RM686

All my strategies that tested out great fell off a cliff at the end of the testing period. You have to really get into walk forward testing and I have heard reevaluate every 3 months to have a strategy to work. I gave up. The really walk forward testing software was too complicated for me. Just my opinion.

Great decision. Losing money will wreak havoc with your emotional and physical health in a very short time. Best to step away.. It took me 25 years to figure this out. You lucky you did it in 18 months. Why do you think there are so many programs and coerces and book out there. None of this crap works.

Where can I get some indicators for trade station for swing trading the S&P and QQQQ ETFS. A trading strategy or program would be nice also.

GUESS NO indicators for trade station? my computer coud not open any of your files. do you have a website? always looking for new indicators. you right no trading plan. read the books have given up. havent found anything out there yhay works at least for me.

Have anythiny to popsition trade ETFS on the S&P or QQQQ

Does anyone know of a basic system that is any good? All these systems coast a lot of money and I dont hear of antone making money swing trading stocks or ETFS.

"Not only that there are brokers that will run the popular ones for you so all you have to do is read your satements each month." can you name 2 or 3 popular mechanical trading systems for stocks and ETFS that you are refering to?

"you can see this Ninja example" "Not sure what other answer you are really looking for then" Downloaded Ninja awhile back to run with Trade Station. Could not get it to work. E mail support no help. They told me best solution was to delete Ninja program. Like I was saying I am not very good with computers. In this post and others people responders in other posts I read have "said you have to develop your own program". Not one person has recommended a commercial trading program to use with Trade Station. Remarks like one from a previous poster was the are "ones on the internet that will make you a millionaire". Obvious he is being witty (in his own mind) and of little help. So when you say what are you looking for how about some recommendations for some decent software to trade ETFS and stocks. In the 6 months I have been with trade station the closest I have gotten is develop your own. (Spend a few years learning programming and trying to put together a trading system?) So the answer to you question "what are you looking for " is from the responses I have read in other newbie questions and responses I have received ed is nothing in these forums. Tams thank you for you post about Ninja which I view as a sincere attempt at trying to help.

Reminds me in grade school when you couldn't spell a word the teacher would tell you to look it up in the dictionary. You would never find it if you thought it was like KAT. Some peoples can't spell and will never be able to. Some people can sing or play the violin and some never will even with a gun pressed to the side of their head. I love the other answer that there are tons "on the internet offering to make you a millionaire". Of course thats true and their all frauds. Very helpful thank you. I asked a simple question and I am assuming the answer is if you are not a good trader and can't program you are out of luck. Although none of you directly answered my question in a round about way I guess you did.

what if you dont know programing? are there any mechnical systems for charts and ETFS that one can buy.

When you say periods more than 13 you mean 1 min charts? You would then stick with the JMA. Also thanks for the link found Traders Online they have a JMA strategy.

I trade from 60 min to daily charts stocks and ETFS. What is the IE/2 ma I havent heard of that one?

Any one ever tried using the Jurik moving averages as a cross ovser system sat 8 and 21 ?

Erfan, Here are some MT4 versions of the indicators for everyones use. What is mq4?

So all the reviews about the book on amazon are wrong and I guess that makes you a genius. All I have been saying is that I did very well using the methods I described. It is only when I got involved with this computer stuff and back testing that I got creamed. If you don't under stand that you should take a reading comprehension coerce. If you think that only your type of analysis (what ever that is) is how to make money and that the old basics of simple chart reading and point and figure charts are useless than you are the narrow minded one. I am not really interested is anything you have to say. So if you want to continue hurling insults back and forth so bid.

I dont know what the problem is with you guys. The way I made money was using stokcharts with 3 emas cross overs , using the trix, slow stoch and obv. Using point and figure charts for support and restence and also to confirm price targets from basic chart patterns from EDwards and Magee. This was all manual and by eyeballing stockcharts.. Where I got burnt from 1/1/09 was getting invoilved with program trading , opening a TRade STation account and the whole back testing thing. I also purchased some indicators from third party firms for use and backtesting on TradeStation. I managed to blow 50% of my trading account. By the way most of what I was using for many years to make money tested out poorly on back testing but from experience it worked. Just take a look at the qqqq with a 10/20 ema. you would have been in from march at 29 to 35 then a very small wipsaw and in from 36 to 40. Hey maybe you guys are all under 30 and computer wizards. I am not. Why you find what I explained so offending I dont get. The one book that was suggested when I asked for one example from Taylors thread , take a look at the reviews it got on amazon. Lets just agree to disagree and cut out all this junior high school BS.

