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Ramoutar, Thank you for your post. When you open a position, you also enter your stop and target orders, right? Are your target order rigid, or do you tend to tweak it with respect to current conditions? Also, is your stop exit fixed , or do you change it as the position moves in your favor...

I use only one 21" monitor to trade NQ. If I had a 24" monitor that would have been perfect.

Foz, w3 comes from flax seed (sometimes fish) and w6 from sunflower/sesame seeds (among other things). You can get these blends from the Nutrition Dept. of the grocery stores. I prefer mixing equal weights of all three seed and grind them in a coffee grinder. Tastes kind of neutral and I add...

The bottom is line is calorie management as somebody mentioned before. For an average male with moderate exercise, the body needs about 16 calories/pound daily to maintain weight. Moderate exercise is about 2-3 hours/week. So a 200lbs male exercising about 2-3 hours/week needs about 3200...

I started with Atkins diet about 5 years ago. I've been doing a modified version of it for the last 2 years. The modified version is from Sunday till Friday noon Atkins Diet, then load on carbs Friday evening until Saturday night. You need two workouts with this. A one hour serious weight...

The problem is to determine which futures started the spike. Today, ES tanked heavily in my Tradestation charts. After about 3-4 seconds NQ tanked. While NQ was tanking ES almost recovered most of the losses. Later today, I checked intraday $NDX data and it had a 3-4 minute gap during this...

Foz, I went through the 1040 Form instructions and on page 33 they have a worksheet for calculating self-employed health insurance deduction. You have to have earned income to get this deduction and it was 70% for 2002. Thanks.

Foz, Thanks for the suggestions. However, you're not able to deduct your own health insurance premiums or contribute to a 401k for yourself, right? Thanks.

Hi, I'm relatively new on this board. I like reading most of the posts--especially the ones from experienced traders with good wisdom. Some of the posts/replies actually makes no sense. I feel as if they are posted to confuse readers. I look forward to reading Ramoutar's posts. He's...

I did some more reading and came up with the following. Again I only trade section 1256 contracts and assuming a profitable year: 1)File 1040 as an individual. 2)Report trading gains and losses on Schedule D and form 6781. 3)Report the allowable deductions associated with the trading...

I am a male and I know that I both have fear of success and failure. I have self-destructed good opportunities in my life besides trading. I'm about to leave a good job and fly "solo"--trade full-time for myself. There seems to be some hurdles that I can't clear though. I keep on doing the...

I'd like to follow up on this thread. I'm planning to quit my job and trade full-time. The instruments that I trade are all Section 1256 contracts. My trading expenses are relatively low $1500/year for data feeds and about $1000/year for computer hardware. I will not have a part-time...

Why trade stocks? Get yourself a good broker like IB and start trading ES/NQ. You won't get exposed to any MM tricks, order routing BS or any company related surprises. Make sure that you only trade one contract and always obey your stops. Good luck.

You have to go through two main steps. 1)Learn how the markets work and get used to technical analysis. You can read about this in books, Internet etc... This is the easy part. 2) You have to analyze yourself while trading. It's much harder than analyzing the market. You'll discover that...

The main problem might be with getting QQQ executed at the last price you see. I'm not following QQQ anymore but, I used to follow it with the Island order book where it had very good liquidy. Sometimes, the last trade I see on Island was almost $0.10 away from data feed's last trade. Then once...

I agree with this post 100%. The pain and an account value -> $0 will discipline you. The pain and suffering can be somewhat reduced if you can convert your plan to something like computer code.

I basically trade NQ but my style would be applicable to ES by diving the numbers into ~2. I have two modes of trading 1) Intraday "trend following" mode. Usually initial risk=3-4 points, target=9-12 pts. I keep track of volume and breadth and estimate if short or long side is preferred to...

Also, TS is having data problems almost every single day. I'm getting scared to run TS in the mornings because every day is bringing a different problem. For instance, this morning no historical data is coming for @NQ.D. Couple days ago, the feed had a meltdown for almost half an hour. I...

I only daytrade NQ with 2-5 roundturns per day. I'm observing that as I make my trading rules more concrete and not open to any doubts, I have a smoother and consistent P/L curve. My earlier rules had conflicts between each other which used to lead to "I could have..." or "I should have..."...

The above might be the reason for your hesitation. If not, probably you don't have confidence in your analysis/system or you don't trust yourself that you'll follow your rules.