Recent content by bkoo869

That said, based on my experience, I'd have to say that if you're looking for a high percentage of winners, the best point goal for the ES is somewhere in the neighborhood of 1.75 to 2.75 points (7 to 11 ticks), with stop loss around 2.25 points (9 ticks).

I have to disagree, but maybe that's because our personalities are different. I tried scalping 1 point for years, but lost consistently, and often brutally. My problems with scalping were these: 1) the "best" (read: most obvious, and fastest to goal) trades were virtually impossible to...

In answer to the poster's original question, yes, that's how it works. Last week, trying a new system, I started with $600 (it was insane, I know from my own experience, but it worked out...this time). By the end of the week, I was up to $1,500, which is almost 200% profit. On the other...

Oh, and one last thing...look up "risk management" in Wikipedia or any good investing/gambling website. Yes, on a winning streak, you will make money faster with low margins. BUT, if you keep increasing the contracts, eventually you will have a major losing day, and that day will be when you...

I've tried both full margin (well, $3000 or so for the ES) and low margins ($500 per contract). I switched to low margins because I was thinking, like everyone else, hey, I can get richer faster! However, my conclusion is that, for a beginner, full margins are definitely better. That's...

I traded futures (mainly ES, but also ER2 back when it existed, and just a little NQ) for a couple of years with MB Trading. You're referring to the MBT Navigator, when you refer to live quotes? As far as I could tell, the quotes matched right up with my eSignal, and I was able to scalp...