KmartStud's Trading Disaster

2010-10-15T15:48:00.001-07:00

By Oldtimer (from another website about Roulette)

Hello.I would like to introduce myself.My name in here will be oldtimer.I preface not to use my real name because not only forums members are watching this forum.I like being careful.I am 62 years old and I am playing roulette more than 27 years.I had no idea that the visual prediction was so wide known.I also had no idea that you all called it visual ballistics.I thought that I was the one of the rare cases that I had found this way a lot of years ago.I found my visual prediction way by self.My son found this forum and informed me.I do not know how to use the internet.Maby that was the reason why i didn't t know all this time that this method was wide known.I read all posts here and I understood how you all make a prediction.
Not bad at all.You are doing it almost like my way.Only that you are doing one mistake that I can understand that can cost you loses sometimes.And this mistake is happening because you are aiming at the drop point that it is stronger. The tilted diamond as you all call it in here, is the mistake that can make you lose sometimes.I will try to explain you why.
The jump of the ball is a factor that is vital in wining.By choosing to aim at the diamond that the ball will fall the most of the times as a rule, is not a completely wise move to do. And this is the reason why you must not have problem to play in a wheel that had no dominant drop point. The odds that casinos provide in hitting a number are very ok.if betting 5 numbers per spin you need only 1 victory in 7 attempts.
Please allow me to give you all an example.
Let's say that we are playing in a roulette that has these hits at the diamonds in 10 spins3 at top d2 at low d4 at right d1 at left d
With you way of visual ballistics you would play with the diamond at the right.And who told you that the jump of the ball at the right d is playable?What I am trying to say is that the quantity of the times that will hit 1 d is not the right key to play.The key is the jump that the ball will make in these diamonds.If we will see that the jump of the ball has a better pattern at the top d ,then we must aim at this one.The jump of the ball is being produced by the spot that the ball will hit the diamond.Top part will make a wider and less manageable jump.A center hit will make a good pattern. A lower part hit will make the ball most of the times to stop almost at the pocket that was under the d.This was not a rule of thumb. Different ball and different kind of pockets (high, low, wide,not wide)will make deferent pattern, but there is always a pattern.The victories should not be pleanty,but they should be stable to overcome the casinos edge in long term.Also as you all know in some spins we win by luck ,so this is making things even better.That is why I never cared to play in a wheel that has a strong fall off point.Of course I would never choose the weakest one.But in casinos wheels after 1998 as I can remember there were no tilted roulettes.They know that players that use physics prefare the tilted roulettes so they removed them.Today with my experience the 90 of the 100 roulettes are without a stronger drop point.
So the lesson of this post is that the jump of the ball will show us of which diamond to aim.
you must have a high sence of the particular rotation of the ball.In my case it is a very rare case to miss the correct moment.I think it is matter of training.Some members in here they say that it is hard and cose it impposibe.This is not right.
Also the prediction with a roulette computer in a roulette that is it not tilted in my opinion is useless.The reason is that it adds the same jump no matter at which diamond the ball will hit.Imagine the ball to hit our aiming diamond in 1 spin and the computer to make a mistake in that particular spin and predict with a remaining time that the ball will hit the other diamond .it will be a disaster.Now who can tell us when the ball will hit this diamond again and take the good advantage of the good jump of the ball?As I told u above only 1 diamond will be the key.In the older days ofcourse almost all diamonds hits could make the same jump because the balls that were used were big and heavier.Good old days!And here is a story for you.In the year 1987 I was in my best understandind I had developed my best skills of the game.With the conditions that the roulettes were in that time I managed to closed 4 roulettes tables.They threw a black sheet on the table and they banned me forever in these 4 casinos.The advantage now is smaller...Tiny I would say!Can you all read it properly and take the full of it???This is the question that you should all bother with.It's your choice.I just wanted to share my experiences with you.
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Thank you security man for the welcoming.The thing that I said about the computers was only of what I have understood from all the posts and the videos that I saw in here.I think that I have understood how computer calculates ,but if I am wrong then my judgment is not correct. So I will not say anything about computers anymore .My section is only about visual prediction.
Gigino I really did not understand what u are trying to say.
There are a lot of ways and tricks that you can use in a visual prediction.5 of them are the basic weapons that you must have .1)have strong feeling of the correct moment of prediction.In other words the right rotation of the ball to hit your aiming diamond or diamonds.(I will explain what I mean by that)Without it and even if u know all the other things correct , you just have a machine gun without eyes to use it. 2) You must know the wheel layout like the back of your hand3) You must develop a rhythm to count every 1 second. I never used in my life metronomes as I read in here that players do for rotor calculation. 4) You must know the relationship of the numbers that will be in the advantage positions when the ball will hit any of the diamonds.This is something that none of you in here have ever mentioned!5) You must be able to bet 5 numbers in 2 seconds. I never betted more than 5 numbers.
Here is an other lesson from me.
Every roulette has it s own pattern.I never faced roulette without a pattern.Others had better patterns and was giving me bigger margin, others has smaller one. But every one of them had a pattern.In my early years I was playing only at the easy roulettes, where the margin was bigger and easy to spot.After a lot of successes in these easy roulettes and after having a good bank of the Casinos money I wanted to try in the roulettes with a smaller margin.
The key in these hard roulettes is observation, observation and more observation.From my experience I can say that on average I need about 30 spins to observe clock and 30 anticlock direction to be able to find the correct patterns of each direction.I always play both directions. But the most of the times, except some rare cases, the patterns are different in clock and anticlock direction, so I must use deferent strategy and different aims. The key in these hard roulettes is to be able to split your bets in 2 deferent advantage positions.In other words u must take 2 predictions from different spots in a 2 deferent rotations of the ball.E.g. Aim at the top diamond: the pattern is 12 pockets jump. Aim at the lower diamond is 7 pockets jump.
You must be able to spot the where and when to look to take the predictions.
I knew that someone soon or later was going to ask about these jump patterns. This question was predictable. The reason is because you just allmiss the point that I was explaining in my first post.
I just saw your post and I do not have time now to explain this too, because I posted a lot of things above. In my next post I will try to explain you why the jumps have always a good pattern in 1 diamond and this diamond could be the non tilted one.
I will just tell you in a quick answer.No wheel is perfect!All wheels are tilted, but the tilt is not at the diamonds anymore.It is at the speeds that the ball is hitting the diamonds. In other words the power tha the ball will arrive in that diamond and hit it.
In the old days ofcourse the tilt was so strong that it was affecting the ball in hitting 1 or 2 particular diamonds.Now days the only that is left from the slight tilt is the power that the ball trends to hit each diamond.
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I will try now to explain to you a situation pattern and the reason why it is not always wise to aim at the diamond that it is showing that the ball is hitting most if the times.
Like this pattern there are more patterns, but I can t show you all.It is impossible.You must find them in every roulette, if I would tell you all patterns it would take 10 pages and maybe I would forgot some of them.
