StockFetcher Forums · General Discussion · NEVER LOSE AGAIN!!<< 1 ... 10 11 12 13 14 ... 102 >>Post Follow-up
chetron
2,817 posts
msg #68399
Ignore chetron
10/14/2008 7:06:24 AM

NOT EST



TheRumpledOne
6,358 posts
msg #68400
Ignore TheRumpledOne
10/14/2008 8:04:07 AM

I use the NY Market open but my charts are on Pacific Time at the moment.



TheRumpledOne
6,358 posts
msg #68403
Ignore TheRumpledOne
modified
10/14/2008 9:37:48 AM

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"IF IT AIN'T BROKE..."

TheRumpledOne
6,358 posts
msg #68412
Ignore TheRumpledOne
10/14/2008 12:00:36 PM

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GOT MILK?


lctrcbddha
28 posts
msg #68417
Ignore lctrcbddha
10/14/2008 2:10:18 PM

I'm becoming a convert. Makes a hell of a lot more sense than what I've been doing...

TheRumpledOne
6,358 posts
msg #68419
Ignore TheRumpledOne
10/14/2008 2:51:33 PM

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REMEMBER THE RULE OF THUMB... ONLY GO SHORT BELOW THE OPEN

TheRumpledOne
6,358 posts
msg #68420
Ignore TheRumpledOne
10/14/2008 3:03:29 PM

lctrcbddha

I'm becoming a convert. Makes a hell of a lot more sense than what I've been doing...

================================================================================

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Remember, this does NOT work in backtest.

There are NO fancy squiggly line indicators.

This is the most boring trading method:

- you trade the same stocks everyday

- you have the same trade triggers everyday

- you don't get to look at different charts

- you don't have to learn lots of rules

- you don't have to read books or attend seminars

- it's not creative or mentally stimulating.

- all it does it make money everyday.

You should do some serious thinking BEFORE you try something so simple.

There are so many methods out there. If it weren't for the fact that this works everyday, no matter what the market conditions are, I would find or create another method. I mean just look at these charts. Nothing but HORIZONTAL LINES. It just CAN'T BE this simple!!

Come on, you mean to tell me that I could have gone short at OPEN - $.10 and FADED THE GAP to the PREVIOUD CLOSE and made almost $6 a share in one trade in under 30 minutes? IMPOSSIBLE!! IT CAN'T BE THAT SIMPLE!!









TheRumpledOne
6,358 posts
msg #68421
Ignore TheRumpledOne
modified
10/14/2008 3:16:12 PM

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Yeah right, all I have to do is go short at open - $.10 fading the gap and I could have made $3 shorting RIMM in 30 minutes? That would have been $3,000 in 30 minutes if I traded 1,000 shares. Oh come on, there is NO WAY you can do that.

You expect me to believe I can do this WITHOUT any indicators? You must be on drugs!!





StJoe
91 posts
msg #68424
Ignore StJoe
10/14/2008 5:47:20 PM

TRO

Do you use Interactive Brokers?

If not than who?

Do they turn your money around to you the next day?

Thank you for sharing!

TheRumpledOne
6,358 posts
msg #68425
Ignore TheRumpledOne
10/14/2008 6:04:54 PM

I have more than one account. I have TD Ameritrade for swing trades/high volume and MB Trading for direct access scalp trading. I have a Scottrade account, too.

With a margin account, you have instant access to the money.

With a cash account, they can make you wait 3 days for settlement. Unreal in the 21st century, they still play by 20th century rules.

StockFetcher Forums · General Discussion · NEVER LOSE AGAIN!!<< 1 ... 10 11 12 13 14 ... 102 >>Post Follow-up

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