Tradewinds

What time of day do you trade? The open can be difficult. Slow times can be difficult. Areas of consolidation, etc. It's my opinion that you need to figure out when you are making money and when you aren't, and determine if it's the time of day, the market conditions, your emotional state, your state of mind, your attention span, etc. The assumption is often that it's the strategy, but that's only part of trading. I have been video recording my trading, then reviewing it. I've never kept a journal, but reviewing what I actually did is helpful to me. I can see what I did right, and see what I did wrong, then go back over it in slow motion if I need to. As I'm recording the video of my trading, I comment on what I'm thinking and why I'm doing what I'm doing. That way, I know what was going through my mind that led me to trade the way I did. Actually, if your account isn't any less than what you started with, just that alone might be better than many people. You mention getting stopped out. It's hard to know whether it would have been worth staying in the trade without some kind of objective way to measure what the results would have been. Is your strategy simple enough to backtest? I'm not saying that backtesting is the ultimate answer, I'm just saying it might give you some more information. If your strategy is not simple enough to easily backtest, how do you decide what to do? Do you have well defined rules? If you were trading more contracts, why would that make a difference? Would you be entering the trade at different price levels? That might average your entry price to something better, but you need a way of picking good entries to begin with. If you are picking good entries, but just missing the price enough to get stopped out, then I would trade more contracts, and place some of them for better and better entry prices. If your strategy is bad, trading more contracts will just loose more money. I'm not a big fan of taking much drawdown. You must give the order a certain amount of drawdown leeway. It's impossible to avoid that. But if the order doesn't start moving in my direction very quickly, chances are the price is going to continue against me, or it's a consolidation area. If it's a consolidation area, you may need to wait a while for the price to start moving again. But you need an objective way to determine exactly what that consolidation range is, how wide it is, and what your account can deal with.

Price re-visits a high or a low of the same bar, but an indicator doesn't re-visit it's high or low. This is what I'm going to be using to time the low and high of a bar. Indicator goes to a new low, and price goes to a new low. Indicator comes off the low, and price comes off the low. Price goes back to the low of the bar, maybe even goes lower, but the indicator does not go back to it's low. I've noticed a pattern while watching video of price bar behavior. Of course, on a smaller time frame, it would show up as a divergence: price lower, and indicator not lower. But I don't want an even smaller time frame to watch. I don't want to many things to monitor and to much information. Now I'll try to program it, and have the indicator give me an alert when those conditions are met.

A slave might be able to say that and have it be true. Are their "economic slaves" who are not "legal" slaves? Are there people who get 99% of the pie when they didn't make or bake the pie? Are there people who get 1% of the pie who made and baked the pie?

A lot of people loosing their homes, lost their jobs. They were paying their mortgage when they had a job. There are people who took out mortgages years before all these recent loans got pushed through who are loosing their homes.

If I wanted to prove what I had made trading, I'd created a video of me signing into my real account, and run a report. Then erase the User Name and Account number info from the video, or find a way to block it out. But what's the point of verifying trading performance? Maybe for your ego, or to convince someone to buy what you are selling, or get investors? I would never sell a system that made me a lot of money. I might create a trading company, and train other people to trade it, but I still would keep the indicators and system confidential. I would only need investors if I had no money of my own. But if someone wanted to invest, I would have them watch me trade live to give them an idea of what I was doing and what the potential was.

Thanks for posting this. I definitely would never give out that information. I don't know how this site thinks people are going to agree to this.

I'm waiting for this also, and looking forward to when they launch. I hope the preparations are going well for the site.

Which laws are you talking about? Without more specific information I have no way of judging what you are saying. What I typically see is that multiple people from multiple perspectives are all saying that there is a problem but no one will actually tell me what the problem is or give a suggestion as to how to fix it. I don't understand. Democrat tells me there is an unemployment problem. Republican tells me there is a unemployment problem. Liberal tells me there is an unemployment problem. Conservative tells me there is an unemployment problem. Independent tells me there is an unemployment problem. Etc. Etc. They all tell me there is an unemployment problem, as if I didn't already know that. Nobody will tell me how they are going to fix it. It's normal behavior. This is the typical behavior of the vast majority of people. Complain but don't really explain. Complain but don't explain. Complain but don't explain. Wall Street, to a large degree, is probably an easy "scape goat" target for people who are trying to address our economic problems. Wall Street is just the investment tool. Wall Street doesn't dictate to management or investors how to behave or how to handle personal or company finances. Don't blame the hammer for breaking your window. Blame the person who took the hammer and used it to break your window. I think a huge part of our economic problem is the exchange rate between the U.S. dollar and the Chinese Currency. (RMB) Renminbi - Wikipedia, the free encyclopedia Congress Tackles Chinese Currency Manipulation | Fox News

Definitely. One interesting thing about the protests, Facebook, and electronic communications, is that there were a few people organizing the movement. The communication and coordination are one key. Any movement needs to be coordinated, or just so liked, that it takes on a life of it's own.

Yes, I believe it does. But most people have real fear of actually getting involved.

People need to think about the mentality of the police force. If that situation was in a dictator country, the police would be shooting people for walking down the street. So the matter of degree is different, but the mentality is the same. The mentality of the police is about the same as snipers shooting people at random. The matter of degree between pepper spray and a bullet through your head is different, but the mentality behind the action is similar. And it's the mentality that determines what the future will be. But even though I think the police in this situation are wrong, I also think that if people want real change, their efforts are better spent calling their local politicians rather than protesting. You can protest all you want, but voting the right candidate, and the consumers changing their buying habits has real consequences. Actually, the people need their own independent media company.

