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I'm happy to have helped you in some way. risk management principles seem to go out the window when you are experiencing a string of major losses. Emotion likes to take over. Don't allow yourself to become emotional when you lose over a period of weeks. Don't increase your size to try to...

I look to make at least 5 ticks per trade and lose no more than 2. Each tick is worth $31.25 in the 30 year bonds. Sometimes I trade the 5-year note and it moves in half ticks so minimum price fluctuation is $15.625. so the MINIMUM risk/reward ratio is 5/2 or 5/3 (if I'm being stubborn). I...

Don't worry about Mowery. He thinks everyone is a gambler. He is actually right....every trader is a gambler since no trader knows for sure what the outcome will be. He who has no propensity for gambling really has no propensity for trading. I firmly believe that. That said, going prop...

I hope you do learn from my posts. I'm trading between 3 and 6 lots. If I do well with 3 lots for a week then I go up to six lots. If i make good money on 6 lots ($700 plus) then the next day I immediately limit my loss to $400 and If I do lose on that next day I go back to 3-lots. Whenever...

but do you enjoy MAKING the whopper? That's the question

BEST: +4,500 WORST: -13,000 And that's only with a $32,000 account. brought my account down to $6,000 and now am back up to $13,000 LESSON: don't increase your size too quickly (I had been making money for over a month consistently with small size and so became greedy and...

Thank you very much for the recommendation. Do you know of any books that would teach me the ins and outs of what goes on each day in the treasury market? I'd love to understand who the players are and why the treasury market behaves as it does. Thanks

I've read some of the reviews. It seems that many people think this book is outdated. Do you use the book? Does it still apply to today's markets? Thank you

That's wonderful. I am going to buy that book today. Thanks a lot for that.

my account is now officially above $13,000. Praise God

Well, I know Transact Futures has Volume at each price level and their software is fully compliant with the TT patent. The only thing keeping me from trading with TransAct Futures is the fact that they require you to trade like $500 or $600 in commissions per month. So there is pressure to churn...

Up $937.50 on 30 contracts. I'm very happy today. LET RATES RISE>......>

I never knew about that. I'll definitely look into it. Thanks

Well, I know Transact Futures has Volume at each price level and their software is fully compliant with the TT patent. The only thing keeping me from trading with TransAct Futures is the fact that they require you to trade like $500 or $600 in commissions per month. So there is pressure to...

If your commissions are half of your profits, it is an uphill battle. With a futures trading account, you can expect to pay $5 per RT for ZB (30 year T-BOND) with excellent trading platform X_TRADER included in that quote and all exchange and etc... fees included. The bonds move in $31.25...

And no one wants to comment......poor poor me.... :(

VOLUME AT each price level of the DOM window (they call it BookTrader). Please see the attached JPEG. Honestly, it is the absence of this feature which has always kept me from opening an interactive brokers account for futures trading. Well, the above-mentioned feature and also the...

I agree. You're better off trading from a cardboard box on the corner of 45th and lexington. That way, you will be stress free and will be able to trade with a clear mind.....:) My advice: don't get an apartment......live on the street.... !@#$%^???

up $31.25 on 93 contracts. Whew what a day. Tried trading the Five year for the first time today. Got slaughtered in the morning on the Weaker (than last month's) Consumer Confidence number. Maybe someone can help me understand something here. The number came out at 103.2....everyone...

Down $390 today on 54 contracts. I have to stop trying to pick tops....