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Come on, tell us how you did it.

(a good motto for traders) "God grant me the serenity to accept the things I cannot change, the courage to change the things I can, and the wisdom to know the difference." Reinhold Niebuhr "There are two ways to live your life: one as though nothing is a miracle. The other...

Got a Masters in life sciences, started working in biotech without much enthusiasm. Then I was introduced to the financial markets by accident. Became hopelessly fascinated, started reading, then papertrading, then trading a small account for about 7 months now. I trade in the morning and work...

Today's trades: QLGC3G SHORT 1 at 33.97 COVER 1 at 33.95 (bkeven stop triggered, was up 0.15 then retraced) P&L=+$1 :D LONG 1 at 34.35 SOLD 1 at 34.19 stopped out P&L=-$18 Then news on Collins Rockwell's buyback popped on Briefing: COL LONG 100 at $20.36 SOLD 100 at $20.55...

No PDT and the leverage allow you to daytrade if you have a small account. Very thinly traded though, it's mostly you against the MMs, and that's a tight spot to be in.

Traded AMGN today, shorted 1 contract around 11:25, and put a stop limit around 0.22 higher (trigger at double ask, limit 0.07 lower). I think I got gypped by the MMs - they whipped the ask higher (without stock price moving up) and triggered my stop before I could cancel it. P&L=-$15 Does...

It's a delicate thing, triggering your stops off the stock price, because the difference between stock price and SSF BID/ASK is variable with the direction of the stock. Let's take your average SSF, say QLGC, with a 6-8c spread , and let's say you're going long. If stock is moving up, bid is...

... to quote hii. Shorted one QLGC Feb contract around 9:40 at $33.10 on MA crossdown, and chickened out on a wiggle up around 10:00 for -$6. Re-entered a few minutes later at $32.80 (wide, wide spread), watched it go down to $32.67, then it started up - thought it was only a wiggle but it...

Jerry, Is there a list of ticker symbols somewhere inside Help or on your site? What are the tickers for ES, NQ03H, and NQLGC03G? I can't figure out how you create a symbol that works with the IB feed. Thanks, vorzo

hii, I couldn't trade today because cable was down. Did you get rid of the 2 QLGC contracts you had? It gapped up to 33.20, then down to 32.40, back up to 33.80, down to 33.00 then up to 33.40. Whoa, what a ride! Did you trade it some more?

Couldn't trade today as the cable provider had maintenance scheduled for early Mon morning. It was supposed to be done by 5 am, but it's not up even now. They better fix till tomorrow.:mad:

Jerry, I downloaded the beta last night but I couldn't get it to work with SSFs. So I had TWS running, the quote source under Preferences set to IB, News and Indices to Quote.com. Nothing came up though when I typed in a SSF symbol, no quote data or chart. Maybe I didn't get the ticker...

Haven't been quite following strategy. Plus the small account size - a few losses in a row can be fairly demoralizing.

Jerry, Can you chart intraday SSFs with QuoteTracker using IB feed? I tried and wasn't able to. Thanks, vorzo ps. Are you the guy that wrote the software? :p

hii, I will join you tomorrow, getting my feet wet with SSFs. Good trading, vorzo

That's right. I've programmed the same strategy into Wealth Lab, but adding the stop losses and it's still profitable (about $120/week per NQ contract). The funny thing is that WITHOUT stop losses the strategy is 3x more profitable and the maximum drawdown is 2x less. You get a few bigger losers...

So you are still long two contracts QLGC over the weekend? You should've sold and gone short when it turned against you. On Fri markets gapped up, and the historical tendency is to fill the gap. Unless there is real strength in the stock (upgrade, report) it will tend to follow the markets -...

Do you mind posting the trades with some comments? Thanks, vorzo

db, I backtested an EMA crossover ( 20 and 5). Entry - open of the next 1 min bar after the crossover (long if crossing up, short if crossing down) Exit - open of the next 1min bar after crossover in opposite direction. Backtesting results - profits of $50-200/day per NQ contract traded...

hii, How's your incursion in the SSF realm? I watched QLGC and QQQ today, but refrained from trading. Some wide swings in OLGC. Cheers, vorzo