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Hi Db, I've been using a simulator to test the system the past days and the patience of staying out of the choppiness lately paid off today (assuming I did it at least partially correct). I did some points when I got confused at what to do especially in the trail stops. The trendlines were...

I second that. Gone through scalping and personally, it's just too exciting for my blood. I prefer the system you're using and hopefully I'll be able to modify it to suit my risk appetite. Thanks for your help Db... I'm getting the hang of it. zoo

If I understand correctly, then with the small gap and big open trading range today, there were no trades to be made today based on the system. The basis for the gap then is the nq's close at 4:15pm and open at 9:30am. Am I correct here? Because if we were to use earlier times (at which the...

by the way guys, I've been looking back at some of the posts to figure out how the system works, mostly using those with discussions on daily activity. problem is some dont have charts, would anyone know a site that may have some pics of the intraday nq on the dates b/w 11/27/03 to about...

Thanks for the explanation db, I’m slowly understanding things better. A question though, about trading the breakout of the opening trading range. Does the system mean that all breakouts from the high or low of the range will be entered, or would there be instances where the breakout is...

Db, Based on your explanation, I think I kinda didnt understand things properly with regards to what to do after you have gotten in a position. I believe (using Tuesdays chart) that the short at 966.5 was the only trade (accdg to the system). What I thought was after getting ahead you will...

Sorry db for the confusion. I meant Tuesday (today). with regards to the (b), what i meant was after exiting a trade made from the open trading range, what would you look for as a signal that will inform you of your next potential trade later that day? Sorry for the confusion. Hope I'm...

hi db, I recently came across this thread & would like to say it's pretty cool for someone to be sharing the deatails of a successful strategy for guys like me (new to futures). I actually like the fact that you share the tiny details that influence your decisions. I kinda understand the...

I'm looking to try the software, but just wanted to know if the charting takes its data from IB or do you need other feed? And if it is from IB does that mean you get gaps in the chart in times you arent logged on? Thanks

It's good to hear that QT is gonna have the multi day charts. But I guess until IB has a backfill it's either gonna be keeping the machines up all the time or getting something else. Is that correct, or has someone found a real creative way to get it working without the blank spots? By the...

Paradox, How does the ES and NQ work with Quotetracker & IB. I ask because the time I tried it for the intraday chart I could only get data on the time I'm logged in, so if you go out for a while, there will be blank spots in the chart. Did I do something wrong? or is there a setting to...

basically, I trade nasdaq stocks on breakouts/breakdowns . But I have noticed quite a few days like today (Jan 14) when the nas basically stays in a range. After a couple of moves or so within the range I kinda am able to spot that the nas is in a range (like within 10-20pts back and...

What indicators do you trade with when the market is within a range? I've been having a difficult time learning how to get the feel on timing as to when to sell at the resistance/buy at the support when issues are within a range. Thanks.

for ib traders who have gotten bigger over time, how do you trade when you take position sizes that take up more than 1500 shs. I ask this coz around this level the commissions come out to be more expensive than the flat rate discount brokers. I'm starting to feel the problem and just am...

What do you do when economic reports are scheduled in the middle of the day, like 10am, 2am etc? Wherein you are holding a certain position? I ask since I've had winning positions quickly reversed at times because of this, now I try to avoid them and wait for results before moving again, but...

Wow... that's cool. I guess that's the best way to do it. But is there a catch to it? (in using multiple accts)

It's good you mentioned SSFs, how've they been? Is liquidity ok? Which issues are available? I only do stocks so far, and still need to learn a lot, so I have no idea how the SSFs trade. Thanks.

Obviously, he'll need a margin account, but with less than 25k, trading will be limited to 3 trades per 5 days. Once he goes past this, what does IB do? In this case, I guess there's no way for him to really get his feet wet in the market. Or is there?

A friend of mine new to trading looks to open an acct w/ less than 25k but will use 100 sh lots to practice. Now, he's asking about the PDT rules for round trips if your equity is below 25k. I hope you guys can re-enlighten me because its been a while since that PDT thing has had to bother me...

Thanks. You guys are really helpful.