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  1. S

    Tight Stops

    Join your chat? Yeah. Be fun to check it out. :) So just 4 days, not 2 weeks? Not a problem. We all need some time off. :) Sounds great! :cool: Umm... My measure will be how many % of the daily range I can take at any given day. I will measure you by the same. It's the most reliable way of...
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    STUPID MISTAKES ... poll

    Thanks for your kind words Samson, and most importantly, would like to re-emphasize your words here on actually IMPROVING it, and posting the results of your efforts on this thread - like I already said in the post where I attached the file. This seems to have escaped some. To those who...
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    Tight Stops

    Thanks. But remember, I make the majority of my money being a discretionary "flow" trader. Name any of the "conundrum" typicalities, and you bet I know them. I'll gladly discuss them with you. Firstly, my systems are different from those 99% of people seem to use. It only takes me one look at...
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    Tight Stops

    I do very much agree with your former comments, and the fact that this business consists of the smartest brains and toughest mo-fo's that have never failed at anything else in their lives, is self-understanding. However, I do disagree with your notion that a "system" cannot result in...
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    Tight Stops

    All the serious professional ES traders I know chuckle at the folks who use 8T stops and the like in today's low-range market. I won't go in on this, but thank you noobs and moving-average-crossover-traders for your donations. You know who you are. S
  6. S

    STUPID MISTAKES ... poll

    Jeez, that's a lot of people there on the upper end of the scale. I make more than one mistake a week still. I would bet those that claim to make less, are either those that are swing traders or take only 2-3 trades per day (maybe), or bullshitting, or aren't honest with themselves, or aren't...
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    The Surf Report

    Hey Surf, I've taken ALL my AUD longs off this morning, at the 7600 level. So I'm about 150+ ticks ahead from where we last spoke, and a few hundred more from where I entered first parts. I know it's looking bullish and AUD will ultimately most probably go higher, but I feel like our banks are...
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    The Ultimate DAX Scalping Discussion Thread!

    Qui Vivra Verra. :cool:
  9. S

    The Surf Report

    facultus! OMG you're still alive! :D How you going, brother? :)
  10. S

    The Surf Report

    Hi Wittgenstein. Did I say that? I used to be a scalper pretty exclusively, but that was over a couple of years ago. Now I trade short-term intraday scalp (breakouts and volatility), intraday swing, overnight swing (1-5 days), multi-week swing, and up to multi-month position. I even have some...
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    The Surf Report

    Alright surf, FWIW, some comments: Stories and Comment: Oil prices rose back to the $50 barrel range today as traders ignored a morning report showing a build in crude inventories and focused on John Kerry's concession speech, which sealed a second term for President Bush. Traders bet that a...
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    The Surf Report

    surf, nice going, but you shouldn't agree with me, as this wasn't meant to be a recommendation, just a purely rhetorical question. If you have a plan and your trade is working out as it should, stick with it till you have a contrarian signal, i.e. perhaps don't exit your short until you think...
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    The Surf Report

    I would have more than expected that Kerry would set an example showing a little more dignity than Bush the first, dodging his way into gov on the legal way. But enough of that. surf, seeing that Bush is back in - How do you think about your crude short? Do you have any worries that the...
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    The Ultimate DAX Scalping Discussion Thread!

    LOL! Hi GeeTO and welcome. This is still a clean thread, so stay on topic, please. :cool:
  15. S

    The Ultimate DAX Scalping Discussion Thread!

    Regardless of your number of contracts, all markets and particularly the DAX, will typically try to take out prior levels by at least another tick, sometimes more, just to see (and potentially sweep) any stops there. However, I would not think that even if those orders were visible, a 5-lot...
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    The Surf Report

    Man... Guess it's good I didn't get scared by surf's call and held onto my JPY long... :p
  17. S

    The Surf Report

    That is a VERY valid point indeed... :D Alright, no outfalling statements here, as this thread is run by a Republican... :p
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    The Surf Report

    I'm not sure if I agree with you, Wittgenstein. I'm just taking an educated guess. If you figure out a way to tell with any degree of certainty, let me know. One of Marty Schwartz's quotes comes to mind though: "Never short a Republican." ...
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    The Surf Report

    Aaah, not much, really. I might give the impression of Aussies being very interested in this hullaballoo, but trust me - apart from Americans, and maybe a few of their enemies, nobody else out there really gives a damn. It's just that I hang around too much on American markets and American chat...
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    The Surf Report

    Oh man! Duh! What did I write here??? If Kerry gets elected, yes the Dollar could skyrocket. Which means that "my currency longs AGAINST the USD (=short USD) will likely go down the toilet = go down. Next time you quote something out of the blue, make sure you read more carefully. Cheers.
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