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kingkongtracts
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Everything posted by kingkongtracts
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Super Accurate Intraday Indicators
kingkongtracts replied to kingkongtracts's topic in Day Trading and Scalping
Okay, thanks, interesting site. But if you can prove a consistent stategy why not use maximum leverage? I'm still trying to figure out the strategy of these top players, not sure if they use indicators, recent news, pre market data or what. -
Super Accurate Intraday Indicators
kingkongtracts replied to kingkongtracts's topic in Day Trading and Scalping
Okay, but what are the similarities? Yes, but can't these unbelievable returns be used as a model to learn from? Market direction is market direction right? I know there must be some pricing variables in the game which may not reflect reality, which the players may be taking advantage, but I'm still seeing great accuracy in picking short term market direction. Does anyone have any suggestions for learning resources for predicting intraday market direction, reversals, etc.? -
Okay, I recently opened a paper trading account, q3 competition at investopedia.com. The game ranks players and allows viewing of competitors trade history. There are a few stand out winners in each quarter who post ridiculous gains. They use intraday trends and naked options and make a killing on high liquidity stocks and ETF's like SPY, GOOG, and AAPL. How do they time the market so well? What are some good resources, books, websites etc. to learn about day trading indicators and such?