Good day all. I have read through this thread over a 12 incher from subway after my lunchtime run. In Bangkok, a bit of French stick with some processed chicken slapped in it by an uninterested student is considered 'exotic food'. It seems some are worried about the length of the thread. I would recommend that you set your settings to 40 posts per page as I did and then it's only 13 pages. Imagine how much time I have saved reading through 13 pages instead of 60. Hello to those from 'across the water' on 'the other forum' - I shall first allow those from that site to abuse me for participating in conversation with T_E before I get involved in the details. I just hope we have graduated from 'a$$ licker' and 'disciple' as the crowd here seems a little more sophisticated and you should always consider your audience. Please - get it out of your system now and we can continue. BTW - claims of me distributing copyrighted material are grossly exaggerated DT
Hey DT, welcome to the party, I don't think I made any mention of "which" copyrighted material you were distributing BTW.
P/V Relationship Fans, additional material can be found here: Futures Discussion and here: Iterative Refinement All courtesy of Spydertrader.
What a mess, now we have an upside gap and a challenge setting up to test 1056.00. TA is a wonderful thing!!
I see a stock in a downtrend that has recently dipped below it's 200 day EMA - admittedly that was on the back of 2 very wierd days - last Thursday & Friday. I see a weak stock that gapped up purely because the market did, not on it's own merits at all. I see a stock that followed through on that gap up from the open purely because the market did - in fact it went up over $3.50 from it's prior close and $1.95 up from it's opening price. I see a stock that moved back down on the markets first down move but didn't move back up on the markets next up move. I see a stock that made a rapid, unsustainable move and come back to where it started. I actually emailed a friend yesterday just before the open telling him to look for this EXACT set up - a nice pop up before a drop. Sadly I told him it would be on WYNN which I thought was a perfect candidate - obviously not. Chop chop chop.
Pretty slick (and TA-less) looking software you got there, Maestro -- nice job. Looks very new -- hope to see more videos showing it in action.
Thanks. I finally got around making it public. We have been using it for 10+ years internally. We are going to put some more video materials soon. I hope you'll like it.
TE, After reading about 20,000 posts of yours it seems the main message you have is that trading is gambling, and if we want to succeed we need to actually use our brains and think, create a process, and live our lives so that trading becomes our art if we truly want it to be so. There's more to it, but I don't want to type too much. The funny thing is what you say is true, at least for me. I was taught to read books, read books, read books. When it came time to trade I wouldn't think for myself unless it followed something I read in a book. Now you come along and say to use my brain, better than any computer out there, there are no experts. It's all up to me. If I want to make money trading I have to create it. There are no rules. I can make my own. I have to be my own expert. I've come to realize I hardly use my brain the way you speak of in anything I do. I read books. I listen to other "experts". I was taught this since childhood. I got straight A's, so I thought I was smart, but it was nothing but memorization. So anyway I still wish you would give some more Key information that would help with trading, but that's up to you. Thanks for helping me to open my eyes a bit if nothing else. I'll work on opening them up even more. By the way you are one fascinating dude. I've read threads from 5 of your alias's now. You seem to know just about everything. How the hell do you know so much diverse and "strange" stuff? Are you like a speed-reader, jeopardy-winning genius or something?