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    The End Of An Era!

    Brother TM...that's so awesome! I have to settle with the 01' Vette and the Acura for daily driving :( -FastTrader
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    monitors

    Michael, That's a pretty good deal. Btw, your link was not working. Here's a working link: Samsung 191T for $611.00 -FastTrader
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    What does IB stand for?

    It's Broken LOL...all in good fun guys. I personally have no issues with IB :D -FastTrader
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    Getting around PDT rules

    Your position size would be too small on each trade to actually profit from this. How about you just trade Futures? -FastTrader
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    Adding contracts to a small losing position

    On the YM, about 20 pts. More contracts shouldn't be added just because it's a losing position. 1 Contract would only be added if all the reasons that got you in the trade were still valid and present. Thanks for your thoughts. I will stick to a single position size on my real trades while...
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    Adding contracts to a small losing position

    LOL :D
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    Adding contracts to a small losing position

    Keep in mind, the initial stop has not changed. The 10 pt stop-loss is still in place. So, when you're down 8 pts, you put on 1 more contract. Your total risk increases by 2 pts, but if it continues in your direction, your reward goes up by much more. -FastTrader
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    Adding contracts to a small losing position

    That makes sense. Thanks. -FastTrader
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    Adding contracts to a small losing position

    Well, I tried this on the simulator today trading the ES, and ended up with a nice profit. Although, I was holding 5 contracts of ES. Realistically, I would only hold 2-3. Other than that, all the stops/targets were maintained using AutoTrader. I can post the trades here if someone would like to...
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    looking for discount broker

    From what I've read, FFastTrade is supposed to be quick. So far, I haven't had any issues with IB, which may be because I don't trade full-time. -FastTrader
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    monitors

    I have the triple. Looks way better. And why not? I'm sure money can be spent on more wasteful things. This triple stand actually looks very cool. -FastTrader :D
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    Adding contracts to a small losing position

    No offense taken :) But, I hardly get "nervous" on a single contract since with the use of stops, my risk is very limited. I already know and accept the risk when I take on a trade. At times, I put in a stop order, and an order to close my position at my target exit, and walk away from the...
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    Adding contracts to a small losing position

    Because I'm not a Market Wizard and can't nail the entry on the dot. 9094 was "good", so if the overall trend hasn't changed, then 9100 should be better. -FastTrader
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    Adding contracts to a small losing position

    This is all assuming the sell signals are still present. -FastTrader
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    Adding contracts to a small losing position

    I typically use a 8-10 pt stop-loss on YM. In this case, I would stick with the 10 pt stop loss based on the earlier position, so I would be out of both contracts at the 9104 level. Profit target would be in the 9075 area. -FastTrader
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    monitors

    The Dual-monitor DeskStand is only $265
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    Trading psychology: a humoristic approach

    :D -FastTrader
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    Adding contracts to a small losing position

    Thanks. -FastTrader
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    Adding contracts to a small losing position

    I guess a few people see my point. I would only add to a position which I believe was a "good" position to begin with, and still meets my entry criteria. For example, if I was short at 9094, I would only add another contract at 9100 if the 9100 entry still meets my entry criteria, i.e. the...
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    This Friday In NYC

    It'd be cool if the Chitown folks took inspiration from you guys and setup a meet as well :cool:
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