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  1. J

    Did Robert Hoffman really lose 312K in a single TF trade? Yikes!

    Is what I'm reading in the other thread true, that he lost 312K in a single TF trade by averaging heavily into a trade that went against him? If so, I think I just lost whatever ounce of respect I ever had for him as a trader. The reason I just lost all respect for him as a trader, is...
  2. J

    I am being SQUEEZED!!!! by the ES

    I got squeezed out of ES last week also. I'm looking to get back in though. The question is: do we get a pull back to 1225-ish now? Or, do we see 1250-ish (or higher) before we get a pullback to 1225-ish or lower? Catching the corner is tough, since it is countertrend trading!
  3. J

    Is Phil Grande's paid trading site any good?

    I've been listening to Phil Grande's free radio show archives at http://www.philsgang.com and he has a tendency to brag about how well him and his "gang" (the paid members of his service) have been doing in their trading. The service is $39.95 a month. Will joining result in profitable...
  4. J

    ETF options taxes

    I have ThinkorSwim and as a TOS customer I get access to a free Gainskeeper report. In my 2010 report, and they count my QQQQ options as short-term. They do NOT treat them as 60/40. Does everyone else find this to be true on TOS for SPY and QQQQ options?
  5. J

    Tradeguider gets an "F" from the Better Business Bureau

    It says that there were 2 complaints. One of them got no response. I have no idea if the complaints were valid or not...all I know is that there is no holy grail in trading and, in my opinion, those selling you systems or software are not in it for altruistic reasons. They are in it to make...
  6. J

    Tradeguider gets an "F" from the Better Business Bureau

    Guess the holy grail doesn't exist after all. LOL http://www.bbb.org/chicago/business-reviews/computers-software-and-services/tradeguider-in-chicago-il-33002322
  7. J

    Did TOS really temporarily increase margins to 50% of contract value on Thurs?

    I've heard that, on Thursday, Thinkorswim temporarily increased intraday margin requirements on futures to 50% of the contract value. I realize it was for Thursday only, but that sounds like a drastic jump that would have caused people to get instant margin calls at the worst possible moment...
  8. J

    ThinkorSwim DOM speed versus others

    I currently have a TOS account. I am concerned that the DOM (Active Trader) is visually slow to respond to price movements in comparison to other platforms like NinjaTrader and Infiinty's platform. I have a demo version of NinjaTrader running from another broker and Ninja responds much, much...
  9. J

    forexmentor courses

    This link SHOULD work: http://www.elitetrader.com/vb/showthread.php?s=&threadid=174130&highlight=live
  10. J

    forexmentor courses

    That is correct. I did the best I could to follow him, but it would be unrealistic to expect to PERFECTLY follow him, and...who knows?....maybe that would be necessary to be profitable over time. Another issue is that he scaled into as much as 1 or 2 hundred contracts at times and scalped 1...
  11. J

    forexmentor courses

    I'm not understanding why anyone would believe me to be a shill. Based on my 2 months experience in the room, I don't really recommend it. While I believe that, over time, the person running the room is likely profitable, I lost money attempting to follow him during the 2 months I was in...
  12. J

    forexmentor courses

    I was in a room mentioned in this thread, and ultimately, it didn't help me. I believe he does trade live, and he probably means well, and probably is profitable overall from his trading, but the style of trading really wasn't for me, and I didn't make money following him during the 2 months I...
  13. J

    powercharting.com Robert Hoffman

    I was in this room and, in the end, it didn't help me. I believe he does trade live, and he probably means well, and probably is profitable overall from his trading, but the style of trading really wasn't for me, and I didn't make money following him during the 2 months I was in the room. I...
  14. J

    Exp traders ... 5 Fatal Flaws of trading

    Do you place it on the most recent closing fast arm value? Do you raise the limit order price if the fast arm value moves up on the next bar and you were not filled, or do you just not take the trade?
  15. J

    Exp traders ... 5 Fatal Flaws of trading

    Thanks. I'll check that out. I have charting software with MESA. I think the key is going to be how to determine when NOT to take a trade. I've experimented with moving averages and I've found them not to be profitable when trying to trade them in strictly a mechanical manner. In other...
  16. J

    Exp traders ... 5 Fatal Flaws of trading

    What moving averages do you like to use for daytrading, and on what timeframes, and how do you use them for trading. Do you buy pullbacks to a MA if the intraday trend is up, or do you use some other method? How do you prevent from getting whipsawed on a choppy day? How do you know when to...
  17. J

    Exp traders ... 5 Fatal Flaws of trading

    I would really like a trading platform that would secretly take the opposite ES position that I intend to take without my knowing it. In other words, if I want to go long ES, then the trading platfom would secretly short ES, but still tell me that I have a long position. If I think I'm...
  18. J

    Which real live future trading room I should choose?

    I was a member in August and Sept, and I just wasn't happy with the style of trading done in the room, and didn't make a profit from taking the trades in the room (and I suspect most others in the room likely did not either). There was always the promise of better trades in the future, but...
  19. J

    Which real live future trading room I should choose?

    I thought plan C was starting a trading rooom. :)
  20. J

    Which real live future trading room I should choose?

    Ideally I would like to swing trade the futures and catch some big moves in my favor, but the problem is that I've gotten my head handed to me if it went the wrong way. I was too bearish during the rally. Perhaps my best bet is to only swing trade if I happen to catch a good entry during...
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