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    The Chronicles of Rennick

    Caddy, I'm sure you have a point to make somewhere, but it eludes me. The market turned weak at 10:00am EST when the data came out. Anyone watching their intraday charts saw that transition in real time. Didn't they? Am I missing something there? After two days of constipated price action...
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    The Chronicles of Rennick

    "Why don't you post your blotters in the trader P&L thread for a while and show us that you do walk the walk." mschey, I might just do that. What's my prize? What do I get in return as a reward? What would motivate me to do so? FTR, I passed up an ER sell signal that went for +5pts. I...
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    The Chronicles of Rennick

    Last night's post: <i>"My point is this: to hell with what time on the clock certain predictions come to pass / don't come to pass. Let's not abuse Rennick in any written = verbal manner for what he conveys. Capiche`? <b>Let's never run the risk of having him say, "Oh what's the use. I'm...
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    ER2 trading strategies

    I've been trading the ER (along with ES) primarily since 2003. The volume has swelled exponentially, along with program trades via the IWC arbs. ER used to be more trendy than it is now, much more intraday noise than before. However, it is a great <b>intraday</b> swing trade vehicle...
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    What is the worst one day loss you ever had?

    My toughest loss was in Jan 2004 trading ZB 30-yr bond futures. Had a 10-lot short going into some employment report with position up +'8 ticks in my favor. Stop was at -'8 ticks from entry, which gave a full '16 ticks cushion from current market to stop order. The news came out, bond prices...
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    The Chronicles of Rennick

    Uh, Pekelo, I think electricity officially flowed thru wires sometime after Galileo (my old country fellowman) went from genius to fertilizer. I could be wrong, but wasn't Ben Franklin the discoverer of that? I hope the ball predicted a down morning... short to the gills and piling on is the...
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    Does trading wear you out?

    Huge laugh! My daughter is 23 next month. I'm 42 the day after Xmas. Most of my friends blatantly oogle and comment about girls her age or younger around me. Quite confusing, to be honest. Thankfully, one girlfriend in her "30s" is too much to handle as it is. Sorry to go off-topic of the...
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    Does trading wear you out?

    Dear Steve: try phoning younger girls? Please don't tell my friend Leon about your exs' exploits. I'd never get any work out of him as he frantically paws thru tattered old black books of his own :>) * Intraday trading can be exhausting. Many times in the past I've gone right to the...
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    The Chronicles of Rennick

    I mean no disrespect to you or anyone, <b>Bitstream</b>... none at all. I only tried to focus on what is most valuable to me and presumably many others in this thread: positive, happy, humorous, brilliant content to brighten & lighten our day. All Positive, All The Time Austin
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    The Chronicles of Rennick

    Bit, let me rephrase what I said to say what I mean: Regardless of what Rennick writes about, I appreciate his manner of writing far more than topic content. I read some posts in this very thread tonight which were critical enough to the point that a moderator had to edit & warn people about...
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    The Chronicles of Rennick

    Bit, you missed the point... the brilliance of this thread is Rennick's gift with words. That is 100% what I meant to say, so that we're totally clear. Let everyone argue about what the market did at what time on a clock versus the prediction. Who really cares about that stuff? I'm hoping...
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    The Chronicles of Rennick

    <i>"A nervous looking Rennick still holding his overnite short position slowly approaches the Mighty "Chrystal Ball". Hoping it shows what he wants to see, he circles it twice and finally works up the courage to take a look. With bugged out eyes Rennick belts out a "HOOHAA"( like Al Pacino in...
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    It is IMPOSSIBLE to make money in the markets

    <i>08-22-06 04:18 PM The thing is, the same effort, lets say selling <b>junk</b> of one kind or another to the public would be less stressful and more profitable. Trading is hard work. Win lose or draw."</i> Steve46, I apologize for the sarcasm on my part in the previous post. I used the...
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    It is IMPOSSIBLE to make money in the markets

    <b>stock777</b>, I agree with you that <i>learning</i> how to trade is really hard work. The time spent inside that curve is usually much longer and much tougher than anyone ever imagines. Once the curve is negotiated, successful trading is a lot easier than most other professions by <u>relative...
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    It is IMPOSSIBLE to make money in the markets

    I'm with <b>slapshot</b> 100%... parallels my style of trading real close Today's activity: morning - long ES 1302.00 = trail stopped 1304.00 (+2pts) afternoon - short ES 1302.75 = trail stopped 1298.75 (+4pts) That's it for today... no further interest in trading this session from...
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    500k with 50% return

    fwiw... if I could take $1,000 to $500,000 in a year thru any business vehicle, repeating that exact-same process would be my primary focus. <b>LuckyP</b>, unless that window of opportunity is / will shut for you, sticking with what already works is by far your best application of cash. If...
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    500k with 50% return

    <i>"I call BULLSH*T! Never been documented over 10 years."</i> I guess the question is, what are we trying to document? I have personal friends who average +100% annual profits in trading, or more. They have six-figure accounts, do not risk wild-a** amounts of capital per trade or anything...
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    attack religion without fear

    <i>i have no problem with a believer who follows matt 6.6 but when you try to force your beliefs on me or our education system i object.</i> <b>vhehn</b> is 100% correct... atheists and christians alike should never try to force their belief on another. Present both views equally in school...
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    attack religion without fear

    Stu, if we fixated a different thread on solving the chicken or egg sequence, how much energy of effort & thought would be involved? Where would the solution come from, and at what cost? Belief in anything is simply a decision of faith. It also includes an understanding that no factual proof...
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    attack religion without fear

    <i>"Religion's existence or fallacy has an infinite amount of points in support of or deference to. <b>What one chooses to believe</b> is what slants the arguments & evidence either for or against. It really is simple as that: religion is what we choose to believe."</i> In 42 years of life on...
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