So situation.(always clock spins)The roulette is tilted at the Top D.This means that the ball will “try” in every spin to land at the Top D,but because conditions(tilts) are not strong like in the old days,the ball will not land every time at the Top D.That does not mean that the roulette is not tilted!The tilt will be obvious because of the speeds(power) that the ball will hit every D.
From this situation this pattern will happen.
The ball will be landing on the Top D with speed A.The ball will be landing on the Right D with speed slower than speed A because the ball will “try” to land on the Top but because of not so strong tilt the ball will pass the Top D(that it is the tilted one) and will hit the Right D with less speed,less power.The ball will be hitting the left D with faster speed than speed A,because the ball was “trying” to hit the Top D(tilted one) but because of not so strong tilt the ball landed on the previous D .In that situation(pattern) we will consider the Lower D as a “dead” D.But in some situations even this D can have an advantage,but this is more complicated and I will not try to confuse you more because I can understand that these patterns are new to all of you.
So we know Top D speed ARight D speed ALow D= dead (in this example)A is the tilt value.
So from this observation we know that 3 deferent patterns in ball jump will happen.Because each ball speed means different spots of hitting the Ds.
So from this point we observe and find the Best (more stable) jump pattern and we will AIM at the best pattern…
Even if the ball is hitting more on Top D a better ball jump pattern may happen at the Right D ,because the ball hit there will less power and the ball is jumping more manageable. That was just a case…maybe the left D will show better behavior ….Anything can happen…every roulette is deferent.
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No roulette is perfect.When you call a roulette leveled is because you just see how many times the ball hit the Ds.
The how many times a D will be hit has nothing to do with a correct Visual prediction.
In an other situation as I posted before we must split out bets.
I will give a quick example.
Pattern(always clock spins)Top D hit =18 pockets jump averageRight D hit =6 pockets jump avarage
When its time to make prediction aiming the Top D you look at the position of the wheel that the ball will make 18 pockets jump.In the next rotation you are making 1 more prediction by looking really quick in an other place to take advantage of the 6 pockets jump if the ball will land on the Right D.There is nothing bad in splitting the bets. In fact is a really good thing.
Other observations are for Top D and for Low D(opposite Ds) ,or for Right D and Left D.
I will give you a real example that I faced yesterday.
Roulette pattern. In 20 anti clock spins
Top D : 4 hits Low D :5 hitsLeft D : 8 hitsRight D : 3 hits
With your way you would Aim at the Left D(8 hits )
But look what was really happening…
Top D jump : 17,11,spinner,26Low D jump : 7,2,11,9Left D jump : spinner , 12 , spinner , 30 , 21 , spinner , spinner , 0Right D jump: spinner, 6, 22,4
Can you understand which D I chose to AIM?
What if the Left D has more hits? Do you see a jump pattern? No
But if you take a look at the Low D…can you see a pattern?Of course you can.
I started playing and in the same time I was observing if the pattern was continuing to happen. You must never find the pattern and play only this! In mean time maybe another pattern will happen or maybe the existed pattern will finish!
The key:after making the predictions observe ,observe and observe again.
So by playing I observed that the Right D was having a nice patter too, with an average jump of 5 pockets.So I was splitting the bets.
I was not caring If the ball would hit the Low or the Right D,because I had the bets in both places in an advantage position according to this Roulette pattern.
Also who told you that when the ball was not hitting the Ds that I wasn t winning some spins with a little luck?
I just need 1 victory in 7 attempts to be near to even.….It is not hard
VP (visual prediction) is like a sport.Like chess or golf or any game that we need to have a strategy .It does need skills and correct judjment.
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I do not think that I have something to explain in that.
If the correct prediction will be at the 4th rotation you must not predict in any other than the 4th.
thats all.
After some training ,the brain can spot the speeds of the ball.Even if something strange is happening like the ball now in close to the correct speed but it is a little faster or slower this is an indication that the ball will do an extra rotation or 1 less(if the wheel has very strong tilt)or that the ball is going to land in an other D.
I can not teach you anything about that,it is matter of skills.
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Forester you posted :In other words you are saying; you can play perfectly leveled wheel where each of 4 V diamonds in 20 spins will get 5 hits.
Who told you that this wheel was perfectly leveled?You are confused. Like Security man and that is the reason that I am here. To help you with that. If you do not need any help ,then it is ok by me.
I have posted above that " a wheel is leveled for all of you in this forum ,when the ball is landing equal in all Ds.This is a mistake.All wheels have tilt(that we can take advantage of)I do not care if the ball pass the tilted D,because I know that passing the tilted STOP point(vertical D)it means that it will stop with less speed(power)at the next STOP point with PARTICULAR speed(power),and this is giving me a sweet scatter pattern.Now days the tilt is not strong. And the ball reasonably can not fall most of the times from the same D.But it hits the Ds with specific speed.Read my post above about 1 pattern.
As for your questions.Who told you that I bet on every spin?When I am identifying that a ball speed is not going to hit my aiming D (because it was faster or slower than my aiming speed)I do not play that spin OR I am playing it but with an other calculation about an other aiming D.I already posted that above.It is all matter of phisics.SPEEDS and POSITIONS.
I am using rotor indications in relation with the ball to be able to identify the speeds of the ball.Have you even done that???
Also in your example of probability you are forgetting that some of the spins even the spinner ones you will win by luck.
Also who told you that I am playing flat?
There are a lot of things that you do not know as I can understand from your posts.You just play with a simple way: aim at the tilted D.In 1985 this was OK.Now it is not.Casinos are developing.Are you?
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I never posted that spinners will give me or anybody an advantage.haven t you ever won from a spinner?This what I am talking about.It is not sure that If the ball will not land on your aim and will not do the scatter that you need that this spin was 100% a losing spin.
As for ms and numbers I do not care and I have never thought about it.I just see from rotor indications(pockets) if the ball has a good or a bad chance to land on my aims.And from this indication I do not bet or I bet or I am changing my aims.
If you can not seperate the rotations timings then I am sorry,I can not do anything about it
In my play the 7th rotation is the starting point where my indication starts.The 6th is the end of the indication( conclusion).the 5th is a gap between my betting to be able to do the calculations in my head and the 4th is the prediction moment.That is all that I can tell you.
It is a very rare case to miss the correct rotation.With my experience + the rotor idications it is almost impossible to miss the correct moment.
I do not know anything about crocodiles.So i am afraid that I can not help you with that.
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If you read properly in my above post for that game that i did in this roulette, I did not played only with the 1D.
read again and you will see that as the game was developing I used a second aim(D) too.,because I found a second pattern advantage .
I am sorry if your kind play is poor (only 1 dimention) for the existing condidtions.That does not mean that there is not a more advanced game.
If you feel that I am a lier or something then it is better not to post here again.I just wanted to help you with some issues,because I read that you all play with a primary Visual Prediction method that it is not enough these days.
its your call.
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this question is already covered in all my posts.
I do not aim always at the strong D.I am aiming at the best scatter pattern.Now if the strongest D has the best scatter pattern,I am aiming at it.But it is not always the case.
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Roulette

