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[13:00] (brandon) 13:00:51 EMINI DAY TRADE UPDATE: NQ stops above 1151 [13:00] (brandon) 13:00:23 EMINI DAY TRADE UPDATE: NQ at the 1 minute 200ma. Look to take off 1/2 of current positions. Looking for 1140 on the rest. Trading 1148. Brandon

[12:54] (brandon) 12:54:13 EMINI DAY TRADE UPDATE: NQ traders look to take partial profits. Trading 1150.5 [12:54] (brandon) 12:54:41 EMINI DAY TRADE UPDATE: Bring stops on the balance to the breakeven area. Will look for a move down to 1140/45 on the rest

[12:45] (brandon) 12:45:13 STOCK SCALP TRADE UPDATE: SINA stops out heree. trading 12.40

[12:43] (brandon) 12:43:12 EMINI DAY TRADE: SHORT SETUP NQ under 1152. Stops above 1155. This will be it for today. So far im shooting 90% for the day..so these two (The short and SINA) will probably be what brings me back to reality, LOL. Brandon

[12:22] (brandon) 12:22:06 STOCK SCALP TRADE: BUY SETUP SINA above 12.52

Closed AMR for a 1 cent gain. BIIIG MONEY! HAHA. Today should be pretty choppy though and it wasnt working out..so better safe then sorry I think. Might take off and try to go fishing or something. I forgot to mention in the wrap up AKAM, had that from 2.93 to 3.28...guess I didnt want to seem...

A few people are always complaining that "You only post your winners.", so Im going to start this thread to post a few real time things every day as well as a wrap up of what Ive done during the day. I average 6 to 8 trades a day in the room, I will try to get about that many a week on here...

Great stuff Deron. Hope everything is going well for you. Say hello to Kate. Brandon

Oldtrader, I'm glad to see your a bit more active back here. I read all of your posts and generally think they are very good. Probably my favorite poster. Brandon

We have been getting a great responce from EliteTraders and I wanted to thank all of you who have been signing up for memberships and free trials. Recently the market has been pretty co operative and profits are definatly flowing. To check us out free for one week go to...

[18:46] <brandon> 50 winners for lets say 10 units = 500 units [18:47] <brandon> 50 losers for 5 units losses = 250 [18:47] <brandon> net profit 250 units [18:47] <brandon> now [18:47] <brandon> let's change it a little [18:47] <brandon> and your setup is 60% reliable [18:47] <brandon> 60...

[18:24] <brandon> Risk management is a critical part of your plan. [18:24] <brandon> How will you handle a drawdown [18:24] <brandon> How will you decide when its time to take time off. [18:24] <brandon> Taking time off is not being defeated. [18:24] <brandon> its living to fight another day...

In addition to trade alerts and explanations of those trades, every other Wednesday we hold a class after hours. Any number of topics are covered. I think that one of the most important aspects of trading is to have a plan, here is a log from a Wed. class on setting up a business plan...

The stock market (in the short run) absolutly does not respond to economic data and the like at all. The fact that everything has been shit and we are still going up is in and of itself a strong signal. Brandon

http://www.originalturtles.org/ Fyi. Brandon

It depends on how recently you had the trial. I think we allow retrailing every 6 or 9 months. You can write to support though and ask for another one. Brandon

We had some problems with the Dell Server we are on earlier today so I know that a number of people could not get free trials. The site is up and working now, so if you would like to get the trial you can at...

[13:24] (trikieone) brandon does it ever get to a point where it basses to long [13:26] (brandon) thats a good question trikienone [13:26] brandon and it does get to that point eventually [13:27] brandon think of a base like a ledge on a cliff [13:27] brandon or a porch you put off your...

Here is a log taken from the chatroom as I gave the educational commentary about the DCTM trade (chart in prior post). [13:20] <brandon> ok this is the alert in DCTM [13:21] <brandon> as you are looking at stocks [13:21] <brandon> you want to be specific in your hunt [13:21] <brandon> too...

Here is an example of an actual alert given to traders in our room just a few minutes ago. Profits where taken at 20.24 and 20.40. Brandon