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You're right.. I don't trust my strategy.. and I'm letting emotions get in the way too often.. Will work on it

I got short the Emini this morning at 1002.00.. after the close of the first 5 minute bar.. But I got out at 1001.25.. after the market looked like it wanted to rebound. I am always quick to get out of positions that aren't going my way like this one to keep from losing capital. My motto...

Have any of you ever had a period where everything you do comes out on the positive end. I had my worst week ever the week ending 6/27/2003. I mean horrible.. Since the 1st of July everything I have done has come out on the positive end. I made back the money I lost in that week and...

Biilb, I agree with you but not 100%.. I feel there are some good brokers out there who are interested in helping new traders be it a very small percentage... after all.. the longer a person stays in the game the more commissions they will get from them. Jeff

Amt4swa, I wouldn't dare trade 1 contract per every $500 I have in my account. I am trading 1 for every $1,500 - $2,000 in my account which may be pushing it. I remember when my broker was talking to me about opening the account and when I told her I was going to deposit $2,000.. she...

I"m not sure what happened but I was short and got out at a good price ..so not complaining here..

Definitely would want to be right mentally. This business is so much more psychological than newbies think... To me trading isn't me against the markets.. Its me against myself.. Jeff

taodr, You're right.. that is pushing it.. I mostly trade just 1 contract.. occasionally I'll have 2 or 3 max on.. and when I do. its when I see a superb set up.. and I take a small profit on the first 2 contracts immediately.. But you're right.. with my account value I'm asking for...

Fast... you're right.. I apologize.. I am making this the longest thread on the board with all my typos.. what i should have said was one tick above/below the price depending on whether I'm buying or selling.. meaning I want to get a better price than where its currently trading.. so...

thanks for the replies. but what about my original question. at what level do you start having problems getting filled.. over 100 contracts or has noone gotten high enough to know..

Fast.. you wrote offer at 996.00.. I wrote offer at 996.50.. so if someone is offering to sell at 996.50.. and I want to buy at a better price than that.. I would set a buy limit order at 996.00 or 996.25.. I am not buying on a stop.. I am buying when the market gets down to 996.00...

Now yall can see why I'm not tearing up the trading world.. offer at 996.50.. buy limit at 996.00 or 996.25... I think I got it this time...

Vega, Yes it was a typo.. sorry if offer at 996.50.. then I put buy limit at 966.00 or 966.25

Gnome, I do use J-trader.. and I believe I understand Bids and Offers. I actually usually place a limit order one tick above the current price. meaning if I want to buy and the Offer is at 996.50.. I usually will place a buy limit order at 996.00 or 996.25.. I sometimes miss out on...

I currently have my account with Global and I use J-trader for order execution.. no complaints.. $8 Round Turn for Emini and any other market for daytrade.. and can trade just about any market including European stock indexes.. How is IB compared to this.. I've heard $4.80 round turn...

before you start getting a lot slippage?? I currently only trade 2 - 3 contracts.. and I always use limit orders.. if I were to ever get to say 100 - 200 contracts will I be able to use limit orders without much of a problem or at that level is it best to use market orders in order to get...

"You can get "investment club" software very cheaply that handles the task of apportioning different percentages/amounts of partner's investments and keeping track of it." One more quick question about this.. How do I legally set up an account that would handle an investment club.. this...

Okay so how do I handle this. I will tell him I'm taking his name off the account for what reasons. I think I'll tell him that either one of us could get screwed.. that if something happened to me his assets could be loss.. that way I don't make it sound like I don't trust him...

I've asked about a joint account before here but now need some advice. I opened a joint account with a friend.. we would each put up $1,000.. I funded the entire $2,000.. he still hasn't put in.. but says that he plans to.. now its not that I don't trust the guy.. He's my best friend...

I posted yesterday about maintaining your discipline through the day. It amazes me how somedays I am in complete control.. like today.. Only took trades within my system.. and while in the trades remained detached and executed the trade just as I should. I went over my plan last night...