Recent content by Mr.B

Is this guy for real? My favorite line is "I must join a fight club." Getting your head kicked in after having no sleep is probably not the best trading strategy. However, this post made me laugh for a good 10 minutes.:)

You may see one or two prints a day at a single price over 150 in the YM but thats about it. Yes there are prints of 150 and up but they will get filled at several different prices due to slippage or lack of liquidity.

The limit size for those index's are 999. However you rarely see any prints greater then 150 in the YM and ER2. The NQ has more liquidity and 100 lots can be traded pretty easily with no slippage unless there is an economic # or FOMC.

I was wondering at what lot size did people seem to start having difficulty getting consistant fills with and only getting partials. For example a 10 lot may get completely filled 95% of the time and a 30 lot may get completely filled 85% of the time. DO you also find it easier to get...

I am 27, I have been trading for almost 1 year come January. I scalp and swing trade the mini dow YM and the mini Crude QM an occasionally the mini gold YG contracts. I was in sales for a manufacturing company for 5 years after college and this is the first time in my life I have enjoyed my job.

Sorry for the spelling error

What is your most consistent trade setup? I would have to say that buying/selling the pullback on the first breakout of momentum/price highs for the day is my most successfully trade. Over the last 12 months this trade has been successful almost 85% of the time.

I have been trading live for 7 months now. I primarily trade the YM and have started to become more consistant. When I started I lost money 4-5 days a week for the first three months. I have started trading 2-3 lotts now and I am able to make money 4-5 days per week without having any major...

Well, things have been going ok. I am still learning and see improvement every day. I have changed markets that seem to fit my personality a little better. I am now trading 2 lots in the Dow YM and I love the volatility it possesses. I am no longer a scalper and have changed my strategy to...

10 ticks is only my stop loss. I am looking to pick up atleast 20 ticks from each trade. Can you explain the "rule of 20" and "20 point batch morves." I have tryed doing a search and have not been able to find anything that explains them. Thanks, B.

Thanks alot for all the feedback. I will test out a 10 tick stop on the sim and we will see how that goes . One thing I feel I am good at is following my stops and my rules. The one thing I need to work on is when to take my profits. I will often allow 10 tick winners to retrace to my point...

I am a newb to the Dow only been trading it for a few months. I have just recently started trading 2 lots. Today was an interesting day. I have been attempting to use a much wider stop than I have been in the past (20 ticks). Well, after my first trade I was down $200 since I was stopped...