Search results

www.elitetrader.com "Where Bull takes on new meaning." "Where Bears get Bullied." "Where Bulls get Bearied." "If you're missing your husband, he's lying in here." "Where traders come to be lied to." "In search of the Holy Grail, and other comic pursuits." "If you trade size...

www.Elitetrader.com "Where traders are made."

About 10 years ago I Turned $2,500 into $5,000 in just over a month with a new stock system. Thinking I was the next George Soros, I took on $25,000 from impressed friends, and lost $20,000 of it over the next 6 months. This was when I was making $25,000 per year at a job. My wife wasn't...

It was a peculiar day, along with yesterday, with multi-hour supports broken to downside then reversed into close. Depends on your time frame how it affected you--for intraday swinging it was a pain.

Have you tried electro-shock treatment for those bad habits? If you widen your stops---BZZZZ, 1000 volts (low amperage) into the groin area. Take profits too soon---BZZZZZ, 800 volts into the temple area. Try it it it it it works.

http://www.casino-help.com/systems/martingale http://www.roulette-systems.com/martingale-roulette.html I didn't know roulette was the vehicle of choice for the Martingale system until reading these links. They don't sound too high on it.

Speaking of the Martingale system, I played Roulette this weekend on the West Coast and used a modified version of the Martingale system. I don't know if it can be mathematically supported, but playing just Red/Black (47.2% win rate), when I lost a bet, I would double it the next time, and then...

One tip, don't undercapitalize. You are trading lots of dollars with futures.

I thought of this same idea a while back. In testing, I used the opening price as my flip point since on trend days it can open and go straight up/down without too many crosses of the open. Things went well until I found out some days the price congested at the flip point causing havoc. I...

Bronks, you should use a dial-up as a backup. It is more than adequate for a few charts and an execution program. I'm forced to use one where I live and it works great (42K average baud). High bandwidth is overrated unless you have massive charts running and you're an ultra-scalper.

FYI, retail brokers don't deal with smart money! Does he charge you more than $10 per trade? If he does, think about the "smart money" idea. :)

Looks like IB is going to try and help out their (Globex traders I assume?) for the outage yesterday. Here is an email I received: Yesterday afternoon at 3:17PM ET your trading facility with IB was temporarily interrupted along with 460 other users. This interruption lasted between 2...

As much as it ticks me off to lose 10 ES points at the close due to IB downtime, I'd still rather save a guaranteed amount each day in commissions. I'm going the backup broker route to solve my problem (I've always had for stocks, why not futures with all the crazy leverage). IB is stable...

So is this a problem with the Globex interface or on IB's side? Does this affect all brokers? I can't stand too many more days like this. Work all day for your for a tough profit and be handed a nice big loss in the end! :confused:

Anyone stuck in an IB position while the market crashes? I've almost had enough. Can't value contract only happens when the markets going against you. @#$@!#@! Can't imagine trading with more than a few contracts in futures, and losing 20K in a day.

Yes, several times the last hour. This happens once a week it seems. I believe it's their execution server loses its quote feed, so it can't execute stops, etc. Limit orders work when this happens though I believe. If you're using stops and it goes past without executing, make sure you...

No

PM Glitch on the boards here. He can tell you for sure.

Here is a snapshot of Wealth-Lab testing 9 different systems on the June ES 15 minute data. After the summary report is printed you can click on each system and get the full peformance detail, charts, etc.

To use a stop loss for daily losses. Some days just aren't good for your methodology and its best to quit ASAP (or at least not trade the middle of the day for me). It seems like most days keep their same character all day, ie: small range, big range, trending, no trend, etc. If you can...