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Good luck with your call....but unfortuneatly others like you have been saying the same damn thing the whole way down and getting blown out of the water....

Who knows.....definetly comes across (to me anyways) as a very confused individual.....

They definetly are in a tough spot...but........to basically contradict yourself 60 seconds later is completely moronic.....the more and more I hear him and Bernanke talk, the more lost they sound....I dont recall geenspan jumping around this much....this new fed is sad

Maybe Im not the smartest apple in the bunch...but can someone explain to me how this fed moron can say these 2 statements within 1 minute? Rather frightening that someone so clueless holds such an important job...... 12:31 BONDX Atlanta's Fed pres Guynn says global forces &...

The only days the SP Futures are logical /orderly are every saturday and sunday........maybe even Monday this week. In all seriousness the SP is a tough game...but one with tons of opportunities. Using the longer time frames isnt as hectic and much clearer. That enables me to tackle...

No problem Jimmy. I used to look at shorter timeframes (5 min), but the noise was too much. It was putting me into trades that were not that strong, and when I went and looked back after the close I would look at the 15 and 60 min chart and say "why in gods name did I get into that trade...

Here's the chart.....................

In my opinon being systematic is the way to go. Again...trading is tough enough, and anyway in which one can simplify things can only help. When I fall into slumps it usually because I start to "think" too much. When I am on my game its because I am systematic. Get into a trade....set the...

Thanks. Great explanation. I trade out very similar to you. I also use a trailing stop. Sometimes it's based on points...sometimes area on a chart. Once I hit my initial 2 point gain, that trade will never turn into a loser. I use physical stops to try and take some of the thinking out...

I hear ya on the "biggest dog " thing. One of the reasons I dont normally post in these types of threads is because of the pissing matches that occur. I dont have time for that garbage. In my example I used 10 contracts as a guide....like you I really dont have an interest in talking about...

Thanks.....I look forwards to taking part in this ...Dont worry..you wont see me making any "market calls"...I have learned over the years that making bold predictions can be disaterous. The market always humbles those who think they know everything. I might say where I am looking to go long...

Gotta say....most of the time I come on ET is for entertainment value. Most of the Journals on here IMHO are useless. But....I came across yours and have to say....its great. I have been trading since 92 started out in equities and switched over to futures in 2002 after us equity guys got...

No problemo.......I hear you on the bond recovery thing....but honestly..its like the SP's dont care what other mkts have been doing (Crude goes up, SP goes up......bonds go down...SP goes up)...the relationships between these mkts is really out of whack...who knows...while a big bond rally is...

No need for a chart....I guess I see too many journals on here with people just spitting out numbers...failing...then starting a new thread all over again....not saying this about you... I saw a thread with a person short the euro at the 1.2200 area....the euro is now at 1.2565....no word...

Yeah.....I find it tough to follow/believe someone who just throws out numbers and says long here....short here. More of a dart thrower than anything.

The most important aspect when joining a prop firm is that they have sufficient capital to trade and give you enough downside/room to trade. Unfortuneatly a lot of prop firms are terrified of risk.

You have some excellent things in your resume...but its too "all over the place". Keep it simple. Head traders/managers who look at resumes spend about 30 seconds looking at them. Also, get rid of all the non-trading things.

Their quants dont force anybody out of trades. Usually the guys who run into "problems" with the quants are guys who either have horrible money management, or are on an extended losing streak. Guys blaming the quants for their failure is a huge cop out.

Too much has changed since 1987. In a normal world with rates going up each day, the stock market should be getting hit.....but it isnt. My only problem right now with being overly bearish is what happens when/if rates start to head back down, the Sp's could and most likely will fly through...

This way of trading will lead to some small winners...and a few GIANT losers....he is basically taking small winners....and then letting his losses run and adding to em...recipe for a dish called "Account Goes Kaput" I guess it could be worse...he could be trading bond futures which would...