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    Ts Down Again???

    yes, it was down for a few minutes. logged off and back on...now fine. i still use ts for charts and my min 10 rt's/month, but to try and use their autotrade off of strategies is a disaster because of these outages and hang-ups. the other ridiculous thing about ts is that you must pay...
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    The Opening Orders Thread

    More important than the starting capital is the amount of money you need to set aside for your first year expenses. The number one reason most people fail at full-time trading is that they try to rely on the trading account for monthly expenses. If your expenses are $5,000/month (mortgage...
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    Bernanke RAISES mortgage rates

    Good job Ben. The longer end of the curve is now, so afraid of inflation, that it is rockin' to the upside. Ten yr is dragging up with it.
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    IB Margin Rates Still Raised

    Zanatos, IF you e-mail or contact IB and get an answer, please, pass along any information ( I'm guessing it is a subjective, internal decision where the reasoning is not made available to the public). Thanks
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    IB Margin Rates Still Raised

    Look at the 30 day ATR of any of the stock index futures. You will see why their margin requirements have increased and justifiably so. Do people really understand the total value of the instrument they are trading? 1 ES = $77,250. $4,000 is about 5%. What's wrong with that? I can...
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    Switching from ER2 to ES

    I use pit hours of 9:30a-4:15p est
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    Switching from ER2 to ES

    bandit, nice buy at the S2 of 42.25 this morning for a ride back up to S1 at 51. i wish these pivot levels did this everyday. lol
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    Switching from ER2 to ES

    i just bailed at 51.50 because of the S1, probably too early as well. i waited until we broke the pp at 59, so you got in a little earlier than me. we'll take the winners!!! lol
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    switching from ER2 to ES

    now you have a way to trade "rangebound" days. Rangebound days=> follow the PP's Trend days => trade with the trend and try to hang on
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    Opinions on "TigerDirect"

    I bought a pc from tiger and it works great, although i have added my own memory and additional video cards. here is my suggestion: 1) DoNot buy one of their packaged systematics, unless it has everything you are looking for. These low priced packages are basically full of yesterdays'...
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    switching from ER2 to ES

    Today has been pretty much a "perfect" day to trade the pivot points. They don't all work like today, but when they do, it's a pleasure to trade. R1=83.50 PP=76 S1=69.50 It don't get much better than this.
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    switching from ER2 to ES

    Keep an eye on the floor pivots. S1 is 69.50....lod=69.50. Then popped right up to the pp of 76. Nice trade for 4-5 handles. Backed off of PP from 77.25...once it came back around (buy stop at 77.75)....another 3 quick handles. Following the behavior around the PP's can work.
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    The Opening Orders Thread

    Basically, Don is saying "forgetaboutit". No one can vary their bets 20-1 in a las vegas casino unless they own it. Can you imagine betting $10.00 per hand when the count is neg and jumping up to $200.00 when it's positive and having the gremlins just smile at you? lol
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    Any trading ideas to make $50,000 fast?

    no, you can buy puts. the problem with all wheat options at this point is that they reflect huge volatility, so you will be spending a lot of money on premium. the great thing about wheat is, when prices get high, farmers plant the sh*t out of it and the next year you will have huge crops...
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    Any trading ideas to make $50,000 fast?

    short 5 contracts of march wheat.... the bet is...march wheat will be $2.00 lower by February before it is $2.00 higher. no need to watch it. if you feel uncomfortable, buy a call for each contract you short to limit your risk. when you take your $50,000 out, please, transfer me 10% of...
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    switching from ER2 to ES

    once you start trading in 5 lots, consider the big contract. at 5 lots you are paying 5 rt's vs 1 for the big contract.
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    switching from ER2 to ES

    I traded the ER through IB all day today. Lot's of misinformation regarding its' demise. I, also, trade the ES. Easiest way to scalp the ES is to watch price action around the "classic pivot points". You'll quite often get taken from one level to the next for 5-7 handles. It seems...
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    ER2 no longer on IB

    I could be wrong, but it will probably be quite sometime before volume on the ICE gets anywhere near the volume on the globex. I certainly want to trade the er2 where the volume is.
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    Prop trading from home

    IF you are acting as a broker then you would be considered a sat office. That is why many of the larger wire houses allow their brokers access to the system remotely, however, no trades can be placed outside of their designated office. As for trading, I have never heard of this as an NFA...
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    Going Automated

    I would be very cautious about using e signal or trade station into the ninja. I am testing this out with trade station right now. At least once per day the TS gets filled because of a price touch when the ninja has no execution because a buy order hit the bid, but never went below it, etc...
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