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Short @ 1038.25

Thoughts: First hour action all inside yesterday's range. Bounced off yesterday's close. I started getting the little voice yelling buy when I saw the bounce. I was looking for a test of yesterday's low and missed what looks like a pretty good long. Looks pretty bullish so far. I usually...

I'm guessing the market has about 10 pt daily ranges and this is about one day's full range. I wanted to set risk to about 5% of capital so the math (.05*50k = 2,500) (2,500 / 500 = 5 cars)

After reading about everyone raking in the $ yesterday, I thought I'd give trading the Emini ES a shot. I'm up for the year so if I lose it just means I don't have to pay as much in taxes. Not much preparation needed. I look at price and when I feel the market yelling buy I buy. For this...

I have the close at 10:01 as 1051.25 using eSignal. 1050.50 was the low of that minute.

Guess you haven't heard: Past performance does not guarantee future results There's been 20 year periods where the market made no new highs. I wouldn't want to try this approach in light of all the baby boomer retirements coming up. With a negative savings rate and a high liquidation...

Unless you're all on the same level, I don't think it'll work. I tried it with myself and 3 other supposedly successful traders in my basement. After a few days it became clear I was the only successful trader. The others hung around my screens and pumped me for trading ideas. I kicked them out...

Gordon better stop eating plants...they have feelings too. http://www.inq7.net/lif/2003/jun/24/lif_22-1.htm

I use the Maxtor 5000XT with Retrospect Express software. Works great and was cheap at less than $400. I did a backup on one pc, switched it over to a spare and restored everything with no probs. Here's product overview: http://www.referenceguide.com/reviews/maxtor5000.htm Here's where...

Trading by itself is one of the last pure capitalism plays. Put down your money. If you're better than others...you win. If not...you lose. If your ego is bigger than your ability, you'll become one of the losers. I don't apologize for making lots of money from trading. I don't care if others...