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June Bonds settle 115-19 in the day session, settled 115-12 in overnight sessions ... not bad for risking 4 points on Wed. Today (Thursday) is wait and see. There is a chance for 115-08. Im probing the short side for now, but a break below 115-00 means that this short trade will become a...

Get short today. Keep a stop 1 point above todays high. Low risk ... high reward ... potentially. :D

Try Risking 2pts to make 2pts(minimum) on a certain signal for 100 trades. If you can do that about 55% of the time you'll have something to work with. Then tweak a system around that beginning. :cool:

Today looks like a day to get short and keep a stop just above yesterday's high. Low risk but high reward potential. :D

All I see is another bear market rally. When are you bulls going to get the hint? :eek:

quote from cooltrader What? No real time calculations? I knew that there was a catch somewhere. Risk Less, how can you promote a system like that to active traders and scalpers? :confused:

Withdraw large portions of your money regularly. :D

When a golfer can't improve his score, he changes his equiptment. When a daytrader can't make money, he changes his trading system. Same result for both. :D

Xtrader :D

That sounds like a good idea. The market will be here when you're ready. Sometimes the best thing to do is to get away from the market for a little while. :cool:

quote from iceman1 : I am not drawing any distinctions between mental and psychological conditions. What I mean is if the trader can achieve a level of concentration by focusing on executing their trading system according to its tested rules, then the mental state acquired by the trader will...

Its more important that we determine when or when not to trade based on our own mental, and psychological conditions, rather than market conditions. :D

Wow, I feel like I just received one of those "advertising only" versions of Futures Magazine. I must say that I'd suggest the following : a) Esignal datafeed b) PFG simulator for 2 months (for practice only) c) trade one lots until weekly profitability and risk/reward level off. d)...

quote from MondoTrader : Even though there are fewer daytraders, there is a higher percentage that have experience, IMO. If a company could harness some of the talented traders with experience it might work.

quote from larrybf : I totally agree.

I have used PFG's simulator before. What happened to me was that I got so bogged down with "order maintenance" that I lost my focus on trading. It seems that PFG will never get that simulator working properly(despite all of their promises). When I began to use market orders on all of my...

It was tradable today. Easily moved in and out of the market with 2 and 3 lots. Nice range also.

When the market spikes like that, it's a great opportunity for scalpers to get short.:p

Shorting is getting to be a dangerous game for several reasons. Short term indicators are oversold, and there are more surprise news events are bullish. Chop may mean a change in trend direction and intensity. I am keeping stops tight for now.

Hedged !!!