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very true, makes everything "jittery", jumping pennies here and there. makes intraday charts, and precise support/resistance levels ( down to the minimum tick ) less reliable.

e-mini's are for small time speculators and people wanting to hedge their personal portfolio's, there really is no need for any of them to be physically settled, I guess that is just tradition.

the price increments and spreads shrank way to fast in relationship to the trading volume, and the result is that we have less orderly markets than we did in the 90's, and that is a bad thing for everybody.

its obvious what's going on, they aren't making enough money with .01 spreads and .01 price increments, and there isn't enough liquidity at each price point. obviously the benefits of this scheme are being caught up with by the downside. -less liquidity at all price points -much less...

if I had a choice between being a prop trader at a profitable firm, or being a part owner of a profitable firm, the choice would be pretty darn simple.

who wins ? the well managed FIRMS that survive the bear market.

bright is also the only prop firm that advertises on this web site, and its failure rate is the same as all the others.

its been that way for a LOOONG time dude.

if it doesn't break out today, no sweat. Lengthen your time frame and enjoy the rally thats been going on since mid march.

oh boy, I hope that was a joke for your sake.

a Vegan diet is totally unatural, have you ever seen now much processed food they eat ???? Not only that, its expensive.

"Diet research.. I did a lot of informal research on diet. Anthropologists have never found a place on Earth where you can get all the nutrients you want without eating meat. End of discussion for me. I work with a Vegan guy, 112 pounds, looks like shit, unhealthy after 25 years on that diet...

"But that in and of itself says nothing about where we're going." trends say more about where we are going than ANYTHING ELSE. In fact, if there were no trends, I wouldn't trade.

DB, it hasn't been a few weeks, its been a couple months now, and people have been in denial the whole way. Its one thing to be wrong, even very good forecastors are wrong a lot, but the good trader admits when he was wrong and goes with the flow.

I like the word "rebbleization", so I'm posting to this thread again. basically, we are in the process of getting pumped up, its obvious if you look at all the markets except the dollar. in 1999 most people , at least in the back of their minds, knew we were overvalued. But it didn't...

I've been long only since the 3rd week in March, we were obviously looking at a war rally, and possibly a short squeeze. We've had the war rally, and the short squeeze is on in a big way. I tried to find some shorts, and they all sucked. "Everything" looked bullish. And it was bullish. And...

there is ALWAYS a back and forth, thats what makes it enjoyable. As for why it matters, it matters because I am a swing and position trader, and i make my money on trends, and this is the nicest uptrend i have seen in a while, and it was VERY predicatable, and people are kicking themselves...

he's right, we will see dow 9000 this summer, and then we will see a nice retracement. The prevalence of bears and shorts out there is what is keeping this rally going higher, only when the bears/shorts capitulate will it end.

you said it wouldn't go over 1182 with two point margin of error, which makes 1184, yet you just said you went short at 1186. Makes no sense whatsoever.

uh, what ? quit talking out of your ass. If you really wanted a wall street type job you would have taken that $55k gig and we wouldn't be wasting thread space on this. by the way, even if you want to be a quant a M.S is Bullshit, you need a Phd.