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To answer your question, the problems I have had with IB have only been once I am ALREADY in the market, not a problem with trade reporting... IF you do not whether you are flat or open in the market, well then I guess you are screwed either way...

I don't know where darkhorse comes up with the impression that most traders have long bias...I sit in a few chat rooms and the majority of futures traders I know, myself included, have a major short bias... As for futures traders who have a long bias, I also find that hard to...

This was the same guy who sent me e-mails every 3 months for some other Caribbean cruise to explore trading systems and ideas...With the e-mails, there was always some sort of "fire sale" of books, audio cassettes, etc... The guy reminded me more of a t-shirt vendor than a successful trader

Yes, I had not really put that much thought into it, but you are exactly right...The volume on both contracts continues to pick up and has basically transformed the market into some form of the t-bond markets, where you get alot of bidding and offering at each price level...I was just looking at...

Yes, the index futures markets change their "character" all the time...The beauty of trading these indicies is picking up on all of the subtleties of the price action...Currently, I am sort of reading the price action, from a purely observational perspective, as a market that is just very new...

I have said this before and I will say it again...If you are concerned about the reliability of IB and worried that you will be stuck in a trade with no way to get out, you keep a nominal amount of capital with a secondary broker who will give you liberal daytrading margins to offset your trade...

I have mentioned this before, but I have seen so many newbie traders make very naive statements such as "I only want to get 5 pts per day trading this" or some other arbitrary number, not based on any market reality, but on some monetary figure they seem to like the sound of...The reality is the...

Actually, I had just written a response to a similar thread...Recently, I took the time to test some of my trading ideas and ideas that I had read about for years...I tested a number of variations of "N day or N period" breakout systems...I did not use any filters or "conditions" because I did...

Recently, I decided to test some very simple ideas using a variation of "N-day breakout" with a different "n" factor....I tested for the past 3 years and I simply adjusted the profit targets/stop allowances...I also put in an "open equity giveback" stop of 15% once an initial target was hit...

Yes, I agree with you... Perhaps, I might have come across about too forthright in my opinions...you actually might be able to help with me with a question I have... Although I have heard rumors about this, are there simulators that will actually play back a specific days worth of price...

When that news broke, the ES had made a morning test of 1120.50 and was retracing back to the breakpoint at 1125.00...Within about 2-3 minutes the market spiked lower to 1116.50 before retracing to 1122 and then making a huge one way plunge down to 1109. Looking over the volume of when this...

I have been here for about 2 months and I have noticed a wide spectrum as far as quality or lack of quality in the various threads...That being said, the quality has diminished over the past month... I have also noticed far more threads that are seeking introductory information...I honestly...

Well, I guess that might work...But from what I know and have experienced, you cannot create solutions to a problem, until you have actually quantified the problem to begin with...Most people do not realize where or what they lack in terms of position management skills until they sit at their...

RonB: yes, this is a very "meaty" discussion...This is the stuff that we have to deal with everyday...For instance, what happens when the security or future you are trading breaks out higher or lower and you cannot get into the position right away...You have a signal to go long or short, but...

I used to trade the OEX...That being said, I quit trading the OEX, once I saw the volume drop out, the spreads widen and the volume pour into the ES futures and other equity options...This used to be a great trading vehicle back when you had 1/8th spreads across almost every strike, however the...

There has always been a fascination with trading spreads...There are some aspects of spreads that vary dramatically depending upon which markets you are actually trading...For instance, in the OEX where the indicies have a very large skew to the put side, many novices will trade into a bear...

I agree that trade management is a HUGE aspect of trading and the one that you only really appreciate when you get past all of the gobblygook of trying to tweak indicators, patterns, etc, etc...The ability to minimize the losses and maximize the winners is far more of an art than a science...I...

Interesting thread... I would agree that many of the returns that CTA's return are really inferior to what a very good experienced discretionary trader will earn...But, then at the same time, you have to distinguish the two objectives...For a CTA, his "gravy train" is assets under management...

The best resource for finding sectors and or specific equities which have a high correlation with the ES is to go to www.ivolatility.com and look at the correlated issues to the SP 500...As of mid-March, the highest correlated issues were WFC(Wells Fargo), C(Citigroup), MSFT, BAC(Bank of...

Ed Moore ran into trouble because he never actually traded the system that he supposedly made huge triple digit returns on...Maybe, you should go to the NFA/CTFC summaries and read them...As you will notice, Ed Moore now says that it is all hypothetical...