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Not yet. Never buy only because something is down. Let it show some strength. Even if you miss it and it would've worked, one day you'll save yourself a lot of $$$.:)

Not yet. Never buy only because something is down. Let it show some strength. Even if you miss it and it would've worked, one day you'll save yourself a lot of $$$.:)

So I experience 100% of the postential loss, but only get a split % of upside? That's not very attractive. It sounds as though you are trying to learn from a successful trader, as you reserve the right to make the call and yank the plug on certain trades. IF you did find somebody to join you...

Me too. I'm was short bonds and got my nuts ripped off.

So how much should you pay somebody to spit on your frozen hamburger? That is just how America works, or worked. Don't be too concerned, because we have much bigger issues, and probably will rank a 3rd world country by 2009!:)

Likewise, Paulson introducing an #800 to help people in distress with mortgages. Oh man, is this gonna blow up.

Most likely because they spend all their time trying to escape the minimum wage. So, $11/hour is fine, but $10 is abuse?:)

Seriously, if you feel anxious or out of sorts, and your P+L is red. It dosen't have to be a fixed amount. What if you're up nicely for the day? How much do you give back before braking? :)

Stop when you run out of money, get margin calls, or get fired. Any one of the 3 and it's time for a break.:D

All above are good answers to the question. The important part is to answer the question truthfully. If P+L affects your trading in ANY way, you should not look.:cool:

It can be either, as long as it's consistent. If you choose to scale in/out, it must be mechanical so you don't outwit yourself with too much thinking.:D

Bloomberg calls it a "surprise cut". Just look at the daily charts; somebody knew! :D

I just did buy the dip. It's funny that Canadians are blaming the exchange rate primarily for the slowdown, and it is a factor no doubt. More importantly, the slowdown is a result of the recession in the US! I don't really trade off fundamentals, but your logic sounds rational. If the CAD...

Agreed. And in this situation, it dosen't matter whether Boston, San Fran, or even Detroit. It's all being affected by something bigger.:cool:

That's a signal in itself..:cool:

If you only daytrade, why must it be gold? Any vehicle will work.:cool:

I don't mean to be rude, but this is just plain delusional.

95% of ALL traders lose money (or go sideways), regardless of timeframe.:D

same thing down south

Liquidity is a more slippery slope with futures than equities. Look at the volumes for proof.