not... Ed
I totally agree your statement, Johno. So many people just want someone to tell them what to buy/sell because they think the next guy knows more...
IB is great at $1 for 200 shares or less. But if you trade 1000 shares IB charges $5.00. http://www.OptionsHouse.com charges a flat fee of...
Which newsfeed? CoolTrade has not created an RSS feed (Yet). We do have a CTControl page so you can remotely control your Automated Trader (that...
Billy, every day trader I know, Shorts. Look at this last crash (last 8 months), it's the short players who cleaned up. And, they didn't have to...
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