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I wonder who bumped it a 1/4 the last second? My short the last hour below the LOD was painfully stopped out due to the quick reversal to new highs. Luckily caught some of the first 10 point rally to end at -3 ES. :D

TheShooter, Easiest way to conceptualize cash flow problems is to map out the cash flows how they fall on a timeline, and then use the appropriate formula (pv of series, lump sum, etc.) to bring the value to the present or the future, whatever you're solving for. And also do it in logical...

http://teachmefinance.com/contents.html Back in 92', when I took the CPA exam, you had to do this stuff by hand. If you're going into business, or want to purchase a business/rental, it is good to know this info.

Good job Andy, holding those big drawdowns is the true test in a longer term system. I'm sure you are rewarded on the upside with 30-75 point up days by keeping those big stop loss reversals. Once we get out of this small consolidation we've been in (maybe today was beginning), your system's...

Analysis from Dr. Ruth

You called it first. :D My system said to stay long, but my gut said to not trade, so luckily I didn't today.

Mr. Spock would be good at executions, but I don't know about creativity to design a system that works? McCoy or Scotty might be better at that. :)

That's easy for Mr. Spock to say, but not humans.

It will be interesting to see if the market gets gapped up again on Monday after the failure to move it higher before the close.

Seems like Fridays for the last 6 months almost always close down, so I bet we sell off into the close and fill the gap. Of course it seems somebody's propping it up so it might not go anywhere.

An idealist at 25 becomes a realist at 35

I have 3 IB accounts with 2 consolidated in the Universal account now, and figured the software wasn't working with the Universal account so I shut it down. It wouldn't give any info like executions or account info so I figured it wasn't able to do trades. Since there was no position showing...

I was testing my new Universal account out at IB yesterday and unknowingly shorted 1 contract of the ES in the morning. The software I had didn't appear to work and didn't show a position (5 months out of date). I reinstalled the software that evening and found I was down $475 for the day. I...

Good job on a tough day.

Closed short positions with trailing stop at 777.25 for total 5.75 per contract profit on two trades. Quit before close.

Intraday swing is working ok (ES contract). Bought the break above HOD at 880.50 and reversed on the breakdown at 881.75, leaving 7 points on the table (but thats the breaks of longer term trading). Currently short at 881.75 planning on a drop to the close (currently have a 7 point stop loss).

LOL. Is that you or Yoda? :D

The odds are MUCH higher that your stop failed than their system not recording a transaction. I would put another stop in, or sell them if it shows as a current position.

You are probably long still. Luckily we are having a mini rally so you might turn out ok. :) Use the chat, its pretty fast to find your position.

we "shouldn't" have dropped like we did today - today was not "real" since it was the day after a holiday.