Interesting projections... Is this based on historical data, regression analysis, international market conditions, no china bubble, no housing bubble, no inflation, no interest rate hikes, hopes, dreams, fantasies?
I'm not a bull or a bear. Just call it how I see it.
You were probably buying all the way down on Feb 27th. I guess that makes you a market genius huh?
Keep up your obviously sustainable strategy. Good luck. I hope the market never goes down again... that would make my life a lot easier...
Hmmmm, taking advice from Cramer is not advised. My grandma also said she heard it was time to buy. Which is why I sold out all my longs today and started scaling into longer term YM shorts.
Hey Bear, does button trader have a static dome? Have you ever tried NT? I really like NT but it isn't very flexible once you have entered a trade. Unable to apply a different predefined strategy etc.
I use IB, Esignal for data, Ensign for charting and Ninja Trader for order management/automation.
I'm pretty happy with the combo but if anyone has any recommendations or comments I'd be curious to hear them.
neke... I would advise reading up on risk management. Kinda funny that you don't even understand what he means when he says he only risks 1.25% per trade... but not surprising. Good luck to you but you may have better odds at the craps table.
I am using Ensign Windows charting. I really like the power and control in the software and would like to incorporate some of the alerts I've programmed into my trading.
I am hesitant to go to Tradestation because they seem so commercial I almost feel I am surely gonna get fleeced. But again...
Thanks frost. I did a minor in programming but don't want to re-invent the wheel. Everything is telling me I should just switch to Tradestation. It looks like the only decent canned option where I wouldn't have to go to great lengths to set-up and tweak my strategies.
Thanks for your input.
I have been looking into automating a couple simple trading strategies. right now I have IB and use Ensign Windows for charting. I think there may be a way to program an API to feed orders to IB but nothing too easy to find on this subject. I spoke to Tradestation and Esignal reps since they...
Rough day today. Made $100 on 60 YM contracts.
Made some mistakes. Gave away 20 points. Should have been a nice day. Need to be more patient when I don't have a position and more apt to take profits when I'm in a position.
I always focus on risk first. Before I take any setup I look at the stop loss point, take the trade, then decide the target.
In reality I don't have too many expenses. Been taking a hard look at my monthly budget. Gonna have to be lean and mean. Also my girlfriend is able to help out a lot...