2010-01-06T11:26:00.000-08:00

10 Signs of Economic Recovery

2009-05-12T15:21:00.000-07:00

1) Home Sales - http://www.nahb.org/ HMI
2) Unemployement - Stabilizes over 2 to 3 months and sink downward. http://www.bls.gov/
3) Temporary Jobs - It should start increasing. http://www.bls.gov/
4) Car Sales - Start increasing.
5) Retail Sales - http://www.census.gov/. Start increasing. Walmart, Norstrom.
6) Interest Rate Spread - Should start narrowing.
10 yr Treasury Bond= 3%, 10yr Corporate Bond= 7%, = 4% Spread. Jumbo Mortgage plus/minus 1.5% above Conforming Mortgage to 0.5%.
7) Pasta Indicator - Pasta Sales start to slow. Track stock AIPC.
8) Cardboard - As package to buy increases, Liner Board price increases. Track stock symbols: SSCC (Smurfit-Stone Container Corp), IP(International Paper)
9) Sweet-Talking Bill Collectors - They start decreasing and won't you let off that easily anymore. http://www.creditcard.com/.
10) Movie Ticket Sales - Start increasing. http://www.ercboxoffice.com/.

http://www.stockfetcher.com/
/*Bullish Swing Trade*/
and close is above 5
and average volume(60) is above 200000
and High is below than High 1 day ago
and High 1 day ago is below High 2 day ago
and MA(10) is above EMA(30)
and close is below MA(10)
and close is above EMA(30)
/*and close is above MA(200)*/
/*and MA(50) is above EMA(150) */

/*Show stocks where lower bollinger band(20) has been increasing over the last 3 days

and upper bollinger band(20) has been decreasing over the last 3 days*/

and ADX(10) is above 20

/*Bullish Swing 2*/
and Close is above 5
and average volume(60) is above 200000
and High is below than High 1 day ago
and High 1 day ago is below High 2 day ago
and MA(5) is above EMA(20)
and Close is below MA(5)
and Close is above EMA(20)
and MA(50) above MA(200)
and ADX(10) is above 20

/*Bearish Swing Trade*/
and close is above 5
and average volume(60) is above 200000
and Low is above than Low 1 day ago
and Low 1 day ago is above Low 2 day ago
and MA(10) is below EMA(30) and close is above MA(10)
and close is below EMA(30)
/*and close is below MA(200) */
/*and MA(50) below EMA(150) */
and ADX(10) is above 20

/* Bearish Swing 2 */
and Close is above 5
and average volume(60) is above 200000
and Low is above than Low 1 day ago
and Low 1 day ago is above Low 2 day ago
and MA(5) is below EMA(20)
and close is above MA(5)
and close is below EMA(20)
and MA(50) is below MA(200)
and ADX(10) is above 20

2009-02-09T12:59:00.000-08:00

ETF Summary by Leavitt Brothers
updated January 12, 2008
(new additions: DZK, DPK (developing markets); EDC, EDZ (emerging markets); TYH, TYP (Russell 1000 technology); MWJ, MWN (Russell Midcaps) - none of these have much volume yet)
US Indexes
DIA Dow30 long
DOG Dow30 short
DDM Dow30 2x long
DXD Dow30 2x short

ONEQ Nasdaq

QQQQ Nasdaq100 long
PSQ Nasdaq100 short
QLD Nasdaq100 2x long
QID Nasdaq100 2x short

OEF SP100
IOO SP100 Global

SPY SP500 long
SH SP500 short
SSO SP500 2x long
SDS SP500 2x short
IVV SP500
IWV SP500 Growth
IVE SP500 Value

MDY SP400 long
MVV SP400 short
IJH SP400
MVV SP400 2x long
MZZ SP400 2x short
IJK SP400 Growth
IJJ SP400 Value

