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I use Buttontrader and Quotetracker which use the API. Will this be affected?

Maybe not but doing it over and over again and just repeating the same stale stuff gets old.

You would think there would be a lot of arbitrage taking place with YM as there are only 30 stocks to buy and sell versus a few hundred with S and P.

Lots of charting software works off IB data. Quotetracker, Sierra Charts and Ensign to name three. They are very inexpensive and work pretty good. You will get lots of different advice here but if I were you I would look around the net and find a simple strategy and trade it with 1 YM contract...

Jeez. Ive been with IB over a year and didnt know this. Are you saying I can log into my account from two differerent computers running TWS on one and a charting app on the other?

I think those Foster beer commercials have done a moreto distort the image Americans have of Austrailians than anything.

Aha. Looking back at Spyders recent post I see what you are talking about. Backtracking a bit I see that we were in an overall downtrend from the previous close so I was not looking at the correct channel. Fascinating stuff.

Would you guys clear something up for me. One thing I get confused about is when price steadily increases on decreasing volume. I can see that decreasing volume is forecasting change in the attached channel but still overall price is increasing while volume is decreasing and I thought price was...

I only watched part of the show once but Im pretty sure at the beginning of the show they clearly stated that the information Cramer was going to give out may have already been given to others.

About the time that happened they had a hostage situation in Florida that may have been mistake temporarily for a terrorist situation. It turned out to be some bank robbers.

Suppose you knew this guy who says he can teach you how to make a lot of money but you dont like him. Hes a braggert, arrogant and opionated and you cant stand him. Say theres another guy around who has been documenting for a couple of years that at least some of what this guy says is true so...

Absolutely. That coupled with early entries will mess your head up. I had this nasty little habit of saying to myself, Ill get in a bit early and just risk a few ticks. When that got stopped out I would do it again and pretty soon I was in a battle just to get even.

If youre really interested you can find numerous links in spyders thread to documents which cover the subject.

heres one

March has been one great month and we still got the rest of the week to go. Looking forward the the str/squ disscussion.

What is astonishing to me is some peoples obsession with Jack. Its incredible how these things go on and on. He pushes some buttons for sure.

This guy uses Prem on one of his trades. Look under Trading Ideas. http://www.tradersparadise.blogspot.com/

I object to your objections.

Hypo I do not think enough people will ever become proficient enough with this method for it to be a problem. Most people will not stick with even a very simple method long enough to make it work.

I can almost guarentee you that you will lose money for at least the first couple of months. The more contracts you trade the faster you will lose it and you can take that to the bank.