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red, No, my brokers account was accurate all the time. That's where I should have checked. But I was just going by what j trader said. The order was executed but not reported by j trader. They didn't try to stick me with anything. The guy at the trading desk who closed me out saw it was a...

largets loss per trade 1 tick max profit 1.75 pts lessons learned 1. This notion that scalping is a frantic pace is nonsense. I can't remember when I have had such a relaxing and enjoyable day trading. 2.Indicators are worthless, by the time they change it's too late. 3.Never fade...

Well my trend indicators aren't working worth a darn, but my chop indicaor is at 100%. (I just listen to how many people are tired of seeing a small profit disappear and they are going to quit trying to hit home runs and just take some sure small profits.....Let's see, after the trend comes...

I wonder what would happen if you hit that "join both" button on J trader with 25 lots right now? Probably the little fill alarm would sound like a beatnik beating his bongo drums.

What about holidays? Remember there are no holidays on globex. Sure, it's not that liquid, but you make it up on the spread. Like right now both the bid and the ask are 908.50.

with 25 contracts 5 days a week 52 weeks a year, it's $83,200. If you want me to work out any more complex formulas for you, just let me know. I'm pretty good with a calculator.

well far be it from me to say what's possible and what's not, but generally speaking, 80% hit rate is considered unsustainable. Try it with 50% hit rate and 1 to 1 win loss ratio, and then you will see where you need to go from there. You can either try to improve hit ratio or try to...

I'm a doctor not a math professor. It's like if your brain stays the same size but your head keeps getting smaller, pretty soon there won't be any room in your head left for anything but your brain.

Oh for crying out loud, I should have thought of this right off the bat. The reason it is hard to scalp es at $5 rt is simply the rt is fixed. one handle rt is 10% of profit. 2 handles rt is 5%, the more handles the smaller the cut. and like I said, at one tick, IB is darn near a 50/50...

runningbear, MY POINT EXACTLY! Then why in the first breath (the second being where you say you will never...) do you then suggest cutting the first unit short? Why I ask you is that a good idea for a third of your trade but a bad idea for the other? Because I can tell you, if I thought...

whamo, this is one thing I never understood. And my scepticism I think is supported by system testers. This whole scaling in and peeling off is nothing more than a pshycho bandaid to help traders feel better about risk. I mean think about it. Is taking a target profit ever a good idea? Is it...

If you have an account at IB, then you will probably do anything to save a buck. Check out www.sierracharts.com. They have very beautiful charts, which is good, but you have to use IB's feed, which is bad, but if you use IB's feed, they are only 6 bucks a month, which is good. The charts only...

Puffy, The problem wasn't with the broker, the problem was with J trader. That's one reason I quit using it. But it's no worse than tws.

I know ther's a spell checker, but everytime I enter scalpal, it tries to change it to scalp. Then it says,"see also, bleed, hemmorage, micro sugery and other bad ideas."

I can't be operating and dictionarying at the same time. (I'm gonna quit trading after I get these student loans paid, man medical school is expensive! But I figure if I can scalp for about 6 to 12 points a day (as soon as I build up to $3500 I'll be able to trade 2 es contracts) I should have...

777, It's no big deal. There is no mysterious advantage. It's just a slightly different order screen. There is a feature called DOME (depth of market execution.. or that's close) set up just like level 2. It is a ladder format with the bids climbing up the left side then the market and...

First day of month: 8:30 enter, 8:31 exit with one point profit. Well, there's my quota for the day. This trading isn't such a bad job after all. 2nd day of month: 14:23, If I can just get 3 more winning trades off before the close I will still be on track for a 20 pt month.

hardcash, I trade the whole day and believe me, you aren't missing much.

oh sure, if you have patients, no problem. If the scalp doesn't work out, you just get up from the computer, go into the operating room and say "Nurse! scalpal. " "Yes Doctor, don't worry, you'll get your trading capital back just as soon as we get paid for ripping out these organs."

dang savage, you aint shy about giving a loss room to prove itself are you? A 70% hit rate would do wonders for my outlook on life. anyway, nice work if you can get it (and I can't get cause I tried.)