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This reminds me of that old much loved mantra for salesmen. 'You didn't plan to fail; you just failed to plan'. :)

Strategies .. True. :)

Absolutely no problem. Why all you have to do is post on Elite Trader for the first time for some elite traders to immediately cough up $1-2million to feed into your dummy system. When, if ever, you have a superior system, be a good boy and make your own fortune on it first. :)

I assume that was a Buy. You did good. :)

Flashboy, I liked your opening post .. refreshingly truthful. Ok YM today. I use a predictive model. I go at the Open. I already know it is a BS day (Buy or low of the day before the Sell or high of the day). I don't expect much of a barrier, that is a dip, after my Buy. I expect a 5-22...

Automated trading systems? The bad news. A fortune cannot be made from that. But happy drawdown days!! :)

None. There is no way. Forget it. :)

Let us all know when you've stopped reading and started trading. And just a small point about all the preparation first: do the data assembly, research, analysis, study & trading model planning and testing before you start actual trading. :)

No.

If a 'sell' is recommended and from the time of that advice the market goes no higher and ends 60 points down, what is the problem? Surely if some had sold at the time of that advice they can choose their own exit at whatever profit level they decide? :)

Funny you should make that analogy. I sometimes enjoy a large glass of chilled white wine (ie Chardonnay) alongside a plate with a stem of large white grapes. :)

I did. But read your own words: "Well, that is what it is like on these boards when it comes to trading and reading the tape. Everyone talks a good game but when it comes right down to it, there is nothing tangible and concrete about what they are saying. " That being so, you're already...

Macro Event says "..wide range days offer much more daily range for increased profitability.." Sure, of course. Small and medium range days can also be taken like the juice of a grape. You know how you should eat a grape. Bite it. Let the innards of the grape spill on to your tongue...

Fu*ked up before you've started, right? I'd say, stay away from trading. :)

Index futures are a cornucopia. Same refrain from me (eg Dow index): the money is in the gyrations. :)

I see that you say you are a moron. Ever considered this. You ARE a moron. Stay away from trading. :)

As I've said before, the money is in the gyrations (eg DOW index). It will always be helpful that the rest of the world and his dog prefer to be locked into 'trend'. :)

One millimeter? :)

You got it buddy. Probably accidental on your part. Its about getting the Holy Grail solution. And next step (or part of multiplying your capital): position sizing. You can move up the scale to the optimum liquidity the market offers. You are talking mega returns at this point and you cannot...

You got it, bitch! You've got almost everything to learn, Fatrat, and your prospects are still very very dim. But if ever you appear out your own chauffeur driven top of the range Cadillac or Rolls Royce, I'll be very happy. :)