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Adjusted stop for entire position to 1087. THAT'S what I call prudent. Still long and nothing more to do for the rest of the day. Trend following is that magical. I see no wisdom in day trading (*ahem* gambling) and working so hard for your money. Let the market forces work for you instead. And...

People here still don't understand something. There won't be any drop, ever. Markets are recovering and will continue to, if your gut feeling does not feel right or not. Whether you believe the Fed is manipulating or not. Markets are psychology, the Fed has NO INFLUENCE on the market in the long...

Yes, I'm being prudent, thanks for the advice. I just DOUBLED my position to 34 contracts. The trend is up.

Still feels good to be long. Can you give me any sensible reason why I should unplug this money printing machine? The trend is up. It will go higher.

I do very classic trend following and see no point in hedging. My initial stop was at the lows of 1042 when entering the trend yesterday (now adjusted to 1057, so no risk for me anymore). I figured the break and quick reversal of the H&S pattern beginning July was fake and the 1040-45 area would...

Hm, strong indeed. Profits don't look too bad either, for the efforts of a single mouse click. Staying positioned. (Sorry I'm too cheap to subscribe to realtime market data. I rather keep it for my daily bread.)

Thanks for your analyses, very insightful! So your 1080 target would perhaps create the following scenario? See attachment.

Holding 17 ES contracts long on this spike. According to my understanding, the lows held. Very low risk buy. If bears break the 1045 area there will be serious outcry. It's a VERY important low to hold for the big big picture.

Look who's speaking. Arrogance of a complete newbie has reached its zenith. A primary reason why users should put you on ignore. Not like people are expecting a word of appreciation but they do expect some kind of feedback. Perhaps you consider coming out of the green room and discuss what...

I am looking for an indicator that shows the distance of price to a given moving average. Is there such an indicator, and what's its name? It should basically show how far the current price is from, say, the 200 exponential moving average.

Hahaha! http://www.trendarchitect.com/blog/2009/10/the-devil-is-in-this-market/

Fell in the same trap today. Happens ALL the time!

Thanks! So basically I'll have to execute a spread trade. Nice that IB offers that feature.

Are futures suitable for exploiting trends that last several months to years? The major issue will be settlement dates. Is there a mechanism that will automatically roll over all my positions to the next contract or do I have to do this by hand? Selling the old contracts and immediately buy the...

Long again from 33.75. Intending to hold it until their earnings release.

Symantec broke out last week. It broke the resistance that has been valid since beginning of 2005! I took today's sell-off as a chance to establish my long position. Could be the beginning of recovery, at last.

I agree with infolode. It's extended which is why it might come back to the MA(20) at around 12.30. But it seems like the stock has reversed its downtrend and should continue upwards. If you want to sell, do it now and load up on it again at a lower price. I might establish a position as well...

Should come back to 29 short term. It might re-gain strength, maybe not. But you definitely bought the top.

During the dotcom bubble we had P/E's in the thousands. So, no I don't see a sign of a bubble.

Honestly, I wish you all the luck. However, this stock is going up and only a market turmoil can get you out safely. CROX's growth is too compelling fundamentally. But you wanted a challenge, so be it.