Search results

This is what makes it more exciting. My trading does not solely focus on support and resistance as I use candlestick quite a bit. http://stockcharts.com/h-sc/ui?c=spy,uu[h,a]daclyiay[db][pb50!b200][vc60][iub14!lh14,3] I look at the psychology of the market and what it's telling me is that...

I got two accounts, I daytrade and one account for swing trades. I rarely use my swing trading account - only when I see a very convincing setup for a trade like today. Been trading NatGas and the Forex futures lately, I've stayed away from the equities this week. I'm not utterly convinced...

I think there's a good chance of testing 1288 but I won't be in front of my computer the next few days so I gotta put my trades in today :) Also, 1301 stop is not a hard stop -- more of a psychological stop depending on how the market ebbs and flow.

my ES chart says down. Shorting 6 contracts at 1284, with stop set at 1301.

and those shorts will be rewarded by end of August I think. I'm personally off the equities and trading nat gas and bonds but I certainly think it wouldn't be a bad idea to start shorting the ES and YM at these levels. My indicators are showing a topping formation and price exhaustion.

hey truth, please continue to post your progress. I'm really glad you're recovering this quick and learning your lessons.

yup, i saw russell up 6 points i think on 800 contracts.

looks like market is being pumped up on a monday morning to start things off.

thanks for the link! I'm watching it right now.

where do you think the electricity that runs the cars come from?

Between Drawdown and ES, they probably make 75% of new posts on ET.

thorn I gotta say, you piss a lot of people off but your calls are quite accurate (at least the ones I've read). We'll see how the market does next week.

yeah, and the fact that there has been "spectacular" earnings from AAPL, MOT and GOOG and share buyback from MSFT didn't even budge the market upwards.

guys, shorting a stock and long a stock is technically almost the same. As a stock approaches zero, it's impact on your capital gets smaller, hence you can keep shorting more until it reaches zero. with long, when it keeps going up, you can't keep adding to your position without spending any...

of course, everyone who loses money are in for the long term.

spike, you need a better job and one that trusts people.

hey kowboy, look at a tool I use called Zeroline trader. They're made for scalping. Automatic setting of targets and stops when an entry has been made and you could easily create buttons for: 1) Buy ask 2) Sell bid 3) Buy market 4) Sell market 5) Cancel 6) Reverse 7) Close etc...

+/- 50 :p

I would highly recommend a laser mouse or at least an optical one. My preference is wireless over wired just because my desk is a mess and this is the least I can do to clean things up. I personally use a Microsoft wireless mouse but I just make sure that I don't run out of power. Happened to...

if you don't put up your own money, what's the intraday max buying power they give you? $1M? $500k? Also, what's the max loss before the system locks you out?