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All I can to say is: W. T. F. ???

Index futs have a tendency to rise on long weekends. If the midnight crew have their ways, we just might open above the major gap next week. In any case, I wouldn't pike with my hard earned money like that if I were you. Btw, WTF? Betwen somber and pensive stock_trad3r and a reformed...

Geez, you're so pensive these days. Where's your good old don't-ask-permabull self? :D

I second that. I don't follow Oscar's specific calls but he's trying to do some good out there, especially for new traders. I actually want to see him profit from his venture and if he's holding technical analysis or history of the market seminar, I'd gladly support his cause with some dough...

My workstation runs on XP (and I run two TWSs on it) and I don't plan on changing it in the near future. My laptop, however, came with Vista pre-installed and I keep it on my side during the day for web browsing, running a paper trading account to test strategies/have it display the watchlist...

Lol, if making 15 - 25k a week instead of 3-5k pre-volatility is amateurish, I'll take your cheap shot any day and stay being an amateur, thank you very much .:)

Dude, I'm swimming in a pool of money (which IS kind of like feces) these days :D . If you want to throw some money at intraday trading in high VIX environment, try it with trend indicators like ADX rather than oscillators.

This kind of security for TWS has been exactly what I've been waiting for. Thanks IB Salvatore.

Thanks for the info. My question is, will the currently deployed security devices (currently I've 2) be used for trading as well or will that require new, separate devices?

Geez, a lot of jumpy & nervous longs out there eh? :p

Agree with your analysis. We formed a hammer on the daily so this is a good pivot to play with. I'll look for some short action playing with tighter stops for that direction but I'm going to be buying blindly should we break above Friday's high.

Thought you might say that. Just to show you how I played, I was short 11 minis this morning around 1446.50 before the numbers came out and had my stop for 13 YMs on its high which, if hit, would've meant I would've lost about 1-1.5k max for the profit target of what you see. And yes, there...

Pfft, the market gave all the chance in the world for one to short this morning before the numbers came out with a tight stop to boot :P.

Looks like Neiderhoffer's Lobagola's elephants at work (for those who read his first book). A great call on today's move infooo.

Ben's on S&P 500 Pit Broadcast #1. There's a 3 day free trial. It takes a little while to get used to his lingos and market dynamics but it gives me that little tiny bit of edge at least a couple of times a week so that I can squeeze out more profit than had I not used it. Also the background...

www.tradersaudio.com Ben's entertaining and occasionally helpful.

Your liquid net worth should be at least 500k. The account size doesn't matter except that it should be kept as small as possible while being able to accommodate that size on margin and profits should be taken out regularly to reduce any event risk.

If you trade with 50 ES lots and it goes against you 2 pts (and it will), you'll lose 5k easy, before commissions. If you have a 4 straight losing streak of that magnitude (and if you trade that big you will) you just wiped out 20k from your account. Before even attempting to go that big ask...

The market is the meanest loanshark in the world to those who are uneducated about its workings (but still willing to jump in head first thinking they know it all) - it will lend you some money and even make you think that more is on the way and it would all be yours, then in one fell swoop it...

Your p/ls are one of the reasons I found it pointless to post mine here (I made like what,1.8% of what you made today lol). Even more amazing is it's all yours, while many prop guys here only keep a portion of theirs. Keep up the good work and keep posting - it inspires many of us!