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I think the examples mentioned so far are pretty exaggerated. I'm talking about a small 10 pt range on YM. Stop-losses would still be used. And an additional contract (notice, it says contract and not contracts) would only be added in the scenario when the charts are still in your favor. Most...

candletrader, can you provide some further details on why this would be a bad practice? If selling at 9094 was a good idea according to your analysis, then selling another at 9100 should be OK too, right? -FastTrader

I'm currently playing around with the mini-dow, and I'd like to know whether it makes sense to add a contract to a losing position to bring your avg cost down. Reason is, it takes a lot of skill to be 100% correct on your entry and a lot of times a position will go slightly against you before it...

How much are you risking per trade? Post some details on how you trade the trend, e.g. what time period/tick-charts do you follow, profit targets, risks. -FastTrader

In this particular instance, I was running AutoTrader in Simulation mode, so the position was opened and closed from within AT -FastTrader

Btw, another bug I found today was the Profit is being calculated properly. It was showing -$45,xxx as profit even tho I exited a profitable trade. So, there is some bug there. -FastTrader

Thanks! Will try this today. I'll also email you some suggestions/requests for a future release. -FastTrader

From this, it sounds like you're trading based on your guage for strength, and then using market reversal times to enter positions. Do you use traditional technical analysis or candlestick charts to base your buy/sell decision, or is your trading totally based off the above-mentioned analysis...

I think Risk Management is more important. The only filter I use for trading stocks is volume. As long as it trades over 1 MM shares a day, I will trade it. I could care less what stock it is, as long as it meets the volume requirement. I also like to trade stocks over $20, since they tend...

It'd be great if you could include the time for the trades as well. That way I can check out the chart for the mentioned stocks.

Post a few of your real trades from today or yesterday. That'll give a good idea on what you're doing wrong. -FastTrader

Frank, What stocks would you rate as "easy to trade" or "better trending"? Thanks, -FastTrader

Yes, I would choose someone who can moderate and also provide some insights into the psychology of trading. This will be a plus! -FastTrader :cool:

Stop visit porn sites while you're trading, LOL j/k :D -FastTrader :p

I'm still accepting offers. This is a once in a lifetime opportunity. Post your offer now before it's too late (and I end up throwing it away :D) -FastTrader

The $2 Dow died a while back. Now, there's only one mini-dow, the YM which is a $5 multiplier. -FastTrader

You have two options: 1. Open an acct. with a different brokerage (FreeTrade allows under-18) 2. Open the acct. with IB under your parent's name. Good luck, -FastTrader

Baron, I could probably help out if needed. I visit ET more than enough times during the day :) PM me if you're interested. -FastTrader

ISM news came out pretty good...then why is the mkt heading lower? -FastTrader

Good thing I slept in today :D -FastTrader