Recent content by johnnyonspot

Great article, even if I am coming to it four years later.

This reminds me of something I heard a professional golfer say about bad shots. He knows that in every round he will make 4-6 bad shots, so when he has his first bad shot he tells himself, "Good, I got that one out of the way and move on to more good shots." There is an awful lot in the way...

Really? Can we see your P/L statement for the year, please. The proof is in the pudding, after all.:cheesy:

I've viewed their spreads, and while they are variable, at their lowest they are higher than many other forex brokers, e.g., Alpari last time I checked.

Most if not all commercially available robots are... JUNK! Otherwise they would not be commercially available. After all, if you owned a gold mine that held a lot of gold, would you sell it?

I will second that. Try out the James16 thread at FF. I am hooked into that and have been profitable (on demo as I am following the suggestions set forth by James) since February and so far this month. Another one is the Clockwork71 thread over at FF. CW is a James16 disciple who has just...

I was receiving his free weekly signals, about four or five of them, and they were mostly good. However, this is a very small sample size and has no statistical significance. I don't know how many signals he sends out to paying customers or what his success rate is, though, but when he was...

Anley, I think you are correct. I think it is a very rare thing indeed to find a managed forex outfit that makes money for you. As far as top traders sometimes gambling big, I can buy that, though I do so with some trepidation. But Atuan's trading style is to gamble big on nearly every...

Just an update on this thread, I have discovered several people now who have used this person to manage their forex account and the results are not good. He apparently does not subscribe to money management/position sizing rules and trades way more lots than he should according to the account...

I am very new to active trading, mostly swing trading stocks, and it strikes me how simple successful trading systems can be (should be?) and this article pretty much comes out and says it, "trading is simple." Perhaps people get it into their head that trading must be a terribly complex...

I have used a web site, stockfetcher.com, where you can write your own filters or use publicly posted ones, some of which are excellent. I am very new at this stuff, only been trading for a month and a half, and am excitedly awaiting the blowout of my account so I can get onto being profitable...

I took a cursory glance and they are reporting gains of 10% and 13% for August and September 2008 respectively iirc. More anecdotal than anything, but better than nothing I guess. It costs $33 per month or $99 per quarter. Might want to try them out and paper trade them for a month, or ask...

I tried to go to bestgrowth.com and it does not seem to be there anymore. :(

Anyone use the Weekly Williams %R? I use it as a divergence indicator combined with price action and volume and it seems to work well if you wait for the class A setups and time your entry correctly. I was turned on to it by a filter I poached in a forum. Since it had not been mentioned I...

I use stockfetcher. I am primarily using a filter I poached off a thread there, somewhat modified by moi--though I use the original too. It works well. Clued me into the drop in the energy sector Tuesday. Hope it lasts. I only swing trade my IRA right now so cannot short; instead bought the...