IJR SP600 long
SDD SP600 2x short
IJT SP600 Growth
IJS SP600 Value

IWB Russell1000
IWF Russell1000 Growth
SFK Russell1000 Growth 2x short
IWD Russell1000 Value
SJF Russell1000 Value 2x short
BGU Russell1000 3x long
BGZ Russell1000 3x short
TYH Russell 1000 technology 3x long
TYP Russell 1000 technology 3x short

IWM Russell2000 long
RWM Russell2000 short
UWM Russell2000 2x long
TWM Russell2000 2x short
TNA Russell2000 3x long
TZA Russell2000 3x short
IWO Russell2000 Growth
SKK Russell2000 Growth 2x short
IWN Russell2000 Value
SJH Russell2000 Value 2x short

IWV Russell3000
IWZ Russell3000 Growth
IWW Russell3000 Value

IWC Russell MicroCap
IWR Russell MidCap
MWJ Russell Midcap 3x long
MWN Russell Midcap 3x short
IWP Russell MidCap Growth
SDK Russell MidCap Growth 2x short
IWS Russell MidCap Value
SJL Russell MidCap Value 2x short

VTI Vanguard Total Market
VUG Vanguard Growth
VTV Vanguard Value
VV Vanguard Large Cap
VO Vanguard MidCap
VB Vanguard SmallCap
VBK Vanguard SmallCap Growth
VBR Vanguard SmallCap Value

PWB Dynamic Large Cap
PWJ Dynamic MidCap Growth
DVY Dow Select Dividend

RSP Rydex SP Equal Weight

Word Indexes
EWA Australia
EWO Austria
EWK Belgium
EWZ Brazil
BIK BRIC 40
EWC Canada
FXI China
GXC China
PGJ China
CHN China
FXP China 2x short
EEB BRIC
EWQ France
EWG Germany
EWH Hong Kong
INP India
IFN India
EWI Italy
EWJ Japan
EWV Japan 2x short
EWM Malaysia
EWW Mexico
RSX Russia
EWS Singapore
EZA South Africa
EWY South Korea
EWP Spain
EWD Sweden
EWL Switzerland
EWT Taiwan
EWU United Kingdom

ILF Latin American 40
EPP Pacific ex-Japan
VGK European
FEZ Euro STOXX 50
IEV Europe 350
VEA Europe Pacific
VEU All World ex-USA
VPL Pacific
IOO Global 100

DZK Developed Markets 3x long
DPK Developed Markets 3x short

EEM Emerging Markets
VWO Emerging Markets
EDC Emerging Markets 3x long
EDZ Emerging Markets 3x short
ADRE Emerging Markets 50
EUM Emerging Markets short
EEV Emerging Markets 2x short

PID Int'l Dividend Achievers

Commodities
XLB Materials
IYM Basic Materials
SMN Basic Materials 2x short
GSG Commodities
RJI Commodities
DBC Commodities
RJA Commodities - Ag
DBA Commodities - Ag
UCD Commodities 2x long
CMD Commodities 2x short

GDX Gold
GLD Gold
IAU Gold
DGP Gold 2x long
UGL Gold 2x long
DZZ Gold 2x short
GLL Gold 2x short

SLV Silver
AGQ Silver 2x long
ZSL Silver 2x short

XME Metals & Mining
IGE Natural Resources
SLX Steel
KOL Coal
DBB Base Metals

PHO Water Resources
CGW Claymore SP Global Water
TAN Solar Energy

IYE Energy
XLE Energy
OIH Oil Services
XOP Oil & Gas Exploration & Production
DIG Oil & Gas 2x long
DUG Oil & Gas 2x short
USO United States Oil
IEO US Oil & Gas
UNG United States Natural Gas
OIL Crude Oil long
DXO Crude Oil 2x long
UCO Crude Oil 2x long
SCO Crude Oil 2x short
DTO Crude Oil 2x short
ERX Russell1000 Energy 3x long
ERY Russell1000 Energy 3x short

US Sectors
PPA Aerospace & Defense
KBE Banks
IAT Banks, Regional
KRE Banks, Regional
RKH Banks, Regional
BBH Biotech
XBI Biotech
BDH Broadband
IAI Broker-Dealers
KCE Capital Markets
PBW Clean Energy
XLY Consumer Discretionary
SZK Consumer Goods 2x short
IYC Consumer Services
SCC Consumer Services 2x short
XLP Consumer Staples
IYG Financial Services
IYF Financials
VFH Financials
XLF Financials
UYG Financials 2x long
SKF Financials 2x short
FAS Russell1000 Financials 3x long
FAZ Russell1000 Financials 3x short
MOO Global Agribusiness
XLV Health Care
RXD Health Care 2x short
IHF Healthcare Provider
ITB Home Construction
XHB Home Construction
XLI Industrials
SIJ Industrials 2x short
VGT Information Technology
KIE Insurance
HHH Internet
IAH Internet Architecture
IBB Nasdaq Biotech
IGN Networking
PPH Pharmaceutical
IYR Real Estate
RWX Real Estate
URE Real Estate 2x long
SRS Real Estate 2x short
ICF Realty Majors
RWR REIT
VNQ REIT
RTH Retail
XRT Retail
IGW Semiconductors
SMH Semiconductors
SSG Semiconductors 2x short
IGV Software
SWH Software
IGM Technology
IYW Technology
XLK Technology
REW Technology 2x short
IYZ Telecom
TTH Telecom
IYT Transports
UTH Utilities
XLU Utilities
SDP Utilities 2x short

Currencies
FXA Australian Dollar
FXB British Pound Sterling
FXC Canadian Dollar
FXE Euro
FXY Japanese Yen
FXM Mexican Peso
FXS Swedish Krona
FXF Swiss Franc
UUP US Dollar long
UDN US Dollar short
ULE Euro 2x long
EUO Euro 2x short
YCL Yen 2x long
YCS Yen 2x short

