Tams

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can you draw a diagram to illustrate your point?

your ignorance is just as annoying. Your personal experiences are irrelevant.

Who cares about HFT. They can do whatever they want, only the weak will be affected.

This is exceptionally BAD advice. Scaling out of profitable positions is the precise opposite of what you should be doing. It's reducing the amount of profit that you take, yet doing nothing to diminish your risk. Scaled out profit taking completely skews the risk:reward ratio of any profitable strategy. Let's look at a simplified example: ... that's because he is not a trader... a trader won't say things like that. He is just a talker selling his talks. LOL

just because you do not think it takes years to become a profitable trader does not make his comment or recommendation "nonsense".

Are you referrring to S&P 500 futures? ie the big contract? SP500 and ES are future contracts of the S&P 500 INDEX, but the contracts are traded independent of each other. They each have their own bid and ask prices. They each have their own market depth. Theoretically the price should trade the same, but the price is driven by the market, not theory.

you are a vendor, you should know better. is you question a prelude to a structured answer? (ie a spam or a promotion or your associated site?)

the Germans will pay for it one way or another: 1. continue to have cheap vacation, (ie bail them out) 2. pay for more expensive vacation. (ie let them default)

tips: 1. draw a flow chart, map out ALL the permutations !!! 2. write out your "logic" in short sentences -- one thought at a time, -- one thought per sentence, (if you have more than 1 thought in a sentence, split it up) -- one action per sentence, (if you have more than 1 action in a sentence, split it up) -- create/use variables/counters generously, they are free. GL

. transitioning from paper trading to real money is always an eyeopener.

you need more screen time just stare at the chart 8 hours a day, 5 days a week, 250 days a year. if you want to be really good really quickly, go get a charting program that has a playback function, and start watching the chart off hours. you will see 2 opposite trends at any one time, the dominant trend, and the retrace. sometimes the dominant trend will look like a retrace, and sometimes the retrace will look like the dominant trend. when the dominant trend is ended, the retrace will become the dominant, and the dominant will be come the retrace. and so the market goes.

when everybody is downgraded, everybody is equal. Nobody is better, or worse than the other, and nobody is at an disadvantage. Hurrah, let's celebrate!

. How to identify the trend: just stare at the chart.... concentrate, and follow the price action.

can you expand on your mean reversion strategies? it sounds very interesting.

Ninja is the most powerful charting program you listed above. It is also the cheapest to start out --- it is free. Ninja also has the best in class educational program of any charting program on the market. They regularly hold webinars to teach traders how to use their program. And all these for FREE. What more can you ask for?

an UPTREND is when the price is higher than your entry price, a DOWNTREND is when the price is lower than your entry price. All the other complicated theories and magical projections and esoteric calculations are moot. Nobody can argue that.

Trader of the Day

thanks for the code. ps. if you use the code tag instead of the quote tag , you can preserve the code formatting.

try it on a 60 min chart, or a day chart...

I use 199 period moving average, so that my signals can be one bar ahead of everybody. Hahahah... LOL

. ...when you see a disconnect between the behavior and the words, always believe the behavior. .

This is called "Self-fulfilling Prophecy". Like pivot points, if there are enough people following it, the sun, moon and star will converge on the same axis... and the heaven's door will open, and all the money will pour out into your lap.

that's a very limited understanding...