MC's House of Mirrors

[mcichocki_]

I'll copy over the prior logs for my futures paper trading tomorrow perhaps.
Just wanted to get this thread open to reserve my spot in the TL cyberspace.

[Soultrader]

Hi mcichocki,

You should invest in real-time data. Timing is so important in this game that practicing with delayed data with give you alot of trouble when adjusting.

[brownsfan019]

MC - good idea to get some more charts and postings up! Are you planning to annotate chart and/or provide explanations of trade setups?

[mcichocki_]

	Quote:	Soultrader
	Hi mcichocki, You should invest in real-time data. Timing is so important in this game that practicing with delayed data with give you alot of trouble when adjusting.

I do have real time actually, I just use bigcharts.com to post cause it's free and I can glance at my picks EOD and see the auto updated chart.
I use stockcharts.com RT but they stopped letting you do auto updating embedded charts. Also only stockcharts members could see my charts if I linked them and I dunno who has it and who doesn't.

I dunno why anyone would bother trying to learn off delayed data if they are serious about learning the craft. Ya gotta pay the tuitions to learn how to really play this game. One wouldn't try to bake a cake without a set of baking tools and RT charts are just one of those must have tools.

What I use now is stockcharts.com RT for stocks and market internals.
Really sucks for internals cause it's refreshed every 15 seconds not tick by tick.
Then I use ninja for charting the YM, as that's what I'm paper trading with. (the ninja RT demo account)

I plan on moving to Tradestation when I go live on the YM. (In a week or 2)
Also from reading the MP section here at TL I think I'll keep ninja since it's free, feed it with Tradestation data and buy the TPOchart program for $250.

[mcichocki_]

	Quote:	brownsfan019
	MC - good idea to get some more charts and postings up! Are you planning to annotate chart and/or provide explanations of trade setups?

I used to annotate alot, I guess now I just see what I want in a stock and post it up. If you think members would like more background on why I picked the stock I could throw some info under the links.

[brownsfan019]

	Quote:	mcichocki_
	I used to annotate alot, I guess now I just see what I want in a stock and post it up. If you think members would like more background on why I picked the stock I could throw some info under the links.

In my experience here and on ET, if you want to stimulate discussion and such, then annotations and explanations are useful. If it's more for casual looking, don't worry about it.

[mcichocki_]

CBAK...Nice weekly volume traits, weekly RSI is looking good and weekly macd 12,26 has just crossed 0.

EGMI...Nice weekly volume traits, weekly RSI is looking good BUT weekly trix is kind of worrying me.

ONNN...In a weekly squeeze, decent weekly volume traits and macd just turned up still above 0. Also OBV breakout.

BCON...weekly bull flag with nice daily volume traits. Nice weekly rsi and long term macd is crossing above short term macd.

DLIA...Looks like a weekly reversal pattern with light resistance up to about $5.60. Weekly rsi is about to come out from oversold and weekly Slow stoch as well.

SONS...Looks like a weekly reversal pattern as well. Weekly rsi is about to come out from oversold and weekly Slow stoch as well. Weekly macd is curling up too.

EMC...I missed the breakout but it still has lots of room IMO. Nice weekly volume on it's range breakout. And hell they own VMware.

SGTL...This is the most iffy of the batch but its at the bottom of the channel. I spy weekly divergence but I wouldn't get greedy on a downtrending stock, take a pop and run.

[Soultrader]

What platform are you using?

[mcichocki_]

	Quote:	Soultrader
	What platform are you using?

My broker for stocks is Choicetrade and I just use their website for order entry backed with charts from stockcharts.com.
I haven't traded a stock in several months though as I've been so focused on the futures.

I will be using Tradestation for futures and eventually for stocks as well when I get another $5k to open an equities account with them.

For the paper trading I'm using the Ninja trader with the zenfire 30 day trial demo. It's my 2nd time with that and I also used OEC for their 14 day trial demo.
I'm going on 3 months of YM paper trading using RT demos.

[Soultrader]

Thanks mcichocki. It appears like there is a bug in our system in which it displays the latest threads. Apparently the url's to your charts are expanding our column. Do you think you can save the chart and then use the attachment feature for now until I find a fix to this? Sorry about this.