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Interactive Brokers might be a good choice for you ... you can continue your stock trading, as well as futures, forex, options, etc. Good broker and also a fairly safe place to park your funds.

Mainly backtesting. Stops for different strategies are all over the map in terms of risk/reward, but normally no more than 2x the distance from entry 1 to scale 1, if applicable. I never use time as a stop but do use it to evaluate entries. I mainly trade indices.

:eek: I don't have a position on, but thanks for the warning. We are within a day's range of those fibs, but rising vola would seem to suggest a drop sometime very soon, I agree.

Dow and SPX still have their eyes on that 62 fib ... 11300 and 1230, respectively. They'll probably hit next week, and then what? ... sell in May??

That sucks, and it goes back to the question Schizo posed yesterday ... does it feel worse to miss out or to give back? Either way --- > :mad: :mad:

Guys what the hell?!?!?! I don't remember this many violent moves even back in '08 when the frickin' sky was falling. edit: ok, MAYBE in the fall of '08, but is there really any rhyme or reason to this now?

...which also is the 200ema on the hourly (95.00)

If you don't mind my asking, how long have you been using this risk2+/take 1 method? TIA

Should see 99.75, maybe lower.

94-03 97-05 01-08 06- .... :)

Interesting ... YM spiked down to DB with and bounce off of Friday's low already ... ES not matching.

After 6pt range yesterday, I'd expect 9-11 range today. Whether it'll be all one way or not, hard to say.

Seems like it wants to close on a new high again. 1208.00 ?

Yes ... you mean over the last 3 days. Sure looks like a (possible) H/S to me. What about T-day though?

Yes. Bought some VXX this morning but unfortunately (maybe) unloaded it at 19.56. I can't swing trade for sh**... lol.

Got some MA's that haven't been touched lately ... and VIX oversold. But don't worry, the shuttle will be lifting off again shortly, I'm sure. :cool:

I guess this makes it 9 weeks now, apparently. :cool:

1) Not having a plan (e.g. - to add incrementally and rebalance regularly) 2) Not being truly diversified (stocks and bonds are not the only asset classes) 3) knee-jerk reacting to market gyrations (i.e. .... selling at panic lows, buying bubble tops)

Must've been it, if the timing correlates. ... thanks.

My question too .. happened right at 10:30 Eastern, but no reports due out then that I was aware of.