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[ My vent is the "Anti-war" polls. I don't care which side you are on, but not one American is "suffering" during this war unless you are a family member of a solider. You are not rationing, conducting air raid drills, prohibited from certain commodities etc. There's no draft!!!!! And how...

Thank you for sound advice. I will take to the hart as I respect and value your opinion. Thanx! :D :D

Why???? Because after reading up for more than a year, being positive on a sim for more than 4 months I think I need to go live?? I would say that most of the people on ET have gone live way before that. Be that as it may, what do you suggest? I am open to ideas. Like I stated before, I am...

New headquarters????

Buy rechargeable ones, end of a problem. Also, turn your mouse off at the end of a day.

Well, I think that one needs to have a motivation in order to continue learning and improving in this business. That is where the 50 contract idea comes to play. I know what it means to have a business. A decade ago I had about 15 taxis working for me and later I consolidated and had a bus line...

My problem is that even when I do not stick to my rules I end up in a positive territory. So, I need to go live and see if I can stick to them and see how I take the feeling of making or not making money. I do not have confidence in my system precisely because it has not been tested with real...

Very true, but it is not easy waiting for those two times a day that a set up like this comes up.

Up $400. Webt back to bed too soon and missed the spike. I think this flu will kill me.

There are some places for Polish Traders like www.futures.pl They mostly trade Polish Exchange stocks.

This is too good to be true. Another positive day on the sim. I started at 11 and still managed nice numbers. I must say, the SPM is working and one can squeeze $$$$ from the market using it. Of course, nothing is 100% bullet proof, but his system comes close, if one knows what one is doing (So...

Good points. I will consider your strategy and see if it will work in my situation. However, no matter what happens one way or the other, I will only trade 1 contract the first month. On that I am inflexible. :D :D However, I must say your system makes a lot of sense. I grant you that. :) :)

You got it pal!:D :D :D :D

I am willing to take them. I was under the impression that there are many traders who have a daily limit and once they achieve it, they stop trading. There are those who can only concentrate for couple of hours and consequently make money only during that time. So I disagree with you on...

I like your strategy. I am starting with 1 contract and 6K. However, I will be using time not money as the indicator. So 1 contract for the first month. Then If that month was profitable, I go to 2. By profitable I do not mean 2 bucks over 6K at the end of the month. It has to be at least 10% of...

Psychological barrier. Putting 50 contracts is a lot and I would only feel comfortable doing it when in my opinion the trade would almost be risk free. Also, hitting 50 contracts for one point is a lot of $$$$. If I could bang it twice a day, that would give me enough to live comfortably. Also...

I could not agree more JJ. That is precisely why as soon as I get this lovely flu off my back, I will jump into ES trading. As for the analogy to the NBA, I like that. This kind of thinking stimulates me to work harder.

So in order to do 50 contracts I would have to have around 250,000? Assuming tha my stop loss is 1 point.

?????????????????????? Please explain.

I will start with 1 and thenafter a month of profitable trading it will go to 2 then 3,4 and so forth. As for the strategy, it will essentially be the same but with even less risk.