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I agree. Your edge is your ability to stick to your system and apply it to the market 100 % of the time. It was once said that you can publish your trading system in the newspaper, and people will still lose money simply because they fail to apply all the rules of the trading system...

successful troll is successful... don't feed the troll guys. Just advise him to LURK MORE! besides you become the master when you win more than what you lose.

I have but im not doing size so I don't trade the ES. Also for my system it works best in markets that move quick such as the YM, Dax30, ER2 and NQ . Its a breakout system, and I just can't stand the liquid, back and fill that is the ES or the DJ Eurostoxx 30 Once im doing size then I will...

today was a suckers rally...we still need to break out of the 1402-1408 range to test new highs and see if we can go back into bull mode, at least for the short term. Other than that, the traders are are in control of this market and its getting tossed like a rag doll... To me it doesn't...

real money?? So timmay is trading monopoly money here?? The guy is doing his thing, he has an edge is using it to make money. I guess people can't stop drinking the haterade.

buy low sell high sell high and buy low price is irrelevant as long as there is a profit involved. Happy Trading

its seems like people who are attracted by low trade margins are the same people who lose money trading spot forex. Trading futures is a big boy game, and why would you play a big boy game with a little boys bat?? Its best to have at least the initial margin set out by the exchange, and...

try swing trading, or holding for longer term. then you will have more time for your family. however, your not trying to save the whales here, day trading can take up a good portion of your day, especially if your just starting out and trying to find your edge. there are people who can trade...

I have a hard stop of 20 points when I enter my trades and I use a MA as a stop to exit trades, regardless if I am in profit or not. VERY rarely do I get hit on my 20 point stop loss, and I trade mainly off a 89 tick chart. most I lose on a trade on average is 10-15 points. when I am in...

what is the time frame that you trade? . what looks like chop on one time frame is a trend in another. My system is based on a minimum of 30 ticks, although I use a 89 and a 144 tick chart on the YM. when it gets "choppy" i get stopped out for about 5-10 points over and over again. I...

I agree tick charts help especially if you are trading a short time frame. I apply a 89 tick chart and a 144 tick chart on the mini Dow. Then I look to see which one is providing the best signals for that time period. I also look at a 5 min chart for an overall picture of the trading...

I guess it depends on your system. I personally like break out systems on markets that really move, in terms of ticks. So the ER2, YM and the Dax are perfect for this. You enter your position, the markets carries you along then you exit. Its all about timing and you can net healthy profits day...

you should look into using a tighter stop once you are in profit. For example if your 20 points in the green then move your stop to 10. if it reverses then you bank 10 points. It seem like your trying to capture the most amount of points but the market does oscillate and you will find your...

1500...don't be a piker get some real money together like 5000 plus, trade futures (no PDT rule) and profit. plus lurk more and use the search button. You will find yourself asking less questions and learning more.

hmm after hours jam sessions. volume seems thin at these times. I like the Dax and the DJ Euro Stoxx 50 after 2AM EST. Not as much action but you can catch some decent trends, plus you can trade them into and during the US session.

history tends to repeat itself

sp500 was a nice fade this afternoon! DJ Euro Stoxx 50 made me some nice pocket change today too, all in euro dollars, win win situation! I trade the trend of the day but I love it when a trend stops and reverses to the downside.

LURK MORE!! and use search function. plus you missed out so many contracts. I wouldn't be too worried about what others are trading, as long as the contract you are trading is netting you healthy profits, I say go for it. P.S I look at the emini SP500 and the DJ Euro Stoxx 50 for...

nice reply!! thanks for taking the time to explain this to the people that did not know!

I wouldn't hold my breath until we break 1385 - 1390 on the SP500 im still bearish. but I play either side so it doesn't matter to me, I always trade the trend. I agree that Mad Money should be can celled, but I don't mind. Retailers who follow Cramer blindly are the people who put real...