Fixed Income
AGG Aggregate Bond
BND Total Bond Market
BWX Intl Treasury Bond
IEF Lehman 7-10 Year Treasury
LQD Invest Grade Corp Bond
SHY 1-3 Year Treasury Bond
TIP TIPS Bond
TLT 20+ Year Treasury Bond
TBT 20+ Year Treasury Bond 2x short

Economic Indicators

2008-09-12T13:52:00.000-07:00

Very Important
1) ISM: Institue for Supply Management Manufacturing Survey
10AM, 1st business day of the month. www.ism.ws

2) Employment Situation:
1st Friday each month.
8:30AM. www.stats.bls.gov

3) PPI: Producer Price Index
8:30AM. 2 to 3 weeks after reporting month ends. www.bls.gov

4) CPI: Consumer Price Index
8:30AM. 2nd or 3rd week. www.bls.gov

5) FOMC: Federal Open Market Commitee Statement
2:15PM. 8 times per year. www.federalreserve.gov/fomc

Important
1) ADP: National Employment Report
8:15AM. 2 days before 1st Friday of month of Employment Situation.
Usually 1st Wednesday of the month. www.adpemploymentreport.com

2) Weekly Unemployment Claim:
Every Thursday for previous week's.
8:30AM. www.ows.doleta.gov

3) Retail Sales:
2 weeks after the month ends.
8:30AM. www.census.gov

4) Durable Goods Order:
3 to 4 weeks after the month.
8:30AM. www.census.gov

5) Personal Income & Spending:
4 weeks after the month.
8:30AM. www.bea.gov

Trading Tips

2008-07-20T14:34:00.000-07:00

Plan your trades. Trade your plan
Keep records of your trading results.
Keep a positive attitude, no matter how much you lose.
Don't take the market home.
Successful traders buy into bad news and sell into good news.
Successful traders are not afraid to buy high and sell low.
Successful traders have a well-scheduled planned time for studying the markets.
Successful traders isolate themselves from the opinions of others.
Continually strive for patience, perseverance, determination, and rational action.
Limit your losses - use stops ! ( mental imo )
Never Cancel a stop loss order after you have placed it!
Place the stop at the time you make your trade.
Never get into the market because you are anxious because of waiting.
Avoid getting in or out of the market too often.
Losses make the trader studious - not profits. Take advantage of every loss to improve your knowledge of market action.
The most difficult task in speculation is not prediction but self - control. Successful trading is difficult and frustrating. You are the most important element in the equation for success.
Always discipline yourself by following a pre - determined set of rules.
Remember that a bear market will give back in one month what a bull market has taken a three months to build.
Don't ever allow a big winning trade to turn into a loser. Stop yourself out if the market moves against you 20% from your peak profit point.
You must have a program, you must know your program, and you must follow your program.
Expect and accept losses gracefully. Those who brood over losses always miss the next opportunity, which more than likely will be profitable.
Split your profits right down the middle and never risk more then 50% of them again in the market.
The key to successful trading is knowing yourself and your stress point.
The difference between winners and losers isn't so much native ability as it is discipline excercised in avoiding mistakes.
In trading as in fencing there are the quick and the dead.
Speech may be silver but silence is golden. Traders with the golden touch do not talk about their success.
Dream big dreams and think tall. Very few people set goals too high. A man becomes what he thinks about all day long.
Accept failure as a step towards victory.
Have you taken a loss? Forget it quickly. Have you taken a profit? Forget it even quicker! Don't let ego and greed in hibit clear thinking and hard work.
One cannot do anything about yesterday. When one door closes, another door opens. The greater opportunity always lies through the open door.
The deepest secret for the trader is to subordinate his will to the will of the market. The market is truth as it reflects all forces that bear upon it. As long as he recognizes this he is safe. When he ignores this, he is lost and doomed.
It's much easier to put on a trade than to take it off.
If a market doesn't do what you think it should do, get out.
Beware of large positions that can control your emotions. Don't be overly aggressive with the market. Treat it gently by allowing your equity to grow steadily rather than in bursts.
Never add to a losing position.
Beware of trying to pick tops or bottoms.
You must believe in yourself and your judgment if you expect to make a living at this game.
In a narrow market there is no sense in trying to anticipate what the next big movement is going to be - up or down.
A loss never bothers me after i take it. I forget it overnight. But being wrong and not taking the loss - that is what does the damage to the pocket book and to the soul.
Never volunteer advice and never brag of winnings.
Of all speculative blunders, there are few greater than selling what shows a profit and keeping what shows a loss.
Standing aside is a position.
It is better to be more interested in the market's reaction to new information that in the piece of news itself.
If you don't know who you are , the markets are an expensive place to find out.
In the world of money, which is a world shaped by human behavior, nobody has the foggiest notion of what will happen in the future. Mark that word - Nobody! Thus the successful trader does not base moves on what supposedly will happen but reacts instead to what does happen.
Except in unusual circumstances, get in the habit of taking your profit too soon. Don't torment yourself if a trade continues winning without you. Chances are it won't continue long. If it does, console yourself by thinking of all the times when liquidating early reserved the gains that you would have otherwise lost.
When the ship starts to sink, don't pray - jump.
Lose your opinion - not your money.
Assimilate into your very bones a set of trading rules that works for you.

