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    trend following delusion shattered

    fwiw, i do make a living trading futures. i do NOT use trend following techniques (on an intraday basis) GENERALLY speaking. however, this is not to say that trend following does not work - in certain markets. even neiderhoffer (and others) have conceded that trend following works in...
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    If IB's Website Contains Falsehoods, Customers are SOL

    "Every watch a session of YOUR Congress?" congress? are you kidding me? ever watch a session of the house of commons? house of lords? puhleeeeeeeeeez
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    Thread is looking for info about the Russ/ S&P only

    i use the ES as a heads up for the YM i find that it leads SLIGHTLY the YM thus, an entry that might be good, or a little late on ES is about right on YM, if i am watching both. i watch both the YM and ES tape "religiously" and i see that in the tape too. it is also sometime...
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    Pacific Northwest Prop Trading

    I'm in Seattle area myself. Seattle area traders feel free to PM me...
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    Heard of Doug Hirschhorn

    http://www.cbot.com/cbot/pub/cont_detail/0,3206,1058+36276,00.html this is a recent seminar Dr. Hirschorn did on CBOT many of these (free) webinars are excellent i asked him some questions via chat during the Q&A session, and he seems like a very knowledgeable helpful guy check it...
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    The Million $$$ Quest 2006

    one thing i would like to add is that (imo - and many others) - focusing on how much money you will/'can make is a recipe for disaster for most traders. i am paraphrasing here, but newbie traders think "how much money can i make on this trade/day/week/yr" etc. pros think "how much risk i...
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    Thread is looking for info about the Russ/ S&P only

    spread trades on indexes ARE low risk. the reason is that in an extreme move, you are hedged (since you are short one futures contract, and long another ) it doesn't mean they are always winners, or that they are riskless. but they have less RISK than outright position trading. if i...
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    NQ tick size reduced

    anchor - i totally agree. the spread is why i trade YM instead of ES now i may consider the NQ. ES is, frankly, a ripoff- certainly for anything less than position or swing trading. if you consider that for every 10 pts in YM equals roughly 1 pt in ES, then 10 ticks in YM equals 4...
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    Predicting intraday price movement

    yes, that is basically what he is saying given sufficient "n" (number of samples, in statistical parlance), even a system that wins 90% of the time can (and will) have 10 losses in a row. that, among other reasons , is why position sizing/risk management is SO SO SO important my trading...
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    Thread is looking for info about the Russ/ S&P only

    good comments. the russell has been (to put it mildly) leading the S&P altho the S&P and DOW set 52 wks hi's yesterday btw. the russell has been smacking over and over ALL TIME HIGH's (higher than even in the 90's bull market) what this says is that while there is (obviously) a...
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    Niederhoffer still on top !

    thx for the comment bolter. i greatly enjoyed your Market Profile thread. learned a lot, and have incorporated it into my trading of YM. it's improved my trading. thx again.
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    Niederhoffer still on top !

    i like neiderhoffer. i;m a contrarian. it's part of the deal however, neiderhoffer (imo) failed like so many others failed. he thought his "understanding" of the markets was enough. it's not. never has been. never will. he broke the #1 rule of trading, which is to CONTROL risk...
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    Best indicators to guess tops/bottoms; determine overbought/oversold areas

    you don;t look to "indicators" to find tops bottoms. you look to support/resistance indicators AT BEST help you confirm, but they are lagging, and generally weak (for intraday trading)
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    naked risk

    yes, they are choad. they are just too dense to understand what they are arguing try looking up "RISK"... rinse, lather, repeat...
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    naked risk

    apparently, so some forms of math are theoretical and arguable. arithmetic isn't i love traders like you. you provide liquidity. "the risk is the same" lol if only...
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    naked risk

    Arnie Guitar said - "What sounds better, a Les Paul, or a Stratocaster? Depends on the song, the player and the mood. They're both used to make music. I use 'em both." well, i play a telecaster and a Ibanez artist model, so imo - NEITHER :) but seriously, the above is OPINION risk...
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    YM Stop - Move to 20?

    no, i haven't most of my setups use 10 pt stops and the stops only get hit 21% of the time
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    naked risk

    the amount of risk is not the same i already explained why try arithmetic 101, then graduate on to options
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    naked risk

    insurance companies understand RISK btw. people who think that naked calls are not more risky than naked puts - don't
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    naked risk

    buy1sell2 you need to look up the definition of "RISK" any trade that has a predetermined maximum loss, that you can set well within risk of ruin and max loss parameters for a trade (which is what owning a stock long can do) is LESS risky than writing a naked call, which has unlimited...
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