My pleasure John. Thanks

Great Question John When I first stated in wall street, prior to that I worked on the floor of the NYSE as a page, while I went to college at night, I was keeping point and figure charts by hand on graph paper. Standard and poors put out a weekly daily bar chart subscription of about 300 stocks. Technical analysis was a dirty word. There were no computers or computer programs. Edwards and Mcgee Technical analysis of Stock market trends originally written in the 1940's was the Bible for Technicians who were considered in the same light as astrologers. I suggested to Bear Stearns whos capital management department I worked for to start a techinal department as part of their research department and was basically laughed out of the room. The only Broakeage Department that had a technical analysis department was Harris Upman headed by a guy named alan shaw with an assistant Ralph Accaporia who is still around today. I came to know them and to give you an example of what it was like back then in their office they had a hand made chart of the DOW going back to the 20's going around the 4 walls of a big room. It was updated on a weeky basis by hand. All the investment firms at the time had to have back up for their picks in managed accounts and therefore fundermental analysis to show the sec and protect themselves from law suites. In the bear markets of the mid 70's many firm closed or merged and Bear STearns closed its capital management department. This was inpart to the ARISTA legestion passed by the federal goverment due to mismanagement of pension funds. An example was I think it was Ballentine who never properly funded or invested their pension funds and went out of business and people who worked their 30 years wound up with no pension. The reason I mention this is because it put technical analysis in an even worse light because every one no managing a pension fund had to justfy buys and you need a report thaty recommended the funermentals. I got laid off with the close of my department and didnt want to become a whore on the retail side. I remember an job interview with a current majore brokerage firm and they asked me if their research department recommended a stock and I didnt agree what would I tell my clients. I said I would tell them not to buy it. The responded "THIS INTERVIEW IS OVER". To make a long story short I got a job as an investigator for the federal goverment because of my financial background. I continued to trade using hand made charts ans somre services for manny years. When the computer revolution hit I used stock charts and still do today. In january of this year I tried my hand at black box trading and lost to date 50% of my money. From when I started the fundermental to technical has done an 180 degree change. My mistake was getting into the computer end where I was way over my head and trying to automate trading with out knowing the programing end. I can tell you for a fact the markets are minipulated. In the old days techinical analysis worked much better because so few people were looking at charts and you could see it very clearly as opposed to today. Today it is much tougher because everyone is looking at the same thing and in order to have an edge you need to be really good with computers. Hope this helps and was not to boring.

Show me 1 for ETFS or STOCKS

Any requests that I have seen for information on trading systems from new members including myself have been meet with the same answer. Develop your own and do you think" anyone who has a successful system is going to post it". I have seen answers to this type of question many, many times including of the other remarks mentioned in my post. So my post is a composite of the type of responses I and other new members as far as I can tell received. I also didn't say the people here are losers. Just that the people making the really big bucks are not here.

Since 95% of the people in the market lose money the real answer is never. The 5%, i would really like to know who they are. I have not seen one thread or post on any of these forums that is going to lead some one to be a successful trader. They all say the same thing, have a plan (don't tell you what it is) money management and all the other stuff that has been mentioned a 1000 times. All the books recommended etc are not going to help people starting form scratch because after the finish the first or second book their head will be spinning. Does anyone think anyone making real money is on any of these boards. I think people trade because of the hope of making money and they enjoy it like golf. Anyway stop picking on the newbies. How do i start is a legitimated question. But you might as well be asking how do i walk on water and have sex at the same time.

Become profitable. HA,HA,HA,HA,HA. I have never seen so many genius on the INTERNET. (present company excluded) They all have magic systems. But the question every newbie has asked at one point is whats a good trading system. The answer they get is you have to develop your own. And then their are the $5000.00 learn to trade coerces but thats a different thread. i have found that holding up gas stations works for me. But in these tough time I cant get anymore paper bags to put over my head and with the plastic ones I cant breath. So now my trading plan is ruined. I blame Obama.

Just keep those pod bay doors open Hal. This monkey is out of breath but has not given up the fight. Maybe will will both make it to Jupiter.

WHERE DID YOU GET THAT PICTURE OF MY BROKERAGE ACCOUNT:crap:

Lets see. I have been trading for 30 years and have lost 50% of my net worth. I think I need a regression channel to figure this out.:doh: