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Go with thinkorswim. These guys are the real deal. I was with scottrade for a while..also a great broker, but somewhat pricey to some peoples opinion at 7.00 per trade. I pay 5.oo at T.O.S. The platform is awesome and comes with all kinds of nice features like built in cnbc feed :)

Also you need to think about how the trend lines that you take your breakout trades will be drawn, and how much of a break is needed to justify a trade, and where will stops be? here is a good example of a breakout failure. http://www.elitetrader.com/vb/attachment.php?s=&postid=1408665...

I used to focus on break outs, and what you need to understand is that its a counter trend method. Your basically betting that the upside or downside momentum has shifted, and your trying to catch a bottom/ top more-or-less. I got faked out on many breakouts. I'd go long on the break, price...

tasr

spy today's tick chart

Hombre here is the spy tick charts I talked about. I think you could find something similar to the es.

TXI

got trades in for this morning--> long wfmi @ 29.89 t1 --> 34 t2 --> 43.05 short txi @ 34.74 t1 ignored t2 26.41

If the dow decides to make a 2nd leg down, then gold will rally higher.

I'll be a legend one day! :cool:

bump

After a few years, you wont have much emotion left in you. You will eventually realize that trading isnt the weekend warrior, millionaire by next friday endeavour like so many do. Not saying thats what you think about trading, but I think it's fair to say that we ALL got into this business with...

I like regn short. lots of resistance here at 24.80. A test of 18 I dont think is unreasonable.

Now that im trading again, looks like I dont need to park my money any more however bond etf's seemed to have done well. ishares bond fund etf (AGG) --> + 8.24% in 2009 iShares S&P/Citigroup International Treasury Bond Fund (IGOV)--> + 22.2% in 09 ishares corp bond fund (LQD) -->...

wow thanks for the heads up. It seems like a legit business if only so many borrowers didnt default. As the economy gets better, it might improve.

After further analysis, yes, a move down is likely. At the same time tho this symmetrical triangle, as it so appears on esignal ( stockscharts.com made it look like a different pattern) is bullish because the trend before it, was up..so we could breakout and continue higher.

thanks. And good job on those calls today. I really like wfmi and will buy some at mkt tomorrow with stop at 24.94. t1 --> 34 t2 --> 37.5 I like LEN, MMR, TK, and NAT too. Hope you post more tomorrow.

nice on the daily for anyone that caught it. Short bias on the weekly tho.

got some at 53.5

Ascending triangle on weekly. Bullish pattern on weekly. http://stockcharts.com/h-sc/ui?s=BKE&p=W&b=5&g=0&id=p48891075823