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  1. J

    Why does ET countertrend powerful trends so much ?

    Depends on your time frame. Market moves up and down each day. I have notice when some good traders come into the day bearish and some bullish that they both end up making money .
  2. J

    Taking 410K to 4million by Year End 2010

    Nice Job Neke!!
  3. J

    Is volume overrated?...

    A lot of the block trades that appear as volume on the tape is not traded at the exchange. I think maybe because so much of the volume is done in dark pools.
  4. J

    E-Mini S&P Elliott Wave Discussion: July, 2010

    The weekly chart is making higher highs and higher lows.
  5. J

    E-Mini S&P Elliott Wave Discussion: July, 2010

    Good stuff man
  6. J

    Giving up on day trading?

    Livermore also said the following: " I think it was a long step forward in my trading education when I realized what old Mr Partridge kept on telling other customers, "well, you know this is a bull market!" he really meant to tell them that the big money was not in the individual...
  7. J

    Do you consider money management an edge?

    yes, a good edge with no money management will not allow you to build any wealth.
  8. J

    Giving up on day trading?

    Try to swing trade and focus on being green every week.
  9. J

    Market seems like 2007-2008

    Context is key, think about where we were at in the economic cycle at the time of the crash.
  10. J

    National Poverty Rate - A National Shame

    maybe tax cuts for everyone can fix it.
  11. J

    National Poverty Rate - A National Shame

    The answer is tax cuts for everyone. LOL
  12. J

    the crash i called and continue

    How much money you make on the call?
  13. J

    the crash i called and continue

    One man's crash is another man's pullback!
  14. J

    the crash i called and continue

    How much money you make on the call? Traders trade and analyst predict.
  15. J

    How to "sit" on a position during a big move

    Forgot to add that you have to really understand market context and the phases of the market to hold the trades. Need to be able to spot accumulation and distributions phases. Also need to spot the swings from the different time frames so you can understand what's a pullback and what's a reversal.
  16. J

    How to "sit" on a position during a big move

    How you enter is key with holding for bigger moves. Need to get in near the start of the move so that the swings don't take you out. I hold TF , ES, and NQ overnight. I Mostly use 2B and 1-2-3 reversal patterns. Your mind set has to be focused on weekly and monthly goals. My mind set is...
  17. J

    Trading is NOT a business

    Not sure if trying to build an ATM to print money will work. If it does you will be the richest guy in the world soon.
  18. J

    Trading is NOT a business

    It's a game like poker, black jack, chess, checkers, etc, etc. Takes skills to be successful.
  19. J

    Trading is NOT a business

    Sounds like you trying to build an ATM machine that prints money
  20. J

    How much is TT Feed filtered compared to Zenfire?

    I do the same, no problems with IB and volume charts. Tick charts are a problem with IB.
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