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He stopped being a stranger over the internet when he started acting like a complete asshole on TV. Yes, he has the right to be a complete immature moron on TV, but he has to know that his actions come with consequences. Why do you refer to him as Timmay and not Timmy or Tim, since you are...

Why don't you just put your allowance into a mutual fund and then start a new forum and call it "Elite Investor". You can post your pointless thoughts there all day while you hold your positions for a decade. The rest of us will stay here and continue TRADING.

Every inspiring book about trading that I have read tells a story of how the author lost money again and again when he/she started trading only to persevere and finally become successful and MAKE MONEY consistently. Why would anyone want to read a story of a guy who made money when he started...

http://www.elitetrader.com/vb/showthread.php?s=&threadid=98439

Not $33 33 SHARES Stop being (2 x ATR) in your example it would be $6 from entry point. This equals 2% of capital (~$200) + commision and slippage. If it seems too small it's because the account size is too small. The risk is adjusted to the account size. If your account is only...

Sue for a million dollars? On what grounds? Because they see Tim's true colors, he is an immature, narcissistic, irresponsible, shameless wanna-be trader. Puh-leeze!!!!

Did you ever consider that maybe it isn't a top?

Separated at birth?

It would depend on how long you are holding, day trade, swing etc.. I would scalp a much larger position than I would swing. For swing or position trades I use the daily ATR to determine my position size. (1% x Cap) / ATR = size Stop = (2 x ATR) I stole this idea from the Turtles...

It seems like more often than not, during the night, the YM or ES will drift down to support or drift up to resistance with almost certain predictability. Albeit, this usually happens very slowly, but I am sometimes tempted to make a round trip late at night. SOMEBODY, is trading it to make...

I have been daytrading the YM lately with decent success. I'd like to ask a question to traders who have been trading YM for a while. I have been keeping a chart of $DJI open and marking support & resistance on it. I wait for S/R to fail on $DJI before pulling the trigger on YM. I notice that...

TRADERS understood him.

Glad I asked, Thanks!

I have a question pertaining strictly to daytrading futures. Is it common to daytrade the front contract right up to expiration day or is it common to start trading the next contract after rollover day? I think I know the answer but I had to ask.

I suggest reading The Way of The Turtle by Curtis Faith. The book answers your question in detail. For example, net profit alone is not a good indicator since most of the profit could have come from a single trade. Also, High Probability Trading my Marcel Link has an excellent section on...

US Dollars are cotton, not paper. :D

22, I am not the guy to ask about TS surprises because I am still exploring all the features of it myself. So far I like the platform, but I have only been making discretionary trades with it. I won't automate until I'm very confident that I have a positive edge. Good luck.

Well, it's Monday and I didn't give it all back. I didn't kill em' either, made a modest gain for the day, but didn't give any back. :cool: each trade = 1 YM contract

Not a bad idea, if you have the patience to do it. The TradeStation forums have a FAQ thread. You click on the question and it takes you to a thread on the particular subject where that question was already answered. Now THAT would be cool here. However, there are no TROLLS there since you...

To this point, telling us your stops are .25 to .60 doesn't say much. For example, a .60 stop in SIRI is huge and in GOOG it's suicide. Position size should be based on your stops and your stops should be based on the volitility and time frame of the instrument you are trading. Here's a hint...