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Well guys... Looks like we got the trend day I expected :) If the market is going to pull back, now would be the time...let's see wht happens... Happy Trading!! Dave

Hey guys... Notice today very little pull-back at my suggested time-frame... looks like a trend-up day may be in store.... we'll see... 11:58 Dave

<<dave, do you trade the ES exclusively - or do you also trade he NQ - why? thanks for your answer!>> I trade the ES exclusively.... why? Because the ES is what I KNOW! :) This is not to say my strategies won't work on NQ... Happy Trading!!! Dave

I have received a few e-mails requesting me to indulge my strategies... Naturally, I will not give away all my secrets, as I have an edge that allows me to take $1,000s away from unlearned traders onj a daily basis :) Here are a few pointers you may want to consider... First...

<<Impressive returns, but how long have you been doing it? and over that time what is your statistic of winning days/weeks vs losing days/weeks? Thanks all for your support>> I've been using the same trading methods for 2+ yrs... very simple, yet very effective. I've NEVER had a...

>>>I think your expectations may be a little high, $1000 per contract per week is not within the realms of possibility. That means that you are catching at least 20% of the daily high low range (4 points out of approx 20 points) every day. No one is that good.<<< LOL... are u kidding...

Here is another site I just came across... http://www.Nihaba&Rigelareacoupleofdickheads.com Check it out... BTW... no affiliation on my part!!! :) LOL Happy Trading!!! Dave

On the subject of Support and Resistance, I came across an interesting site several months back... http://www.thedaytraderclub.com/01/ I do NOT personally use this service, but it looked pretty interesting :) BTW... I'm not affiliated with nor do I receive any type of compensation from...

I focus very heavily on S/R and Pivots in my trading... i.e. if prices are nearing a R-Level and maybe stos are OB, and then I see a reversal candle, I have a very promising SHORT set-up... certainly not 100%... and this is only one of MANY ways to incorporate S/R levels in your trading...

Don't know if I'd be considered a scalper or not.. I trade ES exclusively... Usually 3-6 set-ups a day using 3-minute charts... I try to pull 1.5 - 2.0 points out of each set-up... usually not a problem... I set break-even stop when up .75pts. I use BB, 1 and 3 min. STOs and MAs, as...

The main difference is the time it will take to get your order filled... with the e-mini's, your market order will be filled almost instantaneously, because it is a fully electronic exchange... orders are matched instantaneously by computer. with the BIG one... you'll have to wait a bit...

<<"Are you now with DT Futures?">> Yes... One week and so far great! Their FAST platform is simple to use and though it does not offer a lot of bells and whistles... it helps get the job done QUICK! At $7.00 R/T ALL IN... I'm very pleased :) Plus... phone is answered...

Considering we're talking aboout e-mini's here, almost any brokerage will electronically send your order straight to the exchange.... so slippage is not an issue here. Unless you're position trading, $10 will kill your bottom line! I suggeat you find the cheapest broker you can find that...

BTW... I DO NOT have to do 1000 Turns to get this rate either... NO Volume minimums... only $5,000 needed in account... and daytrading margins are 1/3 overnight... Speedy executions and good CS... Dave

I pay $7.00 FLAT all-in... Dave

"Problem is that when this happens 6 or 7 times in a row you just give up thinking the market is going nowhere only to find you miss the move you were trying to catch in the first place. " With all due respect, Funster, if you are getting stopped out 6 or 7 times before the market finally...

What 90% of futures traders will never learn and/or can never seem to absorb psychologically is the tried-and-true cliche that you MUST cut your losses QUICKLY, QUICKLY, QUICKLY This is THE #1 reason ALL traders, whether futures or stocks FAIL... People, by nature, hate to admit when...

Someone correct me if I am wrong, but I believe in order to get the 4:1 margin you need a minimum of 25K in your account which would be designated a "daytrading" account. Version... I believe you may be correct on this aspect. Dave

SA... here's a couple links that give a basic outline of the new rules http://daytrading.about.com/library/weekly/aa083001a.htm http://www.thestreet.com/_cnet/markets/taleofthetape/1525781.html

Faction... No... if you do more than 3 daytrades in the 5 day period, you will then be restricted to trading on a CASH-ONLY basis, and thus be subject to the T-3 settlement... this of course is unless you bring your account equity up to the required $25,000 by either depositing the...