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Trade daily swings. Long 9115 Sept on Weds. 9040 stop shaved close today but hung in there. Still holding long from original signals looking for PT around 9300 and will adjust stops accordingly. Good shorting today for daytraders though. Hope you guys cashed it in. Much Success,

Don't be fooled by the ease at which it seems they succeed! I use the analogy again, Pro athletes make it look so easy. Go try to do what they do and see how easy it is. They train, set up systems for training, then train some more and some more ...... I do however, admire your...

My daily recalcs. similar. Market always has more than one scenario, only one usually less risk than the others. No apologies for revisions in outlook. Price action demands revisions. How often to revise is the million dollar question. I think it depends upon your trading time frame. Much...

Now you're on the right track my friend. Seems like your method is 1-2 trades a day (possibly 3-4 trades a week). You have got to be able to set up your trade, enter your orders and let it fly! We all have suffered through the stages of secondguessing the market. Ever seen your stop loss...

Question??? What methods/system(s) do you use to backtest?

My advise to you Benysl is that you stop trading your account and papertrade your system until you are rock solid of its performance capabilities and not entertaining any gut feelings - at all. Listen to what all these seasoned traders are telling you. You are getting some top notch advise...

Didn't trade the SnP this morning. Don't trade it. Was just throwing out some short term figures this morning kinda transposed from Dow figures that I do trade. Am long DJM3 at 9135 however. Will swap out to Sept. at close for front month change. PT around 9280 area tomorrow. Looking OK...

You mean to tell me wearing my long (bath) robe while at the screen is a waste of time :) .

I'm Long Dow at 9135. Looking for new upside in the 9250 area if hit.

Kap, Let me clarify, Long 990, SL= 976, PT= 1005 Short 970, SL = 985, PT = open If one order hits, the risk of reversal through the other in the same day would be low. Not a hedge, just risk management. Much Success,

(2) possible scenarios for next couple of days or so: Push up through 990 into the 1010 area or, Push down through 970 support & retest at 950. Scrap these if this doesn't happen today. Of course, if it winds up relatively flat, this at least will make the day somewhat interesting...

Traders are alot like athletes. To repeat what I posted in a similar thread topic: Train like a batter or golfer. Try to make the adjustment to your basic swing to get the desired effect under different conditions. A suggestion would be to take random 3 month periods of historical data...

This element of trading discipline is my most difficult. As a swing trader in futures, to look at a trade develop and hesitate to pull the trigger or be in a trade and hesitate to adjust stops according to your preset plan, these are difficult issues to cope with. Especially when you would have...

Is censoring our thoughts the next step? Aren't the numerous risk disclosures enough to warn (scare) the public about the risks involved in futures trading without calling TA fraud? Oh, I forgot, the Gov't has the power to do anything it wants. I think not. Public opinion and the vote are...

New to forum here, good discussions. Trading at home and loving it. I came from a Construction Contractor work environment of constant pressure, 14 hr. days, 6-7 days a week. I worked out of an office with others in the industry which was a very healthy and energetic situation and everybody...