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i posted my trade log that had LOTS of losses...and this morning i got smoked a few times...a breakdown of what people did this morning would be interesting...when i get a sec i will post my morning...toughest morning i can honestly remember, the 5m bars we pretty wide and was getting whipped...

i try and stick to the methodolgy as best as i can...i didn't finish filling in some of the value for stoch, macd...but ou get the idea...as you can see i have many losers, but usually are very small. we are not talking rocket science here. beleive it...don't believe...i could care less...

i take losses all the time and posted them in my journal...in general when i have a loss it means i should also be reversing...so while you have a loss, the reverse puts you on the right side of the mkt...that's what was being decsribed by jack yesterday during that high volatility period after...

great chart...thanks for the help.

jack could you post a chart to illustrate what you just said in your last post....would make it eaiser to understand. thanks in advance trying to understand where brackets would be placed in today's mkt. "Half of any bars would be more than 2 ticks minimum. Add to that an offset from...

NEW YORK (CNN) -- There was a shooting Wednesday at New York's City Hall, the New York Police Department said, and two people were carried out on stretchers. New York Mayor Michael Bloomberg was inside his second floor office when the shooting occurred, and is unharmed, said his press...

i always want to give rockets as much room as possible...i had a very small gain on this and gave back several points, but in order to get the 8 to 10pts you are gonna have trades like these...no big dea..it happens and move onl. anyways there was a dbl bottom on the 5m and a macd divg on...

1. saw jacks writing on MIF but never read much of it until he came to ET 2. i read what he was saying...followed along on the charts and it just 'clicked'... to me what he was saying was pretty clear to me on the charts, i was just trading off trendlines so this fit in perfectly...and took...

when i last spoke to my accountant...you cannot do both.

exactly how i try and approach...slaloming and then turns into a rocket...give it more room b/c that is when a few points turns into a lot of points...today/afternoon was a good example. so its a lot of back and forth then bam rocket and let it ride.

i am only posting if i have something interesting to add....so far some old stuff. good trading.

iceberg is a slow trend...slalom is basically trading within a range.

fast stoch on 5m bar, and i wait for close and i reverse out of succesfull rockets most of the time...especially if their are divergences.

1. cablevision cable modem...dialup backup...works great. (nj) 2. esignal (just switched from qcharts) not as pretty but so far has been more stable...very happy so far 4. ib - can't beat the pricing since i only trade es about 5 rt a day. i am pretty much just a basic setup now ..i used...

first off...days like this i usually struggle a great deal...slow moves are killer for me... mkt opens and clearly we are looking at a short rocket..i waited 15m...saw the lod b/d and entered on the pullback (not the best entry, but that is what i did) now the mkt is acting all herky jerky...

so the 15m which has been the pace all day...finally leaves the rocket area...and the downtrend channel that has been there all day is broken...long at 984.00 that is how i saw this move that we are in right now. my 2 cents. update 3:51 turned into rocket...stalling at chart R...

look at the 15m...that is the pace today...been in a rocket all morning.

here are all my trades for today, so i did try a short early in the day...i got long on the pullback of the hod b/o...looking for it to turn into a rocket...i had the mkt brakceted after my intial short failed. 1. lod b/d short: 1003.00 cover: 1005.25 –2.25 2. hod b/o long: 1006.00...

here is my 2 cents on failed rocket and how i played it today.... quick side comment: at some point you will be getting into trades before they become rockets. for ex:good macd hist reading +.40 and stoch crosses 50...so in essence you will be taking every rocket b/c you are already in the...

this definitely was the hardest thing to overcome, but eventually i have taken the outlook that i make the market take me out of my position in rockets(if i am up 10pts i will take all profits) after watching myself leave tons of profits on the table i just stopped fighting it. if i take early...