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    Stats on Bright Trading

    <b>Don, lescor, et el</b>... you are defending positions that require no defense or apology. The vast majority of people who explore our profession in any manner DO NOT enter with realistic expectations of what's involved. Any education is far, far better than dicking around on one's own...
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    Lost half of my years salary in a week!

    <i>"and i find the boards at Elite to be completely filled with animosity and dislike of each other, and I refer to OTHER FORUMS THAT I HAVE VISITED --- call us what you will, but we DO NOT engage in that immature behavior!"</i> <b>mp</b>, that part you are 100% correct about. But that's...
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    Lost half of my years salary in a week!

    <b>mp</b>, this thread could have ended 95 miserable pages ago with one simple act on your part: you make financial amends with the account holder like two mature, responsible adults. Simple as that, end of story. All the rest that has mushroomed since in here is 100% on you. * In the...
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    Trader P/L 2006

    <b>ES 54 contracts, one round turn, +3pts = +$8,100</b> Went long at 1385.50 blended average, traded +4.0pts at R2 value, trailed out on a stop at 1388.50 just before they pushed 'em higher from there. It all happened inside the first half-hour of trading. After that, sideways drift for...
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    Why are US index futures so choppy?

    Mav74 is 100% correct: the SPX is traded from too many directions for smooth movement. Added to that, low volume & volatility make the problem glaringly apparent right now. When volume & volatility are normal to high, price ranges are wide enough to negate the chop. Currently, price action...
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    The Billion $$$ Quest 2007

    <i>"Now, I TOO CAN TEACH you to be BILLIONAIRE trader like me if you buy my "Billionaire Trader Mentor Workshop". Its not out yet, it is still in the works. But, don't let that deter ya.. It is going to be SOLD OUT even before it comes out. But, you can pre-order it now my PayPaling $599.99 to...
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    Lost half of my years salary in a week!

    <i>"I am trying to verify his name because FXDD said there wasn't anyone with a real account by the name of Mike/Michael Parker."</i> What about demo account(s)?
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    The Billion $$$ Quest 2007

    <b>http://www.elitetrader.com/vb/showthread.php?s=&postid=1237418#post1237418</b> Welcome back to the great game, Rip. Looks like you did a 180-degree reversal in belief system about potential for profitable trading. What caused = created your revelation from "can't be done" to "billions...
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    Lost half of my years salary in a week!

    <b>mp</b>, my only question for you is this: what prevents you from making some type of restitution for the blown-out account? In part or whole, what difference does $10k make to an astute FX trader like yourself? I'd assume such paltry sums are merely a week's profit, perhaps less... what with...
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    Percentage of Successful Trader

    Yearly income for skilled, experienced traders is debatable. Here's one scenario after someone has learned the ropes, paid their dues, fought the good fight, etc ad nauseum the usual cliches`: $1,000,000 account balance on January 1st Trading emini S&P (ES) one contract per $10,000 balance...
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    ER2 liquidity

    I've traded 20-lots in ER quite a bit this year. If volume is normal to heavy, they fill. During low volume and volatility periods, you will have trouble getting filled on five. Take a look at the bid/ask any given time... usually less than 30 contracts, sometimes less than 10 available at...
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    Lost half of my years salary in a week!

    <i>"and all my life i thought i would only be a normal moron --- one learns so much about life when they travel to new sites and further their range of experience ! thank you for your input -- i am now fulfilled ! mp ps -- anyone have a good idea where AUDUSD might be heading?"</i>...
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    Trader P/L 2006

    <b>ES 54 contracts, three turns, all short... -1pt / -$2,700</b> Typical Friday: no range, no direction, ES just buzzing in a coil. Same story as last Thursday, except I did not try to catch breaks that simply don't exist. * ER +2pts total on five turns. Had three trades go in favor...
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    What salary would it take for you to quit this?

    <i>"There are a lot of persons (vendors) on this website who I will not mention by name. They respond very well to some of the posts providing lots of knowledge. They promote their prop trading firms and whatever products they have. These guys will disappear when the market turns bad again. Just...
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    Simple Profitable Method

    Day margin for ER is $500 per at my broker... www.mirusfutures.com I trade 13min chart frames, use -1.5pt initial stop. From what I see with this method in here, should be fine with -$150 initial stop. Try the 15min chart as a good compromise... I think you will find fewer trades but more...
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    Trader P/L 2006 Questions and Discussion

    <i>"Hey Austin, Do you think that trying to move all those ES contracts has messed with how you trade your system? Do you think you have a new learning curve by trading that many contracts? I'm kind of interested to see as it would seem to be the same kind of process I have to go through as...
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    Trader P/L 2006

    P.S. - here's the expected afternoon enema, after I trailed out at 1286.00 ES and 766 ER :eek:
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    Trader P/L 2006

    <b>ES 52 contracts, two turns, +2pts net = +$5,200</b> What does it take to get one deliberate swing or trend session in the ES per week? Is that really asking too much? Day after day it's program slam = buzz = program slam = buzz. Long this morning didn't work, -1pt on that Short...
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    Trader P/L 2006 Questions and Discussion

    Interesting thread... interesting thoughts. #1) I myself do not trade with the mentality that everyone is "out to get me or my money". The financial market to me is an enormous, anonymous entity. It exists to move in one direction or both more days than not. In other words, markets...
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    Trader P/L 2006

    ES 52 contracts, one trade turn short, -1pt / -$2,650 Sold the midday break, went +1.75pts in favor, slammed out on the Rumsfeldt news. Staged a limit buy order at 1386.25 before the ramp, price action pulled back to exactly 1386.25, no fill. Now trading 1392+ as I type. Just another...
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