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GetRealestate, Why do we go against the odds to trade? Well lets see...Because we don't like to take the easy way out and avoid trying something just because the odds are against us...Because we were laid off in an industry (information technology) that is not hiring right now and can't get...

If someone is holding 500 NQ Contracts they would have to have 6 hands to do it in my opinion. One pair to hold all those contracts, one pair on the keyboard at all times, and one pair to hold their private parts because they would have to have some big kahuna's... Whamo

Thanks for the laugh FasterPussycat!!!:)

Huios, You said that you use the ADX to keep you out of the chop. If you don't mind, what are your settings and how do you use it? I currently use it w/ a 15 period setting and enter my positions when the ADX goes over 30 on the 3 minute chart in the direction of the 5 minute trend. I...

I'm partial to Dell computers, every one that I've owned has worked flawlessly. I would be hesitant to buy an emachines, I'm a firm believer that you get what you pay for. You need something solid that offers good technical support for trading. My 2 cents... Whamo

Does anyone use the ADX to filter out chop? How do you use it, what are your settings, and what are your results? Do you use an additional filter for chop? I currently use it with a 15 period setting on all my charts; 1,3,5,30. It seems to work good but there are still times that I get...

Ditch, You may want to implement a daily stop loss of no more than a days profit. That way you're only blowing out a days profit instead of a week or more. I know, easier said than done:) Whamo

Illiquid, Check out realtick.com under their brokers sections, the brokers fees are all very similiar. They generally break down the cost per trade. Realtick is usually "free" if you make at least 50 trades (25 roundtrips) per month. Below is an example of one of their brokers fees. Price...

In a VPN (Virtual Private Network) you are sending and receiving encryted packets / information to / from your location. From a basic VPN configuration you are adding additional security to your traffic / information but it is still riding over the same path as your other Internet traffic and...

chasinfla - when I first read the quote it hit me like a ton of bricks. Definitely makes you think and say..."no sh__, isn't that the truth.":) Never really put the 2 together. Good reinforcement for people like us who are trying something really crazy like trade for a living, especially if you...

I second the praise for APC's. I've worked with many enterprise customers on their computer network systems and the primary battery backup brand is APC.

His web page is www.pinpointfutures.com. Talked to a guy who is paying for pinpoints room, he doesn't think it's worth it. He said that the results aren't as good as advertised, specifically his live calls. He did say when he was trialing it that the morning report was right 6 out of 10 days w/...

It reminds me of the slick looking guy on the infomercials ~ 5 years ago that always showed pictures of his wife and him w/ "their" Rolls, yacht, plane, ... I think he was selling a real estate system, probably still in prison:D Don't understand how people sleep at night screwing the naive.

It has the look of slime all over it. I did meet someone online in Woodies room that subscribes to PinPoint. I'll ask him some questions about it.

http://www.pingplotter.com/ Just download it from their homepage. They offer both a free and a shareware version.

I have to second what savage is saying about the potential for a good number of NQ points even in this market. I'm not as consistant yet as he is but still manage to pull 10 to 30 points out of the market when I don't go against my system. Pulled 19 out today but ended up giving some back in the...

I was just on futuresmag.com and they show free access to Dow Jones Newswire.

trdrmac, Good point, I forgot that I've heard it's a real pain to upgrade to XP. May be better off buying a new system w/ XP or upgrading to Windows 2000. I know the upgrade from Windows 98 to Windows 2000 went smoothly for me on a Pentium III 600mhz machine (not my trading machine). Windows...

If you're serious about trading you really need to move to either Windows 2000 or Windows XP for their ability to handle memory better and to be stabler than prior OS's. Just my opinion.

Thanks for the quick replys. I've been using a combination of CBS Marketwatch's Market Pulse / News and Briefing.com to confirm economic numbers and news. For those that do watch news to confirm that the #'s came out, what do you use for sources?