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Heard good things about OEC, too. Maybe this is a bit off topic...but why do people search so hard for free data feeds? The feeds cost less than a tank of gas and 2-3 ticks on the ES will pay for a month of data. I don't get why people who want to trade levered instruments such as futures...

Thanks, again V... The system I currently use doesn't lend itself that well to wider stops in the 20-point range as the profit target I seem to use most times is 20-points and I'm not a fan of an even risk/reward. Unfortunately, I'm currently only trading 1 contract. Trading multiple...

I should probably make clear that I'm a short-term trader. I don't hold overnight and most trades for me are 15 minutes and under. If that makes me a scalper, then so be it, but pulling 10-points 3 times in a move of say 40-points is more in line with the way I trade now. It's hard for me to...

Good stuff, gang. @PSPR: All market entries; I want in ASAP. Generally, most entries are at fairly quiet times so I'm not really chasing but every now and then the action picks up and I might hop on a bit later than I'd like... Nice baseball analogy, GCSICLRBC...i like that mentality...

Good stuff, gang. @PSPR: All market entries; I want in ASAP. The end of the day move just now on the DOW was almost speaking to me and this question posed yesterday. I adjusted my strategy today due to the sort of wonky moves (for my strategy, at least) and did everything on profit-based...

Thanks, V. Another issue I have is when/where to move to B/E if at all. I notice a lot of trades end up being scratch trades because I moved the stop up prematurely, mostly out of fear of a trade going against me, and the trade may retreat but it never hits the stop...yet would end up being a...

I'm grappling with this issue. I currently use a stops-based exit strategy on the YM and I'm wondering if I should change to more of a profit-based strategy, using limit orders to get me out of the market and then re-enter if I get the proper signal. I had a trade today that was a 98-point...

Yeah, all my stops & targets come from fibs as well and I view the 50% line as the real turning point in a trade, good or bad. It seems that on the chart I'm using and the settings I like, 2-ATR turns out to be 16-24 ticks depending on time of day and volatility and I'm liking the results...

I've got my entries down and my strategy has been working wonderfully, but I notice in the big moves I'll capture just a bit before getting stopped out. I'm experimenting once I reach a certain price moving my stop to some function based on ATR. As it stands right now, my strategy is very...

I'm currently on TradeStation. The P&F scaling can get a bit wonky so drawing trendlines can be difficult but I find that the only time I ever draw TL's is on the slow-moving charts so it's not really a big deal. In terms of seeing the price action unfold in front of you, real-time, it works...

I'm curious what other contracts Index traders augment their trading with. Sure, the "whatever market is working best for my style of trading" is a very true and valid answer but I'm curious what, specifically, some of your "go to" alternatives are when your market of choice doesn't look like a...

I know I'm really late to this thread but I have to say that I am blown away. I started watching PNF charts recently (read all 34 pages of this thread in that time!) and it's like this set of glasses that filter out everything you don't need. It has made my trading experience incredibly simple...

I dunno, for sure. I guess I look at it as a nice return and one that through observation seems like it's not really a huge stretch with sound setups and money management. Maybe by aiming for 100-points it would force me to work smarter and not harder to get the 50...then in a roundabout way if...

HAHA!! Great stuff, guys! To follow up, today made my 50-points pretty easily within the first couple hours and then I sat back and watched the various setups and such as everything went down and in a hurry. I know today isn't a "normal" day in anyone's imagination but it was awesome to see...

Thanks, Cheese :) BTW, do you typically trade YM? Do you also trade other index futures or are you trying other commodity contracts?

What do you think? Is that a doable goal? Say you aim for higher probability winners and the risk/reward is lower, opposed to the trades that have a much higher reward, but greater risk in taking them. Maybe that means scalping 10-points and jumping out before it reverses (or even goes 20...

I just funded my TS account and get the TS software free for the next 3 months and I must say that I LOVE IT!! It does so many things, the indicators are fantastic, the tabbed workspaces are super and so many other things. We'll see how they do with execution when I get to live trading but as...

Not sure if this is an option or even pertinent to the discussion, but's here's what I am doing... The no free trial does suck; that's a given. However, they have a deal going where if you fund an account you get the software free for the rest of the year. I'm funding mine and going to...

My TS account is being funded right now and I'll begin setting everything up with the software in the next few days. For those people on TS, I'm interested in hearing how you have any radar screens or tabs setup for keeping an eye on the markets. I'm looking for a simple tab or 2 that lets...

Thanks!