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Ok Jimmy. So was the temporary bottom in? Comon Jimmy. Dow's retraced approx 700 points. I posted my opinion and ended up being correct. However up until this point you made me look like a jackass. Very nice.....I now know why people who are great at this game rarely post on this...

Simply for those who have daytraded both the ES mini's and stocks. I'd love to find out which you feel is the easier (or better) of the two. Why i've blown up and why I feel the ES is better for beginners. ( I was profitable on ES). 1. With the ES mini's there's 1 thing to...

ETFC....news comes to surface today. Not a hard trade. FAST.AM dont call me out until you understand how I'm making these trades.

Just get rid of equity options all together. Fuck it. Abuse the system, the game gets halted. Im thankful for anyone writing options in this market, regardless. Just how I feel.

Congrats. Im happy you made money. You made a good trade, however for anyone to say that the market's been oversold and the problems are over and we'll be seeing 52-week highs are more than likely dead wrong. Myself: Long ETFC from friday afternoon, short ARD. Holding ARD, and out ETFC @...

Nah, I meant that as support for the following day. We're going to retrace a lot more over the next few months, but right now the market's still above the pain threshold....therefore any support should be substantial enough to hold the market.

Exactly. In fact, most traders can have these trades handed to them on a silver platter, and still not be able to execute them in a manner that would be profitable. HOWEVER, the next person could be highly profitable. Trading is a 50/50 game where the human makes it a 90(losers)/10...

:) Very nice. Best of luck. How long did it take you to learn this? Curious. What you said is very important in trading equities.

lol you have ZERO clue what is going on.

you are beyond retarded

Bottom could be in....futures up 10 a/h.

CHDX short would have ended up well and INFA just treading water. HAL...im out but still falling. Update. Lost the gains on CHDX. Took the short @ 35, covered 36.5 and now 31.7. Not much I can do. On the other hand, I think the market bottomed out today. Too early to call...

Update: Didn't do anything after the HAL short until this week. Portfolio +8.1% as of the start of this thread. HAL swing +7.5%. Fri overnight - CROX swing -5% Mon overnight - COH swing -3% Tonight overnight SEED +2% Daytrade yesterday +2.1% ~65% profitability (this...

How does this relate to ET members? Just because a few of your moronic friends did poorly and you happened to get lucky doesn't imply anything about ET.

lol I mis-read your post. You hit the nail on the head. I actually agree 100%. sorry.

Yeah, I sell the losers. I said let WINNERS ride. You can't read for shit can you? You take 40% losers (small) and then adjust your winners so that the 60% are held until your sell signal is hit. A discretionary exit will kill an account.

CHDX, INFA setting up for a sell. Stop @ 34. INFA 16.5 short with a 17.2 stop. I might take that one.

lol woah...easy there kiddo. Rough day huh? Dont like being wrong on red days? Now that you mention it, the other half of my problem was being correct about the market troubles? Right? Get real. The difference is that I know I can make it back. Let me clue you in. Mechanical is...

Wrong. You have to let gains ride. There's ways to stay in the trade. There's a timing problem with his trading. It's a simple fix, you must use something MECHANICALLY to overcome this "sit and wait" anxiety.

huh? What are you talking about? When it consolidates? I was SHORT. However, although you were compelety wrong....you were however right on something. This is more of a trending system. Whipsaws it works poorly in.