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Got screwed out of a long position at 911.25 this morning. My stop was triggered on incorrect data 30 seconds after entry. This SUX!!!!!:mad:

Nope, it doesn't work that way. Globex is having technical probs this morning. Hoping, like many of you were, that I could get a favorable long fill 4 points below the market on a one of these bogus prints...no luck:( I'm finding it hard to watch the chart jumping up and down with all this...

I'm back from my Holiday vacation from trading and I'm ready to kick ass in 2003!!! Come on market...bring it on!! :D :D

I left prediction behind when I stopped being a buy-and-hold investor. As a trader, I am only concerned with what is happening right now in front of me on any given day.

Reitberg, that's a lifesyle I think I could get used to!!:D I am assuming those times are Eastern, meaning you trade from one hour before the open until half an hour into the regular trading session.

LOL :D p2, that dialog could double as the soundtrack to a bad porno flick!! Actually, it reminds me of the worst trading experience I ever had. It was back in '97 and the stock was Rational Software (RATL). I was holding a long position and the stock was unexpectedly halted with bad...

They are equally likely since each is a unique probability series both consisting of 10 independent throws (where the probability of either heads or tails on any one throw was 50/50). The mind wants to believe that "b" is more likely, but it isn't. Here's another thought: If a friend and...

My God, Wally. How do you see your price bars through all that multi-colored spaghetti? :D

Exactly. There's an old saying in sports, "Champions create their own luck." Being a league bowler, I'll give an example from the game of bowling. In bowling, whether or not you strike when you hit the pocket always has at least a little bit to do with luck. Whenever round objects hit...

What "skool" is that...kindergarten?

It's all about marketing. The publisher knows they'll sell more copies of a book called 7 Kinds of Smart than a booked titled, for example, 7 Categories of Intelligence.

Good one

You said it, prox. Wake me up when something happpens. Zzzzz

I think the most remarkable aspect of draxon's trading, is his excellent entry points. He seems to have an uncanny ability to get in right in the early stages of major intraday trends. Other from that, he does no trade management whatsoever once he's in except for using a 4-point trailing...

Yes, I agree, especially the last few weeks. There are still good trading opportunities in the first few hours of trading, but the afternoons have not yielded too much. Volume should start to increase after the holidays. And, hopefully, with it, greater follow-through. In the meantime...

Banker, what criteria do you use to decide if you are bullish or bearish? Just curious, thanks.

what if it's way above 1.35, but trending down? do you still not go long? Anyway, I like your golfing idea:D

Banker, Yesterday, as an experiment, I tried removing my candles on some old charts and replacing them with a 5 EMA (not during actual trading though) and it just didn't feel right for me. I really missed having the candles. But that doesn't mean it isn't right for YOU. I mean, if it works...

Banker, That's an interesting idea. I've toyed with doing something like that myself because I often find myself getting hung up over specific price levels, and as a result, often miss a good trade entry. However, I've never actually used a chart like that in real trading. I think it...

Well, Wally, you've sure piqued my interest. In my own trading, I have done a lengthy evaluation of my trading methods and came to the conclusion that I was inadvertently making my trading too complex with layer upon layer of indicators combined with several entry setups which often...