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Mike, good idea. Jack, if you prove me wrong I will call you on the phone and apologize as well, if you want.

OK my last post too. My final thought(hehe) is that maybe with all this nonsense dying down we can finally get some decent ideas circulating this board, without every intelligent thread turning into one of Hersheys ramblings. I don't understand why he never just gave in and posted something in...

What happened to SCT? Aren't you supposed to be in trades all the time, riding the trend? How the hell are you supposed to make 3x the range if you are sidelined?

Quote from bubba7: "I'm out of here. Do not pm me. I am not going continue anything in ET at all. I worked very hard for 6 months and I up to this minute was spending a lot of time to be helpful. My thanks to nhkoi for inviting me here. He is a fine person and I do not wish to...

Howdy Sempai, Looks like you understand this at least as well as I do. The only suggestion I have is to watch a 5 min and even a 15 minute chart to help filter your trades. IE if you see divergence from the trend on the 5 minute chart, rather than trading a pullback you might start to look...

Oh yeah wasn't sure what you meant. I remembered him posting that and couldn't make any sense of it at the time, though maybe he could shed some light on it.

Good news, got my balance up to $1200 this AM. I've been reading The Master Swing Trader again, and stuff is coming through to me very clearly this time around. I have a feeling this is a book I will be reading many times. I've been treating my trading like swing trading, only with the plan...

Hershey was the first guy I tried to study on here, gave it up after I realized the pt 1,2,3 thing that took me hours to figure out was nothing more than a price channel. I think he understands markets well, and just might be a succesful trader. If your preferred method of learning is spending...

I hope everyone is short on the ES right now. Nice double top with candlestick reversal. I turned down that housekeeping job. I reminded myself that I am not a woman, and couldn't go through with it. Would have cut into my skiing time as well.

I know it is easy to be a Monday morning QB, but you went short after a doji(I think) followed by a gap up.

"I make short lists in the evening. To get a net of 10%, I usually find that the lists contain stocks that move over 20% at least five times,in the last 6 months. I assess them using the assessment sheet I posted in the journal. To get the universe from which I make the short list of stocks...

Jack, ever since that virus my excel won't work, so I am unable to view that attachement. What do you think of my idea? I believe at one point you recommended to me that I trade low-priced stocks.

Mike, You'll notice I said I would paper trade. You'll also see I would risk 2% of capital per trade. That means I would be trading like 20-30 shares at a time. My background is primarily in swingtrading. This is what I have studied the most, and have always been most interested in. I...

Closed out, down about $60 for the day. I have been doing some thinking. I have 2k in reserves, leaving my total trading capital at 2900. After that, it will take me about 4 months to save 1k at my current job. The cold hard fact is that I might very well lose my money very quickly trading...

Well looks like the magic numbers have put the market to sleep. Might be taking that break pretty quick here if something doesn't happen soon.

My favorite book is the master swing trader by Farley. I would read others first though because it is a bit heady. Maybe this: 1. TA by Murphy 2. Candlesticks by Nison 3. Farley

Damir, do you trade off some sort of central-tendency or something? No charts or volume, right? Just curious.

I do have a stop, but it hasn't been hit yet. I'm trading different now, with bigger risk/reward. I feel that I have regained my discipline and feel perfectly comfortable trading today. Since my trading is really only between me and the market, that is all that concerns me. My plan was to...

Daytrade margins are $500. I don't think there are any CBOT minimums for this. Still holding my short, not liking it but not much choice either. I know objectively it is likely to go down.

Global futures/daytrade4less.com I didn't go short no at 9350 no reversal signal, I'm very close to shorting again though. Edit: Short @9375, with downside breakouts on the YM and ES.