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Sweepless this week as I missed a few key shots down the stretch to pull the game out. Very choppy market as usual but I had every reason to win yet came up short. 8500 shares on 3 of 8 shooting, +256 before commissions, -14 after, 1 bullet. The Bollinger Band is almost a golden rule in my...

Expensive lunch as I took a longer break to see a friend I haven't seen for years. Came back at 2:40 and missed a huge energy dump. Still, feels good to be back in the black for the pay period even if it is just $200. 5300 shares on 5 of 7 shooting, +516 before commissions, +394 after . . ...

I am wondering what are some of the "best bang for the buck" packages out there, since professional traders have to pay for their own benefits. Mine from my previous job expired a while ago and I kind of hang around without medical insurance for a while. I am 21, in good physical condition...

Look at this, it is a rate cut, buy financials in the morning, short them after the announcement, easier than pie, even my grandma saw that coming! Yet what is this? I only traded 400 share's worth of financials today and made a cool $15 in it? Talk about lack of confidence and being...

A very tough game as the market was calm before the storm prior to the fed. meeting. Very little action overall and I failed do knock down any big shots, but fortunately I was able to snap a two games losing streak thanks to one big shot in DNA . . . With 9 games left and $3900 away from my...

ABOUT F-I-L-M It amazes me how much money people are making in those days. FILM (Finance, IT, Legal, Medical) has long been regarded as the four most dominant career paths there are in term of maximum income potential. In New York, if you want to be top tier, 100K a year is hardly...

What a mess. Where do I begin? Just because a size trader put up some bullets doesn't mean you should do the same trades. A trader friend said his mentor is shorting a basket of six stocks right off the open today, and after further filters I liked CLS and COF from that list. The problem...

I agree every single successful trading strategy can be summarized in 60 seconds. But to explain the subtle details would take days, weeks, months, and years, everyone got their bread and butter plays, they just have that particular touch with a certain strategy. That gut feeling, that...

MGB: First and foremost I give you all the respect in the world to your result on this journal. It takes a real man to admit their mistakes, whether big or small. One piece of advice, next week, cut your size down to 500 shares, no ir's, but's or maybe's. Be disciplined, do not...

MGB: Major props for posting that shower and pray game on this board, it takes serious guts to do it and I told you what kind of cachingo you would get if you post it. I am curious why don't you post your down days. In my opinion today you played a much better game and despite...

It was bullet day and I had two silver bullets that went down 1.5 points a piece smooth as silk, yet for whatever the reason I could not make any money in them. Snapped my 6 games winning streak today as I opened the second pay period in the red. An abysmal performance and I must fight back...

Missed a huge gift energy run this afternoon. +545 before commissions, +416 after, 5 of 8 shootings on 5500 shares. Won 6 games in a row and finished first pay period up $1500. I need to pick up the pace second pay period, I am 2K away from 50K for the year, if I have that going to September...

When you say calculation do you mean support resistance points, or do you mean specific numbers on the futures that would trigger program buy/sell? I am familiar with both concepts. I trade stuff that moves with futures, if you can toss me a bone I will really appreciate it. I didn't know...

Can you tell me what leads futures? I trade stocks but I am very sure it will come in handy.

Sounded like you made some comment on MGB and he replied, and you deleted your post. MGB only trades NVDA if I am not mistaken, feel free to add your notes to his journal. I am sure a lot of people would love to see you in action, pulling points out of stocks like NVDA on a daily basis...

No we are all glad you deleted your post :-)

Two gift trades sealed the day for me. 2300 shares on 3 of 5 shooting, +473 before commissions, +415 after, no bullets. Finally broke the $1000 barrier with one game left first pay period, tommorrow I need to seal that check, hopefully make it a little more respectable. Pre-Market...

MGB: Glad to see you stopped and locked it in :-) Had you traded at my firm you would have been one of the top 25 traders of the day, a list that I have NEVER made (my best day was $5000, the number 25 was > $20000 lol). As I said, I think your entry points are brilliant...

Ron: First of all I would not recommend options trading, whether swing or intraday. If you are not very profitable with stocks, do not play with options. The increased leverage with the fact that you can not cut losses effectively with options unless hedged, can spell disasters during...

I don't see how computers made us better traders, other than it presented the market in a better way, we still made all the decisions just like the day we made hand drawn graphs. You forgot that in trading simpler is better, additional variables doesn't neccessarily produce better results...