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  1. R

    Market maker plays games.

    Sometimes late prints will show after the close. Nothing more.
  2. R

    Trading e-minis with $1k starting capital

    Wait one minute son. If you're going to be posting P&L we want screen shots. Thursday was in an uptrend all day. 72 round turns shows me that you have no edge. Churn and burn that account. If a volatile move doesn't wipe you out, commissions will. And until you post screen shots of your true...
  3. R

    Trading e-minis with $1k starting capital

    In the current volatility environment you will never stay in the game. You only need price to move against you 6 points in ES and you will be done. Go back to work and get at least 5K. What broker is giving you that kind of margin anyway, they're idiotic. Second, last time I checked Day trade...
  4. R

    Buying OTM LEAP calls on mining and oil stocks

    Out of the money options are almost always a waste. Delta is usually so small that it takes huge moves to get a little squirt of money out of them. If you really want to make money on the move, just scale in slowly to build a position on the dips. If you use options, buy some time and make sure...
  5. R

    WARNING for anyone thinking of trading Tues.March 18th WARNING

    Haha. My sentiments exactly. The rest of this post is worthless
  6. R

    What are the risks of shorting Bear at $5?

    If you want to play the downside of BSC buy puts. Then you have limited loss if something drastically changes. I would recommend that you stay away from being short the stock.
  7. R

    Secret of 5 bankers

    Haha
  8. R

    Buy carry now

    Why?
  9. R

    oh im ym

    Been trading for six years, or gambling? There is a difference. If you got killed today, it tells me you still don't know how to wait for the setups. I was long for that 100 point move up, then short for half of it on the way down. I don't know how you could have missed it if you know what...
  10. R

    oh im ym

    Stop gambling. Learn how to trade before putting your money at risk. Futures are not for the undisciplined. You've got to have stops and you've got to know when to stay on the sidelines and wait for a good setup.
  11. R

    Minimum account balances

    A forex mini account can start with as little as 200. But if you're starting with such a small account trading futures, you will get a margin call after one or two bad trades with the current volatility. Or worse, wiped out. I highly encourage you to think twice about what you're planning to...
  12. R

    Margin kills

    Leverage should only be used on a trading style that is consistently profitable. Secondly, usually one uses more leverage for shorter time frames for scalping intraday highs and lows. Otherwise, you need to step back and use smaller size and open your time frame to days or weeks, versus...
  13. R

    Will They Manipulate The Open Tomorrow?

    Thursdays are not always down. You must have just read some book on trading and think that the information is iron clad. You must trade the price action, not what happened in the past, or what usually happens. Secondly, you want to get short? Did you miss what happened today. There was an...
  14. R

    FED reserve data shows we might have a problem!

    Not such an alarming situation if you account for the new TAF. http://blogs.wsj.com/economics/2008/02/08/non-borrowed-reserves-false-alarm/
  15. R

    Is Boone Pickens still short oil?

    I wonder: He said he was shorting oil, but he didn't say what type of short. He is probably short Puts. He said he was short to get everyone to go short with him, meanwhile he was shorting puts and cashing in on the squeeze.
  16. R

    What if a trade doesn't immediately move in your favor?

    Quote from brocklanders: Just out of curiousity, why 27 minutes? Is it just an arbitrary number or is there any specific reasoning. I understand if the reasoning is "top secret" but thought I would ask anyway . Thanks. Haha!! Exactly, I'm so tired of these services making their...
  17. R

    gary williams

    If he's making 7200 per person and has say 1000 people per year, he's making some good money. No wonder he has a huge house and claims to be rich. He probably blows some of the tuition money in his trades, but keeps teaching the class, which more than makes up for it. It would also help him fit...
  18. R

    This Market Sucks!!!

    I was watching all morning as the sellers were pounding the tape, huge bids in ES were catching it all the way down. Then we saw that consolidation area, it was a dead giveaway that the buyers were passively absorbing the selling, but not chasing it higher. On ES, YM, ER2, and NQ price action...
  19. R

    Trading YM

    If you trade YM, you must keep and ES chart on your screen also. They trade together with a spread ratio.
  20. R

    what the hell is wrong with the QID & QLD today?

    I cannot believe people trade stocks without knowing that they pay dividend and when that date is. You have got to stop being lazy and approach this like a business. This is your money at risk, it's not a game. I know QID, etc are used as a proxy for the index futures, but you've got to know...
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