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Okay, just took some profit and am leaving my stop at 111 31/32 for the hold.

That being said, my losers are usually done with in a matter of seconds-minutes. Winners are usually a few hours - pit closing. If it has advanced a good deal by the close I have the option of moving the stop up and leaving it overnight.

The market decides how long I hold it for! Basically as long as it keeps making money, I will hold it.

5m for entries

LrH... I be big now.

Wow, just when I thought it was all over... now I'd say there's about a 1% chance of this trade working out.

I will add if so fortunate as to encounter a LrH.

I'm short. Hopefully this won't suck too bad.

Hi Y'all. I'm looking at the daily and 60m charts right now. That wasn't a breakout at all, was it?? Previous high was 112 15/320 on 5 May. I will be looking to get short around YH... 112 1/32 - 4/32, not to exceed 7/32. The market has already retraced from YH enough that I don't have a...

Also it would be nice for AQos to call you all the way to the river, showdown, and lose. Then next time you raise and bet half the pot on the flop, you can fold 'em with nothing.

You gotta bet that flop in NL, period. 1/4 to 1/2 the pot. Not only for this hand, but also to set up future hands. Plus, you have to learn where you stand in the current hand. Since you check the flop and he makes a big bet on the turn, you have no idea if it's a bluff or what. However if...

Thar be the good stuff. An important point he brings up is what is the market breaking out of? Also note he doesn't predict. He adds if it starts to work and gets out if it doesn't.

Especially since profitable traders don't!

(1) You are looking at volume incorrectly. There are always an equal number of bears and bulls as you need someone on both sides of a futures contract for it to exist. Volume is a measure of total activity. (2) It's not the chart setup, it's what you do with it that matters. Plenty of...

Well, when I stopped that short out this morning for +2 ticks I was pretty pissed off. Turned out to be a great stop!! Hopefully at some point I will learn to reverse. Looking back I had an awesome week, even though there were particular trades which freaking infuriated me.

I stopped it at 21.5, a probability stop (too much retrace). In all likelyhood i'm done for the day.

also.. I will be wary of support at 15. Anything big there and I'll get out.

also.. 20/32 is a good number for me tommorow.. if it gets there the prob. of an up day is lower. In that case I might add more aggressively.

Heh. Well, what I was doing worked fine. Worked better after I stopped for the day, but oh well. OK, now we are at the multi-week R zone. Right at the bottom of it actually. I am taking 27/32 as the top and 30/32 as the "game over" point (if it reaches there, prob. of a down day is very...

Wonderful. Let's see if I can continue my hot streak of stopping trades at low/hi ticks. It was a money management stop, not a probability stop, so I don't see anything wrong with the long side yet. But, personally, I am done for the day.