Old Archive for "November, 2008"

These are Blog Archives
Here you can find links to old content I had on the blog, prior to switching to our group pages. Have fun looking around... some of it is pretty good! If you are looking for the best of the best posts from both the old and new eras, then go to the Articles Page. If you want the newest material, browse the public group (and the google waves associated with it).

Thanksgiving Video

Posted on November 27th, 2008
Written by Richard

Hi all… I had a little time so I made a video:

I really am going to try to make more videos…. especially live trades…

Testimonial

Posted on November 26th, 2008
Written by Richard

I got this email today:
“Hey Richard,
Had a dismal morning…, breaking all of my rules. But I came back in the last hour of trading and just concentrated on your Every Push candles, and was able to make up for all of my earlier miscues.
Just wanted to say Thanks.”
Pretty cool!
This trader is of course referring to [...]

No Matter How Stupid the Market Makes You Feel

Posted on November 26th, 2008
Written by Richard

At least you probably aren’t from this family:

Happy Thanksgiving, everyone!

Daytrading Google Inc. (Nasdaq: GOOG)

Posted on November 25th, 2008
Written by Richard

I personally love to daytrade the e-minis, and we show off e-mini daytrading in the eotpro.com live room every day. That’s why I have been trying to focus on stocks here at the blog lately: to make sure people understand that our indicators work great on them, too!
As most of you know, I [...]

Why I Like the Murrey Math Lines

Posted on November 21st, 2008
Written by Richard

Can you guess? :-)

We have all been marveling at them in the eotpro.com live room. I don’t know why so many math line implementations are done so poorly, but I really like the concept, and the eotpro implementation that I put together seems to work very well.

Follow the Pain

Posted on November 20th, 2008
Written by Richard

This is generally good advice for trading all day… but I especially watch for this in over-excited and news-driven markets. Today there was all kinds of talk swirling around about whether there’d be an auto bailout or not, and so on. Markets were in a big downtrend intraday. Price action was getting [...]

EOTPro Math Lines come to NinjaTrader

Posted on November 19th, 2008
Written by Richard

I saw some of the freely available math line indicators last night… and I was disgusted! Mostly, they show daily lines, which is of no use to me.
I guess I didn’t like the implementations on tradestation, either, because we made our own version for eotpro. So, I made a math [...]

Human Nature and Con Games

Posted on November 18th, 2008
Written by Richard

Listen to what he says at the end….

“Even with us telling them that the game is rigged, and that there’s no way to win, they’re still going to want to play it. They’ll still try to bet on the game, even if they know it is a con, because they just think they can [...]

Daytrading Energy Conversion Devices, Inc. (Nasdaq: ENER)

Posted on November 18th, 2008
Written by Richard

In the comments, Todd requested that I feature Energy Conversion Devices, Inc. (Nasdaq: ENER). So, here we go….
Two trades, for two wins. The move at the open was rejected due to volume pressure to the upside… looks like there was some buying pressure on the way down, either bottom pickers or short covering. [...]

Daytrading Ultra QQQ ProShares (NYSE: QLD)

Posted on November 17th, 2008
Written by Richard

Cool… I didn’t realize so many ETFs had moved from AMEX to NYSE. Anyway…. reader Todd requested QLD in the comments. Honestly, I prefer stocks to ETFs because the volume flow is less confusing to track, but here we go:

The simple stock system selects 6 entries, of which 4 were clear winners. [...]

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