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when I was holding short in the F.C. period, then the bottom dropped out I was more able to of course clearly see the pattern and was able to cover my short and go long right at the bottom(w/ str. 1046 trendline support), with an expected short and sharp climb to complete w.4 w.5 down I...

Sharing with the crowd. Today was actually not that bad. Flat consolidation with more Flat Consolidation...at least you know where the second half of the move is going when it breaks out. Good for 20pts+ in the Nq e-mini. at anyrate, here is something that I was reading just yestd...

ah... but the Truth is.... there is No spoon. -momo

TM- I can't believe I'm bothering to reply to this thread, still can't believe I made it down to your post. But I sure as hell, am glad I did.. I'll be LMAO for the rest of the day. THat is the funniest thing I've seen in a long time. Thanks for the laughter. Have a great...

Sorry, fellas for the confusion. I trade 5 contracts at a time. aka. On each trade I'm buying or selling 5 at a time. Therefore total pts. for the day was 25.5 * 20 * 5= $2,550 profit before taxes and comms. -momo

Seth- multiple. 5-contracts each trade. see my trade log. *not my acct. when dealing with my own money, most days I couldn't trade my way out of a Mexican Flee mkt. *Note to readers who just got majorly offended, my ethnicity is 50/50. ;-) -momo

E-mini Futures have plenty of opps. on days like today. it was good for 25.5pts today in my account. I would however, differ from the crowds opinion, in that taking time off or thinking that its better to turn your back on the market isn't all that good an idea. I would submit that it...

I concur with the both of you. Spreadem- no offense, but your math is waaaaaaaaaaaaay off for calculating risk of Es as compared to Nq. Bottom line, Nq is lower no matter how you look at it. -momo

>>However, there must also be a definition of "winning". << any trade that covers comms. and provides any profit above that is a winner. >>I assume that with a 6pt stop you're trading trends rather than scalping. < < Actually No, the system is a scalping system and is currently...

main reason: I'm trading a system. secondary reason: Its not mine. rules are rules. However, the system designer has determined that 6pts. is the optimal stop for trading Nq. My own observations further that rule. Of course, one needs to put the stop loss into each individuals...

Maximum Adverse Excursion / Maximum Favorable Excursion in the simpliest of terms, my losers typically go 0 to 1.5 pts. in my favor(MFE), before turning and going against me to ultimately become a loser. conversely, my winners typically go only 1 to 2.5 pts. against me (MAE), before...

abenyukh- start watching the Nq. My stop suggestion would be to consider a 6pt. stop I trade the Nq daily and seldom find myself getting stopped out at that limit. However, when I do get stopped I usually let it go to 6.5, if right at or a trendline of S/R is near. Interesting also...

NQ. compare your positions entries and exits in each with the comparable $ value for each position. Track this for a week, then you'll have no doubts. It becomes painfully apparent @ larger share sizes in the QQQ. The liquidity in the premium significantly outstripes that of the...

Do I make money consistently? or Do I make over 30 pts. consistently? What is consistently? Each Day? You are probably asking the most impossible out the all the above. Which is to say, am I making that much or just about the much every day in the market.... uh, ...... NO. Some days...

Can't place a trade for less than 1 contract. I vary the position size in the Cubes from 1K for "my" typical position to a few hundred shares when trading for others. Other reasons are I can't trade Futures in the same account as my Equities as others can do. So, I work my Equity...

16.50 pts. on Monday the 6th $330 I'll take what the market gives me. Today, 1-8-02 so far up over 10.0 pts. short since 13:51 @ 1048.50 Unfortunately, missed the top since I was typing on this damn board. -momo

Tat- I take equilavent positions in the QQQ when I take a positon in the NQ. Typically, 1,000 shares in the underlying asset, as I take a position first in the Futures. If you are Day trading individual stocks in this market......just keep pulling the trigger on the gun pointed to...

Account: $30k base at all times. 120K intraday buying power. Trades Jan 7th, 2003 PST NQ E-mini 1-contract 8:47 L 1065 8:55 S 1067 +2.0 9:04 L 1073 9:09 S 1078 +5.0 9:15 L 1079 9:18 S 1077.50 -1.5 9:18 S 1077.50 9:33 C 1069 +8.5 9:34 S 1067...

The number 5 showing in the people who actually admit to blowing out their account, is maaaaaaaaaaaybe, close to the number of real traders on this board who actually made 150% or more returns.

View- First things first. If you have any "Confirmation before trade"- box checked on your platform, then uncheck it. Then do some simple math and figure the max contracts you can buy/sell. This will be your amt. of contracts you buy or sell regardless of account status. 1 contract...