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Wow... you said everything, and said nothing. You see a top, but we will move higher. You see no reason for a crash, except North Korea. In other words, it should go down from here, but really it just might just go higher. It won't go down, unless it really goes down. :D

If a trader is down 1/3 of a 10k account because of commissions, this means he has spent 3k on commissions. I figure $4 round trip, so this works out to 750 trades. If after 750 trades, he is break even on the numbers of points he has made and lost, but is down 3k for the commissions, then the...

Let me see... a chart has a column for time and a column for price. You're asking right now about time, but since this is something plotted on a chart, that professionals don't look at, why even bother with time? If a chart is too basic for a professional, I would image that the time factor...

So you're saying he should skip the next trade because he doesn't want to spend another $4 in commissions?

No offense but I just saw your post about wanting to be given a chance in a prop firm. If you think you're ready to join a prop firm and make money, why ask a question like this? Reminds me too much of our friend @Jdesey who first claimed to be profitable trading ES, but wanted more volatility...

Actually, getting into the US in terms of working papers is very difficult. Most Canadians do not work in the areas where obtaining working papers for the US would be easy. The growth in Toronto is not actually beneficial to anyone in Toronto, other than developers perhaps. There is already...

That's true, but I imagine there should be at least a sigh of a relief that a trade finally hit the target and not the stop for a change! :D

And, and last point: 6. I don't agree with qxr1101 at all about not limiting to number of points. The fact of the matter is you never know how far a trade can go. If your stats show that you're often able to get 8 ticks, but rarely able to get to 12 ticks before it comes back to you, why not...

My thoughts. 1. You first said you went from 24k down to 16k and I was shocked. But looking at it closely, it seems like you're only down about 2k, and much of this was because you started with 3 contracts, so things happen quick. 2. I agree with tiddlywinks regarding number of trades. You...

Thanks. I just really think that even though this is ET, where obviously anything and everything goes, its nice to be able to get a sense of what is real and what isn't, and this is getting very difficult to do lately. The game has changed, and so have the players. The signal to noise ratio...

One minor correction. The moving stop loss thing that you elude to is a stop loss that @propwarrior said he moved AFTER it hit. He LATER said that the stop was moved only 6 minutes after entry, but without knowing this, his first mention of moving the stop loss happened a few minutes AFTER it...

Thanks for saying this. I didn't want to waste my words as its so obvious. 80% of new posters lately, if not more, are all troll bait. The guy is either going to blow up, or post fake trades. Given how he started with something so controversial, its obvious he is already another alias...

Great reply, and I certainly don't mean to argue with you, but the part where you mention the illiquid aspect is another part where I have to roll my eyes. Liquidity and fair value go hand in hand. When something is illiquid, it just screws the weak hands. You explain that there was no way to...

I chuckle at this part. Not that I have any in-depth understanding in all of this (nor did I read the article), but its kind of like saying that a trader shouldn't be liquidated because its not his fault that the market dropped so low and he now doesn't have enough money in his account to...

Just calling it how I see it. He finally says now that he lost just as much as he made, but he could have started this out in his first post. This entire thread is just a setup though. Come on, asking what trading the CL is like? He has been trading for years and years and is asking how its...

Hahhahahahaha Hahahahahahaha Hahahahahaha The guy who says: "I am an experienced Emini trader of the ES and NQ." is looking for a mentor. Maybe you meant to say that you are experienced at losing money? Seriously dude, if you're experienced with trading the ES and NQ just stick to that.

Troll alert! There is no way that an experienced ES and NQ trader would have these stupid questions. If you're experienced, you've been trading for years, which means you already know all about the algos. And if you're experienced, you have surely already looked at CL. It would take an...

Is that so? You mean there is an authority that says how a trendline should be drawn? The fact of the matter is that trendlines aren't all that magical anyway, no matter how you draw them. Price is just as likely to go through the trendline as bounce off of it. It is then just as likely to...

Agreed, and yet, there is another point. Just because you lose 5 trades in a row, does it mean you stop following your system that keeps saying trades should be put on? Suppose you have a rule that says you stop after you're down $500. It would be a sensible rule if your average winning day...

As much as I love this example, it is a bit tricky because there could be some days that ended up being net positive but could have been at -5k for the day prior to turning it around. Its just like doing stats on individual trades. Its easy to see that if you set your stop just 1 tick smaller...