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Let me guess the reason why you look at the Dow instead of the S&P500: Because it's the bellwether! That's what I thought.

Or nowadays you can just keep trading 100 share lots with IB and lose only a few grand a couple of times until you finally turn profitable.

Thanks for the tip! Adding GS to my TWS page 7 ...NOW! Anything else I should know about?

Is there really a difference? I sometimes trade MMM and if those trades are not scalps, I don't know what is. If I buy for 126.20 and sell at 126.60 a minute later, I would think that's a scalp. But if you are strict you could say it's an intra day swing trade, because a scalp would be to buy...

Dare we say the 'nam word?

You are obviously right. We will just have to define the term "pct" at the end of the week.

You call this normal?

If that is true then oddiduro will have to stop after 9 consecutive losses and never trade again (if he follows his rules).

Same here, except for the sweeping.

Maybe you should scale out of your position using limit orders as the spike progresses.

Funny that you call the outperformance "leadership". I have noticed in the past few days that the NDX is suddenly a pretty good leading indicator for the S&P futures. Especially in sudden up moves.

Thanks for letting us know. They almost fooled me into thinking it were a normal religion like Christianity and the terrorists were evildoers who just happened to have that religion, like the Christians who burned witches or brutally slaughtered the native Americans in the most excessive...

Don't you find it strangely perverted that you cannot use these simple words to describe bodily functions on national television or God forbid see a naked female breast, but programs where dozens of humans are slaughtered and everything is shown in full detail (except genitalia of course) are...

I have only one problem when trying to sleep: noise. Other than that, I sleep like a baby. But I stll think the world would be a better place without weekends.

Before I looked at the dates I wanted to respond "Why didn't you tell me that in September of 2001?" Seriously! It took me over a year to figure out that "Never trade against the trend" is the biggest load of bs and really the only thing that kept me from being profitable. rtharp, I guess...

BTW, I think I lost about 200 bucks today. On a good day I will make 1000 or a little more, but most of the time I am happy with any triple digit gain. Yes, I am a little guy.

Well said. And today was not a good day for me, because my plan didn't work out. But it could have been a lot worse if I had not used unusually tight stops. I guess I kind of had a feeling...

My guess is people who are not in the US, but want to be in the US are not likely to post on this forum, because they obviously don't have their act together and need to focus on what they believe to be more important things. Think about it. If you are not trading in the US you are either...

I think he wanted someone to explain how the strange funky 15 (or however many) minutes before the open work and how the opening price is determined.

Careful! Those people are very influential. Who do you think made the PDT rule and killed the QQQs and SPY on ISLD?