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Everything posted by brownsfan019
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So where are you looking to short and why? There's a few blue areas on your chart.
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OK, I think I am following... any chance you could annotate this on your chart in terms of what 'nodes' you are looking at and why? Forgive me as I haven't used delta much before, but curious on how this is used in real time. Thanks!
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So how would you interpret that today?
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gassah - can you post one of the ES? Just curious how that looks. Thanks!
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Good idea. It's there, you just haven't found it. Here's how: I need a little more explanation on this as I do not use trend lines. This also already exists. Was one thing I requested awhile back. Go to: INDICATORS > CHANNELS > DAILY HIGH/LOW From there, you can set what times to use for this.
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Why So Many Indicators but Little Strategies in TL?
brownsfan019 replied to a topic in Automated Trading
YES! Now where do I go to collect the $$$$ -
Why So Many Indicators but Little Strategies in TL?
brownsfan019 replied to a topic in Automated Trading
I too would like the top performing automated systems coded up here for free. Come on BluRay, what's the problem here? I just hate having to work and learn on my own. I'd much rather download something off the internet for free and just turn the ATM machine on. Thanks in advance BluRay. -
I was just wondering if you put stops on since it's so volatile. I'm just focusing on the ES currently since the moves have been nice lately. Good trading!
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Do you put stops on your trades?
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Here's what my OEC contact said about the Kospi: I do not know the specifics but apparently there are some back office things that need done before US traders can trade this.
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FYI - this thread is about 2 years old. Good chance the video is no longer available. Try looking at threads that are a tad more recent.
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Sure, why not.
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note - your post w/ an actual chart helps a lot. Still curious how this is used in real-time to make a trading decision though. Looking forward to more from the chimp! PS You may want to ask James to create a little sub-group for your threads so they stay together and you can moderate it.
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Walter, Good post as it makes sense (to me at least). As someone that's never gotten into fx trading seriously, my questions on your post here would be: 1) How can you watch/track if a specific currency itself is getting strong or weak? In other words, how can you tell if the USD itself is strong or weak? 2) Knowing what you said in the thread and assuming one could use that trade in real-time, wouldn't computers arb this before you could possibly make a profitable trade? We'll use futures as an example since that's what I know and you've traded them as well - it's a very common knowledge that there are computer arb programs out there that arb back and forth between stocks and the futures. Does not the same idea hold true in fx where if a computer program sees the USD moving in 1 currency to jump over to the other currency(ies) and get in? The main question here being - how is a trader able to use your idea here in real-time to make trades? That's what it's all about, right? I hope you know I'm just trying to see where this is headed and any practical real-time use of it. As you'll see around here, the forum has some new blood and some don't respond to kindly when you ask for practical application of an idea. You know me better than that, but it has been awhile, so just wanted to let you know that my questions and comments are purely educational in nature.
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Hey, look who's back! Looking forward to see what forex research you can share Walter.
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Online War Game to Pass Some Time
brownsfan019 replied to brownsfan019's topic in General Discussion
New round starts after 8pm EST tonight. If there's enough interest, I'll be more than happy to help all the new members from TL out for the round and show you the ropes. Message me here or on the game if you want to join. The game is simple, yet it seems to escape some on how to play. We have enough guys from TL around to help and get a good crew together. To get started, follow these steps: 1) Read the above posts (mine & hlm's) 2) Click this link and create your character MAKE SURE TO READ THE ABOVE POSTS BEFORE YOU STARTING USING YOUR TURNS. TURNS ARE WHAT MAKES OR BREAKS YOUR CHARACTER, SO USE THEM WISELY. -
From "zero" (newbie) to a "hero" (professional)
brownsfan019 replied to ines's topic in Beginners Forum
I think it's interesting to see what these products are that these sites push. I guess if you are willing to promote the dream of freedom, cash, etc. any business idea is possible. And the internet is a tremendous vehicle to push that product w/ little expense. I haven't looked at this material, but if I get around to it, I'll post a critique here. -
From "zero" (newbie) to a "hero" (professional)
brownsfan019 replied to ines's topic in Beginners Forum
That is a million times better!!! -
I only have 3 as well. Running firefox if that makes a difference.
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From "zero" (newbie) to a "hero" (professional)
brownsfan019 replied to ines's topic in Beginners Forum
FYI - that rapidshare site is terrible. Good luck to anyone that is a free user like me. I am now 0 for 3 in trying to find the letters that have a cat. And each time you are wrong, you get to wait all over again. Much better site: http://www.mediafire.com/ And it gets better: Oh how I hate this site. Here's the issue after downloading ONE file: -
There's a lot to be learned by studying Livermore.
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Here's some links to Amazon for anyone that has not read some of the Livermore books: Jesse Livermore: World's Greatest Stock Trader (Paperback) Amazing Life of Livermore: World's Greatest Stock Trader (Hardcover) How to Trade In Stocks (Paperback) They are all inexpensive and belong in a trader's library.
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Few more from Livermore: "And right here let me say one thing: After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying and selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine - that is, they made no real money out of it. Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance." "The reason is that a man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. That is why so many men in Wall Street, who are not at all in the sucker class, not even in the third grade, nevertheless lose money. The market does not beat them. They beat themselves, because though they have brains they cannot sit tight."
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On Waiting..... Wait for the fat pitch. - Warren Buffett: comparing investing to a baseball game where you can wait endlessly for the perfect pitch before you swing. I only go to work on the days that make sense to go to work...And I really do something on that day. But you go to work and you do something every day and you don't realize when it's a special day. - George Soros talking to Byron Wien His first conclusion was that he won when all the factors were in his favor, when he was patient and waited for all the ducks to line up in a row. - from Jesse Livermore, Worlds Greatest Stock Trader Profits can be made safely only when the opportunity is available and not just because they happen to be desired or needed. ...Willingness and ability to hold funds uninvested while awaiting real opportunities is a key to success in the battle for investment survival.- Gerald Loeb You make money on wall street by being very selective and being patient, waiting for those opportunities that are irresistible, where the percentages are very heavily in your favor.- Seth Glickenhaus Unless, however, we see a very high probability of at least 10 percent pretax returns (which translate to 6 percent to 7 percent after corporate tax), we will sit on the sidelines. With short-term money returning less than 1 percent after-tax, sitting it out is no fun. But occasionally successful investing requires inactivity.- Warren Buffett Many equity investors feel compelled to remain 100% invested in equities at all times. Bond investors are often similarly constrained. We strongly believe that this mentality leads to pursuit of relative rather than absolute investment returns, a direction we certainly want to avoid...A smaller pool of funds seeking to avoid meaningful declines in market value at every point in time and seeking more aggressive return objectives cannot afford to be fully invested in the absence of attractive opportunities. – Seth Klarman SOURCE