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Yeah I have found it really tough the past week. Not fun. Just need to wait it out as you say. Limit the bleeding...

Yeah the trade wasn't good. Got no arguments with me there. Like I said I'm not upset at all by it... I take the trade, it doesn't work out, I exit and take a loss. The main loss came in the first break down of the market. I had larger size on it then and took a decent loss. The second time...

Who really cares? I wouldn't expect my prop firm to tell me what to trade. I rely on myself and fellow traders to call things out. If someone wants to shell out 10k to "learn to trade" then good luck to them! If they can get suckers to pay it well then hats off to them. I'm sure what they...

OK so having never tried E-Signal I signed up for a trial this month... I downloaded the lastest version 11.something. I don't want to learn on 10.6 if they are going to be updating shortly in the future. Here are my issues and problems with the platform... maybe someone can help me with them. I...

Dow Jones down 228 points today. I took nothing but shorts. Not a single long all day. You would have thought I would do well. NO... I got creamed. Every time I shorted we seemed to get a big reversal. Without fail. Who is buying this dip? I hope they get smashed. My day is summed up by...

Well this market kinda sucks. It is really dead in the afternoons. I have found that every day no matter what I find myself down after the morning session... if I'm lucky I make something back from 11:30-2pm... I have to work so hard to get that back though. So same as yesterday I found...

Stop being a troll

Not going to spend much time updating my journal today. Was down $400 at one point with failed shorts on ALU ($135) and BKCC ($40) and failed long on EGHT ($50) and AAI ($80) The $400 also included a $120 loss on CSR. I then took a great trade on CSR... I waited for the moving average to...

I guess it's what I learned on and I'm comfortable trading. I have branched out in the past 6months or so but yeah the majority are lower value stocks. My main reason for sticking to these type of stocks is that I find the slippage in the higher value stocks is too great for me. By this I...

If Friday was frustrating well today was the same x3!!! This should have been a really good day. I even took the trades but got shaken out. AMD - This is the culprit of my frustration. I have attached a chart for you to have a look at it and see where I got shaken out. I took size and got...

What a nice trading day today and somehow I stuffed it up. I think I can put it down to coming in with a bias. I always try not to do this however today when the employment numbers came in right on the mark I thought nothing was going to happen. Since I thought nothing was going to happen I...

So apparently Globus/Lynx is closing it's doors... guess what I had heard was true!

Sorry can't help you with issue but it doesn't surprise me. Sterling charts suck. I'm at the stage where I'm considering purchasing e-signal.

If you can prove your trading history then you will be able to get a good deal pretty easily. To be honest I'm not going to recommend anyone as I think that's something you should investigate yourself. Takes 10mins to find contacts numbers of a whole bunch of prop firms. In my opinion I...

It is in effect as of start of this month. I have encountered it a couple of times now. The one that really catches me is that it lasts till the CLOSE of NEXT TRADING DAY. The stupid part is that for stocks around $1-$2 area this rule kicks in way too quickly. There should be a rule about...

Always! If my trade goes against me with the initial position then I rarely ever add to it. I just set a stop with it and get out. If it comes back then I reconsider the trade and if I still like it then I will add to it when it goes in my favor. If the trade goes with me right away I add...

The gap up today took much of the opportunity out of this market. So I just looked around for what was active. I spotted BPAX in the pre-market. It was well above the close of yesterday and also looked like the $2.50 level could be taken out. I took 1k position around $2.32 and then added to...

Yeah with our system (Sterling) you needed to put EXT instead of DAY in the TIF window ARCA does provide a closing auction but only on the AMEX stocks i.e. EEM, FXI etc There is also a way to check the closing ARCA imbalance size and estimated closing price for AMEX stocks... as usual...

This made me laugh. Really good observation. I don't trade a "system" but I always see these posts about "going to have to tweak my system" and I just smile. I know it's all about the trader themselves. You need to understand your mind much more then you need to understand what is happening in...

What a boring day, I guess it was to be expected after yesterday. Found myself down $400 in the morning, $200 on XLF and the rest spread out on a few stocks. ALU made a big move higher on volume which I really missed. I saw it @ 4.90 but just didn't want to buy it. My bad. Ended up...