2008-05-31T08:16:00.000-07:00

1R to 3R

2008-05-24T21:09:00.000-07:00

@10.00
200 Buy $10 Stop, Limit $10.01
200 Sell Limit $10.60
200 Sell Stop $9.80
@10.20 = 1R
Move Sell Stop @9.98
@10.40 = 2R
Move Sell Stop @10.18
@10.60 = 3R
Move Sell Stop @10.38

Or @10.00
200 Buy $10 Stop, Limit $10.01
200 Sell Limit $10.60
200 Trailing Stop $0.22

1R = $0.40 Risk
3R= $1.20 Target (3:1 Ratio)

$120/day Target, $60-$40 Risk:
100 shares, $1.20 Target, $0.60 Risk -> $0.40 Risk
200 shares, $0.60 Target, $0.30 Risk -> $0.20 Risk
400 shares, $0.30 Target, $0.15 Risk -> $0.10 Risk
600 shares, $0.20 Target, $0.10 Risk
800 shares, $0.15 Target, $0.08 Risk
1000 shares, $0.12 Target, $0.06 Risk
1200 shares, $0.10 Target, $0.05 Risk

$25k,
0.25%= $62.5 Max Risk
0.50%= $125 Target
1%= $250
5%= $1250
10%= $2500

5 days/1wk
20 days/4wks/1mth
240 days/48wks/12mth/1yr

$20/day, $100/wk, $400/mth, ~$5k/yr
$40/day, $200/wk, $800/mth, $10k/yr
$60/day, $300/wk, $1200/mth, $15k/yr
$80/day, $400/wk, $1600/mth, $20k/yr
$100/day,$500/wk, $2000/mth, $25k/yr

$120/day, $600/wk, $2400/mth, $30k/yr
$140/day, $700/wk, $2800/mth, $35/yr
$160/day, $800/wk, $3200/mth, $40k/yr
$180/day, $900/wk, $3600/mth, $45k/yr
$200/day, $1000/wk, $4000/mth, $50k/yr

$220/day, $1100/wk, $4400/mth, $55k/yr
$240/day, $1200/wk, $4800/mth, $60k/yr
$260/day, $1300/wk, $5200/mth, $65k/yr
$280/day, $1400/wk, $5600/mth, $70k/yr
$300/day, $1500/wk, $6000/mth, $75k/yr

$320/day, $1600/wk, $6400/mth, $80k/yr
$340/day, $1700/wk, $6800/mth, $85k/yr
$360/day, $1800/wk, $7200/mth, $90k/yr
$380/day, $1900/wk, $7600/mth, $95/yr
$400/day, $2000/wk, $8000/mth, $100k/yr

Read this before making any trade

2008-04-29T05:27:00.000-07:00

1. Wait until market settles down in a range to go to the opposite direction
2. Trade in the direction of 30 min stoch of /NQ.
3. 5 min Stoch. Buy on bottom. Sell on top.
4. When in a triangle range, stand aside and wait for breakout w/ high volume first. Place a buy-stop-limit order in the right direction and wait and stand aside.
5. Just wait if you are unsure about the direction of the breakout.
6. Set a target and stick to it. Don't be greed. Take small profit but safe trades. Use PreviousTop, Swing Rule, Fibo, ABC Projection.
7. Only 200 QID for now. Prove that you can do well with it for a whole week and then increase the size to 300, 400, and so on.
8. Get out quickly when it broke out with a low volume.
9. 200 shares of QID. 0.10 gain is $18. Stick with 0.10 and master it.
$18 in the morning. $18 in the afternoon. Total of $36 per day as a goal. $180 per week. $720 per month. $8640 per year. That's not bad.
10. Bracket Order:
Breakout at 43.16
200 Buy Stop @ 43.20 limit 43.21
200 Sell Limit @ 43.30
200 Sell Stop @ 43.08

11. Stick to the plan. If you do that even if you win or lose, you still win because you controlled yourself against impulsive your emotions and you stuck to the plan. That's what counts. You won against yourself.

Useful financial definitions

2008-04-05T07:53:00.000-07:00

BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
BEAR MARKET -- A 6 to 18-month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex.
MOMENTUM INVESTING -- The fine art of buying high and selling low.
VALUE INVESTING -- The art of buying low and selling lower.
P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing.
BROKER -- What my broker has made me.
STANDARD & POOR -- Your life in a nutshell.
STOCK ANALYST -- Idiot who just downgraded your stock.
STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves.
FINANCIAL PLANNER -- A guy who actually remembers his wallet when he runs to the 7-11 for toilet paper and cigarettes.
MARKET CORRECTION -- The day after you buy stocks.
CASH FLOW -- The movement your money makes as it disappears down the toilet.
YAHOO -- What you yell after selling it to some poor sucker for $240 per share.
WINDOWS 2000 -- What you jump out of when you're the sucker that bought Yahoo at $240 per share.
INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
PROFIT -- Religious guy who talks to God.

Other Country's Exchange Time

2008-03-28T04:55:00.000-07:00

Other Country's Exchange Time

Japan: 9AM-11AM & 12:30PM-3PM(14 hrs ahead, US 7PM-1AM)

http://www.tse.or.jp/english/index.html

Australia: 10AM-4PM(14 hrs ahead of EST, US 8PM-2AM)

http://www.asx.com.au/

Taiwan: 9AM-1:30PM(13 hrs ahead of EST, US 8PM-12:30AM)

http://www.tse.com.tw/en/

Singapore: 9AM-12:30PM & 2PM-5PM(13 hrs ahead of EST, US 8PM-4AM)

http://www.ses.com.sg/

Korea: 9AM-3PM(13 hrs ahead of EST, US 8PM-2AM)

http://www.kse.or.kr/index.html

Malaysia: 9AM-12:30PM & 2:30PM-5PM(13 hrs ahead of EST, US 8PM-4AM)

http://www.klse.com.my/

China:9:30AM-11:30AM & 1PM-3PM, (13 hrs ahead of EST, US 8:30PM-2AM)

