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    How many Points do you use for Stop Loss when trading the YM emini futures ??

    Is this small amount of 2k just too small to start out with ?? to give you a straightforward answer - yes is too small to start out with you're under capitalized especially under current market conditions.
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    Trin Vix Leads The Way To The Spoos

    sounds kinda like carter and the other fatty guy from tradethemarkets thingy in disguise. The ones who ask 2-3k to teach you how to trade...unbelievable!!!!
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    I can not trade futures in this enviroment

    Mike how many contracts??
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    Spiritual Aspects of Trading

    A very interesting subject the spiritual aspects of trading....so I assume we have bring God definitely to the equation...Allah...the supreme being...our creator, Jehovah...Yaweh...how many names well, see I've been reading the bible since I was little......I grew up in a church which was...
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    Traders Goals

    I am so sorry I meant Spectre... a typo here Well you just confirmed what I look on the market in terms of volatility. I keep a record on some figures especially how long/short the market moved and retraced on a daily basis.. I keep an eye on that and look for any changes. whether significant...
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    Traders Goals

    Spectra Thanks a lot for your comments in this forum. I must confess sometimes I look on your posts for references as well as Jack's and some other excellent traders in this site. I follow this thread with interest 'cause you guys are talking about market dynamics. Personally as a trader...
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    $5000 day, Is that what you would consider a good day?

    Traderich Obviously you're well capitalized to take a risk like that. As I said before, 5k a day is possible, as I reach those figures myself and more. I will not diminish your success as it seem s that you found your edge on the market for some years now. I remember when I found mine...
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    Traders Goals

    This is something I learned long time ago, the hard way. You know, it's unbelievable 'cause I do look at % of my equity vs. market stop loss and most of the time they're close. I do give preference to market stop loss when volatility dictates. Even tough, I have never seen the gap between the...
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    $5000 day, Is that what you would consider a good day?

    A good trading will be reaching my profit target, knowing that will add up positively to my record once I pull out my monthly P/L report hoping more wins than loses. I have a fixed profit target, but is based on market conditions(volatility). I look for a fixed target rather than capture...
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    Ladies, Gentlemen, meet Neet - the Machine

    This is one of the best post I ever see on ET in a long time Neet has just found the edge!!!!! I had the same feeling when I found mine many moons ago. Neet , you and I have something in common - Stay on the sidelines when your "edge" is not present. As to me that simple rule has keeping me...
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    is anyone trading emini Russell 2000 and getting over a point a day

    Hey MR Paul No I am not trading the morning breeze lately as the swing has been kinda low for my taste. Volatility has been low all over the indices. I wonder what's going on? But that should improve. It's just a matter of getting adjusted to current market conditions. I don't care if I...
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    is anyone trading emini Russell 2000 and getting over a point a day

    Well, I trade ER2 almost exclusively, sometimes I peek over NQ but mini-russell is my preferred market. It adjust well on my personality and my style of trading. I can't tell you how to trade it 'cause maybe you have your own style and edge. I can give you a few pointers I personally use...
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    is anyone trading emini Russell 2000 and getting over a point a day

    1 point a day in ER is highly possible at least is what I am shooting for as now.
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    $1 million lottery ticket for sale

    I second that and I would like to add on this stupid a senseless attack is probably caused by something I will name " knowledge's envy" A sickness that seems to be spread out like worms on this site (with all respect please) A small criticism with no intentions to offend anyone. There's...
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    Logical stop-loss for er2

    How short?? like 7 bars??
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    Logical stop-loss for er2

    Thank you osorico point taken. I will definitely check on that. Sounds logical
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    Logical stop-loss for er2

    thank you guys I am not here to argue on what risk/reward should be used. I assure you I can draw 2 points form er consistently and that's what matters to me. Another thing is that I don't use same amount of contracts all the time. It all depends on market conditions and patterns As opposed...
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    Logical stop-loss for er2

    mmm ok I am shooting for 2 full points which is atainable most of the time on er
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    Logical stop-loss for er2

    Yes I have a profit target and I plan to to stay on a trade as either my target is reached, the market changes pattern or my stop is hit.
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