Search results

dbphoenix: I took control back! Screw you market! hehe. Well, I realize it was choppy like hell today and lowered my trading activity significantly. So, my loss was nominal. basically a small scratch day. In the past, I would beat my head against the screen and trade away and be down HUGE...

harry, I totally agreed. Trading futures is such a high sometimes. Very liquid, easy, cheap, and great leverage. However, like I said I'm doing BOTH now. But for stocks, my horizon has increased significantly beyond scalping to tens of minutes and even hours and occasionally(rarely) days...

momento, well, i've done my fair share of public bitchin' and complain' how sucky markets are here on ET. But the i figure if you want to stay in the game, then you better improve. If not then just quit and stop bitchin'. :D

gotta_trade, thanks for the encouragement! It seems like a step in the right direction. Well, just to let all of your ETers who's struggling out there, it's not all bleak. It's possible. It'll take some time. I was THIS close to quitting stocks trading. Literally. There were days I felt...

That's what I thought too. Futures is way cooler. And more profitable. I STILL TRADE futures EVERY SINGLE DAY! I'm just saying I'm trading BOTH equities AND futures now. For a while, I was so disgusted(how many of us felt that way about stocks at one point or another? haha) with stocks that...

Hmm.. When I switched to index trading, I found it to be pretty easy to trade. No uptick rule for shorting. Nice leverage. Nice liquidity. Only one thing to look at. And I did well in index trading relative to my stock trading. I guess in some sense you can say it's "easier" than stock trading...

bungrider, Yes, I'm talking about index futures, which is probably not the easiest thing to trade. However, I don't know if stocks are "easier" to trader than futures per se. I think they are about the same. So, I've used the EXACT same strategy in both cases. But I'm talking about what's...

Any Futures traders noticed this "slowing down" effect when you try to trade equities again? Just curious. I remember some Market Wizard saying how they trade equities differently than futures. It's usally they are more patient and less panicky..

hey ya! I've been trading futures for a bit now. Then I tried to venture back into stock trading because I haven't done it a while. And guess what? My stock trading has improved DRAMATICALLY! It's like I'm a new man. A different person. I hold onto my winners for much much longer than when...

Science is a differential equation. Religion is a boundary condition. -Alan Turing I can go on and on about the various relationships and deep meanings of science, religion, metaphysics, and trading. But it ain't going to solve anything. Just want to say that science traditionally...

huh? i don't get it. Humans kill humans. I think some gorillas kill other gorillas. But it has nothing to do with this thread. lol

Yep. Losing is the "cost of doing business" in trading. As long as the losses are small and you are in control it's fine. For example, today it got choppy in the morning and I lost a small amt. Then I became conservative. Then a long signal came along I didn't take it and that would have made...

Well, CTAs may or may not comparable to monkey's throwing at darts. But I wouldn't single out CTAs. I would venture to say that prop traders on this board, daytraders across the country, retail investors, institutional fund managers, Wall St proprietary desk traders,etc. probably as an...

Yeah, it tells you that most people methods are WORST than random entry! hehe. However, a good trade depends on : Good entry. Good exits. Money management. Position Sizing. Risk Management. So, a random expert stock picks is not necessarily good or bad if you have a trader's mentality...

Normally, NO. That's why I was SURPRISED that much size got printed over a few minutes time period. Most of the time it's 1, 3, 5, the occasional 10, 15 contracts go by. This is the first time I see all these size keep on printing. It's NOT just showing then disappearing. It was printing...

haha! i guess apparently, they sold it all...

who the hell is trying to sell over 6500+ contracts on YM at 8218?! Now, they got it down to 5520. This is crazy. YM is not liquid enough for that. Now it's down to 5277.

S&P Emini (ES) is actually $50 per 1 pt. It's $12.50 per TICK. And a tick is .25 pt.

So, how do you exit?? As soon as you get a small profit? Or wait for the big trend? Anyhow, I don't think a system with RANDOM ENTRY can make money regardless of what Van Tharp might say. His supposedly random entry system is actually not totally random. He picked a somewhat useful entry...

jack: thanks for some suggestions. I'll think about it. I think it's getting there... Not sure if I understand everything you wrote old deep wise one.. trend: yes, exits! exits! doh! Need to refine my exits. But good entries have saved me many times too. But without a great exit(S) ...