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corn future i trade electronically VERY tradeable just make sure you know when news releases are scheduled

natural gas scares the crap out of me so, the answer is "no". mark bolling, i aint! crude? fine corn? love it Index futures? count me in natgas? nope

here's a hint, d00d ignore RSI overbought really means nothing the market can stay "overbought" for indeterminate periods of time, so how is it useful?

i don't care if the DOM was 20 levels deep (i trade cbot so i see 10) there is a lot of fakery and gaming in the dom. a lot of hidden depth etc. simply put, the utility for most people is not there. cause the dom doesn't show real buyer and seller interest, only what people put up as...

i disagree. when it comes to investing, i always look at what buffet is doing, for example.

your logic and math is flawed you assume a gaussian distribution the market is not random. it is controlled by aggregate traders' action. and prices are not evenly distributed across a "normal curve" if you are going to trade, it pays to understand the math and probabilities behind...

no as a trader (vs. investor. i do both) the KEY to profit is NOT patience. it is managing risk. lets say you went long VERT in 2000. how long are you gonna be "patient" for manage your risk set your stop upon entry

again, the issue is not "making a point" the issue is making a point with HOW MUCH risk, etc. here's a system to make a point go long at 9:44 am sell at +1 set a 50 pt ES stop :) obviously, this "system" will make 1 pt on most days but it has WAY too much risk to the...

fwiw, i use market profile (in re: dalton) it's a useful model as are conventional charts. anybody looking to it as some sort of grail - will be dissapointed

everybody wants to make a living doing it. few are willing to do what it takes reminds me of ronnie coleman's saying about bodybuilding... "everybody wants to be a bodybuilder, but they don't want to lift the big weights"

why is it sad?

yes. the market can remain irrational longer than a trader with an opinion can remain solvent buy panic, when it happens, and sell euphoria but stop trying to pick tops

no, i wouldn't be surprised whatever it does if you want to be a successful trader, a big part is to stop having an OPINION and trade the price action the dow is merely the aggregate result of all the people trading and investing in the dow stocks, and the dow futures. it can do...

yes, i make a living doing it mostly YM, but a little corn and oil as well i don't use any indicators. i might use a 20 ema as a frame of reference, but no lagging indicators , no MA crosses, etc. that's what retail traders use (generally speaking. ) retail traders lose money

i gotta agree with beebers. the thing about a cynic knowing the price of everything, and the value of nothing applies here. puretick supplies free videos, they PAY to advertise here, and they provide a trial (for $10 for pete's sake) for anybody to test it out. but according to some of...

imo and ime there are few more profitable consistent plays than fading gaps in the dow. if you have a tight ruleset and take your stops, and are patient with your targets

what is your basis for the claim that most traders don't use stops for gap plays? you reference carter. both carter and senters have specific stop setups for their gap plays. as do i. i don't (personally) know ANY traders who don't set stops with a gap play (they are my most...

for all these idjits who claim that a "reverse risk/reward ratio" is bad.. please study some math, game theory, probability, etc. *if* (and that's a BIG if) a trade is 90% winning trade, then a 4:1 "risk/reward" (that is really not a proper use of that term, but lets not devolve into...

despite what the op says... there is PLENTY of demand for mentors. i've had no problem whatsoever finding clients. i trade index futures. estimates are that about 90% of traders lose money trading them. that means (necessarily - since futures are zero sum), that 10% of traders MAKE the...

yes, there is. for explanation to the previous poster, a "momo player" is one who follows the recent price action/momentum. if price is going up, it will continue to go up, so you follow the momentum absolutely a profitable method if done intelligently. my point is that it is NOT the...