Recent content by Danger Field

Done a search and there is another thread that talks about this bunch and Nas is the guy to talk to. trading the markets with alan rich is where its at. He might be able to help as he was selling the scanner.

Good post man. You may think your thinking like an amateur, but you thinking straight. Sure ut a stop below the low and then pile in long. Doiuble up if your already in. There is some real waffle goin on and it takes an amateur to stumble on the reaility. Go hang your heads guys. Specially...

Even tough youve been rude man, I'll give yout eh benefit of the doubt and the benefit of my experience in this field. The reason it's not going to go down for all the classis reasosn you state and ignoring all the stuff you just made up, is that this is an inversion. You dont know what this is...

It leaves me speechless that so many put so much faith in these fly-by-nights and even rig their entire trading activities around them without carrying out the smallest amount of due diligence. Its a business and you need to treat it like one. Doi you think pros have just one datafeed supply or...

Strange thing when you get a business brain talking/writing about TA/Trading its immediately apparent they know what they are talking about and what they are doing. Trading is a business and those who dont treat it like that doint do well. Trongone is Director of Executive MBA programmes and he...

You sure are a strange one man! Based on what your saying I dont think your in any pos to decide what is or isnt patently obvious. :lol: I didnt say it wos random . I said it wan't planned. As for newbie status if your basing that on number of posts then you definitely dont think too deeply...

sequence of price scheduling? Uh? Thats a weird bit o phraseology to be sure. You make it sound like its all been planned up front, which it aint. Its true theres an informed bunch and the rest, but we dont plan this stuff. We just do what we need to when conditions present and nobody notices...

Its gonna storm, not tank. doh!

Just why you be long from the big blackline is a mystery anyhow, but if you was, youd be sitting real tight just now. Just a shakeout to jangle the nerves of them that dont do their homework properly. A lot more play to the upside of about one third the shown vertical range before this boiler...

Double hogwash back. The real money that moves the markets is not the traders who think the past informs the present or the future.

For a trader that has impressed me with his technical ability and precision, this was a dumb move for you to make. Overnight? No entry signals? "Technical bounce more likely"? 890 is near enough to 1000? That is a 12% skew before you even get going. This is worse than sloppy and you know it...

You were very lucky. It wont hold. Spreadbetting is an excellent place for people to begin to lose money. I do not subscribe to the idea that more newbies go broke with spreadbetting companies than with brokers. The percentages are fairly equal. The only difference is the ante for a brokerage...

The problem with MFI and all indicators other than maybe the simple moving average is the tendency to allow them to mask what is really happening and to assign a greater significance to the values and lines than actually exists in reality. What is it you are not going to bother to look at if...

Sure. PM me.

If you are not aiming for 1% per day, you are unlikely to be trading full time for long or for ever. As to Elder's figures - pure hogwash. Those coming into trading do not lose just a percentage of their start up capital, which is normally way too small anyhow, they lose it all. Those that do...