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Range was low to .63, lasted for 13 minutes exactly.

Double bottom now it will bounce to 65-70. Then lower...

You have been averaging down longs in a weak market and now you leave them unattended with a limit a dollar higher? I hope you have a stop!

50 hit. Swing high was 87. Traded through - lots of short covering - enough to stop this move dead. Considering that there has been some good accumulation down here also. Expect low of .35 or so, then sideways between low and .60 for next 15 mins.

Cover all 73 +12

Bigger bounce coming. Lots of short covering has gone through. Low was 53. Still expecting a new low.

looks like i've timed this correctly stop now to 85 even (NB all prices June 2010) Expect small bounce here and sideways before next move down. No higher than 84.90. When the low goes the next price is .50

Short 84.85 target 84 even. stop 85.30

Well I'm sorry if it isn't relevant but that is how I trade - 20 to 30 cent moves. I do take trades which go 1.00, but not very often. The biggest trade on Friday would only have booked me .90. Trading is trading - no matter whether you are targeting the next 4 ticks or the next 4 dollars. I...

No, this does not happen to me now. If I expect the market to reverse sharply from a bottom I know that the accumulation has been completed and large traders are competing for the final liquidity. There are very few aggressive sell orders hitting the bids at this stage, and other traders will be...

North, I keep telling you all, but you won't listen. This is a bull market.

The only way to deal with trolls is to limit your reaction to reminding others not to respond to trolls.

Yes, I forgot to add in my other post. You are doing very well using tight stops. I would have had the stop in the same place. You do not want a wider stop at these locations. "Giving it room" there will only hurt you in the long run. Wide stops are used by traders who are not skilled enough to...

Good to see you are still doing well. Have you tested how your system would fare with more leverage? Your returns appear consistent enough to justify increasing beyond 4:1. You would need a Series 7 and a relationship with a prop firm. Getting access to more BP would also let you see when your...

You didn't miss that trade. You did not understand the market condition well enough to trade it. Big difference. If you are not yet skilled enough to get in on those sorts of trades then they aren't there for you, and you shouldn't feel that you are missing anything. As your skills improve you...

No. http://www.hmrc.gov.uk/sdrt/index.htm

Interesting comments. Firstly, you've not said which timezone your blotters are in so it will not always be easy for others to give you feedback. I see it is 3 hours behind EST. Try to always quote in the market time. I could see by the price this time, but that will not always be the case. Best...

Crude oil, natural gas, and stock index futures. Not sure how this fits in to the discussion though. Why do you ask?

+1 for leaving people the fuck alone. There are few problems with government which couldn't be solved by that. Applies to taxes, the draft, drug laws, "equality" nonsense, national ID cards, healthcare, etc. Foreign policy too. The WP page on Ibogaine sums it up. "While ibogaine's...

Don't lie to yourself. You don't understand whether the market will continue or reverse. This is why you are unable to make the correct decision. The psychological aspect has nothing to do with it. If you knew what would happen but let your emotions interfere with your judgement, it would be a...