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TheRumpledOne

Market Wizard
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Everything posted by TheRumpledOne

  1. I just want as many traders as possible to know there are FREE INDICATORS that are as good, if not better, than the indicators people are selling.
  2. "This Is Your Brain On Trading" that was a great SFO article. Also comparing trading to "only swinging at the pitches you can hit" really hit home ( puns intended ). Trading without thinking is what has to happen... all reaction. Just like hitting a baseball. You don't have time to think - you just see and react. Sometimes you get a hit and sometimes you don't. "Swinging at bad pitches" causes the losing trades. As soon as I do it, I know it. Why do I do it? I get sucked in to the market rather than waiting for the next good pitch. To avoid getting sucked in, I just repeat "wait for your pitch" over and over... that simple. I never concern myself with what others are trading, how much they are making, what systems/indicators they are using, what's the hot trade of the day, etc... I just trade the same stock and currencies day after day after day. It's actually pretty "boring" most of the time. It's only exciting when I mess up!
  3. I added Traders Laboratory: http://en.wikipedia.org/wiki/TradeStation#Free_Indicators Hope you don't mind.
  4. You can find all of my indicators with a quick google search. I posted the TRO Dynamic Fibs SR because it's really the only indicator I use anymore. It shows the dynamic support/resistance, shows me the entry, the stops and gives me fib retracement targets. Use it on the 1 minute and/or 5 minute chart. I scalp trade. With this indicator, you can make hundreds or thousands in the first 1 - 2 hours of trading. Then take the rest of the day off. I am sure my reputation preceeds me...lol :p
  5. TRO Dynamic Fibs SR - ENHANCEMENT I added enhancements to TRO_DYNAMIC_FIBSSR. The iPlotTrade input, when = TRUE, will place a white dot behind the dynamic support/resistance dots. This is your TRADE ENTRY TRIGGER! Notice how many winners and the amount you could have made per share. Lots of "MILK" in that RIMM cow!! I added stop and entry "+" plots. Yellow "+" are the stops. Cyan "+" long entry. Magenta "+" short entry. There are inputs to turn on/off the fib dots and the trade dots. Remember this indicator is DYNAMIC meaning, you'll see "+"s display and then disappear. Example, if you see a cyan "+" for a long entry and then the price hits dynamic resistance then the cyan "+" will disappear because it's now time to consider a long exit and wait for a short entry. I noticed a pattern on the 5 minute charts of AAPL and RIMM. Usually a green candle is followed a green candle after hitting dynamic support and usually a red candle is followed by a red candle of hitting dynamic resistance. If you notice RIMM, you can sometimes take $1 or more per share! DON'T BE GREEDY! ELD attached. TRO_DYNAMICFIBSSR.ELD
  6. TradeStation removed many of my threads on their forum because they don't want you to have my FREE indicators. But a quick google search will take you to the Motherlodes.
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