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I have a proven system that <i>can</i> produce a 20-25% return a month. The problem is it doesn't do that each month. :D

For me (who isn't in your room) action has been a crap-shoot. But I did manage to lock in ES and NQ gains today - and more than just a few points!p$ Thanks again for the levels, man. :D

If the rally gains strength in the form of institutional buying (re: heavy volume) the vix will come back down. If there are no <i>real</i> buyers - headlines will jerk this market with another vix spike or two. Markets are forward-looking, so we may already be on the upswing (re: watch...

Sweet! Improved 1/2 my NQ hedge (SHORT NQ's) by closing on the late bounce at 1178.5 to then put it back on at 1192.5 - when it bounced more. Every little bit helps, I guess. pay$

Finally pay$ off with a sudden <i>5 point drop!</i> Edit: drops another 2 points and then bounces back up two so closed out for $200 profit.p$

STO 1NQ @ 1176 Entered STOP order to STO 1ES @ 857 w/ a 1 point STOP. :cool: OK that hurt. Churning account now and took another $50 loss waiting for this thing to close at the lows. Still SHORT the extra 1NQ and now added one more SHORT at 1175.5 with mental STOP.

Closed at 858 for $150 profit. Re-entered at 858.5 w/ a 0.5 point STOP. We shall see.

Well it did just that - <i>popped</i> to trigger the BTO STOP order. I placed a 1 point STOP. We shall see if this has any legs. Edit: not particularly liking that entry, it was STOPPED. It was more likely to be a continuation of the bounce I thought was small and profited from $50. It...

OK - it looks like there has been some severe selling of tech issues today. Redemptions? I do not know. But what I do know is that there is plenty of room to the downside for more selling into the close. Or we could POP since we hit the day-traders UT (ultimate target). I placed (2) STOP...

Target hit, closed 1NQ at 1176.25 for a 9 point gain. Entered 1ES LONG w/ 1 point STOP to see if can profit from the bounce. :cool: Edit: closed 1ES for $75 gain. (It made a minor bounce off the ES profit (downside) target and well just took the $$$ and ran).

So we are riding this trend and for now am :). But will it freak out? We can close this and be profitable for the day (giving up the profit target). Or even add on a bounce (fade). This has NOT been working well, lately. I guess we will just go with the trend (lower-highs and...

I guess I am not the only one thinking we should be able to profit - since at this exact juncture things start to act a bit funny.p$ Of course volume is ridiculously low, but you'd think so on both ends. Anyway, once we break a level there is a good chance traders will move it to the...

Back from meeting and guess what? After a pretty good bounce the staunch weakness we have seen all day long is back again with still 2 hours left of trade. I went SHORT 1NQ @ 1185.25. We shall see what the EOD brings. :p

:D Well we got an immediate 2 and then 1 more point up. I am still not STOPPED out and am waiting to go to a meeting and so I will have to be content to close this one out $37 loss. You guessed it - slight loss for the day! Whoohoo success! pay$ Edit: I took a quick peek to see...

Another moment of TRUTH. Now did the buyers get shaken out? I mean we bounced off this level 3 or 4 times already.p$ Edit: It is at 870. I think it will now JUMP 3 points in either direction from here. Question is which way will it go George?

Maybe it is just me, but when I see the indexes dangling below the break-down level and still in a downtrend for - well, I STO 2NQ w/ 2.5 point STOP. Edit: which gets STOPPED for $100 point loss. Well if things drop from here and I make somewhat of a profit I will be glad to call it a day.

Yup. Just like that it establishes an uptrend within the downtrend and puts me at a $125 loss. Coupled with the $87 gain, this is not too much, but making money (at least for me) is not <i>this</i> difficult! Hmmph!!! Not willing that I should "miss out" on what thus far was a good call...

The action is not looking too encouraging. I mean there is weakness, but these bounces are quirky and not worth risking too much capital. NOW is the moment of truth. It will either cooperate and DROP decisively to again make trades decently profitable - or it will bounce and STOP this sucker...

Closed 1 contract for $87 gain. Will wait and see if we get filled again at 869. Like it knew I just made my decision...less gain on the other - but filled on the STOP. Maybe it will just hang in mid-air then bounce, get STOPPED to then plummet. Or can cooperate and just dump. Even if...

Moved up STOP on other contract up 1 point. it looks like we are getting quite a bounce and I am more willing to lose $50 than get temporarily STOPPED - only to see the ES move rapidly back down. :cool: I do not have all the day-trading tools many of you all have, but put in a STOP...