Hong Kong: 10AM-12:30PM & 2:30PM-4PM(13 hrs ahead of EST, US 9PM-11:30AM & 1:30AM-3AM)

http://www.hkex.com.hk/

Indonesia: 9:30AM-12PM & 1:30PM-4PM(12 hrs ahead of EST, US 9:30PM-4AM)

http://www.jsx.co.id/

Philippines: 9:30AM-12PM(12 hrs ahead of EST, US 9:30PM-12AM)

http://www.pse.org.ph/

Thailand: 9:55AM-12:30PM & 2:25PM-5PM(12 hrs ahead of EST, US 9:55PM-5AM)

http://www.set.or.th/en/index.html

Belgium: 9AM-5PM (6 hrs ahead of EST, US 3AM-11AM)

http://www.euronext.com/home/0,3766,1732,00.html

France: 9AM-5:35PM (6 hrs ahead of EST, US 3AM-11:35AM)

http://www.euronext.com/home/0,3766,1732,00.html

Germany: 9AM-8PM, Xetra 9AM-5:30PM(6 hrs ahead of EST, US 3AM-11:30AM & 2PM)

http://deutsche-boerse.com/INTERNET/EXCHANGE/index_e.htm

Sweden(Stockholm Ex): 9AM-5:20PM (6 hrs ahead of EST, US 3AM-11:20AM)

http://www.stockholmsborsen.se/index.asp?lang=eng

United Kingdom(London Ex): 8:30AM-4:30PM (5 hrs ahead of EST, US 3:30AM-11:30AM)

http://www.londonstockexchange.com/

Italy: 9:30AM-5:30PM (6 hrs ahead of EST, US 3:30AM-11:30AM)

http://www.borsaitalia.it/homepage/homepage.en.htm

Netherlands(Amsterdam Ex): 9AM-5:30PM (6 hrs ahead of EST, US 3AM-11:30AM)

http://www.aex.nl/aex.asp?taal=en

Spain(Madrid): 9AM-5:30PM (6 hrs ahead of EST, US 3AM-11:30AM)

http://www.borsabcn.es/bolsabcn/navegacion.nsf/vweb/p_eng?OpenDocument

Switzerland(Zurich): 9AM-5:30PM (6 hrs ahead of EST, US 3AM-11:30AM)

http://www.swx.com/index_en.html

US(NY): 9:30AM-4PM

Canada(Toronto): 9:30AM-4PM

http://www.euronext.com/home/0,3766,1732,00.html

Mexico(Mexico City): 8:30AM-3PM (1 hr behing EST, US Same)

http://www.bmv.com.mx/

Brazil: 11AM-6PM (2 hrs ahead of EST, US 9AM-4PM)

http://www.bovespa.com.br/

Stockfetcher.com's Scans

2008-03-12T17:43:00.000-07:00

/*Bullish Swing Trade*/
and close is above 5
and average volume(60) is above 200000
and High is below than High 1 day ago
and High 1 day ago is below High 2 day ago
and MA(10) is above EMA(30)
and close is below MA(10)
and close is above EMA(30)
/*and close is above MA(200)*/
/*and MA(50) above EMA(150) */
and ADX(10) is above 20

/*Bearish Swing Trade*/
and close is above 5
and average volume(60) is above 200000
and Low is above than Low 1 day ago
and Low 1 day ago is above Low 2 day ago
and MA(10) is below EMA(30)
and close is above MA(10)
and close is below EMA(30)
/*and close is below MA(200) */
/*and MA(50) below EMA(150) */
and ADX(10) is above 20

/* Gap Up Scan */
and open is above close 1 day ago
and close is above 10and Average Volume(30) is above 1500000
and close is above MA(20)
and close is above MA(200)
and open is more than 0.5% above close 1 day ago
and Volume is more than 25% above Volume 1 day ago
and Volume is above 100000

/* Gap Down Scan */and open is below close 1 day ago
and close is above 10and Average Volume(30) is above 1500000and close is below MA(20)
and close is below MA(200)
and open is more than 0.5% below close 1 day ago
and Volume is more than 25% above Volume 1 day ago
and Volume is above 100000

/*Bullish Intermediate Term*/
and close is above 10.00
and average volume(30) is above 2000000
and Show stocks where MACD Fast Line(10,42,16) is above MACD Slow Line(10,42,16)
and Show stocks where Slow Stochastic(3,3) Fast %K is below 40
and draw Slow Stochastic(3,3) Fast %K line at 20
and draw Slow Stochastic(3,3) Fast %K line at 80
and Show close is above EMA(55)
and Show close is above EMA(200)
and EMA(55) is increasing
and EMA(200) is increasing
and draw EMA(5)
and draw EMA(21)
/*and draw Bollinger(21) */
/*and draw ADX(10) is above 20 */
/*and beta is above 2 */

/*Bearish Intermediate Term*/
and close is above 10.00
and average volume(30) is above 2000000
and do not draw Average Volume(30)
and Show stocks where MACD Fast Line(10,42,16) is below MACD Slow Line(10,42,16)
and Show stocks where Slow Stochastic(3,3) Fast %K is above 60
and draw Slow Stochastic(3,3) Fast %K line at 20
and draw Slow Stochastic(3,3) Fast %K line at 80
and EMA(55) is decreasing
and EMA(200) is decreasing
and Show close is below EMA(55)
and Show close is below EMA(200)
and draw EMA(5)
and draw EMA(21)
/*and draw Bollinger(21) */
/*and draw ADX(10) is above 20 */
/*and beta is above 2 */

/*Someone's Swing Trader Filter*/
Average Volume(20) above 500000
and Close above 12 and MA(10) above Close
and MA(20) above Close
and Force Index(3) below 0
and Force Index(13) above 0
and ADX(20) above 30
and +di(20) is greater than -di(20)
and MA(10) above MA(20) and Close decreasing for the last 2 Days

/*Show stocks where high reached a new 1 year high within the last 2 weeks*/
and close has been above ma(50) for the last 45 days
and close is below ma(10)
and close is below ma(20)
and close is above ma(50)
and low has been increasing for the last 1 days
and Average Volume(90) is above 500000
and price is between 50
and 500 and draw ma(10)
and draw ma(20) and draw ma(50)
and stock has a beta above 1.5 and stock is optionable

