Recent content by Zombi

Spam, its whats for dinner.:rolleyes:

Hi Piker, I am still a newbie when it comes to trading but I made a comment in another thread yesterday that might help a little. When I started trading I was in the same boat, I knew a lot of things about the markets but didn't have a solid plan as to how to put it all together. In laymans...

The reason there is so much advice and counter advise is because nobody follows the same trading plans exactly. One trader could be giving you advise based on a breakout system on 1 min charts and the other could be giving advice for a pullback system on 4 hr charts. Everybody has their own...

From what I understand is that basically Uncle Sam will take a look at your net value at the beginning of the year and at the end of the year and if it has increased they tax you on the difference and if it moves down to your original or lower you cant get taxed as you didn't technically make...

I'm wondering if this will pass into law to appease the taxpayers then quietly fade away once everyones feelings of bloodlust have subsided. You gotta figure that there are some influental people who "speculate".

I've found this quick n dirty formula for basic money management. S=(e*r) / (p-x) Where: S = Size of trade e = portfolio equity(Cash and holdings) r = maximum risk percentage per trade p = entry price on the trade x = pre-determined stop loss or exit price (based on TA) That would keep my...

A little update. Ive been browsing this site all week and after doing some research and playing around with a demo account i'm going to be switching gears to trading FOREX. I picked up a demo account on MetaTrader and so far so good. It has eliminated a lot of confusion in picking which stocks...

Interesting reading in those articles Nile. The ones that were posted in your post are definately more positive stating that it has little support from the Obama administration. I really wouldn't think that this bill will help anybody, half of the tax revenue will go towards paying off national...

I just saw this article today and thought it might be of interest. What do you guys think? http://www.nytimes.com/2009/11/27/opinion/27krugman.html?_r=1&adxnnl=1&adxnnlx=1259427821-9fvy/9P+55EQRp2AZ/vAxg

As a newbie just starting to build up a strategy for US stocks i'm definately going to backtest. I feel that it is a confidence booster to see that your methods could have worked in the past and theoreticaly have a higher probability of happening in the future.

I like those questions, they make me think! Now let me try to answer them, let me know iof any suggestions you think of. I'm defining uptrend as a stock that has been making higher highs and higher lows on daily charts with a trending OBV to support it. I havn't invested in trading...

Hi guys, After looking around this forum for a few days I have found some invaluable resources to help me along. One of them was a post containing a few steps towards getting started. The first thing that was suggested was to decide what you're going to trade and the intended timeframe. What I...

Hi everyone I just joined the site recently and thought I would introduce myself. I have been interested in the markets for years now and earlier this year I started getting really involved in learning how it works. I played with a simulator account early on in the game and made some lucky...