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Hey Powerfade Trader28 uses multiple aliases because he is banned from the site. The owner wants him off so every time he shows up in the threads he gets kicked off again. Thus he has to make up another alias last night he got his ass kicked off twice. As long as he stays here we...

Jimmy; I have no reason to get emotional The guy isn't worth it He wants to challenge everyone, fine Problem is he has pissed of the wrong people Now its a matter of time Thanks Steve

Welcome back to your prison Trader28 If you go back into the site forums you'll be kicked off again and again until you decide which option you want. laugh all you want as you leave :D

Hey Folks the newest alias "Newbkilla" was just removed from the site..... What we are doing is working. We intend to continue the process until trader28 leaves the site, or decides to comply with site rules. It will be one or the other. Thanks everyone for your help. Steve

I guess Rowshan doesn't remember how this played out the last time... In my opinion Rowshan is trying to buy his way out of his bluff Why do we need to bet to see if he trades? If he's a trader, and he brags about all the $ he makes, he should be willing to back it up with a blotter. I...

Just spread your scales out (further apart) for the YM and you will be fine. 1 ES point = $50 10 YM (Mini-Dow) points = $50

No, I use discretion scaling out. It depends on how I see the tape play out. I watch the size of the spread as price moves around. I watch the size on the bid and size on the ask...It would be difficult to describe how this works for a new or struggling trader. I think the best way is to use...

Depends on the context. For instance, today we opened at 1253.75 and the previous value high was located at 1243.75. One of the reasons I took my initial short was that I am betting that the market will test back to the previous day's value area. Today that bet worked out. So early in...

Its "par for the course" here. There are few professionals left after the recent problems with trolls on the site.... I imagine like most things in life, that it will eventually swing the other way, but right now, you have a lot of folks with emotional issues responding to threads. So...

Okay, so at this point, I think I have put together a nice set of suggestions for new and struggling traders. If you are having trouble getting to profitablilty some of these ideas may help you..and of course you are going to have to put forth the effort to change the way you do things...

and another chart to illustrate a couple of concepts happening concurrently 1.) "Peekaboo" 2.) Test of the 80 period MA 3.) Lower Highs So my comment here is a simple one. What you want to do is to get enough screen time in, that you see these things and you realize the significance...

Here's another concept that may help struggling traders I call it "peekaboo" While we still have an S&P pit, you should be aware of the way that locals drive the market. What happens when price consolidates for a while is that locals and institutions move the market above/below a point of...

Apparently your IQ dropped a few points since the last time you posted. :D :D keep'em comming Einstein

I got stopped out on that trade took a 2 point loss plus commish Total for the day is 15 points minus 2 points minus commish Choppy action so I am standing aside

Looks like another test of the longer MA I have gotten paid already today, so I will re-load on this test and see if it reverses.

and it takes out the low and another scale out at 1237.50 for 5 ES pts Looking for a move to 1232.50 which is at the monthly S1

and here we see it breakdown Another scale out at 39.50 for a profit of 3 ES points Looking for price to take out the low at 38

Another test and short entry This time leaning on the pivot Short fill at 42.50 One scale out at 40.50

As you can see, this one failed I got stopped out Short entry at 1245.50 One scale out at 1243.50 then it reversed on me and I took the two point loss for a breakeven trade less commish. plus 2 on the scale out, lost 2 plus commish on the exit

and here is that "next setup" A test of the longer MA and a short entry after the failure Sorry again I could not do this in realtime But you can compare it to the many other just exactly like it in the previous posts. Good luck everyone. Steve