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My suggestion is to try to find free websites and do not pay anyone. If you make a list of 5-10 websites that occasionally provide good free signals you can do very well. Most serious bloggers are careful and avoid direct recommendations and you need to do the work yourself from the material they post. No work, no pain, no gain, no free lunch. Here are some websites that I follow: http://etfdb.com/features/ StockTwits Blogs Price Action Lab Blog | Quantifying Market Price Action ETF, Exchange Traded Funds Research, ETF Investing | Morningstar Abnormal Returns and many others.

Today's darlings are the dogs of the future. This will work assuming the population statistics do not change constantly.

I agree about the importance of fundamentals but it is hard for someone to know the true fundamentals.

I used ADX in the past and I just couldn't figure out a way to make money from it even in combination with DMI+ and DMI-. Maybe it was just me...

Traders fail because they select the best system they backtest after applying data-snooping. This is very important to understand. Here are a few must read articles: JSTOR: An Error Occurred Setting Your User Cookie Data-Snooping, Technical Trading, Rule Performance and the Bootstrap Selection and Data Mining Bias in Trading System Development | Price Action Lab Blog backtesting - What are the popular methodologies to minimize data snooping? - Quantitative Finance Stack Exchange

But are the rules fixed or they are always ahead of what you already know?

Dis they change the script language?

Thank you guys. I am close to quitting trading because I cannot seem to be able to find any methods that work satisfactorily for my purposes. I tried trading ETFs mainly and after two years I'm 23% down in my account and I find no point continuing. Maybe markets have changed significantly since the methods were developed. By the way yesterday I saw a post in one of the many blogs I follow about a system that was designed by a computer for SPY and outperformed the market after that but on top of that it worked well for about a dozen other ETFs. Is this possible? Is it a scam of some kind? Do you think it is possible for computers to design systems better than humans?

You have to consider both to make it big.

Very good scalper I heard make more money than very good swing traders but on the average the former group makes a lot less than the latter. Scalping was invented in the pits I think and now with HFT it is difficult to do it from home unless you collocate expensive hardware.

I'm learning this now. It seems it has potential.

Thank you all guys for your suggestions.

Thanks. He does it seems a nice job in gratifying chance. I like very much his idea of using portfolio backtest statistics for this like in his latets post: Price Action Lab Alert for Monday, December 17, 2012 | Price Action Lab Blog I wonder is this can be automated in a way.

Sounds like an impossible task. What about pending but unknown events?

What did you think of the Encyclopedia Of ChartPatterns 2nd Edition? Can anything be used in the book to increase profitability?

I'm new to trading and I have started reading books and forum posts. What do you think are the most popular methods intraday and swing traders use? For example, moving averages, oscillators, patterns, tape reading, custom algos, etc.|?