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Courtesy of Jack's teachings. What Magna and others like him just don't get is that in order to see and act on this stuff, you need to get rid of the junk pictures in your head. Read Magna's seeming "advice" to vorzo and pay attention to the pictures that he draws there. You can understand...

Jack beat you to the punch yesterday. http://www.elitetrader.com/vb/showthread.php?s=&postid=279561#post279561

Hi Jack, Thanks so much for sharing your insights. I'm playing catch-up with this thread and would be grateful to you if you would help speed up my understanding. (1) Please expand on your comments in your flaws summary that deal with congestion, convergence, and centering...

Try MR[contract year, contract month]. E.g., MR02H.

Man is extremely uncomfortable with uncertainty. To deal with his discomfort, man tends to create a false sense of security by substituting certainty for uncertainty. It becomes the herd instinct. --Bennet W. Goodspeed, The Tao Jones Averages

In actuality, the software isn't real-time. There are utility programs available to pull data from a live feed which the software can then read, but there is an updating delay, albeit slight. That makes the software almost real-time, but not quite real-time. As far as using the software to...

It's a neat piece of software if you're into Elliott Wave and Gann analysis, which I am. It's a bit on the pricey side--$1,700--but it makes wave labelling and drawing retracement lines very efficient. I would suggest you check out Carolyn Boroden's commentaries on TradingMarkets.com. Her...

I don't use the ADX so I can't say what I do when it's between 10 and 20. But if you think the market is choppy, the solution seems obvious to me: Don't trade until the market declares itself. Good trading.

I'm not one to tell anyone how to trade, but today is clearly a weak day for the market, and the market tipped its hand early. After the morning, trading on the long side was not a good idea except for quick scalps. In any case, good luck to you.

If you daytrade the e-mini's and haven't been shorting today, you're fighting the trend. That's probably why you think it's a tough day.

Bob777: DO NOT RELY ON THE FOLLOWING. It's just something for you to think about. But, VERY GENERALLY, one pays SE tax if one is a dealer. Otherwise, one's gain or loss is from the sale of a capital asset, and SE tax is never imposed on the sale of a capital asset. Get some competent...

Prior to taking on the challenge of trading full-time, I had a career as a tax attorney, my specialties being the taxation of pass-through entities, corporations, financial instruments, and international transactions. I mention this because it astounds me that people who daily risk tens if not...

No problems to report here. Last I heard, the CME promotion was extended into this month, but the rep was uncertain as to how long. In any case, when the promotion ends, it will be an additional $10/month for e-mini quotes.

IB seriously screwed up on this one. But the worst part is they don't seem to want to own up to their mistake. I can deal with the occasional lagging quotes and even the wait when I call phone support. But if after you reach them to go flat on a trade they still can't execute, then what use...

So it seems that the Globex problems today were specific to IB. Every broker will have problems, but IB could have handled things much better. For one thing, I couldn't get a straight answer from them whether the problem was with Globex itself or their connection to Globex. In any case, I...

Can anyone verify problems with Globex orders as of 1:15 pm? Much appreciated.

During pit-trading hours, the difference in liquidity between trading one contract of the ES or NQ and 10 contracts is negligible. Thus, the question is tantamount to asking whether it's "more reliable" to make one point or 10 points. Take a look at the last few days of trading for the ES...

I also experienced lagging quotes today on the ES. Granted, after a Fed announcement it might be expected, but it seems to be a recurring condition lately. Today, I noticed the lag a few times when about 1000 contracts/minute traded. I'm not sure if the problem is only specific to the ES. I...

Hitman, Go short or go long to your heart's content. I see little connection between the direction of your trades and your patriotism. But your neutral sentiment of the terrorists makes me wonder whose side you're on. I also wonder if you could take such a detached stand had your family...

If you've never traded the e-mini's you don't know what you're missing. I've been trading stocks full-time for about 2 years and have been trading the e-mini's for a couple of weeks. I was in the process of joining a prop firm to get access to bullets and higher leverage on stocks, but after...