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i wish you good luck if you try this, but I'll caution you. Almost every person who started papertrading thought at one point "It can't be this easy, I'll be rich in no time!".

The downward sloping resistance line in this chart was the 'significant level' I alluded to above. If you scaled in a bit, it'll be a nice risk/reward payoff if Euro does rally to 1.1900 or so.

today just after maybe 3 Cramer was on CNBC and started talking about why traders haven't seen TEX yet, when a certain competitor making the same product was taking off, and that five minute bar the stock gained $1.50. I don't play those type of trades but obviously, they are playable, just...

less than Esignal e-mini's and a couple extra markets

wow, thanks everyone for the very helpful advice. This is my last month w/ eSignal....I like most everything about them but I just bought a house and w/ the added stress to the budget, I can't justify them w/ two other choices, comparable for my style, at a fraction of the price. I've...

two other things I was thinking that I thought I'd mention. First, each of the three lows on the hourly chart were touched and quickly recovered....it wasn't as if the euro stayed there for awhile. As soon as the low was hit, within an hour it was bought back up into another range...

I was just going to post a chart and a thread about the euro but I'll just add here. On the hourly there were three false breaks lower over the past few days (the last one someone here mentioned they went long at...nice). To me, these false breaks lower are def. looking like the Euro is...

Esignal is getting a bit expensive when your charting equities, futures, and forex....I'm wondering if using the IB data feed for Esign might be better. Anyone tried it?

somewhat of an irony....its not a big deal whatsoever for a kid to spend, easily, $100,000 at college between, tuition, room and board, books, etc....do very little studying and alot of binge drinking. Nobody bats an eye. But even someone passionate about trading, willing to risk a stake...

protect your capital and always use a stop loss. If the career move was a trade, do you have a reliable 'stop'...so to speak. I'm saying...do you have an escape route in case it didn't work out?

I will post my expirience to this point. I'm 24 years old, and have been trading for just about a year. Trading is not my fulltime job, but luckily, my schedule allows me to devote alot of time to it (usually). I've always traded the ES. my first, perhaps 2 months were terribly...

novice question: In the markets, a 'crash' is usually unexpected, when everybody is leveraged to the hilt and people think it'll go up forever. When alot of people are expecting a crash, it doesn't always happen. Seems like anybody who's anybody knows about the impending real estate...

I'm guessing that options, like the futs, being derivatives, that the PDT rule does not apply...am I right in this thinking? thanks in advance

have you looked at GBP/USD as well?

well that changes my mind.

This thread is so breath-taking, I'm calling shananigans. Every single choice and action Ripley has had is the worst possible choice. Just like winners, nobody can consistently lose this big this quick....he's too good of a fade, this can't be real. And the credit card, the ebay....no...

what happens if you are flat footed and can't get into the rangers....then you decided you don't like trading.....you'll have to go on to your 3rd choice in this not at all outrageous vocational game : an astronaut?

hey original poster, I take it this is your first time trading (if not, please excuse). I would be careful w/ backtesting to make sure your not 'cutting yourself any breaks' that could ruin your day when you go live...it seems like a rather challenging system for a nwb, if you are a nwb...

I think PDT might be that you can't enter and exit 5 trades within 3 days or something like that?

my 'real job' up untill now has allowed me to trade (index futures) during market hours. Some things at work are getting juggled around, and for the next week or so I'll be working during mornings, and after that I'll be working afternoon/evenings indefinitely. So I'll be a open/morning...