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Not sure how I've managed to miss this thread, but, yikes, glad I finally saw it. Thanks to benwm for posting this among other great threads here. Pretty much everything's been discussed but I'd like to add my .02: buying weakness, selling strength has really improved my percentages. It...

Yeah, there is about 3x as much volume in /GC vs. /SI but I love the leverage silver provides. $500 a click...nice. And there's plenty of volume if you trade regular hours. If you're looking at holding and/or trading a lot in off hours I would absolutely go with gold.

Any definitive ideas on why this is so?

correlation to /ES? Certainly know there's nothing that represents an inverse relationship like SSO/SDS (well, in theory anyway) but rather whatever future product correlates least to /ES. As far as I know futures don't have a beta rating thus the question. Thanks very much.

Thanks for your response, PocketChange. Give me a lot to look at and it's appreciated.

Posted this in another (and probably inappropriate) forum earlier but either here or "Options" probably makes more sense. Try here first. ____________________________ I trade only /es and /yi or /si. My knowledge and experience with options is very limited. There are times when I am...

I trade only /es and /yi or /si. My knowledge and experience with options is very limited. There are times when I am ready to stick a toe in the water but don't want to commit to a full contract. So, if I wanted to buy, say, 1/3 of an /es position that would mean an investment of 50 x...

I have read this thread from the beginning. At first I wanted to throttle NYSE for his 'games.' Then, something he said clicked somewhere deep. I still wanted to throttle him---but not nearly as much. Then he posted a quote by Dr. PPQ and that caught my attention. It is now official: I...

Uh, what? Excuse me, but who the hell are you to be telling the OP how to run his thread. Seriously, that's so freaking arrogant that I have to believe you got TARP money. What a tool.

That's outstanding, Rabbitone. Thank you.

Now *that* I could get into. RabbitOne, you into it or you playing too much golf??

Brilliant post. Thank you, sir.

Mark -- Reading your reply immediately elicited the "ah-ha!" experience. Maybe that line of thought should have occurred to me, but it never did. Sincere thanks for bringing it to my attention. This is exactly the sort of thing I would expect to find in Trading in the Zone as I get...

Got it. Appreciate your explaining further. That does, of course, make perfect sense. My risk per trade--meaning what I am willing to lose before getting out of a position--is 5.5% of that 5% of portfolio per trade. If I have two max losses in one day (hasn't happened yet) then I'm done...

OK, fair. Except my stats have been kept from when I started with 1% of account size and worked my way up slowly. Should have explained that and didn't. What I don't understand, though, is where do you come up with 5k per loss and 10k per win. Just because each trade is 5% of account size...

Used to trade only IWM and TWM and now use TNA and TZA. For me there is a lot of truth to the idea of getting to really know what you're trading. And nothing like watching the same two day after day after day for really getting to know them.

A lot of great ideas in this thread. Gave me plenty to think about. Thanks to all who took the time. A.

Would you mind explaining the numbers a bit? Trying to figure how earning roughly 1% per week equates to "should be netting more than 175% per-month..." Also, a 90% chance of one losing month with a 50% drawdown and a 50/50 chance of 30% or more each month? Statistics was never a strong...

Many thanks, bigarrow, and continued success in all you do. Your book suggestion is interesting because it's the next one on my list when I finish Carter's "Mastering The Trade." Thanks, again.

You know better than most the challenges applying the spiritual to the mundane.