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Do you actually trade this or is it a program? If all you had to do to make money is write a program to buy when price crosses above 60ema and sell when it crosses below we would all be rich. And why not just program it because a computer would be a lot faster with the trades. I think...

Are you using AT&T? Mine is working fine but they released an announcement saying they are having some service interruptions for people with AT&T and they are trying to fix it quickly

I had a put position in the USO

Who said TOS has been having bad data for weeks?

I'm the best at scalping the YM here. Check out my new plane http://www.boeing.com/commercial/787/images/K63966_lg.jpg

I feel like if food prices were low this guy would be a writing a column on how a poor farmer can't afford to send his kids to college. And his ridiculous idea that exxon should pay for people's gas. How about something realistic like less government support for ethanol, which would help...

You're an idiot. The distinction between McDonalds and a trading firm is McDonalds *needs* customers to make money, a successful trading firm *doesn't need* customers to make money. Example: Steve Cohen will make a shit-ton of money regardless of how many customers he has. Example 2...

Because oil stocks only go up? Last two times exxon was at 95 it fell 11 points, and the second time it fell 17. Also note how I mentioned going long if it broke through 95.

Good point. Normally I like to wait for a pullback, but I'll just buy on monday and use the 200sma as a stop.

My father asked me to looks through is portfolio tonight and he owns TEX, which has a damn nice chart right now. You have an inverted head and shoulder back from November. A smaller inverted head and should in March. And this thing just broke the 200day SMA on high volume. I'm going to buy...

I'm not interesting in holding for the long term. I'm thinking about shorting around the previous double top at $95. But on the other hand, if there breaks through $95 there is probably some good upside.

Step 1: Sell short x shares of $2 stock. Step 2: Buy shares back at $1 Step 3: 50% Profit

Who else is watching the XOM triple-top/breakout? It's been very strong this week.

Exactly. Who would even consider buying something from this guy?

I just skimmed this thread, but let's see if I get the general idea. Someone named Spectra charges large amounts of money for a service that takes large risk to make a few ticks on YM futures. And although supposedly running a business, his posts have the maturity, writing ability, and...

Sorry I phrased that wrong. What I meant to say is why trade futures on the SPY instead of ES?

That's one of the things they mentioned recently for future improvement for the platform. So hopefully in a few months

Well I think he hedged so that maximum possible loss would be 13%. So if the market crashed or something the most he could possibly lose was 13%.

In one of the recent webinars they were talking about improving the futures end of their platform with a bunch of new stuff so it should be interesting

Why trade SPY instead of ES?