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I am looking forward to your journal. That 1 pt a day average thread comes up about once a year. I hope your journal will be a reference guide when the 1 pt a day mental ceiling arises again. I would also like to apologize for my last post to you. I was in a bad mood and for some reason I...

There are 3 types of trends; up, down, and lateral. Decipher which one the market is in and trade accordingly. Buy on dips in up trends, short on rallys in downtrends and sit out at first during lateral. Most traders lose their shorts during lateral trends. My level of trading is only in one...

This is the best answer in this thread although the thread originator would probably not concur. Great Post!

and your conclusion? From an inquisitive mind.

here is a better screenshot. It has the cost of doing business($35). Still looking for the print times as that would be more helpful.

Here is a coworkers prints. He started after 9:45 and stopped at 3pm. The range for the period of time he traded was 8.3 pts(36-27.1) during that period. He took 6 trades; 1 loser and 5 winners for a 7 pt day. Dont forget to subtract that 30 in comissions. This statement is from Velocity...

Cool, I was just saying that it was more important to focus on the liquidity of the market than on the regulations size for practical purposes. We are congruent then. I hope my post didnt sound demeaning to you. I also agree that people who have systems making more than 1 pt a day is NOT...

I guess since you've never heard of it, it hasnt happened. Way to think like the majority. The contrarians are the ones that make the money. You will never get to be like those great traders! It doesnt bother you though since youve never heard of anyone doing it before anyway. p.s...

How do you account for the 4+ points per day average that AMT4SWA did on this board in real time trading? Anybody who reads the quote above by nitro and can relate, go through AMT4SWA's live posts where he averages more than 1 pt a day. All this loser mentality is...

I have always substituted timeframe for fractal. I use them in pairs and use the faster to time my entries. Whats very cool is if you use 2 pairs with one timeframe that is the same. It gives one context that is immensly helpful to calming oneself while trading. Price is not going to fall off...

I agree with Grob109 here. This is how it works for me. Whenever I enter a stock, the set up looks exactly the same on all indicators, volume, and price. Once I have a standard starting point and point of reference, then I just follow along my indicators and record what happens during a...

A week ago I was recieving level II quotes with gsco,mlco, lehm, and the arca book. Now, all i get is INETBK and NASD for OTC stocks. Is their anyway I could get the level II back with all the players?

Thankyou very much.

Have you looked into other peoples accounts that may have also been wrongly overcharged margin? If so, have you given back the overcharges or only if the account holder brings it up. Also, I have a margin account and was wondering where I could get my history of margin charges. thanks in...

I understand bits and pieces. Not really the whole thing. What I do understand about the market is that it always moves in cycles. What I think Grob109 is trying to convey is that one can trade cycles the same way but on differnet timeframes. I trade 30 minute cycles in only 1 direction...

Sorry. After rereading my post, I know I am really really confusing. I will write a better draft that is much more coherent . Sorry for the confusion.

Very Interesting.......I have been thinking of trading something similiar. I trade B(30 min) cycles in only one direction. This is dependant on the C(daily) timeframe. My trades for A(5 MIN) are dependant of the B timeframe but not necessarily in the same direction as my B position. It can be...

Very interesting comment here. I have found that when my position trading bias changes, it can change into either a reversal OR congestion. If its a reversal, the position trade works out great and I continue to scalp in the direction of the reversal. If its congestion, then I can scalp a little...

I am currently working on an ES system that does a simliar thing. I look on the daily timeframe to find what would probably be the most likely outcome for the day. Then I use the 30 minute timeframe to determine which way I should take my position trade and scalps. Then I look at the 5 minute...