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Perhaps you could post some charts displaying their effectiveness with certain products? I use clusters of traditional pivots from different timeframes. I am interested in how Demark's work out.

Volatility, consolidation,Volatiity, consolidation.... Range Expansion, range contraction, Range Expansion, range contraction. Not so much random, just a cycle. Being patient and recognizing that today may not be the best day to put on large positions is the what the best traders are...

gnome, Why do you choose to trade the ES over other emini's such as the YM or ER2? Is it strategy or liquidity considerations? Thanks and great thread:)

I think that most traders are unsuccessful because they quit before they find success! Much like many other things in life....

I don't see any real liquidity in the December or March contracts. Am I missing something?

Interesting, Do you make something similar to this for your personal records everyday?

Refer to user name...

Daxscalper, I don't mean to pry but what is your approx commision for all that trading? I see you are with OpenECry? Thanks, and again I don't mean to pry so if you don't reply I understand... :)

Wow what is your commsion bill like with all that? :p

Yeah, trading for me is pretty boring. The only exciting part is when I get to go to The Home Depot and buy a bigger rake. To sweep in all that cash...:p

http://www.thetradingdoctor.com/pdf/ThisIsYourBrainOnTrading.pdf

I'll agree with your first two points but your third is a bit too basic for me. Yes, trading is simple in practice. More simple than say non invasive brain surgery indeed. But just like a skilled brain surgeon must master the difficult tasks of becoming proficient in his line of work, so must a...

I trade the ES, but on days that are going to big be big ATR wise (major overnight news) I'll trade the ER2 and be greedy. As a side note I have experimented with shorter time frames 1,2,3 minute and they seem to exploit a compulsive side of me that I try to choke off. Trading the 5-15...

I agree 100%. It's certainly not for people who like to trade more than 1-2 times a day though. I personally only trade 5-8 times per week but flat at the end of every day.

solely, certainly not. A majority of the time yes. :) Why do you ask?

You'll lose all of your money before you earn some extra on the side trading emini's. Perhaps you could look into learning technical analysis/Chart reading/investment style money management and find some position trades (a few weeks to many weeks) via equities to garner some extra cash...

The commodity futures market can move lock limit down or up against your position. Perhaps for days in an extreme situation. That is likened to a collapse of sorts. :)

Futures, Index or otherwise put more pressures on the unsophisticated trader. Everything you need to trade stocks successfully, you need to have refined to a crisp degree with futures. Especially your money management. If you have a difficult time with stocks, you will lose allot of...

Futures and 60/40 Tax Treatment The potential advantage at tax time for futures is that they receive 60/40 treatment, regardless of the time held. For Section 1256 contracts, 60 percent of the net gain (or loss) is taxed as long-term capital, and 40 percent of the net gain (or loss) as...

I typically trade the first 90 minutes and the last 90 minutes. I will trade lunch if there is a signal, but my methodology involves fading. Lunch time fades as you probably already know are typically very low probability. :)