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Don't get greedy. Use strict money management. You're already on a tight account, don't overextend yourself. Stay consistent and keep plugging away. If you try for the "big" days you're going to end up blowing out your account. If you're trading 1 ES at $1300 and feel absolutely...

http://www.youtube.com/watch?v=jjLQS9v2zZs TopStep: Expecting stops around 1116, which didn't trigger at the low of the day. Believe more stops around 1123.50. If it breaks down they are looking for 1113-1112. Goldman has been the biggest volume selling 1000 contracts believing...

http://www.youtube.com/watch?v=53-4oY4g1bw TopStep Almost impossible to hear because of the background noise. They have an objective of 1128-1130, and further to 1134. If it breaks today's low of 1116.50, we could see a break to the 1106 area. Like I said, though, the audio was...

If you're going off of price action: Open to 11:30am 2:00pm to Close Anything in the middle is suicide. Also, price action usually requires the close of the bar so if you aren't seeing any potential setups then you don't really have to sit there and stare at the screen. Also, if you...

Going to be wiring some money to my account tomorrow morning to start live trading. :eek: Today was successful for me on sim. Was +2.25 on a signal towards the close. Had one at the open before the news, but I didn't take it, just watched it go up and up and up. haha Here's to...

http://www.youtube.com/watch?v=jyw9kc5FvRs Top Notch: Market ultimately waiting for the employment data on Friday. Nearing 5 week high at 1127.50 and believe they are looking for that or higher. Targets are possibly 1132.75 followed by 42. "Don't step in front of the freight...

NoDoji, Your Account > Edit Options > 40 Posts Per Page. :cool: I had to switch mine back to 10/page to find the graph. haha I have to say that is pretty impressive!

Let's say in an 8 hour period, you make exactly $100. $100/8hrs = $12.50/hr. $100 trading the ES is 2 pts, let's say it takes 20 minutes for your trade to hit your 2 pt target. 60 minutes in 1 hr/20 minutes = 3 20 minute intervals. $100 (in 20 minutes) x 3 (3 20 minute intervals) =...

I want to disagree with this, but I can't put any weight behind my disagreement. Let's say you trade 1 contract getting 2 pts a day and then you quit. 1 @ 2pt = $100/day. At some point you increase to 2 contracts and build up over time. 2 @ 2pt = $200 3 @ 2pt = $300 4 = $400...

Just wanted to thank the guys who responded to my post last night. I read it, but then went to bed. I didn't forget about you guys. Today started off bad. I went with the trend this time, but unfortunately I got in early and got stopped out 2 times. My third trade was better, but I got...

Believe it or not, $100/day is actually really good. I'm assuming by the first reply post that you are trading the ES? The goal is to be consistently profitable. You want those consistent days with small wins. The small wins will breed bigger wins. If you're trading 1 contract now...

This is a great post, imo. This is the reason why. I woke up today after 9 hours of sleep still feeling extremely tired. I sat down at my computer, drew some trendlines showing an uptrend during the overnight session. Price started dropping. My mind was fixed to going long and every pause...

http://www.youtube.com/watch?v=6hvnld0fEFA Top Notch called the move from the 62 area. They are now looking for a correction back to the 93.50 to 84/86 before making another push higher.

Not sure where I found this, but it is really good: http://www.babelgum.com/floored Documentary called, "Floored." Here is the description: A world that's more riot than profession, the trading floors of Chicago are a place where gambling your family's mortgage is all in a day's...

Never heard of it. I did a google check and it appears like a legitimate website, but at the same time, it's probably just a bunch of spyware, malware, adware BS that you don't want. I'd get rid of it if I were you and then do a good scan of your computer. You don't really need that...

Seems like more of a documentary than anything. It's only 64 minutes long. The trailer looks pretty cool and I'd be interested finding out how to watch this. Looks like it last premiered at some no-name festival back in early June. Here is the description: THE PIT - Documentary...

"See" your setups, make your trades. You should always have stops in place and you should always have targets in place. See your setups, have your stops/targets figured out ahead of time, make the trade, and then let it ride. Live in the moment. Don't worry about your previous trade, don't...

Maybe I'm reading this wrong, but what do you trade that you use $800?

I probably should just because I'm having a difficult time. I'm on a simulation account right now and every now and then I can feel myself just thinking, "well it's simulation so let's try to get in here on this entry and see if I'm right." Usually I end up on the wrong side. Or, like today...

I have enough savings to do ok for myself for a year or more if I really had to. I just don't like using my savings. I'm a big saver and risk averse unless I'm confident in what I'm doing. I understand I have like 20 posts on ET and I just reg'd about a week ago, but I've been investing...