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There's some freeware called Tradekeeper (i think) that you can download. It can import from IB and produce schedule d forms with calculated wash sales if necessary.

trendline broken

He told me to stop swearing.

As in most profitable. Just wondering.

$5k minimum per contract, preferably $10k. Just my opinion, any smaller and you're probably overleveraged.

Personally I think the market bailed you out, it doesn't sound like you have a stop and got lucky by buying up near the low of the day. What if you double up and it goes down even further? Then you've lost even more on your first trade, then more on averaging down.

For a new trader, he'll blow out quicker on the e-minis. On the other hand, as a new trader I'd rather learn watching the e-minis than wasting time with stocks and then switching to the minis and trying to learn it all over again. Also make sure to elect MTM until truly profitable.

In my opinion, you will progress to the point where keeping a log of trades for analysis becomes trivial. Win %, Win/Loss Risk Reward Ratio or whatever you're tracking becomes pointless. All that matters is your bottom line. Your broker should be able to calculate your net gain/loss at...

Well said.

I agree it's a significant high (several months), wouldn't go so far as to call it the start of the new bear market though.

I prefer the aluminum bats myself. Much more incentive to execute properly

You have your own bias/idea what the market will do , but you have to be willing to accept that your signal will fail and go the other way. New traders freeze up because they haven't considered what they'll do if it goes against them. There's nothing wrong with having bias, you just have...

If they value the years of work, money lost, mental and physical stress that it took to develop a working system.. they wouldn't post it for free to a board of bickering fools.

yeah you're right, I was looking at the SMA.. Dec and Jan downtrend line is broken on SPX and INDU, pending the close.

This it ? http://s1.amazon.com/exec/varzea/ts/exchange-glance/Y02Y0231338Y1774426/qid=1049527202/sr=1-1/104-4095542-0775961

Past two weeks have been subpar for me.

There's a war going on ?

Probably works well actually.. people that are too smart tend to overanalyze things.. some drunk guy would simplify : gee, i can do : buy sell sit chart is either going: up down sideways

A. Watch, save, print out charts of whatever you're trading every single day for a year. B. go to A

If you're paranoid, use the program to download your IB data .. make the schedule D .. then change your IB password. The worst thing the guy could do is withdraw all your money to your own bank account or do something stupid like trade off your account .. in that 45 second delay time it...