Recent content by Jake777

I am also short the DJIA. I shorted YM, 11900+. Good luck to both of us.

what's going on here? why is it halted? anyone know?

Thanks I only know equities, so I definitely plan on trading small, if at all in the beginning. Jake

Anyone know what is going on with platinum? also, can someone recommend a broker for trading commodities? I solely trade equities and index futures (have been for years), and I would like to know more about trading commodities. Maybe there's a good book to read? thanks Jake

It's the zone (I hate saying crap like this, but it's true). It's hard to describe. It's that state of mind when the trade goes in your favor and you get the top price of the move. You saw it before anyone else did. And it turned out the way you thought it was going to turn out. Sometimes it...

Hi. I'm a position trader but I have been looking to get into the ES, to daytrade (to trade in addition to position trading). I have been using T Sim+ as well. I like it. The results have been very good. But the problem I see with T Sim+ is that the order fills are not realistic. I use a...

very good point AAA. I agree. Jake

MRWSM is right. Humility on ET? Yea right. It's gotten beyond annoying now. I thought it would go away after a bit, but it hasn't. It got worse. So many here just seems to pound their chest, screaming, "O, I made the calls, O, I will be back, O, Give me the credit". Credit? Who needs credit...

this market reminds me of the experience by Jesse Livermore in Reminiscence, if I remember correctly. He kept shorting the market, and every time, it went higher, making him cover. To him, there was no reason for the market to go higher. But it went higher and higher until he lost much of...

I think technical analysis works because of reasons other than the reasons people ususally think it works. I do believe that TA works because of validity in the patterns, etc. But I really think it works because it gives, for the first time in many traders' lives, some kind of plan to trade...

Here is what I think. Since we were born, we were told what to do. This was partly good; my mom told me to look both ways before crossing the street, and that probably saved my life many times over. Society was created so we could have rules and that was good - look how much would not have...

I disagree with you, scientist. I think there are some things about trading that are truly glorious and special. I am not the first person to say this. This is an endeavor where people are really given a chance, regardless of who they are and where they come from. You don't need the...

07-22-03 02:09 PM Yes, right. One time I was short Ebay @ about $84 and covered about the same price due to a gap down. Apart, this was a pair trade in combination with the qqqs. The second time I was selling successfully a naked call, which expired worthless. Please check the postings...