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Someone once posted on this board that the ES trends about 15% of the time and, while I've never actually studied it to determine my own numbers, I whole heartedly agree. One of the biggest mistakes traders make is looking for a trend. Think about this for a minute.....if you follow a trend...

That's one thing I will say about Global Futures....their customer service is top shelf. You call IB and it's kinda like....HELLOOOO....hellllooo...hellooo

Just running over their site....looks like you can open an account directly with them so you can bypass the middleman but does it save you money? Probably not. You'll probably pay the extra fee but it would go directly to them. If anyone can add info on this I'd appreciate it.

No doubt because you eliminate the middleman but can you trade directly thru RCG? I clear thru RCG so I'd like to know the answer to that question too if anyone knows.

Spectra, what does Infinity charge for platforms if you know? I currently trade thru Global and use the GST platform. It's a deal at $50 per month. Infinity got anything in that area? I don't mind paying more if their platforms have more features that I'd use. Thx!

One way to stop getting false MACD triggers is to stop using indicators. Do indicators really help you? Think about this....the market is falling and puts in a hard bottom, then goes to a lower low on light volume and heads back up. You check out your MACD and, "ah ha, there's a +div." Did...

ROTF! This is funny, esp the CNBC/Cramer part.

Not true. They are being held up by the inflation the Fed has created. Massive amounts of liquidity has been pumped into the market and it's working. The question is....how long will it work for given the severity of the situation? Dunno.

I clear through Rosenthal Collins Group and I'm not getting charged any additional fees. If a firm did that to me I would close my account immediately.

timcar.....for many, many, many years I tried getting hired on with a trading firm, even a prop shop, and I couldn't get a bite. I'm scratching my head over this because I sent resumes' to firms advertising in the local paper, saying you needed to put 5k in yourself, and nothing. I landed 1...

Don't know because I don't trade stocks. I'm strictly futures and run as a CPO. But, it's my understanding that the hedge fund would not pay anything in short term capital gains. Those gains would be put to the shareholders in a form of a K1 and taxed at their odinary rate. I'm not an...

"French fry traffickers " ROTFLMAO Too funny RM!!

I was pretty close to this last bottom but I won't take a trigger this late in the day. Too easy to get smoked if it don't work....

Absolutly agree. When the ES dies down I wander over to the CL market. Never a dull moment over there. That's a tough contract to trade though. Lot's of wip. Totally different behavior than the ES.

You're a sick puppy LOL

I hear ya Div Arb, different strokes for different folks. I just do what works for me and I have a much harder time picking tops than I do bottoms. I can just smell out the fear at bottoms but it's hard to judge the exictement/greed at tops.

Conventional wisdom states something to the effect of, "It's impossible to pick the exact bottoms of the market." While I agree it is difficult, I couldn't disagree more that it's impossible. Still in the last one. That one was a gift.

LOL. Good one Russell. Please PM me with the application :)

Spring Break here so Moms are with the kids at the show. Who'da thunk mom's generated so much volume? Volatility will be back next week but I think this will be a slow summer.....

Exactly right. And if the market is manipulated it just presents opportunity after the manipulation is done. What happens to the market when stops have been run?