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    I am thinking about going short in the YM late today 03.22.07

    Went flat and missed the move. Now short at 802.
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    I am thinking about going short in the YM late today 03.22.07

    Closed out the short for profit. Long at 12755. VST
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    I am thinking about going short in the YM late today 03.22.07

    Took some profit. Still short at 12762. Nikkei down last night.
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    I am thinking about going short in the YM late today 03.22.07

    Short @ 12765. Bring it on!
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    I am thinking about going short in the YM late today 03.22.07

    Short 2 at 12735. Perhaps we've turned the corner. Stops at 12750. From NMW p.402 (Jeff Yass): ". . . once in a great while, you may get a day with the Dow down 500 points, but is is far less likely that the Dow will go up 500 points. Given the nature of markets, the chance of a crash is...
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    I am thinking about going short in the YM late today 03.22.07

    I think we know now what happened to being short at 12680
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    How much should one make to prove himself a good daytrader?

    So many threads on this site start out with good intentions and good topics of discussion but so many of them (this one inlcuded) devolve into pissing contests.
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    I am thinking about going short in the YM late today 03.22.07

    FWIW I'll post back here. Sunday night (Mon., Tues., Wed. . . ., hey, we can only hope). Seems lately when it makes a recent high in this price territory they kick the snot out of it the next day. I had good luck earlier in the day when I had a standing sell limit order get hit at 650 when it...
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    I am thinking about going short in the YM late today 03.22.07

    It cost me about $400 to get that position at the end of the day. I started shorting and getting stopped out at 12630. My trade is short term only. If it drops I will use a trailing stop until stopped out. If not I'll get short again higher up. Would love catch a 400/500 point drop some day...
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    I am thinking about going short in the YM late today 03.22.07

    Holding here as well. Short 3 at 12680. Thin volume into the close. Up until today 12650/660 was an excellent place to short. On to new territory.
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    How much should one make to prove himself a good daytrader?

    Say a trader makes $250K for two years then blows up while another trader chugs along at $110K a year, year in and year out. Who's the better trader? A lot depends on whether your results are attributed to randomness or skill (we like to believe it's skill don't we?).
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    determine trend?

    No idea who MB is or what the Omega List might be or who Mark is. Pretty much a newb just making an observation.
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    determine trend?

    As a trader you have to respect the current market trend and I attempt to trade in that direction myself. But having read Nassim Taleb's book "Fooled by Randomness" I have to agree with above statement as well (the quote above sounds like something he would say) . It is best to follow the...
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    determine trend?

    Well said. Works for me, too.
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    my stop method needs work

    That more than any thing else helps me.
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    Every other headline calling for more trouble in housing...

    How many people on this board are old enough to know where this is from?
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    Cheapest broker on ag futures ?

    But OEC charges an extra 20 cents per contract if you hold a position overnight.
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    Cheapest broker on ag futures ?

    IB is at $6.10 RT and Open E Cry is at $5.98 RT. Those are the only two I have personal knowledge of.
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    Anyone have a "night job?"

    I was able to change my hours some so I can watch the grain markets. I work from 12:30 to 9:00 P.M.
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    Can you trade just on feel

    Ditto
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