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    Journal Questions

    This always happens to me. I downloaded one of them. Now it's in my computer somewhere. I'm not sure where. It said it was there though.
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    Journal Questions

    breakout, that's what I need. Which one should I download that is easy and simple to post a chart on this site? There are several free choices from webattack.
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    Intraday Price Moving Average Strategies

    I think someone did a long study on the S&P which showed over time all straight crossover systems were net losers. You can try to make them profitable by making everything complicated, or sounds like you have the right idea. Use them with a little common sense and skill. I liked what I...
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    Intraday Price Moving Average Strategies

    right shaq, I blew up a pretty serious account trading a straight by the rules crossover system. (That was when it was $500 a point and you had to wait for someone to pick up the phone.) But when I was looking for a better way to peg support and resistance, I started using ma and just using...
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    Intraday Price Moving Average Strategies

    bone, take a look at this. By the time you get a crossover, it's too late and prices are at bad levels. But if you hang in there tough at a limit at the crossover or better, you can often get filled and still be on the right side of the trade. Of course this methods risk is that you will miss...
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    Intraday Price Moving Average Strategies

    I'm using them today and having a blast. It's amazing how much fun you can have when you only trade one contract. All I was doing was trading a simple 10 over 30 crossover on the 1 min chart. But instead of taking the trade, I would try to enter at a discount. Now all I need is a scarf...
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    Positions size

    But just to get it straight, this started out as just a question about a formula. To cut to the chase, with 25k, you can trade just one and only one ES contract with a 6 point stop. I'm not qualified to give trading advice, but if your method requires more than 6 es points risk, I would...
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    Positions size

    win, You set it up the way you want it. If you want to daytrade, I would use 5 min candles and an ATR of 60. Just guessing that would be about 1.75. Or let's say 2.00. And using 2% risk You now have 25k times 2%=500 divided by $100 = 5 So that would be 5 es contracts. But that...
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    Positions size

    I think you need a better understanding of ATR. Think of ATR as the average size of a candle over a set period of time. Big traders use the average daily range for the last 30 days. Little traders use the average candle size on the 1 min chart over the last 7 minutes. So for a little...
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    Positions size

    you need to define your risk. 2% of 25k would be $500 per trade max loss. And then you need to define the dollar value of the ATR. If you're talking 16 handles that's $800, so no, you couldn't even trade 1 contract. If you are talking 16 ticks, then that's $200, so yes, you could trade 2...
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    Ib ES quotes messed up

    oh that explains it. Ib sends me a message that there is a problem with the diaplyer. It's probably trying to ply too many diapers.
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    Ib ES quotes messed up

    oh man, I wish I was smart, there's gotta be a way to make a killing today
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    Ib ES quotes messed up

    anybody figure out what's going on with es this am? Quotes are very confused. Keep getting 2 point jump. Nice if you could get filled on the right side of one of those bogus quotes. ????
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    OCA orders on IB... please confirm/help

    the, to set up a bracket, select the bracket option when you set up a hot key to buy or sell limit. You will then not need to type in an OCA code, the exit limit and stop will only become working if the entry limit is hit, and then they will be OCA.
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    Fun with Fibbonacci Revisited

    what's it mean when that little blue line goes yellow? Does it always give good buy signals? Or was that just today?
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    A Beginning Or An End?

    hard for me to think that way. It just is what it is. Who can predict the future? All I can do is predict it will keep doing what it has been doing. If it starts going back down it will keep going back down. If it starts going up it will keep going up, and if it keeps chopping it will...
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    tick

    volume on the 1 min ES chart was very unusual today. Not sure I can remember ever seeing it this way. Heavy to normal on any little move up or down, then almost non existant on any sideways move. I define normal tradeable on the 1 min as anything > 1,000 contracts per minute
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    Shorting OiL

    In order to make oil you need fossils, and the only way to make fossils is for things to die. If we go to war with Iraq, and the death toll is high, the price of oil should come down. Unless man learns to live in peace, a fresh supply of fossils for fuel is almost guaranteed.
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    Big Block trading

    Once Howard Hughs sold 780,000 shares of TWA at the market. The story is told because it really didn't shake the market up all that much.
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    a problem about probability

    A guy bets me $1.00 he can toss 4 heads out of 5. I take the bet and win $1.00 He says he wants to try again for $5.00 I take the bet and am now up $6.00 He comes back later and says he has been practicing and he now has his technique perfected. How bout $10? I am now up $16.00...
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