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It's easier said than done. Even in slow markets, it's not always predictable when it will stay nice and keep in the range of 1 to 2 ticks. Plus, if you seriously trade 1 to 2 ticks, your probability of wins will be high but your losses will be much higher. If you keep your stop loss to 1 to...

2cents, i think you want a very communistic (if that's a word) ET. Let ET continue to be a democratic board where anyone from anywhere can register and post. That's why there are moderators just to keep things in check if it goes to far. If it was tied down in the first place, we wouldn't have...

You know what's sad? I totally agree with the OP but like someone said, Elite trader is full of IB cultists. Someone complains about IB then everyone jumps them. IB is the untouchable around here. Bright Trading gets the exact opposite treatment on Elite trader. LOL. Quite honestly, I like...

It's easier to scalp when the market is very direction and volatile. Wait til it slows down again and volatility goes down. If you continue to make 2 trades a minute, you'll have a harder time making money.

so the moral of the story is hold on to what you've got for the longest time until things turn around? well, im sure these companies you're holding might not go out of business but would holing for 2 years to make 10% and feel vindicated worth it? you could have easily traded your way out...

At what price would oil be before you say it's too much and it's taking too long? I mean, if you hold for years, I'm sure you'll be in the money eventually.

Ameritrade? he owns a private investment bank - he's got traders working the desks for him :D alright, nuff of this. I dont want to kick a man when he's down :)

you shouldn't have any problem at all accessing their web interface using your axim. yeah, i forgot about my axim but i have tried it and it does work perfectly with Pocket PCs. Obviously no streaming quotes on a handheld.

IB has a web interface which is pretty nice. You don't need java but I think you'll need IE.. although, I think it also works with firefox now. I've also tried it with my Blackberry and Treo 650... works good. Obvsiously, the mobile version has less features than the web interface.

Now Stocktrad3r disappears again until the next reversal.

Not so flat now is it? :p Stktrdr, or stocktrad3r will change his alias once again until the next short-lived rebound

I got hosed by the euro this morning. Was long at (future prices) 1.2797, it dropped to 1.2780 so i reversed position and went short. Sure enough, it went against me. Ugh.... im tired and I hate this pair. I'm out of it now, back to my good ol' Yen for now.

Battipaglia? holy moly, I'm glad my last name was that or I would have been scarred all my life from kids poking fun at me.

i suggest trading the futures market instead. perhaps 1 contract of NQ.

holy crap, that guy is quite proud about the fact he's dating some girl that still goes to Sunday school! :confused: OI VEI!

And if they never found a cure? should we count the number human embryos that will be destroyed and kill the same number of liberals? If we find hidden Nuclear weapons in Iraq, should we ship all liberals to a nuclear detonation site and detonate the weapons along with them? Exactly.

I love you Elliot Wave cultists! :p

Running out of steam? The way I see it, it just started gathering steam again after that huge drop to 550-ish

1.25 to 1.20? Hm... I don't think so. The rates will be paused soon since Bernanke will be pressured into doing so. While that's waiting to happen and ECB is in the cusp of raising rates, I see this going to 1.30 very very soon. Yen will race towards 110 once again.

hey downriver, how long do you usually hold on to your positions? Why do you think that Euro is going to decline against the dollar? I'm just curious since I'm playing this opposite side here but using futures. Went long on approx spot price of 1.2825 Won't look to hold if it can't breach...