Recent content by Mr_F

Pattay I have been going through a long long learning curve and understand what you are experiencing. As I look back, all that time I was searching for a strategy that works and was losing losing losing. About three months ago, I started playing the gaps to close on the ES and found it to...

yes i guess he set me straight:D something that really does not click with me is that bush is dismissive of any concern over deficit spending...his tax cuts and increased spending....it is troubling and i wonder if a global financial collapse is coming. i have read that central banks...

Uh, hope that was all tongue in cheek unless you liked the trailer park trash squatting in the white house....that sold nuke secrets to the chinese, that engineered a f***ked-up agreement with n. korea, that refused the handover of ubl, that rented out rooms in the whitehouse, that...

thats why we have laws against things impossible....right?:D

Those who cry for peace, cry in vain. Do you not remember VP Chaney said shortly after 9/11 that we will not see an end to war perhaps in our lifetime. We were at war before 9/11 but did not know it. For the first time in the history of the world, just one man carrying biological, chemical...

Now I understand. Thanks for the explanation and thanks to others who responded...:cool: Good luck and good trading...:)

Quah, maybe this is the right question. Why is the SP worth $250 a point? (i note the SP and ES prices appear to be apples to apples) Thanks:confused:

I understand how to caculate profit/loss on the the ES using the $50 multiplier. However, I cannot wrap my mind around the method by which we come up with the 50 multiplier. Can someone please reconcile this in a simple and easy to understand way? :confused:

Gordon, i use qcharts - used to use ravenquote in addition when i was daytrading equities. the one drawback on qcharts if you want to trade equities is it doesn't allow symbol overlay, but if you are just trading eminis qcharts is great. as far as data feed problems when the market gets heavy...

I want to thank those who suggested I trade eminis in oder to get out from under the pdt rule. WOW - this was my first day in the ES and it feels good to daytrade again!!!!!!!!! I feel like I was just released from jail - WOW!...:D :D :D I just used S&R and trendlines being selective...

fully matured son in the greek.....:)

no - thank God....:)

profit enjoy your posts - what you are saying here is exactly my plan of attack plus maybe a chart pattern here and there...

hey gordon, a point for your side, i see evolution at work in the ranks of daytraders (namely myself)...i am only surviving by a fingernail...waiting for final approval from ib to begin daytrading es and nq because of the pdt rule....:)