Search results

I believe it helps a great deal if you are anticipating certain moves or know the "levels" in advance...At least then you have a concept of what "should" happen if/when it hits a certain price, breaks a specific support level, etc... But, from my experience, when the market has sudden...

It all sounds nice, but let's not forget that alot of the ideas about buying only when the "extreme" event occurs are always postulated after the fact...How did anyone know that the SP was not going to drop to 960...And who stepped in and bought it at 980 this morning or the NQ for that matter...

In my last post I said that "stopping" oneself out after a small "blip" caused by nothing more than the ebb and flow of the market could lead to alot of self torture, I also wanted to add one caveat to this statement...One thing that I think is important in determining how to "trade out" of...

I have been reading these journals for past few days...I keep reading about taking losses quickly, etc...It sounds great in the mini's and all, but from my experience, if you cannot absorb some of the noise on these short time frames or scale in, scale out, pair in, pair out of positions, it is...

Trajan: Out of curiosity, during the big bull market where many equities(ala Amazon) went straight up and never pulled back, did alot of individual mm's or mm groups "warehouse" positions to make markets in these stocks? It would be hard for me to believe that some of these larger mm...

I also shorted the ES into the close and into 1050.00 resistance and added to the short into 1052...Big resistance up here from the Monday break down lower... I continue to follow the overnight markets more as the ranges have increased and since I believe alot of movement in the overnight...

I like to call it the "2:30 thrust" or 3:30 if u live on the East Coast...Seriously, markets make a closing thrust in the futures past several weeks at 2:30 nowadays as opposed to 2 PM in the past...

yes, just take a look at metamarkets:)

I have read 4 of his books, "Trading Optures and Futions"; "Trading is a Business"; "Trading by the Minute"; "Trading by the Book"...Overall there are tidbits of good info in the books. Some of his ideas are original...Depending upon your level of experience and insight, there are some ideas or...

I think everyone who trades full time has had to deal with their share of envy and spite from others who put the suit on and commute to an office each day. During the bull market heyday, I think there was an overall perception that trading was easy, etc, so it kind of added fuel to the fire for...

Actually, there was an excellent book written about three years ago( the title escapes me) about a handful of professional sports bettors(sic) who travelled to Las Vegas each winter to make their living betting on college basketball. One guy, who struck me in particular, was a guy from Rhode...

I don't even think God can capture the entire range low to high of the indicies...that is truly wishful thinking

This is the $64,000 question, imo...By the number of responses to another similar thread regarding adding to losing positions, I am not sure there are any clear cut "right" ways to manage trades...I trade the ES almost exclusively as well and almost always scale into the position with 1/2 size...

I hear ya lundy...I think anyone who has been with IB long enough has their own horror story...40k is a big hit, that is a true horror story... I think IB is ok when u are doing smaller size, bigger swings and can absorb some down time if it happens, but the reliability issue really comes...

I talked to FfastTrade as well, but never came away from that conversation with the impression that I was going to be paying less than IB...I must have received different information(lol), kinda like talking to a car dealer... The most competitive offer I have received aside from IB was thru...

fine, but why not focus on the great insights, the tape reading, the wisdom instead of making it an issue of whether the guy blew out or not... richard dennis, the turtle man, also went up and down, and yet he has trained some of the finest money managers in the world...My point is both of...

I think there is so much going on between the lines in that book...It just has it all in there someplace...One of my favorite lines is about the old man who is unwilling to give up his position...The novices are chastising him because he will not give up his position, but think he is talking...

Def: Is the DAX also available for trading through IB.... I have heard from a number of people that this has become a favorite of US traders looking to trade overnight markets.

Time and Price, yes...Or did Gann basically write the book on all of this as well... I just get sick and tired of the fact that everything that is basic and simple about markets has to be packaged and marketed as something new...Then it makes it way onto some websites where a few slick...

Have you ever used price?