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Amibroker is pretty good but you need a data feed, which could be a DDE connection from Swordfish ... View more

Maybe because it never got to 30400? ... View more

I'll second that ... View more

you made more than the range so far, absolutely brilliant!! ... View more

You need a CFD account. Click on the "My account" menu then select "Product Registration" and click "CFD Registration" ... View more

ja, but it can be yours for free lol ... View more

No need to apologize, sharing views and debating in a civilized manner is healthy ... View more

hehe, we nit picking here but fact of the matter is when using leveraged instruments you can make more money than with buy and hold and there are a few people that do but if I had the money I'd do the latter as it has far less risk and is far less time consuming. It is the better option I think, but only if you have the money, which I don't. The thing is I can get their quicker by trading with money I can afford to loose at this point in time, but that doesn't make it better, just quicker ... View more

Can you compare the two? How long has Buffet been investing and how long has day trading been possible? I also wouldn't class Bill Gates as an investor as he made his money by building a company rather than investing in a company that was ran by someone else. But that's not the issue here, it's a question of who's more successful, traders or investors. Traders can make more money using leverage and being able to trade both long and short and that's the reality. But at the same time they can also loose more money. However, using the old adage: let winners runs and cut loss losses can go a long long way. ... View more

hehe, that's so very true. I think it's got something to do with most of them being gamblers, picking tops and bottoms and trading against the trend, but that's just my opinion. :) ... View more

Responsibility rests with the individual. Taking responsibility for your own trades goes a long way to becoming a successful trader. And no 20% per month is not a typo. Does that mean investing is a waste of time? If you can stomach the risk to make 20% per month then it might seem that it is. Can you compare investors' success with traders' success? Is there an institution that keeps records of people's trades like they do with investors? I don't know and I do know a few other traders but I don't know their portfolios because I don't care about what they do. It's what I do that matters. I don't know what Simon bases his stats on, could be SSFs or warrants with lower leverage and lower risk that the ALSI that Chartist trades, and when you talking high leveraged instruments like ALSI futures percentage gains become less significant while risk becomes much more significant. If you look at it logically, one ALSI contract costs R17,500 and 20% of that is only R3,500, which is 350 points a month and less than 20 a day. Is it easy? NO! Is it possible? YES! ... View more

Come on guys, lets play nice. We don't need an either or approach to "investing" I'm quite happy making 20% per annum holding stocks long term and making 20% per month trading the ALSI. There's merits in both methods. I don't know why the buy and hold investors think there's no "proven strategies" for trading because there are, one just needs time to develop them. We often hear about this 95% failure rate but the truth of the matter is it's all about risk and risk management and for me that's what most newbies miss ... you can't trade with your deposits on your home or your student loan; you risking your future while you trying to develop a trading strategy that suits your personality. What better solution then to invest in stocks for the long term and trade with a very limited capital until you're comfortable with trading? ... View more

The practice with most of these spread bet companies is place a premium on the spread. The norm seems to be 10 points higher either way. They don't seem be forthright with this information, which is worrisome. I'd get a demo account from them and compare spread prices with the OST where possible. ... View more

They've got results coming out this week so trade with caution. ... View more

Most definitely ... View more

Nope, TA doesn't take up a lot of time. Just about 30 minutes in the evening. ... View more

WHL, BAT, SHF, INP ... View more

Thanks guys, I'll check them out ... View more

What platform are you guys using? What range of data do you have on 1hour charts for the ALSI? DWT only has 5 days, I'm looking for much better than that. Any ideas? ... View more

John, you're a real tease :) but that's probably for the better. We'd need to understand the system to make proper use of it. Personally, I use a system based on Alexander Elders' book "Come into my trading room" ... View more

LOL, I remember those days ... they were some hectic fights in the middle of a booming market ... good times ... View more

Making a profit is my objective but not my obsession. Systems are developed to meet that objective. If my system looses money a couple of times, I need to step back, assess the market, study my system again, change it if necessary and test it. I don't think that's quite the same as sticking to my system, period. But I do get your meaning about sticking to your system to enter and exit a trade... ... View more

What do you mean by trade well? Isn't the measure of trading well reflected by the positive value in your profit/loss column? Making a profit is my primary objective; trading well, i.e. sticking to my system, is my methodology. ... View more

hear, hear! Best advice you'll ever get. ... View more

Well I recon my family and I are ... been earning USD for a good couple of years and putting most of it away. Got into share trading in 2006 which was late in the boom so didn't invest heavily. Still saving most of our income but been investing some of it since December last year and trading futures with a bit as well. ... View more

Ja, I've heard a lot about this smart money that's selling off at the moment ... but the stupid money is still pushing the market to higher highs! Either the smart money is not that smart, or the people calling it the smart money have sold off instead of implementing a trailing stop loss? ... View more

It's a definite maybe. Nobody got a crystal ball so nobody knows. We'd just be guessing. ... View more

Two questions: 1 - What is the direction of the trend? 2 - What is the entry/exit point? Always trade in the direction of hte trend ... View more

Wait for the next opportunity? ... View more

So we'll bottom in March and go away in May? Excuse me if I'm skeptic, but I'll believe it when I see it :( ... View more