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Tams

Market Wizard
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Everything posted by Tams

  1. you should draw some diagrams to illustrate your thinking/logic. a picture is worth a thousand words. on a discussion forum, most people cannot read past the 100th word.
  2. This is called "baiting tactic". it is an invitation to PM -- contact me and I will show you.
  3. don't know what he's selling, but he is phishing for sure. http://www.traderslaboratory.com/forums/day-trading-scalping/8777-predicting-es-emini.html
  4. if you buy on margin, the broker takes $2,500 from your account and lends you $2,500. The rest of the cash in your account is on standby... for you to purchase MORE stocks, so that the broker can lend you MORE money.
  5. price gravitates towards the "wall". http://www.traderslaboratory.com/forums/trading-indicators/5900-dom-excel-ib.html 175
  6. Tams

    Long Weekend

    HSI is open on Sunday night 9:15pm ET.
  7. if you have ever used a DOM for trading, you might have wondered why nobody could make the DOM automatically centering the current price in the middle of the ladder --- that's because TT holds the patent to the "technology". They made everybody pay up a royalty fee, or remove the auto-centering feature from their DOM. I don't believe the auto-centering feature is such a ground breaking invention that deserves a patent, but the US patent office thinks differently and awarded them the patent.
  8. Wherever you are... Whatever you do... have a safe long weekend. Enjoy!
  9. Please name ONE quality work he contributed that is a worthwhile mention? I can't think of one name... and I am not looking for an enduring work like MACD, RSI, or Stochastic. I am just trying to find one quality name that is associated with him. sure, the body of work is there... this is how he solicits donations -- to blanket the WWW with his enticing posts... the more he posts, the more "contribution" he makes... the more posts he makes, the more donations coming in. That's why he is banned from a number of forums -- he posts to solicit donation. He then keeps on modifying the indies with little tweaks and calls them "New". Like the guy who posted his "Grail version 2.0" in another thread, if the original indie never lose any money, why do you need to have version 2.0 ?!?!?
  10. What "tinkering" did you do? What do you mean by "pretty nice results"?
  11. I am not sure if quality is the word, maybe you meant quantity ? a lot of his codes were iterations of previous codes -- he kept on modifying them, changing them, curve fitting them, and calling them the new and improved wonder indicator. It's a moving target LOL. I am not saying the codes have no educational value; you can learn a thing or two between the lines. But definitely not never lose again.
  12. I should clarify that Logic did not come to TL to solicit customers. I started a thread on his method, and invited him to come to answer a few questions. ps. I started the thread here because there was a fire fight in another forum and the discussion was destroyed by a multi-directional pissing contest. At the time, TL was new, the traffic was low, and James had a strict moderation policy on off-topic arguments; it was a better environment for discussion.
  13. other than he calling himself the most successful trader, I have never heard of him until now. interesting quote from the page:
  14. the keyword TL_NEW does 2 things: 1. create a trendline, 2. assign a serial number to the trendline. When you do modifications to a trendline, you can use this serial number to identify the line you want to modify. you can use a variable to capture the trendline serial number: var: myline(0); myline = tl_new( date, time[1], LOW[1], date, time, LOW ); to modify the trendline, add this: TL_setcolor( myline, blue):
  15. nice try. ;-) code tag is the # button at the top of the message window frame. if Low = Low[1] and high = high[1] then begin tl_new( date, time[1], LOW[1], date, time, LOW ); tl_new( date, time[1], high[1] , date, time, HIGH ); end; if Low = Low[1] then begin tl_new( date, time[1], LOW[1], date, time, LOW ); end; if high = high[1] then begin tl_new( date, time[1], high[1] , date, time, HIGH ); end;
  16. if you can't afford overnight margin, you shouldn't trade at all. if you can trade, you can afford overnight margin. not everybody can see this logic.
  17. there is no such a thing as "fair intra day margin".
  18. if you google some of the vendors on the list, you will find them on multiple forums, talking, chatting up different people at the same time. One wonders, where do they find time to trade? or teach?
  19. the market has no noise. every bit of information is gold.
  20. when someone wants to see your PnL, you know you are doing something right.
  21. just use PLOT eg. plot100( 2000, "2000"); plot101( 5000, "5000"); plot102( 7000, "7000"); plot103( 9000, "9000"); plot104( 19000, "19000");
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