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While I will agree that we a far from perfect there are a few items on your list are blown out of proportion. Slavery and making people sit at the back of the bus. There is no excuse for this so I won't even try to defend this. Dropping WMD on the Japanese. While it may be hard to believe...

LOL, I think most people follow this line of thinking versus my line of thinking. But I thought it was ironic that the business I own is doing brain surgery cases. And to make it even better I started out doing weekend cases for extra money. Maybe that is I have a successful business and...

Thanks for the mention Magna. I had a great time with that journal. Maybe when I get to retire I can get back into the daytrade scene. As a former Raging Bull member I will say the guys here are a lot better and so is this site. Gary

I know my opinion goes against what all the big guys say but let me explain before you jump my ass for it. When I was in medical sales every year we had to prepare a territory business plan and present it to all the other reps and VP's all the way up to the CEO. Year after year I noticed guys...

The problem I am referring to isn't just on the loss side it also goes for the winning side of it as well. Greed is another factor. Lets say you do build up a sizable account then all of a sudden other people want more than they deserve. Even if there is a contract and all the legal matters...

CM, I know this doesn't answer your question but coming from a business background as well as trading I would like to say this. Mixing business (even trading) with family or friend relationships is even more risky than trading itself. Make sure to ask yourself if this is a relationship you can...

This is the same as a bull/bear flag. I like to wait for a breakout of the flag before entry. Very reliable if you follow all the rules for trading flags.

Just trying to help. Have a good trading day tomorrow.:)

I don't think it really changed anybody's mind one way or the other. I figure if you are one of the few making money consistantly stick with what you are doing. You made 3 points today while a lot of people lost a lot of money. Could you have made more, sure but you could have lost more also.

Uh Oh...When B1 sees this he is going to chew off your typing fingers http://www.elitetrader.com/vb/showthread.php?s=&threadid=78975

My calls have made some good money. This is the way I would have preferred anyway. When I bought into this straddle I was bullish on it anyway. Last week I turned bearish and I was wrong to change like that. My calls expire in Dec so I would love to see a Santa Clause rally. My puts expire in...

That is why I do straddles and strangles on my option trades. I don't have to be right this way I just need more movement to make my money. If things really work out I will make money on both sides.

Looking at this chart you will see where old support has now become new resistance and the beginning of a bearish channel. Just a month ago I was very bullish on it but I do believe the tide has turned. JMO Though, Gary

I was kind of expecting the ES to hit 1400 before the election. When it stalled the week before I knew it was in trouble. That is also when I got out of my Q's trade. I no longer had my hedge to the downside so I just took the profit and ran. Right now I have a straddle on INTC going. Expecting...

Hey Romik, Just wondering if you are still holding those shorts you bought a while back? I haven't been keeping up with the ES lately but every once in a while I do check it out. Gary

The thread is about 90% emini but the way I trade a chart is a chart. I have traded stocks, options and now futures with the same method. I had to make some modifications for the short timeframe on the emini but trading is trading and every chart has the same formations. Every chart will show...

I don't know how much reading you want to do but I had a lot of new traders come into my journal to learn. All the experienced guys were very nice and always answered to the best of their potential. Check it out and see if some of your questions don't get answered...

Nope, they expired worthless last month. That is part of the reason I sold my calls today. I think today could have been a turning point and if that is the case I'll be going short.

Romik, Today I closed my position on the Q's. I am now neutral. I closed at 42.25 giving me a realized profit of about 130% or 13K. Gary

B1, Tradequicker is Porgie, not me :) Gary