Search results

+106...Calling it a day. I was busy this morning so did not get to trade, but there were 2 great short opportunities. Got a long signal after 9.30 but did 1 only instead of 2 because the market was still down over 1%. The week has been good so far. There were 7 total trades where 6 were...

When I said moderate success I meant that I never blew up, and was net postive. As a return on capital it had been as high as 100% but that is misleading because I was trading 2 ES with $3500 in margin....this was years ago.

Wow...seriously? Is that the sort of constructive criticism people get here these days? I don't remember asking you what my chances are of making it. I am just jotting down my thoughts here, and the only reason I think an online journal is better than a paper journal is that everyone can see it...

I don't think I understand your first question. I do not subscribe to any indicators/vendors. Like I said in my first post I trade divergences between indexes...pretty simple. For me it is part time because I have other businesses, that is why I am trading small with limited capital. I am paying...

$4,000 at this point, but if I can make money for the next 3 months, I can add more money to the account. My goal is to be able to trade 10 in 12 months.

-$71 today on 2 trades. Didn't get to trade in the morning as I had some other business to attend. There were 2 good long entries that would have been good for 21 ticks. The other actual 2 trades were both losses. In hindsight, I should have stayed out of the first one since Russell was...

It was an okay day today. Traded good in the early morning with 2 winning trades. The last 2 trades were both losses. I should have used a trailing stop on the 4th one, which would have cost me 1 tick, but ended up losing 8 on that. This was a mistake on my part. Still positive for the day with...

I was supposed to go somewhere but the person that was picking me up got stuck on a traffic so I had time for 1 more trade. My indicator and analysis pointed that a reversal was likley, so I had a short trade. I traded 1 only because the market has been really strong today. I got stopped out...

+212 today. Calling it a day.

I have traded in the past with moderate success, managed to make some here and lose some there. I have been out of the market for a few years and now want to give it a shot. I just funded my account and will start trading tomorrow. I will trade NQ and/or ES. I will try NQ for a month and if I am...

Here is what I think, we'll see 1360 before 1200 but the bear market is far from over. Right now the best bet is to buy at 1260 and sell at 1300. Once we close above 1300....buy at 1280 sell at 1320 and so on till we touch 1360, then it's time to sell only.

http://news.yahoo.com/s/ap/lottery_couple MADISON, Wis. - This couple won't have to argue about how to spend their lottery winnings. That's because the Mount Horeb husband and wife each won their own $350,000 jackpots in this weekend's SuperCash state lottery. Lottery officials said...

Man..... I laughed so hard reading this post. I really needed it.

Actually that idiot probably happens to be one of the best traders here. I would consider myself to be a success if I could be half as good as him.

Bump....for entertainment only.

Markets do not move up or down in a straight line. I think we'll probably get to 1320-1360 before we see another leg down. Next 40 points will be easy but the next 40 points after that will be hard. Will sell 136 SPY calls once SPY touches 136, with a stop at 140. Once if the markets break...

There is more to it since you can get 30 B shares for 1 A share any time but you cannot get 1 A share for 30 B shares. 1 B share has 1/200th of the voting right of the A share, therefore, the A share trades at a premium.

Anyone know about this company? It seems that they are one of the biggest commodity and energy trading group out there.

Try Rule #1 by Phil Town. You should be able to get one on your local library.

I will not short oil till the dollar gets most of the respect back. It might be few years before that happens though. Here is an article from bloomberg and this is not good news for the US or any Western country. http://www.bloomberg.com/apps/news?pid=20601087&sid=aLdvaksfuzJs&refer=home I...