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It's always a pleasure to read your posts. You are so zen. :)

http://www.dslreports.com/stest?loc=2

What's with the taunting? Granted Lundy could have chosen a less provocative title for the thread, none of you should ridicule another trader for making an error. If anything is to be learned here, it's that trading is a personal journey. The opinions of others on what the market will...

If prices blow past your stop (mental or otherwise), quickly. Market order. With experience, you could exit earlier too, if you clearly sense a turnaround. Just take it, and wait for the next trade.

I'm very curious about your indicators, 3 separate ones giving you a buy signal not seen since sep? What are they? All out buying right now? Not sure about that, although the big hammer at 9800 is probably good enough reason for some to cause a spike, maybe even a trend change. If it does...

IMO eventhough the scale might be different, the overnight es mirrors price behaviour of the dax/estx50 (more so than the nq). Eg, you might notice that when support/resistance on the dax/estx is tested, the es will also react according, or a little upward trend on the overnight es could mean a...

what does it tell you chasinfla? That it broke out of a "congestion range" only to hit RSI resistance in a single day? (ebay)

If the contract is geared towards smaller retail players (cme's marketing docs), yet restrictions like this exist, what type of liquidity do the exchanges hope to get? A chicken and egg type situation? Brokers waiting to see how it performs, while individuals are not fully participating...

When prices push through physical chart limits, the price scale changes to accomodate all data points, hence altering the scale of the chart. Resizing the chart window manually sometimes doesn't correct this. A button (checkbox) to lock the chart price scale, and maybe an option to manually...

I suspect you are in a different timezone than esignal's servers. I have the same problem. Come 8am GMT (12am PST - esignal server location), chart data from the previous day will disappear temporarily (for about an hour). Was told by technical support to switch my pc clock to PST. This...

well said.

Lundy, Are you invovled in non US markets at all? eg. Eurex. How are your gap plays working with that?

That's a mouthful for a rule. Sounds complicated. Perhaps that's why you aren't following it. a rule doesn't work for you, try a new one on. Best to make up your own, or adapt.

someone must have been inspired by Mark Douglas' wonderful book. piggyback the winners and take the other side of the consistent losers? 'an extra 10 cents' a trade playing the odds on 200k order flow a day and a nifty pattern recognition book making program makes for happy bucketing. I...

Have any of you faced this problem with esignal? On ocassion when the futures markets spike (very large sudden move) while using esignal, do you lose your internet connection? I've spoken to my ISP about this and suspect that the problem lies with esignal's servers. I'm able to reconnect...

ROTFLMAO :D

If you were using Prop trader, I assume you are looking for an alternative platform for electronic contracts. Have a look at Interactive Brokers as your primary platform. Aimed at self reliant traders, good executions, and cheap. Have a few quips about system downtime, but no firm is immune...

I find forecasting what the market will do or won't do doesn't work for me, so I try not to have an opinion. I'm not an analyst, and I find it counterproductive. Locks me in a view (costly lesson-introduces a whole host of psychological issues). I prefer scenario building + realising where...

3 times your initial risk

Choosing to hear what we want to hear is human. Everyone has a different style; whatever works best for you. Posters could go on and on about expectancies, probabilities but I think the only way you will find out is to try it. Paper trade 2 accounts and decide for yourself what works best for...