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It's all about risk management. If you trade too large a size for your comfort it'll cloud your thinking. I'd rather trade 1 contract comfortably and profitably than bite off a larger piece and make dumb mistakes because too much is at risk and i'm worried about a large loss. And yes i often...

Never mind your ego - a big hit to your wallet is worse :D

I set stops based on pivots. I use the 2minute candlesticks. I have a much lower tolerance for risk than you do so I get stopped out more but i don't take large losses either. I'd rather make 10 trades than 1 or 2 and face the potential for large loss due to wide stops. What do you use for...

What the hell are they gonna do, buy till we hit the March 23 highs? And to think the overnight futures pointed to a big down market today. Go figure. /scratches head/

"Guessing tops and bottoms can be hazardous to your wealth" - Old Chinese saying

Price action on the screen. Nothing else.

And as a trader I personally ignore volume. Today's volume is very low yet we have a great daytrading opportunity. Some days the volume's high and we put in a small doji. The only indicator that I use is price. You can't spend volume :D

The hardest part, for me, was to stop wondering the why's of what the market does and just concentrate on what it does. The market has no logic. One day they buy bad news, then sell good. Tomorrow it's the opposite. They'll bid it up 200 points in the morning, then turn around and give it all...

The damn thing will go as high as it wants. I'm out of the trying to figure it out business. I played that game in 2001 when I first started out and got clipped.

How far up will you let the market go before bailing? You must have balls of concrete. As of right now you're down 14 ES and 130 YM per contract. It's your money!

Yeah - as soon as you go long we'll have a top. You still short?

You're doing a good job.

He has yet to achieve confusion.

You start your own journal, you make the rules.

art you're one of the 1 percenters - 1 % of the people here don't have you on ignore.

Sometimes the best trades are the ones not taken. This afternoon chop is a prime example.

Brian 21 pts is a great day - how long have you been in this gig?

Respectfully, art, you are one of those peeps. Respectfully.

Oh I agree.

You call people ditch bitch, a-hole etc but someone else is arrogant? :D