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What's wrong with stocks under $20? I bought 6k of MLNM this past week and it was just as exciting as any other stock up there. Lower priced stocks make bigger % moves, just buy 10x the shares and you will get action hehe. KLAC is a great trader, all the shorts in that name makes it fly up...

Knowing the "classic" technical patterns is a definite advantage, even if the action taken is not exactly what the authors had in mind. Looking for a good place to dump that small cap you're up 20% on? Wait til that ascending triangle gets broken to the upside and then dump into the rush of...

If you're talking about trades that last longer than 30 seconds, I don't agree. In fact, I think it's very much the opposite. I think to really be able to take advantage of market swings, one should know as much as possible about what factors influence that market, as well as all other...

If you made a trade every bar with ANY system it will most likely lose. Your timing system is not random, but it is arbitrary, even if it is consistent every day. The coin flip example could be a coin flipped every morning @ 9:29 to determine whether the system locked in at 3 or at 10...

Because what you seem to be implying is that the fib timed entry is the key to your system, where to me if you are profiting well, it is your reading of the stochastics or whichever indicator you are using which is really giving you the edge, not some random time pattern. If you found a...

Good stuff oldtrader! If you learn to pick out 2.5 pts per trade on a 1 lot consistently, it might not say much about what you could do with a 50 lot or more. But if you can learn to pick out 7-10 pts per trade on a 1 lot, it's very likely you could do the same with 100. Without...

I still don't get it -- why limit yourself in taking only certain fib time entries when you are still basing entries on "any indicator you want"? You would only use an indicator that gives you a percieved edge, so why disallow that edge arbitrarily? If this timing system improves one's...

I think most technical indicators are lagging in nature, if you're staring at the es/nq all day you should be able to anticipate most short term indicators several bars beforehand (if the es has been steadily falling, suddenly spikes down, bounces, then floats slowly to its previous lows, you...

It's really amazing for me how people can make money consistently in the emini's trading purely on a single technical indicator mechanically. I suppose it's a huge advantage to be able to allow a program to do all the work and take the human element out of it. That said, what's the logic...

Seems to me that compounding %'s sounds very nice on paper, but eventually I would imagine size would become a problem. I think it would be far easier for someone trading a five-figure account to pull in 10% daily trading eminies for some time before that number just gets unwieldly, than say at...

Asset allocation yesterday? Felt like 10-yr yield tracked es tick for tick.

Sounds like you guys are trading nasdaq via E*Trade or Schwab with all the talk about better "fills" -- if you're always reaching over the spread and paying at the ask, you are definitely paying up compared to a specialist. A good fill is all relative, and many times if one gets an...

Where's the most liquid market for gold futures? Which months are the most active?

aphex, just curious, why start out trading using the most difficult of all styles? Do you imagine that as your account gets larger, you will naturally progress into longer time frames? Sounds kinda backwards to me. 5k is plenty for longer-term intraday position trades -- why stick your hand...

Believe me, you don't want to be targeting .50 point because you'll never be able to distinguish between a truly good entry point and plain noise. Unless you're trading commission free, you will be eaten alive by your broker before the market even has a chance at an appetizer. Stay with...

Most of the time, watching just the tape will put you a few steps ahead of those who rely on stochastics, macd, or any other momentum reversal indicator -- don't need a weatherman to tell which way the wind blows . . .

Or is it just me?

Actually the es looks like a great short to me on the daily chart, we've broken the uptrend since the july lows and this week's sideways movement allows for a nice entry. Doesn't look like 900 means much at all -- 850 is looking very possible. About time ES plays catch-up with the nasdaq.

I'm using Realtick for equity daytrades and IB for emini's and options, side-by-side, and it's been great -- especially if you have your broker rebate the cost of RT every month. :)

Yeesh, brownie crumbs in my KB!