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    One step reversals

    In and, Don't know if you trade large caps. You can do it with futures no problem, so if they don't figure out a way to screw it up, you should be able to do it with ssf.
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    Limit Orders Vs. Market Orders

    I was just thinking about this. Out of the last 100 or so trades I've made, I can only think of 3 that didn't move against me by at least one tick. Granted, those 3 were very good trades which I would have missed, but still, those 3 had to overcome 97 ticks just to cover the added cost of...
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    50/50 ?

    I think I finally understand it. If the market is random, it pays correct odds. If you are looking for an even money bet, you can find one anytime. At 50, win at 60 lose at 40 is 1:1 and that's what it pays minus the vig. At 45, whether you are long from 50 or just thinking about it, it...
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    Closing my IB account

    So, if the system is down, then what is the status of your server held stops?
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    50/50 ?

    Icam, So at 50 with a target of 60 and a loss at 40, you might take that bet. It's 50/50 ten points either way. But now at 48? Only 8 for my loss but 12 for my profit. Would you take that bet at even money? (it started out an even money bet, is it still an even money bet? It is if I remember...
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    The Bollinger Bandit Strikes Again

    Man are you still trading with IB? If so, you have more guts than me. tws keeps freezing up. The charts are invaluable. (which means valuable.) I'm probably not the only one who will be spending a lot of time studying them. Like I said, I spent a lot of time staring at those channels and...
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    How to use Multiple Time Frames to Trade

    You may get many signals in the short time frame and only a few in the longer times. So when both the shorter and longer times are alligned, like when planets moving at different speeds allign, I think it is a more powerful signal. The big question is, do longer time frames affect shorter...
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    The Bollinger Bandit Strikes Again

    That's better, I thought maybe you had given up gambling and were attempting a little investing.
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    The Bollinger Bandit Strikes Again

    Well that'll teach ya. Ever notice how you never learn anything when you make money? I was trading n21 a while back. Got so tired of getting stopped out I started fading at the halfway point between channels. Hit 7 in a row. But that must have been a one day phenomenon. The next day it blew past...
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    The Bollinger Bandit Strikes Again

    No, but I see where the discrepency is. On the short chart, 6 tick stops are more than enough. As a matter of fact, it would be suicide to use anything wider. On the 4 minute charts, there aren't that many good breakouts and 2 pt stops is cutting it very close. Too close IMHO. No wonder...
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    The Bollinger Bandit Strikes Again

    only 2 trades today, both winners, what could be simpler? I have it all on one chart. It is very simple. All known indicators, so I have many unknown friends trading with me. I like those breakouts, but I like them even better when they're confirmed. Switching volume to up and down like you...
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    The Bollinger Bandit Strikes Again

    I'm using the channels just like you taught me. 4 min chart/dmi 13/adx=30/n=30 about 9:03 chicago time 1. prices tag lower band 2. Channel and band are close 3.Bear dmi crossover and fantastic upward slope on ADX 4.Breakout of lower channel 5. I'm too scared so I wait for 20sma to cross...
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    50/50 ?

    Yeah, If that's the order you put on your full load, you will have one hell of an upside down pyramid. And if it comes crashing down on you, you will begin to wonder if the day you were born was such a good day after all. There's two kinds of pyramids. On is where you pile all the unrealized...
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    50/50 ?

    Gordon, I'm beginning to worry about you. First of all, I'm betting that it will go to 60 instead of 40. The 48 is only the price I need to see to be sure I am wrong. You are not seeing what you are looking for because your head aint right. You can stare at charts for the rest of your life...
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    50/50 ?

    oh sub, I just got it. Sorry, I'm kind of slow. Maybe that's why I never made it as an options trader. By the way, if you ever go to the CBOE, check out the fixtures in the executive mens room. It was people like me who made that all possible.
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    50/50 ?

    That's what I tell them when they say my stops are too tight. I say, "Well then why don't you sell when I buy and take your profit when I get stopped out if it is such a sure thing?" otherwise if you're going to reverse, you minds well double up and reverse. No use letting one bad trade get...
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    50/50 ?

    well, If I can find somebody who will give me even odds on an evenly matched game and allow me to lose 25% certain if I want to take the other 75% of my bet off after the first quarter, could I make money then? Cause I'm not gonna wait around for the Numbers Deity to show up and make things...
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    50/50 ?

    Now see here Mr. S., I am not talking about real life. We all know how it's gonna turn out in real life. I am talking about some security other than I trade which is sitiing at 50 and going either stright down to 40 or straight up to 60. Following the path that in real life it takes to get...
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    50/50 ?

    Just one thought on a 50/50 trade. Lets say it's at 50 and there is a 50% chance it will go to 40 and a 50% chance it will go to 60. If you guess long and your wrong, you aint gonna let it go to 40 with you on board. Maybe you will just ride it down to 48. But if you guess right and it goes up...
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    The Bollinger Bandit Strikes Again

    well, first time through, 1. Price tags of bands well within channels are better fades than trends. 2. Breakouts (of the channels) inside of bands are usually duds. 3. Best breakouts occur when channels and bands are close. If anybody else except me is fascinated, take a look and...
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