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  1. J

    What did it mean to finally "get it" to you? "Get it"=becoming profitable

    Unfortuneately, this is easier said than done... for example, was Friday's market movement in the s&p representive of a temporary pullback in downward trend or the start of a new trend??????
  2. J

    Grinding it out, day after day

    I'm sorry, but USB was a classic breakout from the opening, as opposed to RTM from 3 std dev... what am I missing????
  3. J

    Cyborg Suggestions

    How soon before Cyborg can be used with Interactive Brokers? Also, what is the max number of stocks that meet a trading criteria/algo that can be automatically traded at the same time? Last one... I assume that it has the "stop & reverse" capabilities if desired, right? thanks, Walter
  4. J

    Grinding it out, day after day

    Congrats on your performance, Lescor... The more impressive part was that you traded 1.1 million shares. Considering you mentioned that you trade many lower liquidity stocks and do not trade more than a few thousand shares per stock per trade, I imagine that most of those 1.1. million shares...
  5. J

    Grinding it out, day after day

    Lescor, Would it be a fair statement to say that most RTM type traders that you're familar with tend to fade the retracements, as opposed to fade the trend in a classic sense? thanks, Walt
  6. J

    I'm speechless watching central banks panic with mkts up 75%

    Considering the s&p futures closed at 1107.50 on Friday, but is up to 1135.25 at this moment, do you think the nearly $1 trillion EU & IMF bailout will boost the market up to 1200 within the next 30 days??? Walt
  7. J

    Taking 410K to 4million by Year End 2010

    Thanks NoDoji, Your insights are appreciated... Walt
  8. J

    Taking 410K to 4million by Year End 2010

    Hello NoDoji, Would you mind mentioning the name of the thread where you laid out the details of how you trade the ES, as referenced below? thanks, Walt
  9. J

    Grinding it out, day after day

    Congrats Lescor... Do you trade with Sterling or Lightspeed? Walt
  10. J

    Reversal or Breakout

    With either option being equal or nearly equal in probability of outcome, then it's all about risk/trade management... Walt
  11. J

    Reversal or Breakout

    You may very well know that it doesn't take much more than a 50% win ratio to be very successful. As Steve Cohen, the billionaire said, most of his traders only win about 53% of the time, and his best trader only wins 63% of the time. Fundamentally, if you can create a scenario that has only...
  12. J

    Grinding it out, day after day

    Lescor, How many stocks do you typically trade each day, excluding automated opg type trades?
  13. J

    Reversal or Breakout

    There are several "gurus" that subscribe to the opening range breakout strategy; however, I'm also familar with several professional proponents of RTM (i.e. open order/OPG) strategy. Based upon your experience or studies with index futures, what do you believe is most likely to occur after...
  14. J

    New guys, now is not the time

    thanks for the reply, Dustin... It seems that most traders prefer RTM in high volatility conditions; however, when the market is parabolic, like today, it seems that the intraday momentum was simply too strong to create any reversal opportunity. Although I'm naturally a RTM trader, strong...
  15. J

    New guys, now is not the time

    Would anyone care to weigh-in on this question...?
  16. J

    Buying a Stock and Selling a Put

    Next time scroll to the far left on your trade/risk calculator in Optionsxpress. Your total potential loss on this transaction if the stock drops to 0.00 is $1,123, less the premium received of $363(excluding commissions), which amounts to a net loss of about $760. If the stock drops to $2.50...
  17. J

    New guys, now is not the time

    Hi Dustin, Do you typically trade breakouts, pullbacks or reversals in high volatility? thanks, Walt
  18. J

    Grinding it out, day after day

    As a "rule of thumb", would it be safe to say that most high volatility traders biased toward short intraday positions, while lower volatility traders are inclined to enter long intraday positions?... With that premise in mind, other than market fundamentals, I don't know of a way to project...
  19. J

    Assent

    Are there other CBSX B/D who do not require a Series 7? thanks, Walt
  20. J

    Grinding it out, day after day

    Would anyone care to elaborate on Sperling? What's his full name? I guess it's Marc Sperling... What annualized percent return does the 7 figures per year represent? thanks, Walt
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