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Winning strategy for today: Buy 360-365 Sell 375-380

I just spotted a 1-2-3 reversal pattern.... Look for a break past 365 soon...

10:00 am to 2:30 pm EST

NICE !!! Promotional scam where they are trying to benefit from a beloved name. :(

Write it down, have a set plan on what you are going to do tommorrow. so that we all can see it and tell you whats wrong with it.

I mean, how do you plan to scalp?

Nice.. Another Loser :D Efficient Market is doing its wonders.

Wow.. You're one super duper Accountant.... :) I am just ordinary. I am into everything.. but not great at anything. :(

Yeah, It was on a 30 pt range. But, what was different was, the range was a lot bigger than a usual 10 pt range, and the extremes were clearly defined.

Just curious, whats your profit target? Looks like it is 20 pts!! I don't think that is scalping.. that is more like a position trade. With 5-6 trades a day, there is not much flexiblty to get in and out and to be on the right side. Yeah.. I was surprised of the +100 pt move up after the...

Directionless?? It went up the whole day. Actually it went up 100+ pts up.

opps.. wrong thread... :D

-------------------------------------------------------------------------------- Quote from nitro: I don't know why anyone needs to lie, but you are. Here I am going to lie: I do 2000 YM RTs a month at $4.80 a RT. That was easy. Why did I need to do that? nitro...

I didn't start with 1K, I actually started with 30K, and made it upto around 50K... Lost it all.... & I don't trade to make a living, I trade to make MONEY. I could do multitude of other things that are less strenuous and my easier on my life....but all of those would be less exciting...

lol.. .you seriously need some kind of medication. $1.82 RT for ZN due to volume based discounts. $4.82 RT for YM due to the lower volumes I used to do. Now I am shopping for a lower commission with a projected RTs of 3,000/month.

Getting a lower commission is a double edged kind of thing. You actually have to do a higher volume to build your account up. And since you didn't do much volume before hand, your broker doesn't give you a volume based discount. Thus, you have to pay a higher commission doing heavy volume...

No, it was $ 4.82 a RT. Now I get volume discounts, and it is $ 1.82 a RT. :p

Nitro, you're so right. I was lying to you. This is so much fun. I do 500,000 ZN contracts a month as well.

Why would I need to lie to you??? I was being overly conservative earlier, and I calulated it using 100 RTs per day x 5 days/week = 500 RTs per week .....and then I multiplied that by 10 for some reason, (maybe it was because everything else, 100, 5, 500 was a multiple of 5 & 10) and I got...