Good points. I agree.

Yes, the first thing I did was laugh when I saw that. And in a sense I kind of take pride in being different and doing something that most people wouldn't do.

Not a bad idea for a special section of the site. Please don't change the colors. I like them.

I didn't really find much useful info at that link. I actually tried following leads to other places, but didn't find much of anything explaining the study.

First of all, I didn't watch the video, so I'm not commenting on the video. But it's an interesting subject. Do you have any information about those who are still in power? Just curious.

I've been using this indicator and really like it. It often shows buying or selling bias before the price move. And when it goes to an extreme, the peak or bottom is often very close. The close is rarely at an extreme, but the ratio often goes to an extreme, indicating that there is either a commitment to either buying or selling, or the buying or selling is maxing out, and you are at the extreme. var: TickRatio(0), FinalPriceHiChg(0); TickRatio=(Upticks/Ticks)-0.5; Plot1(TickRatio, "Tick Ratio"); Plot2(0, "Center Line"); Plot3(0.3, "OverBght"); Plot4(-0.3, "OverSold"); If TickRatio > 0 and TickRatio > TickRatio[1] then SetPlotColor[1](1, Darkgreen) else if TickRatio < 0 and TickRatio < TickRatio[1] then SetPlotColor[1](1, Darkred) else if TickRatio > TickRatio[1] then SetPlotColor[1](1, green) else SetPlotColor[1](1, Red);

All legal citizens must be allowed to vote. Ultimately all issues come down to the issue of good and evil. The problem is that most people have no idea what good is. Most peoples attitudes tend to gravitate towards their own self interests. The vote is all about the balance of power. Some people will always try to gain more power for themselves. Without the vote, there is no way to balance power.

Thanks for the chart. That looks good. I hadn't thought of using two separate support methods, and looking for where they converge. I really like that idea. It gives a lot more information, and makes the price action more understandable.

Another thing I've started doing is giving nonsensical answers to "Security Questions". What is your mothers Maiden Name? Answer: GreenRoad12 (Not the real answer. Just an example.) People could find out my mother's Maiden Name, probably fairly easily. Then all they'd need to do is call the business, tell them they forgot their password, and give them the security answers. Your password sometimes get reset to something like the last 4 of your SSN number, which is also fairly easy to get.

Try this: inputs: Price( Close ), Length( 9 ); variables: Avg( 0 ) ; Avg = AverageFC( Price, Length ) ; plot1(Avg, "MA"); Once Begin Value1=Text_new(D, T, H, "Start"); End; Text_SetString(Value1, " " + NumToStr(Length,0)); Text_SetLocation(Value1, D, T, Avg); Text_SetColor(Value1, Red);

Those changes seems reasonable. I'm not sure how much of a difference it will really make to those who can't react fast enough after the market opens back up. If the flash move had a legitimate reason, the people with the 401K's are still probably going to get the raw end of the deal. And the average broker managing your 401K will need to call you, talk it over, and have you come in and sign a paper giving permission for the broker to adjust your account. Plus the broker will be trying to handle 500 phone calls that day from customers. By the time anything can be done, it will still be to late for the average person. Actually, most people with any kind of a retirement account probably never, ever talk to a broker or get any investment advice at all. For those people, they are at the mercy of the market no matter what happens.

The answer is 'Yes'. But the trader needs to know what moves price and be able to read it very quickly. And even though understanding all conditions is more complicated on the surface, the underlying basics are the same no matter whether the market is trending or consolidating; smooth or choppy. Probably very few traders are able to narrow their inputs down to only the critical ones that actually have some correlation to what price is doing.

Inputs: price(Close), SMA_Lngth(12), upColour(Blue), downColour(Red); var: TheSMA(0), CurrentColor(0), ClosedOvr(False), ClosedUndr(False), FirstClsOvr(False), FirstClsUndr(False); plotpb(high,low, "SMA"); TheSMA=AVERAGE(Close, SMA_Lngth); ClosedOvr=Close > TheSMA; ClosedUndr=Close < TheSMA; FirstClsOvr = ClosedOvr[1] and ClosedOvr[2] = False; FirstClsUndr = ClosedUndr[1] and ClosedUndr[2] = False; If FirstClsOvr then CurrentColor = 0 Else If FirstClsOvr[1] then CurrentColor = 1 Else if FirstClsUndr[1] then CurrentColor = -1; { Color criteria } if CurrentColor = 1 then setplotcolor(1, upColour) else if CurrentColor = -1 then SetPlotColor(1, downColour) else SetPlotColor(1, Yellow);

I figured out a possible solution to a problem I was having. My trendlines were not being ended, and I could not figure out why. I'm still not sure exactly what is going on, but I'm a little closer to figuring it out. If I wait to extend the trend line until the bar AFTER the new trendline is created, then everything works fine. I think it has to do with the trendline being plotted backwards in time when it is created. As soon as the trendline is created, it's already 2 bars long. When I commented out the line to extend the trendline, my old trendlines were suddenly ending the way they should. (They were not extending, but at least I had made some progress.) So then I add a line of code to extend the trendline on the bar AFTER the signal. Again, the original trendline is already 2 bars long as soon as it's created, so waiting until the next bar to extend it isn't a problem. //Do NOT extend the current line until the bar AFTER the peak signal!! If Peak[1] and Peak=False then Value4 = TL_SetExtRight(CurrentRzstnce, True);