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Exactly, that's what I was thinking - 5K handle. Myabe even lower. But, we may get a bull trap rally before then - it's highly possible. Notice how we've been bouncing kind of on the low intra-day...nobody knows - will it bounce then follow through to a rally - OR is it testing it over and...

When you say 'hired' do you mean DV is the type of prop shop that pays it's traders a salary? Or do you simply mean paid on performance and not paid if you can't make money.

But honestly, this is a new economy so capital preservation is the name of the game now - and to me capital preservation means shorting to high hell to protect myself from the comming storm. Make money now, protect yourself, protect those you care about - if this market really does crash...

This is our market now guys - so let's take control and roll the ball for each other. This is a perfect storm to bring out Friday with a party. Asia down large right now - YM down nicely right now. 4:00AM I'm off to get my 5 hrs sleep.

Hang Seng down 900 points - YM down 365 right now. Let's get ready boys to hold their hands on the way down. Pleeease break the dow limit down today. Oh pretty please give this honey bear his dip.

Exactly...most people still haven't accepted the fact that we could possibly be in a bear market, so they actually believe that these rallies are signs that it's all over and 'they got in at the bottom'. Think of all those suckers that bought into the close that day. You know what's going to...

Did you see that funny US infomercial on how you can buy your dream home for $500.00 to $700.00

Awsome post - i love this. Yeah, this guy is just having fun - people should just ignore him and he'll go away. He obviously isn't a grown up, and definately has no money in the market. It's bloody in asia tonight - what do you guys think about tommorows session? DOW is down a hundred...

I'm going to have to agree with you on this one. People around here are tightening - large. The malll in the wealthy neighbourhood is sleepy. There seems to be a general gloominess around. Alot of wealthy baby boomers I know of are already down 30-40%. They haven't even received their OCT...

This I agree with too. Stop Limits have been by-passed many times for me, and your left sitting there with a limit order. If you leave a big enough buffer though - this might solve it, but even still I wouldn't trust it.

Personally, I've used hundreds of stop market orders on the QM mini, and get next to no slippage 98% of the time.

Ive seen what this fellow is talking about, and it wasn't on WED.

In times of distress, a certain group of individuals will look to whoever is profiting, and simply blame their ills on this certain group. All throughout history, this has happened. I understand these are desparate times for you, and alot of america, but playing the blame game is more an...

I just typed a lengthy reply to explain to you why you shouldn't stick your nose where it doesn't belong. Then I decided that i'm helping you too much by explaining why you are wrong, so I deleted the post. The fact is, I want you to go around proposing your incredible plan...I want you to...

Good luck waiting for anything to happen in this lifetime. In the meantime, every time you go to the pump you can think of us oil speculators, providing our great service to society..in the best interest of the dear public. There is not some conspiracy against the US, to force oil high so...

If you think that these procedures to open an IB account are complex, then you are in for a shitstorm trading this market. The STP device is for your protection and it's one of the MAJOR benefits to IB.

When trading the CL contract, at most I get 1 tick slippage on stop market orders over the past few years. Now there are times when news releases come out, and if you are on the wrong side you can expect some slippage but it has never happened to me yet. In MAR 2007 there was a rumor on some...

No - oil is a global market, and they have no control over it. When it comes to oil, the US are rule takers not rule makers.

Be absolutely sure they in fact deducted the 150.00 from your account in the first place. In my case there was no deduction made, but when I close the account, if I didn't return the device, then they would deduct the fee. Did you actually check if they acknowledged receiving your returned...

Those are likely the days when he made some gains. He posts under the other usernames when his mood is good. Clearly not a candidate to last as a trader in these markets. His emotional instability will ultimately kill him in the market. He may last for awhile, but in the end he will lose.