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This guy is nuts... "I will talk down to you and you will kiss my ass because you hold out hope you will understand my method and be beholden to me."

Often time areas of support/resistance and breakouts are tightly grouped. Scaling allows for maximum participation with equal risk and larger reward.

Someone already started that thread!

Or prepare for a huge rally by the end of the week, or we could close the week at 12666, put your bets down and show us a picture your new Lexus on Monday. Todays price action left no clues, swings in each direction off resistance and support and closing exactly where we closed yesterday. If...

12666, 12 is divisible by 6 so it is better! Traders are nuts about the number, was on the floor of the merc in spoos pit in 96 when futures and cash traded off it like we are now before correcting 10%. Just a very tradable number.

Taking some off the table on this one and moving all stops.

Don't tell me there is nothing funny about 666! :D

Where are the top callers on this quiet day? I think it is time to worry if they have all been washed out......

Just hedge with another market, es for ym, if you need to feel safe for awhile.

The ym was thin today, something is going on like I posted last week. Seat prices are dropping for the idem on the cbot, ask dropped another $2,000 today. Maybe a bad sign with the merger as more will move to es and other markets. Still good trading market. Weather it is choppy or treding...

If you don't own a house, have your retirement paid for, kids education, weddings, etc paid for wtf are you doing trading? If you have not prospered in your other endeavors to the point where you can afford the above, you will not in trading. It is the acquired discipline to do want you don't...

It is the lowest watermark for all managed money returns, yield on the 3 month tbill. This a risk free rate of return. Gotta thow in the greeks when comparing your returns to see if your level of risk is acceptable. If you can't benchmark, you won't raise a wooden nickel much less $10 mil.

The risk free rate of return right now is nearly 5%? Anyone dreaming of managing money needs to understand benchmarking and putting your returns in the appropriate risk/return context in relation to a benchmark.

Bottom line as much as they may want to plant corn you have to rotate your crops or sacrifice yield. If you really want to know what is going on call a few coops, county elevators, county extension offices or merchandisers and pretend to be a journalist doing a story about grain, ethanol etc...

Another European bird flu outbreak could take some of the heat off the grains. Corn is already putting in lower lows and had a sharp break from the 405'6 level on Friday putting in a reversal bar on the last hour. Most ethanol companies have put the brakes on any new plant construction as...

Holy crap! I thought the cat was out of the bag and never checked the market.... Would of been a handsome short. Did not start the selloff till the right coasters were shaking off the hangover and reading the news. Another hedge fund goes bust and the vultures will be rushing in. "Sell...

There are absolutes in rsi, macd, etc. In strong trends these indicators and systems are useless. Price action and time is all you need.

If you need the money in the next 5 years you should never touch it. You will have 10 million in 15 years instead of 2 million if you keep your hands off. Only trade with $$$$ you can afford to loose.