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for swing trade BKS, you loss cutting point is too tight. you want to cut 0.6point, and win 3point+. I doubt you can do that.

trading is an ongoing activity.my mentor told me: always keep in mind. put tommrow in account,next week,next month,next year,next 5years in account, protect your capital. do not play hit and run. that is gambling. he told me a story. there is a gambler who likes gambling very much, he only go...

trading large cars for less amount of ticks is a sure thing for ruin. if you trade one car, 100lot or even 20lot, the risk is easy to control. just like walk on a very wide bridge, the risk to fall down to the river and get drowned is very slim, almost impossible, only the bridge suddenly...

to me, the bottom line is the plan. is trading hard? not at all! I traded t-30 bond future in real money with no experience about it today, toke out more than 30 ticks *$31.25(a decent trade). even I do not know how to enter the pricing, after I entered a trade with a market order, then...

before I live trade, I do did not know how to enter the order, I just read the market, not the quote, sense the immidiate fall. try to make a limit buy order, the order is rejected several times, that is why I ask you guys. after observation, and serach the website,kind of get of some idea...

my question is how to enter a price in IB? so far what I can do is see the ask/bid, then put a market order to enter a trade or close a trade. 1/32 is hard to enter? normally I trade crude, but feels crude is a range-band day today , so I switch to new product bond, but new to bond...

could you give some links about the quote? I do not know how to enter the price, but I feel it will fall fall, so short it at the market quote. try to make a buy cover order, could not figure out how the price quoted, reject several times. anyway, I covered it at 120'270. thanks your...

how the price quoted? I feel bearish about T-30, that is short. but new to30yeras treasure bond, the first trade. any vetern on that, give an explainatin?

the market is always there. so if you do not lose anything and discovered something new, you should smile. there is tons of $1100 move opportunity every day, do not take the missed one as the only one. maybe the missed one is not so good if you look back after the closing. crude shoot to...

did two nice trades this morning. natural gas after the report, bought it at 4.8, sold it at 5.040 bought crude at 69.8, sold it at 70.87. look at the number, judge the anticipated breakout direction, then put a stop buy/sell there, also put a tight stop loss (most time, in breakout, if...

I do did trade crude. I shorted it after the news out, read the number. my initial judgement before the number is bearish (the run up) I shorted it at second time low of 70.87 (bounced from 70.5 to 71.2+, then legged down to 71 under, my stop is at 70.97) covered it at 69.3. a good...

that is why being well prepared ahead of the day is very critical. have some basic judgement about the day in front of you is very useful. or have some "if then" in mind will keep you ahead of the game. most people make trips they do not have plan, that is why they get lost. when the...

good point. less is better. I would suggest just focus on one strategy, not one symbol. if you deal with the same symbol day in and day out, you need very good skills in different strategies, that will be hard for a trader to switch around his/her strategies. particularly a new...

some remedies: trade a new symbol every day, do not look at daily chart/weekly chart if you are just day trading, just the new symbol. in that way, you know you are dealing with different things. trading the same symbol will easily make you ignore the fact: every day is unique, while trade...

sorry,nodaji. you see today may be a reversal day. buy dip may not work, maybe short the bounce work very well. I shorted YM at 9780 and ES at 1067.5, did not cover it yet.

you have the money to waste, great. trading is your job, why sim sim ....do not get it. if I am your boss, you get fired

trading is not scientific research or after-fact analysis. after you test out, the market may phase into another stage, that will make the strategy void. do what the market is currently doing, in the test phase, opportunity is lost. the opportunity you see is past, that is certain. the...

a successful trader is a person who is patient, who knows who he is, and knows what he is doing, knows what he wants. the market is contantly moving not according to your experience, not to your judgement, not to your smartness, ....... if you understand that, you know no matter whater you...

sorry,hog, that offends you. your ego is strong. you are not open-minded. you could not accept the fact. why only true BULLS and true BEARS make money, sheep get slaughtered? BULLS/BEARS have steel nerve/discipline/patience, sheep even see an ongoing surge, when they little dip or...

trading is subjective. that is why it is so hard. I understand what you are talking about or your point: try to be objective. but try to be objective is still a subjective thing (you hope, you wish). in reality, the market is keeping moving constantly, either this way or that way, sometimes...