Search results

These two charts could give us a clue.

Johnny I hope yo were not short ym just now.

Porgie are you saying there is no correlation between the stock market and intrest rates/ crude oil? Porgie I picture you right now being a depressed grizzled old man, drinking Jack Daniels and eating cheerios in your old grubby pajamas. You probably are home alone and have no family to keep...

I think its going up. Crude looks like at might drop below 60. 10 year note is bouncing back. Nasdaq, Russell, sp midcap up are all up. Plus buyers stepped in on every dip in the Dow.

Good Luck, It will be intresting to see what happens. Do you mind saying what type of deal you have with this firm. I am a recent college grad and am looking into going prop as well.

Im out to at 11142 did not feel like taking my position overnight. great, markets down to 11137 as soon a covered.

Only have one contract so my stop was at 11180. I'm still short this baby.

I think this is possible with some skill and being in the right place at the right time. To make 100 M you would need to discover a long term secular (10-20 year) trend at the beginning that has powerful fundamentals behind it. The key being that you are convinced enough that the trend is real...

All you do is buy the commodity contract you want and 2 days before the First Notice Day of that contract you sell it. First Notice Day is basically the expiration day for the contract, you don't want to be in a contract after this day. Your broker will send you a message telling you to get out...

same with me, Short 1 at 11152, decided not to average down though. If this reverses I plan on taking this over night.

short at 11152

This thread has really made me rethink my life, as I am 24 and have been trading instead of getting work for the last 1.5 years after getting my B.S. It sounds like I should get a job and quit trading in order to salvage what is left of my life. I'm am now considering putting my whole account...

Futuresource.com http://www.futuresource.com/charts/charts.jsp?s=DJIAY&o=&a=M&z=800x550&d=LOW&b=bar&st=

I think you might be right, I thought you were originally talking about the T theory from Buzz Shwartz's book, Pit Bull.

do you make money trading after reading all those books?

I saw couple post on this thread talking about the Magic T Theory so I figured I would look into it. That Magic T Theory was discovered by Terry Laundry in the 70's and apparently he dedicated the rest of his life to it. You can read his blog at ttheory.com. The basic premise behind Magic T is...

Interest rates will make be making a ton more money when voltality picks up. I would not but this stock just because of metals since this market has reletivly low volume and you can trade it anywhere. It is nice to the CBOT stickin it to the man though, at the NYMEX. CBOT needs to get...

I think I' m just going to put on a trailing stop loss and see where the market goes hopefully the lows are in for the days. I will most likely sell before the FOMC minutes are released later today.

Bought YM 1185, 20 point stop loss

Balda oil wont go down that much with Iran and the Nigeria problem. Rebels in Nigeria are going too cause alot more problems in the near future.