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To clarify my earlier post, I use profit targets in my swing trading, with a specific reward to risk established beforehand. I use stop limits to avoid "paying too much" to enter a position, which might nullify the reward I was seeking. For example, I want to buy XYZ if it goes above 35, the...

As for using stop orders vs. puts in managing the risk in your long position I can't be of much help. If your holding period on the stock is only a few days I don't see the point in paying the spread to close out the option position. But I don't use options in this manner and may be missing...

This is a Forex forum. Is Cybertrader now doing FX?

I used the study materials from this site: http://www.passperfect.com/ They have a book set and a computer-driven format. I used both, but could have gotten by with just the hard copy. There're practice exams after each chapter, which range from standard to more difficult if I remember...

It's not the years - it's the miles.

My understanding is forex is a 1256B contract so taxes would be calculated in the same method as for the e-mini (futures). Do a search for taxes, 1256, etc. There's been some earlier discussions on how futures are taxed. Always wise to check with an accountant if large sums of money are...

I know why I'd like to do it, but if I did it they'd call it illegal manipulation. As for the upgrades - gotta have someone to sell to. BTW: I'm not short this market, but I'm not encouraged to go long with the market this extended either. I'm waiting to see what happens going into Labor...

Worked out of that one really nice, gotta. You're a better day trader than me, so you can likely work your way out most of the time. Be careful, though. I've had more than a couple of stocks gap down hard on the open, print $.10 up, then roll over and drop hard for another $1 or two. I...

Lack of trade setups has seemed to be a precursor to a change in the market for me. Usually I've been too stupid to recognize it, push things, and then see it in hindsight after a few bad trades. I admire your system and your discipline. Good luck in your trading.

Been enjoying the thread so far, but it's slowed to a crawl. Are you taking Aug off? Is it something you see in the market, lack of trade setups, or did you just go to the beach?

So I've got at least a couple more to go myself..

One thing I noticed early on is NPP is watching the big S&P contract data, but trading on the ES. I had never noticed until then that the two contracts could differ in new highs/lows & divergence enough to affect a system. In all the system testing being done are folks using the big...

Two other reports to watch out for are the weekly oil reserves report after the market close on Tue and the natural gas report just after lunch (2pm EST?) on Wed. Pls verify - I've forgotten the exact times. These two reports can really move the oil service stocks around as well, sometimes...

Try http://www.nasd.com/Investor/Trading/Daytrading/day_trade_margin.asp

Check out the link.. Apparently some were better at following the system than others. I've read similar comments elsewhere. Also, there were a couple of parts to the system. You could use one or the other or both, which would also explain differences. Like the old saying, "You can lead...

Gain Capital has If/Then (OSO) and OCA capabilities. The If/Then is equivalent to "one sends other". If the order is filled it sends the other order(s). OCA is the more standard "one cancels all". Example: USD/JPY at 120.40. Short USD/JPY at 120.30 stop. If filled, then place buy limit...

Great point - explains that sh*t-eating grin he's wearing all the time.

Also, a '$' in front of the column ($C1) will lock the column only as you copy. A '$' before the row does the same for it (C$1).

Thanks for the answer. Very unique use of the indicator and it seems to coordinate well with your strategy. Continued success to you, your trading, and your journal.

http://moneycentral.msn.com/investor/finder/customstocks.asp Just let it load the control first. Very good screener. Limited to 200 hits so you'll have to breakdown by sectors or similar as well as by exchange. Good luck.