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This is my assessment too. It makes no sense to drive business away from American exchanges; it also predicates long term damage to American exchanges as free markets if political interference is sanctioned. The CL contract would have its liquidity reduced to the detriment of all users of this...

The Peak Trader Pro package just gives a grouping or consolidation of commonplace data: - trendlines or channels which are as old as the markets - 5 min bar pro rata volume which you can already segment in 1m bars or other formats - DOM which you can access on your charts or brokers package...

Yes, you correctly note that this is the clue. You have to bear in mind that many posting at ET now, won't be, sooner or later. They do not see where the real money can be made; so they may not even get around to trading but if they do or have done so, they will mostly, at best, scrape up some...

There is no light at the end of the tunnel. This you will find is an unhappy answer but it will save you time and bring you to the truth. You've already had the necessary signs of it being "very frustrating". That is the experience of the many. Learn from it and go away. You happiness and...

That was no surprise because everyone knows there is an unending supply of fantasists continuously arriving at ET. There will always be some wanabes trying to lead you further on. But here is the answer. Forget it. Trading is for the very few players who learn or know how to make themselves...

Intelligence alone is not enough. You must have the personality that can win .. drive, will power and above all a keen problem-solving disposition that puts you among the few, not the many. "Nothing in the world can take the place of persistence. Talent will not; nothing is more common than...

While you may argue that, I submit that instead it is the increased scale of uncertainty over recent months which raised the levels of volatility. I certainly welcome continued high volatility because of the increased scale of trading profits which it facilitates. :)

Yes I do. CL has offered deep volatility not just in recent weeks but as the character of the market certainly in the last year or more. The pace too is faster than ES or YM. Your procedural drill therefore needs to be honed if you want to trade the CL session, Open to Close. :)

My motivation is ordinary. It is not love of this game and it is certainly not love of money. While I enjoy power and money, the key for me is, and will always be, my desire for success, measuring success and repeating success. Your rising and rising money score therefore measures your success...

You should do so. If not you should at least stop trading and confine yourself solely to study of this game. You will never gain anything from actually trading when what you know and do is so deficient. Trust me when I tell you that the deepest stupidity, exhibited over and over again at ET, is...

The fixated behaviour, which you note, comes from those who do not have open minds and who get comfort from their fixations. You will notice the coating of emotional irrationaility that some at ET put on much which has to do with the markets and the economy. They project on to everything around...

This Brasscheck piece is shallow propaganda, ultimately illogical and groundless. It would still appeal to minds of the many tribes of 'have-nots' in this country who play their entire lives as professional victims. Spitzer alone 'assassinated' himself. But for all those who judge that they...

The key as always is to daytrade to exploit the gyrations and the big daily range (eg CL). West Texas Intermediate is a traders cornucopia. You should all try and forget about where commodities are going: up big or down big. Both are fine. :)

Your view is understandable. The uptick rule should not be restored. Volatility reflects uncertainty. There is always an 'uncertainty' factor in markets. It is smaller or larger. Uncertainty this year has been extraordinarily exacerbated by the usual wide scale panic mongering which...

Agree 100%. :)

There has been a ton of panic mongers chirping like birds with tons of ignorance on their minds. They are the herd. I don't want any members banned or censored because freedom in society in all aspects is all important. Too bad if I disagree with a lot of what I can read at ET. The huge...

Gentlemen, whether the market (YM,ES,CL, etc) is rallying or diving you are offered giant shitloads of points daily to make yourselves rich. There were 43 'legs' (up/down repeating) on the YM today (Wed 3/19/08) of 15 or more points, the majority of 'legs' giving substantial points. :)

I take no pleasure in any retail investor who has now been hurt big time if they had holdings or short term 'longs' in BSC shares. Enron and Refco were different. Certainly if you were in the loop of those with market savvy you had 18 months in which to stay clear of these stocks before...

In hindsight from a point in the not too distant future the purchase of BSC by J P Morgan will look like a wonder stroke. It will bring huge additional value to JPM shareholders. But right now this deal has been fashioned in panic times when rightly the Fed is proactive in ensuring confidence in...

No doubt anyone who doesn't really know what he is doing should use a stoploss. But there is an alternative if you use a complete methodology wherein you trade the gyrations of the market (ES,YM,CL,etc) from open to close (buying upmoves, selling downmoves) and take the signals of your system...