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What was him mom thinking? I mean, what use is a day off in January when it's like -15 outside? :confused:

There are many routes you can go down. NinjaTrader (a program you lease and use with the broker of your choice ) and TradeStation (both software and broker) allow ATSes to be built, tested and run. If you really want to get your hands dirty, Interactive Brokers TWS product has an API. I...

Losing 67 points ... that's rough. You made out on your short trade though.

Yeah, averaging down! That's what I'll do. I just KNOW it's gonna pop soon!

Dow, How low can you go? How low can you go? How low can you go?

Exactly. There's just more "noise" on it, i.e. a 10-15 point "fuzzy zone" around its current price. The larger swings probably are down to the Dow being more volatile.

Hi, Is it just me or is the YM now more volatile and faster-moving now it's on Globex? It seems to be acting more like ES etc. Or is it just current market conditions ...

Their biggest mistake was letting go of ME (used to do IT consulting there in '04). If I'd still been there, things would be a lot different now. :cool:

No offense, but the greatest danger in trading IMHO comes from success, not failure. You enjoy the buzz of winning so much that it becomes addictive and you put on more and more trades just to get the high again. Needless to say, judgment is impaired and you give back your profits. I speak...

Not true in my case. If it was I'd be screwed.

NinjaTrader free 30 day demo with OpenTick feed (~$17/mo with Globex and CBOT).

I guess some are interested in his position sizes on ES in order to see when position size starts to work against you (worse fills, alerting the market that there's a big player on the move, etc.). When you see those market depth numbers flashing by in the triple digits, you wonder who or what...

Quite. I am under no illusions that it will be easy. However, I do understand that psychology and the human emotions of greed and fear are by far my biggest enemies. My weaknesses are as great as those of the next guy. I don't actually know if I can do it or not. But, the prospect of a life...

That's something I am still figuring out to some extent. However, I think I do, based on the following: - I have the aptitude - an intuitive grasp of numbers, statistics, probabilities, and data analysis - I have the attitude - the outcome of any trade I place, whether positive or negative...

For a thorough discussion of this topic, see "Trading in the Zone" by Mark Douglas. After I read it, my eyes were opened as to the true nature of the markets and what it takes to make it as a successful trader.

IMHO, as soon as you expect these 2-3% swings to happen, they'll stop. Or they'll go the other way to what you expect. Maybe you'll come up with a system that works great under current market conditions, but will then lose money when the market changes, and you won't know it's stopped working...

You mean like having stops 26x the size of your limits? :eek:

Better fills on a live account than with the paper trader? That's good to know. Anyone have any experience of how fills are with Advantage Futures compared to IB? I'm thinking of going with Advantage. Thanks for all your helpful input everyone.

What if his trading really does rock and everyone else's really does suck?

I should have been more clear. I use market orders for entry, and limit orders for exit (both directions).