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DUMB-STAMPED™ Foolio: Please note that you can only be the recipient of the STUPID AWARD once. However, after due consideration, it was determined that your abusive use of the English language rose to a level that deserved some type of acknowledgment. Therefore we have DUMB-STAMPED™...

I give this post the STUPID AWARD of the evening. First, you don't bother to state what these so-called "bad" experiences were with globex. But then you switch, evidently have no problem, then do it all over again???? Like I said, you win the AWARD. I guess I'll ponder how trading globex...

I think your statement is completely false as it applies to globex futures trading. Next time you make a statement you should specify what you're talking about, otherwise some people may regard your statement as ill-informed. I think IB does a good job. They have had some technical...

Thus going to prove that you're ALWAYS better off being lucky than smart. Had you been here you would have lost on all of your trades I suspect because they were all shorts in a big upweek. Maybe your job won't call you away this week, AND it will be a down week, so that you can make some...

I've been reading it for a while. As I understand it, while it's free now, soon it won't be free. Maybe I misunderstand. I find the column enjoyable....but far too often it ends up giving you various alternative scenarios, which boil down to "it will go up unless it goes down". Had a...

You're exactly right! I've been watching this Bollinger for a long time....since he was a part of FNN. You could have lost a fortune listening to this stuff. Just figure it this way. Everytime your stock runs up sharply, it's at the top Bollinger Band. Everytime it runs down sharply...

LOL:D OldTrader

What bothers me about being a grandfather is having to sleep with a grandmother! OldTrader

57. OldTrader

I told you not to trade options the other day in a post. I traded my first option back in 1975. In 1978 I was trading a large amount of money for the firm I worked for at the time in the options market. My guess is that I've made more option trades than any 100 traders combined. But hey...

I think I've mentioned that I don't trade off of intraday charts. I only brought this situation up as an illustration of a possible trade that did not run according to form, one that I was aware of, was watching, and could give some comment on. But now that you bring this up, I think it's...

Vulture: Thanks for the reply. I believe that I stated in my post that I'm not sure that is "says anything". I actually watch the market depth for a variety of reasons. One of those is that it's a handy little box that I can bring up on my screen in the corner that serves as a check...

I got the size from the "market depth" feature that comes with the IB trading platform. Sounds like you're unaware of this. Basically this shows size on both bid and ask, 5 deep. I consistently watch this throughout the day...not that it necessarily says anything, but it's something that I...

Gordon: Well I admit I just skimmed this....that was VERY long! LOL. But if I may sum up I believe what the guy said was that he thinks he is wrong when he enters a trade, that the market must prove it right, and if it doesn't, he gets out rather than waiting for the stop. Actually if...

I don't take any comments made here personal. We all have a viewpoint, and certainly none of those viewpoints are any more or less valid than any other. They are all just opinions. That said, I still don't agree with the idea of trading 50 shares of QQQ, unless I am mistaken about aphie's...

A couple of comments: 1) Let me clarify the distinction between a "system", and trading with "discretion" as I see it. In a system you identify certain factors which produce a signal which when acted upon produces a profit over time. You act upon this signal each and every time it presents...

Aphi Just a few comments: 1) You seem to have given yourself "permission" to lose, as has most everyone else posting to this journal! Kind of like it is to be expected, like it's the norm. Don't know about anyone else, but I don't enter into ANYTHING expecting to lose, ever. I EXPECT to...

Thanks for the response Bob. And sorry to hear about your problem. Something pretty haywire there. My response was really directly more to the guys who were trying to short EBAY and QLGC. OldTrader

I presume you guys checked the "shortable stocks" list on their website. EBAY according to the list is not available. QLGC is. OldTrader

I think your caution is justified here Trend Fader. IF the market were to turn here, and that's a BIG if, but if it does then some of the relatively stronger stocks will likely be the leaders in the move. Most of these stocks are illustrating fairly strong characteristics, especially in the...