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  1. R

    POLL! How Much Do You Pay Per Contract

    Whats IB charging y'all for the "IB bundled/unbundled" rates?
  2. R

    POLL! How Much Do You Pay Per Contract

    I trade with Transact Futures, and I am really satisfied with the way they handle my account. Of course, I have accounts at couple of other places too, but I am not as satified with them.
  3. R

    Steel Futures in the future?

    Whats the point of having a metal futures contract without an actual delivery? I think it kind of defeats the purpose of having a "futures" contract. There is a futures contract for silver, so why not steel? I cannot believe they haven't thought of this much earlier.
  4. R

    YM Traders

    porgie... I think your are talking about equal volume charts.. aren't you? :D
  5. R

    The Million $$$ Quest...

    Weakest link in the chain: The Trader While it may be true that some individuals achieve success by breaking all the rules, it is also true that such individuals are clearly in the minority and their success is the exception, rather than the rule. Unless you are blessed with fantastic luck...
  6. R

    The Million $$$ Quest...

    I think its more like on each and every single trade, you might get stopped out. Maybe like 100 straight. And thus, since there is a potential that you might lose everything you have for trading, you should only risk money that you are willing to lose.
  7. R

    The Million $$$ Quest...

    The Game Trading game is not necessarily a game that is won by brain power. Rather, the game is won by following your rules, letting your profits run, and closing out your losers quickly. Most traders are sorely lacking in discipline. This is the single most pervasive and costly problem...
  8. R

    The Million $$$ Quest...

    Fear It is the fear of being wrong that inhibits action. But if this fear also keeps you from making decisions, then you had better give up the game-there's no way you can play it without taking some heat. You never know ahead of time whether your decision will be profitable or not. If you...
  9. R

    The Million $$$ Quest...

    Trader Expectations The only expectation you should have as a trader is that you will lose money. Beyond this, any profit you make is a gift. Expect the worst-case scenario, not the best! (**Jake Bernstein quotes)
  10. R

    The Million $$$ Quest...

    Yeah.. Looks like you are right. Profit Target: +$900 Shut off: -$300 (goal is never to get here)
  11. R

    The Million $$$ Quest...

    Day 10 LONG ways to GO... # of Disasters: 5 Such a losing day... Because I played around with my contracts around and I got hit for some hefty losses that were bigger than my winners. I should also have a shut off point for the day before my trading gets out of hand. My new goal is...
  12. R

    The Million $$$ Quest...

    Thoughts Market's goal is to make the most amount of people lose the most amount of money possible. For that, Market is going to throw at you the least unexpected thing you possibly cannot ever imagine at you every time. You have to be on your toes at all times. FOCUS.. be one with the...
  13. R

    The Million $$$ Quest...

    Day 9 Trading for the WHOLE DAY... # of Disasters: 5 Whatever bias you may have, or whatever you think will happen, you cannot just let it happen...and take your eyes off of it. You have to stay within your Trading Plan at all times. You cannot be complacent even for a second. Today...
  14. R

    Crash Countdown

    Some huge orders going down.. looks like the last hour could be ugly.
  15. R

    Crash Countdown

    Looks like its here...
  16. R

    The Million $$$ Quest...

    Higher probability trades. Prices are falling down hard, and you want to get in on at the market... but the prudent thing to do would be to wait a second, and go in with a limit order rather than going in with -3 pts right off the bat. Those little things that takes a lot of patience out of you.
  17. R

    The Million $$$ Quest...

    Day 8 PATIENCE is the "KEY"... # of Disasters: 4 I need to quit taking every trade imaginable. I need to NOT TAKE TRADES. I should only take the best trades, and I should not jump in on those trades. I need to be patient, sit back and only enter the trades when they come to me rather...
  18. R

    The Million $$$ Quest...

    Thoughts: Without discipline, it is only a matter of time before you blow up. With discipline, and without a positive expectancy system, you will eventually grind out your account. Slowly but surely, I need to limit my losing days, or try to finish positive everyday. Simple as that...
  19. R

    Buffet's holdings as of June 30th

    House is a depreciating assest. Warren would never be dumb enough to own multiple houses.
  20. R

    Pro's Thread... $1,00,000 Profit Minimum

    I belong here. I am making my million and here is my journal if ya don't believe: http://www.elitetrader.com/vb/showthread.php?s=&postid=878736#post878736 I think the Dow will go up +97 pts tomorrow. And day after tomorrow, it will go down -61 pts.
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