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December 3rd (Wednesday) Total trades: 3 (2 Shorts, 1 Long) 2 Winners, 1 Scratch 8:25 AM - Short 2 ES 1069.75 9:02 AM - Cover 2 ES 1069.00 Result: +0.75 8:36 AM - Short 2 ES 1071.00 9:07 AM - Cover 2 ES 1070.00 Result: +1 9:15 AM - Long 2 ES 1068.75 9:15 AM - Exit 2 ES 1068.75...

Because the DAX is worth twice as much. DAX: 3829 x 25 = 95,725 Euros per contract ES: 1066.50 x 50 = $53,325 per contract -Fast

Momentum?

Pure genious! That's a GREAT idea. The trolls may disagree :D -Fast

Thanks BP. I'm don't even know if I should continue this journal. -Fast

traderkay; I seriously don't know how well Awash does or is currently doing, but he is a friend. A few people here make it sound like I'm competing with Awash, when that is certainly not the case. -Fast

You're such a funny guy; an asshole as well, but funny nonetheless. I have traded the DAX and my method works well on the index, but I don't feel like getting up at 2 AM to make a few bucks. -Fast

Quah, I vote "all of the above" :D -Fast

Awash, I'll try to catch you in the room later this evening. -Fast

For me, selling a double-top or buying a double-bottom is pretty "low risk" since my stop can be pretty tight (2-4 Ticks above the high of the double-top or below the double-bottom). -Fast

If you're trading stocks, you can open an account with Ameritrade, FreeTrader, E-Trade or the like without any problems. Otherwise, open it in your parent's name and trade the account. -Fast

Don't lie about your age. What do you plan on trading; stocks or futures? -Fast

It's good to know my millions are safe with IB :cool: -Fast

Sure. Not like I was flaming Awash; I used to post in the same room as him and we are on good terms. Plus, I know he's good. You can't really compare my trading with him since I'm trading only the first 30-60 minutes; whereas he trades full-time. Two totally different situations. -Fast

It doesn't have to do with the cash lost...I could care less about the cash. Trading is like a very competitive game to me; and losing is losing. -Fast

Do you really wanna know how "FPC" is doing? He's been pretty lonely ever since you left L.A, says you don't call anymore either :( And YES...I want you to start this journal! Now, on with the show :D -Fast

In the scenario that your journal actually makes money; be prepared to be flamed to all hell by the truly "Elite" traders :D -Fast

That's what I was thinking but wanted feedback from the ELITE :cool: -Fast

Might as well BUY since the majority of ET'ers are looking to short :D -Fast

Where do you guys see the market headed from mid-December till the end of January? Currently, my 401K is spread among mostly tech stocks and is up over 30% for the year. I'm considering locking in these profits; and switching to something more secure like T-Bills for the next couple of months...