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4re, I missed saying thank you for the pm invite into your thread... it is a very pleasant, extended conversation y'all are building upon, a most refreshing change from some others we might find. As for your +2pt targets, whatever is working, keep it up! Please don't change one thing!!! I...

tradequicker, porgie isn't nuts.... just uses.... lots of... periods... in his... writing... (laugh) porgie is cool, always enjoy his input :>) * As for stops? I'm a pure intraday trader at this time. Might decide to hold some ES trades for more than one day between now and next April...

mschey, I clarified my position with stockgirl and apologized to her where I felt it was needed. True or true? Please feel free to promote my service(s) as much as you wish... every word in my forum speaks for itself. There sure as hell isn't anything to hide in there. Everything I trade with...

mschey, you know not what you speak of. Not at all, which is very apparent in your post above. I have nothing to prove to anyone, because I want nothing in return. I don't need or desire your approval, and I deserve the same respect as anyone else. Capiche`? * Imagine if you will how...

mschey, why are you here? Why are you sharing anything inside this forum at all? Why is nitro here? Why are any of the other veterans sharing info here? What's in it for you? What is your personal "payoff" for investing time = effort here in this site? Answer that question for yourself, and...

mschey, please direct me to anywhere in any of my posts where I've referenced any type of offer to anyone. I'll be sure to have the moderators delete that errant post at once. If you aren't able to direct me to such a reference or connection on my part anywhere inside this entire forum, why...

mschey, you offered the correct advice. I did not mean for stockgirl to keep going at the pace she is... whatever that might be. The term "living expenses" means what? $75k per year x4 equals $300k? I didn't presume to know or did I ask how much loss was attributed directly to trading. I...

stockgirl, it is a common expectation to assume trading is far easier than we discover it to be in reality. For a number of reasons, most people assume if they can fund an account and handle some simple math, results should follow suit. Recently I watched an experienced chainsaw artist carve...

For whatever reason, emini rollover week tends to have at least one outsized directional day. That coupled with last week's total range constipation has us primed for a big move. I believe the S&P has held a 16pt total range for past three trading weeks... something's about to give, big-time.

Nitro, in May I had three of my best emini sessions ever. Two were $20k days, using 10-lots size. Eminis and stocks do trade differently, of course. The setups I relish most are either gap & go moves that run parabolic up or down past 2:00pm EST, or gap & fail moves that make the same big...

Grob, I tend to sweep out monthly gains above $20k in my futures account. With that I readily trade 10 - 20 ER contracts and 20 - 30 ES contracts, keeping max loss per entire open trade at -$1,000 to start. I keep max risk at 5% of current account balance, scaling up trade size thru the month as...

Nitro, I was thinking the exact-same thing to myself. Roughly 2 -3 times per month we get one of those big-trend sessions. The morning starts on a gap & go or gap & fail. Price action hangs sideways all day long, then goes vertical from 2:00pm est into the close. If we spot these events and...

A skilled emini trader only needs $50K (that's $50,000... only four zeros) to make a comfortable living from the emini market. That allows for "safe" trading of 20-lot positions max, 10-lot positions with ease. Day-trade margin there is 100 contracts, but that's literal suicide. A skilled...

Skilled traders can make excellent money in any symbol = market with zero indicators on a chart... just ability to measure pure price action alone. One symbol, one chart, nothing else is necessary for filtering direction and selecting precision entries. Using a few indicator tools and/or...

When I referred to the daily pivot point as an important indicator, it was not in context of a trading signal upon itself. If one uses price postion relative to the pivot, you will remain on the correct side of directional price action far more often than not. For example, Friday's ES session...

For pure intraday traders, the daily pivot point is most valuable indicator by far... there is not even a close second to it. Taking long trades into pullbacks with price action above the pivot OR short trades into lifts with price action below the pivot will keep intraday traders on the...

There is no possible way to eliminate losing trades from the process of trading... period, end of story. Traders who funnel precious time & energy down that rabbit trail are heading in the absolute wrong direction. The cure for fearing loss is gaining confidence in ability to manage winning...

Back-testing data results is only possible when we have at least one constant to build a basis from. A mechanical system is assumed to be constant unless someone changes all of the rules. A system will execute entries, management and exits the same, every time without fail until otherwise...

As someone who has been thru the mechanical system mill from inside out, I'll me chime in a bit on <b>kiwi's</b> points. Monte Carlo risk of ruin, percent correct, profit factors are all critical in building a productive system. That is true because systems are highly inefficient compared to...

Typical end-month session' dip at the close... they held 'em propped all day, then funds front-run other funds unloading their window dressings. Happens often enough to be a pattern: my only two trades today went 0pts ER and then +3pts ER right into the close. We've seen enough of these last...