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  1. K

    full size entry or average into full size?

    Yes, it can, and for me, it’s a tradeoff. As per your example, if I enter 1 lot at 990 and then another lot at 994 and now the market pulls back to 992, I’m at break-even. I guess one can also look at how and when to add. My reason for scaling in is so that if my entry happens NOT work...
  2. K

    full size entry or average into full size?

    I scale in. As much as I may think it is a high probability setup to enter, there’s never any certainty that it will work out, so it doesn’t make sense to me to load the full size on the initial foray. If the market begins to show me that it can and in fact move favorably, I’ll add...
  3. K

    Fed up with Tradestation

    Nitro, thanks for the info. I was under the impression that Dynastore was capable of performing the backfill (since GS isn’t) in order to eliminate gaps on the chart when interruptions like reboots occur and keep the data continuous just like TradeStation 7.x. Perhaps it’s just with...
  4. K

    Fed up with Tradestation

    Nitro: What has been your experience with Dynastore and TS2kI’s Global Server in terms of it’s reliability and stability during high volume/fast market scenarios in the past? I know you use IQFeed, but I understand eSignal is also compatible. You also mentioned filtration of bad ticks...
  5. K

    got slapped around today

    Daytraderpete: Today’s market was actually okay for my trading system, as I found yesterday’s to be a tougher one. However, I definitely know that feeling of wanting to “make it back” after a down morning. It’s an urge I’ve come to learn not to fall prey to when it does...
  6. K

    Early exits are killing me.

    Fast_Trader: If you’re constrained to only trade the first hour of the market open (and sometimes only the first ½ hour, like today), due to your other job schedules, then it is to be expected that your profits will be limited to what the market makes available to you during that allotted...
  7. K

    Early exits are killing me.

    Fast_Trader: If you don’t mind disclosing (although you mentioned 2-4 minutes), how soon are you taking your exits relative to your profit target(s)? Just shortly after price leaves the gate in your favor, about half way through the move or close but just shy of your target? Kermit
  8. K

    Are you losing?

    Okay, I see, Paulus. Then might I recommend that you augment your mental trick where by you do NOT put importance on the outcome of any ONE trade (after all, you already know where you’ll get out if you’re wrong and it’s well within your risk parameters) – and perceive it as just one...
  9. K

    Are you losing?

    Paulus: It seems like this can easily be remedied by placing a working stop-loss order with your broker or online order-entry system, if you haven’t already considered it. Then you don’t have to worry about closing out your losing position; it’ll be done for you – provided you refrain...
  10. K

    How many day trades do you manage simultaneously?

    Frank123: I don’t think there is anything inherently wrong with just focusing on the one trade you are currently in and not trade anything else IF your strategy and style dictates so. Personally, I much prefer to handle one trade well at a time than to juggle several simultaneously and...
  11. K

    What to allow through firewall

    AAAintheBeltway: Dougcs’ suggestion is good. Make sure your PC is clean first. Then you may want to start fresh by removing all the existing programs that are listed under the Program Control tab of ZA. After that, under XP’s START button run the msconfig program and go to the Startup...
  12. K

    what's up with innerworth?

    Looks like their e-mailings have resumed. Got one in my inbox this afternoon. Hope it continues. Kermit
  13. K

    Ramp up size of ES, NQ

    Spreadem, If you are pleased with your consistent performance in trading 1 and 2 lots, then I believe it makes sense to ramp up to 3 lots and then 4; but be prepared to back off to trading 2 lots again if your results begin to suffer. Of course, this needs to be done with the larger...
  14. K

    Rollover to the "U" contract today?

    YW, Sarasota.
  15. K

    Rollover to the "U" contract today?

    CaroKann, I think there are 2 questions in here. One is Sarasota’s quote regarding traders not rolling over to the June until the Monday of the expiration week and not the Thursday before. Then there is the other question of eSignal rolling over to capture the September contract prices...
  16. K

    Rollover to the "U" contract today?

    Sarasota: Check out this site for more on Continuous Contracts: http://www.norgate.net/continuous.htm Kermit
  17. K

    Understanding the Squawk

    That guy’s the fastest talker I’ve ever heard. Never knew anyone could speak so fast! Kermit :eek:
  18. K

    Daytrading E-minis

    …and the challenge is in the psychological ability to handle a 10 fold increase in position size. Kermit
  19. K

    Understanding the Squawk

    YW, TGregg. I think others who have already responded summed up very nicely their answers to your questions. It took me a while to get used to the broadcaster’s lingo; but once I got the hang of it, it was pretty straightforward. And yes, as Jordan pointed out, watching the price on the...
  20. K

    What supported the market, 6-9

    Tradersaavy: If I were to take a crack at it, it looked like a 161.8% fib extension from today’s 9:41am low to the 10:01 high; which is also confluence area from the 10:19am high to the 1:03pm low of last Friday (6/6). Kermit
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