/* Swing Scan: */
and Close above 3.00and Average Volume(30) above 250000 do not draw Average Volume(30)
/*and stock is optionable*/
and MA(10) above Lowand MA(10) above MA(30) for last 30 daysand High above MA(30)
/*and stock has a beta above 2.0 */
and draw ADX(10)

/* Unfilled Gap Up General Scan*/
Close above 5
and Close below 80
and Average Volume(30) above 500000/*
and stock is optionable*/
and draw MA(8)and draw MA(21)/*
and MA(8) is above MA(21) for last 30 days*/
and Low 2 day ago is above High 3 day ago
and Volume 2 day ago is more than 25% above average volume(30)

/* Unfilled Gap Down General Scan*/
Close above 5
and Close below 80
and Average Volume(30) above 500000
/*and stock is optionable*/
and draw MA(8)
and draw MA(21)
/*and MA(8) is above MA(21) for last 30 days*/
and High 2 day ago is below Low 3 day ago
and Volume 2 day ago is more than 25% above average volume(30)

Elder's Trading Plan

2008-02-11T07:36:00.000-08:00

1) Market Trading Strategy
2) Money Management
3) Record Keeping
4) Mind (Discipline)
------------------------------------------------
1) Market Trading Strategy
Triple Screen Strategy.
Using Weekly as long term, Daily as intermediate, Hourly as Short Term.
Target, Stops.

A) Weekly(Hourly):
Look for EMAs rising.
Look for MACD-H ticking up on positive side.
Look for MACD line turning upward for uptrend.
Look for long term Stochastic rising.
Look for ADX over 25.

B) Daily(10-min):
Look for short term Stochastic hitting the bottom.
Look for MACD-H on negative side and hitting the bottom and ticking up to break out.
Wait until Hourly long term Stochastic hits the bottom.
Wait until narrowing inside bar getting closer to 10 EMA.

C) Hourly(3-min):
Look for breaking out above EMAs and pulling back.

D) Stop Loss: Place stop below yesterday's or today's, which ever is lower.
E) Target:
1st Target: BreakOut + (Breakout - StopLoss)
2nd Target: (PriorHigh - PriorLow) + CurrentLow

Train Yourself

2007-08-30T15:18:00.000-07:00

I learned not to trade with any low volume stocks no matter how attractice it is. Now I am getting used to always using Buy-Stop-Limits.

1)Practice taking loss. Sell out when it drops -7% no matter what. Maximum loss of -2% of total balance.
2)Practice getting a good entry.(I am at this point)
Buy Stop-Limit entry no matter what. Forget about getting profits.
Try scale orders. Multiple orders above breakouts.

after you master these 2, then,

3)Practice breaking even. As soon as price breaks out, move Sell Stop to even level. Don't take any profits yet. Don't lose profits either. Keep breaking even until you get sick of it.

4)Practice taking profit from +1% of the stock move.
Then, practice taking +2%. Then, +3% and etc...

Follow this rule no matter what!

2007-07-14T11:56:00.000-07:00

1. Buy only via Buy Stop-Limit orders.
Do not enter a trade during market hours. Place Buy-Stop-Limit orders before or after trading hours to avoid getting sucked in to trading emotionally during trading hours.
For now, only focus on entering the trade. You have to learn to be patient and practice more on when and where to enter.
Only spend 25% of total equity on any one stock. Total = $5000. $1250 on one stock.

2. As soon your Buy-Stop order fills, place Sell-Stop order accordingly:
A: If it keeps moving up,
place 1/2 of shares right above break-even point and 1/2 of shares about 50% above break-even to take profit.
Keep monitoring to raise 1/2 Sell-Stop for profit.

B: If it keeps moving down after it filled and you missed placing Sell-Stop at break-even,
place Sell-Stop order on the lowest of the past 2 days range or within -4% to -6% or right below reasonable support. Never place more than -15%.
Try not to risk more than $100 (2% of total account) or around there.

3. When the price moves back above break-even point, place Sell-Stop at right above break-even point.

4. When the price does NOT move up for many days, be patient and study the market direction. Make

5. After the break-out, if the general market is bearish, sell all shares for some profit. If general market is bullish, 1/2 on break-even, keep raising 1/2 on 50% profit.

6. Try to SELL on highly volatile days. BUY on lowly volatile days.
You want to buy stocks when nobody wants it and sell stocks when everybody wants it

7. Try to avoid any kind of losses. Try to break-even or take 50% small profit. If loss is unavoidable, try to cut losses less than $100.

8. Just try to practice enter correctly until you become displined and become expert.

Wait until 10:30am to place any orders

2007-06-22T07:27:00.000-07:00

Remember, buy only from breakout buy stop-limit orders!!!
When it breaks out, b/w 10:30am-11am, take 1/2 of shares' profit and place sell stop above filled price and wait to see if it goes up or down.
If it goes up, buy 1/2 or more shares. See volumn.
If it goes down, get sell stopped at even price.

What I learned so far

2007-06-21T15:29:00.000-07:00

1. Don't enter trade unless it's from a breakout which you had setup Buy Stop-Limit orders.
2. Raise 1/2 of shares' sell-stop to 50% of the gains just in case it breaks down next day. If the volumn was not big, try selling all the next day.
3. Buy more on pull back. If there was a big volumn, buy a little more.
4. Don't buy stocks all at once. No more than maximum of 5.
5. Try to take 10% profit as the target on bull days and 5% on bear days. When around +10% or +5%, sell half and raise 1/2 of the shares' sell-stop very tight below a support above break-even price.
6. Buy only industry leader stocks. Top 1-3 companies of the top 1-3 industries.
7. From $10,000 account. Buy each stocks for $2000. Maximum of 5 stocks.
8. If you missed the breakout, wait for a pull back. Watch the volumn. If it's the industry leader, buy within %5 of the breakout.
9. Place initial sell-stops very close to the initial breakout buys. Within -5%, put it at the today's or previous day's low or lower support within -5%.
10. Get out if lost more than $100 out of $2000 worth of shares in one stock. Max. loss is 0.5%.