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Yea check the other ET thread as linked to above where he claimed he was going to trade for 20 days and post his results after having a drawn out disagreement with marketsurfer on the idea of trends. Prof was the one pushing for this trading contest/exercise and calling marketsurfer out only to...

Wow after all of that big talk on perfect and flawless, when it comes time to really prove it he backs out. That was sure a lot of hot air then that he spouted about a couple of months ago on proving his claims. It is not really shocking but makes you wonder if he started thinking he won't be...

Wait until they make you update to the new version of the Transact software to comply with the TT settlement and all the size on the bid and ask columns disappear everytime you move your mouse over those columns. Then you will be pissed about having to pay a software fee. I started a thread on...

Thanks for the response. When you say one tick risk is that 1 half tick or one full tick against you and a target of a minimum of 3 half ticks or 3 full tick.

I was talking about Transacts execution software, but realize this TT settlement might effect numerous software providers as evidence by TM. The transact software is doing the same thing with the ladder but as of right now they have not forced everyone to switch over to the new version of the...

I do not use the tradermaven frontend but use transact execution software. I was told the eventually everyone will have to switch over. They only thing to do is hopefully have an older version or find one. However like I said that is only a short term solution and can change at any point...

In todays example on the 2 min when you are saying that you are buying the dip below the 9 EMA with the slow stoch rising, are you buying once it crosses back above the 9EMA for your entry price? If not how are you determining where in the dip to get in since dips can vary greatly in size...

I started a similar thread today too but not much interest in it, which I was surprised at. http://www.elitetrader.com/vb/showthread.php?threadid=61651 Wait until all the existing users are forced to switch over to the new versions. Then there will be an uproar as everyone suddenly has to...

Not that I know of unless you can find someone who downloaded the old version onto their computer and still have it. Although in the big picture that will probably only be a short term fix. I know they started charging a fee for their software unless you are doing a certain amount of volume on...

I would suggest to not download the new version of Transact trading platform, especially if you have the old version. If you are switching computers hopefully you have a copy of the old version for now. I am sure these changes have not been talked about too much and hopefully is not the...

Thanks steelhead for the compliments. I too think traders who have managed to make money for a few years in trading have the characteristics to be able to be widely successful in other ventures by applying the same time, effort, and disipline they have developed and used with trading. I...

You read to much into my examples as I was only making a point. I have never made less then 40K on a bad year after my first year of trading. My good years were way more then this. The marginally years were in between. This even included a time at a prop futures firm where I made much more...

I have a friend that hit the market at the right period and did decent for a few years 200-500K but hated everyday he traded. He was only doing it because he knew he could not do anything else that made that kind of money. Now that those outsized gains have disappeared for him for the last...

I agree with you about the trading and making way more then that without watching ticks. I will continue trading, just not on a full time, short term, sit at a computer 8 hrs a day, intraday trading basis . However I will have other interesting things going on too which I will be focusing more...

I did not say I can't make money. Making money is not a fuction of the market but many times the trading conditions of the market determine how successful and how much one can make in the market. You see that point proved all the time. For all those who love to look to Jesse Livermore -- he...

I totally agree. I once had that single minded mentality and was too closed minded to see all the other available opportunity out there too. I have a feeling there are many other successful, unsuccessful, and those hoping to some day be successful traders out there with the same thought...

Thanks FredBloggs. You seem to have a good handle I want I am talking about.

I have played in both leagues. However I never consistently stayed in the majors which is why I started trading in the first place. I think many traders do not realistically look at their circumstances now and where they might be in 5 yrs with all of the changes in regulations, automation...

Totally agree.

Thanks for the people who have sent some very good PM's as I understand why you would not want to make a public post. This thread has been off topic for a long time although I have tried to get it back on topic. I feel like I am just answering things I have already posted on and think I have...