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I've spent all weekend fooling around with the various trailing stop gizmos. So far, this is the only one I got to work. I kind of cringe when someone comes up with something simple and then everyone asks for a special favor which only makes it more complicated. Now, for my special favor. I...

version, Another fruitless morning trying to get traderguard to work with IB demo. It shouldn't be this hard. I don't work for anybody but myself. Don't get me started. I like cheap commissions just like everybody else. I can save on com with IB and get all the headaches, or pay almost twice as...

IB is like eating at a restaurant where the food is absolutely horrible but you keep going back for one more disgusting meal simply because it's cheap.

At any rate, I downloaded the demo and it won't fit on my screen. The right edges of the short side are cut off. Now I'm no salesman, but it seems to me, even if my product didn't work, I would at least be sure the demo worked. Who knows how many potential customers IB has scared off with that...

Lojze you rascal. Is this your program? I can't reply until you fess up about the night charts. Looks pretty nice. The only problem is you need to trade with IB, which could be the weak link in the fence. This program should be offered to all comrads free, so we can use it to take away the...

breakout, You don't place a hard stop to protect against system failure? I do, but sometimes I wonder if it is not costing me more in the long run. I like to use 2 handle stops on es. Sometimes I can see the trade is falling apart but I hang on because the stop which was supposed to be in there...

and they need to come up with a catchy name. a/c/e just doesn't cut it. Now leave out the slash marks and capitalise it, and you have the ACE. (Then all they would need is to invent some kind of exclusive order, like a limit with a stop and a target and call it a flush, and if you wanted to...

cbot screwed up when they pit traded DJ. They exist solely for the benefit of their members. This could have been a fantastic product if they would have touted it as the first totally electronic cbot market. But that would have stepped too heavily on members old fashoined, tired, too late to...

You can get quotes directly from the cbot for only $10/month. Sign up on homepage. but need to call on phone to cancel. Watch them and then ask yourself, "Do I really want risk my hard earned in a market like this?" There's probably some money there for a very crafty trader, but I'm not that...

If you can live without intra day volume x-charts at www.tradesignals.com. For continuous nearby just use es. otherwise esp2.

no rs7, es and nq are uniform, but some use hmuz and some use cipt. es is going for the record for the contract with the most symbols. Some use format symbol month 1 digit year. Some use symbol 2 digit year then month. And some make you put little punctuation marks in there. My charts use one...

breakout, No lie! Yes that helps. After a long drawdown, it's easy to be tempted to take a small profit which is out of line with your normal r to r. But then you start looking down the line the kind of big profits you need to make up for it and the whole thing gets kind of ridiculous. 5 ticks...

First of all, IB doesn't do it like my broker does. I only say this based on an email I got from IB stating that they won't execute after hours stops. My broker does, so there is obviously a difference. As I understand it, globex converts all market and stop orders to limits 4 handles from the...

No doubt about it. Every day has 4 seasons. Somewhere someplace someone has probably done a study showing the probablities of intraday trends based on time of day. 1. Theres the cold winter night, when just a few traders make small bets. 2. Theres the rite of spring at the session open when...

If I think I can get a point, I'll put it on. If I do get a point, it depends on how it got there. If it got there on noise, I take it. If it was contested all the way and each new tick in my favor was firmly establised, I'll ride it. I won't hold overnight unless I can put in a 6 pt stop and...

reply to: 1 point? $50/contract (eg es). How do you manage the small stop without getting bounced out? If it's so easy to get stopped out at a point, how come it's so hard to always make 1 pt profit? I use 2 pt stops and I get stopped out a lot. When I use three point stops, it's about the...

Then again, I guess you could go out on daytrade margin with 25k put on 20 lots with a 1 pt stop. Lord knows I wish I'd done that when the market is trending.

Oh yeah, I forgot, with 2 pt stops you sure do get stopped out a lot!

Me personally, I like to risk 2% of total equity on every trade. No matter what the broker allows, I allow one es for every $5,000. So with $25,000 you can either trade 5 lots with 2 pt stops or 1 lot with a 10 pt stop. Either way it still comes out to 2% of total equity. I've never tested...

The problem with small profits like only 1 pt or less in es is your stops are way out of whack. 2 pt stops and 1 pt profits will come back to haunt you. But still, I will take a small profit if I think that is all I'm going to get, and try try again.