Hey Bbelly... ??? Look again-carefullly. In BT the commish is already factored in. Dont know where u get the 36$?? Like i said...just a little piker trade. cheers ... rj
Just kidding around. Hope you didnt wait for your target as the next tick was the bottom of that move. The $36 net was the figure on the top of BT
yeah ... lost two clicks getting out. 2 round tot is in green with commish factored in. Like that abt BT. didnt trade in the morning and just happened to ck in and see what wuz happening and jumped in twice...real quick. Im bearlly ahead for Jan. ... rj
Line this up with the RTH (9:30 to 16:00) and paste it over the bottom of your chart. It will show you three things: 1. How to set defaults. 2. How to trade without looking at price. Blue line passing through 50%. Up go long; down go short. 3. You have to be in the market to make money. See if you can post a log of the trades shown. Don't worry if you can't figure out how to log trades. L means long; S means short and C means sideline (close out last trade). Use the prices on your chart to find values. At some point in this thread it may be a good idea to post trades.
Good morning Jack, Thank you for your suggestions!!! I've loaded your settings and indicators on my (YM) chart and I'll study them in real time tomorrow. So far in matching them up with todays action they look "dead on" to me. Were always looking for "secrets" to trading the markets from other traders. Thank you for all your help!!! snarlyjack
I wonder if simple method could work with stocks. Lets assume that you find a good stock, and then use technical analysis to determine when to buy it. For example, out of forex, futures, and stocks, right now on collective2, tonight, the best system is RT Hedge LT which is a stock based system and it beat out 2,500 systems. I know futures give you more leverage and quicker day trades. But stocks give you more time to get into the trade and get out. They are slow enough that you can work on another business rather than trade full time.
Oraclewizard, The problem I have with individual stocks, at this point in time is: This is just my opinion!!! I believe that we are going into a recession. Much like the year's 2000-2002. When and if the recession happens in my opinion individual stocks are very difficult to trade. However, the "index's" are fairly easy to short but you have to know how to "time" the market. So...Welcome to our world...We are all learning here... snarlyjack
Snarly rcj Jack H + others Very interesting, indeed. Thanks to all of you. That is the only way to clear up certain questions. I'll be with you with my findings as soon as I have become familiar with my new software. I do not understand yet Jack H.'s chart + comments. May be he would be kind enough to show a complete chart or go a bit more into details with regard to the decisive signal(s). Is there no ACV for your DOM as re- commended by VSTscalper ? read that in another thread the other day. Unfortunately my software does not contain this feature (as far as I know - so far). Charly