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Actually I've posted several here in the past. They must not have impressed you. But I haven't made a post of a trade here recently. My preference is swing trading, although I day trade most days as well. Generally I am willing to keep a trade overnight if I think it closed OK, and nothing...

I going to take the position home with me. In practice, I cancel my stop so that it is not affected in light overnight volume. Since the journal prefers a stop, I'm going to move it down to 1275.75...15 handles from my entry. I'll re-evaluate in the AM. OldTrader

I'm moving my stop up to 1284.75 for now. OldTrader

OK, I'll bite. Long at 1290.75. Stop at 1280.75. OldTrader

Are you short? If so, where's your stop? OldTrader

So far so good. But as long as they're up here, you'd think they go ahead and run the stops above yesterdays high. OldTrader

What P&L is incorrect? Are you talking about the P&L on the main TWS screen? Or are you talking about the P&L on the Account Page section of TWS? I have removed the former from my screen, so I can't comment on that. But the latter (the P&L in the account page) seems to be accurate. I'm...

I think we should see if we can persuade O'Bama to meet with the Russians and work it all out. :) OldTrader

I happened to look today, and noticed they were using $2250 per contract margin intraday on the ES. Don't know if this is the first day, or if it happened before. OldTrader

Of course I see it. I said it was "one of several possiblities". Are you able to read? Sheesh. OldTrader

He took one of several possibilities. He could have waited for 1299 for a short. Or he could have gone long at 1289 per your yesterday statements. Just so that you know, I'm not against a discretionary type of trade. I'm a discretionary trader myself. I just would like to know what...

I think you make this stuff up as you go along. Again, you refuse to state whatever "rule" it is that you're using. We're waiting. Let me give you an example. You gave a 1294 as a reaction low from yesterday. I gather that would have put you long at 1284. Did you get long there? We...

The number 10 is not discretionary. What is discretionary is where you add or subtract the number 10 from. It's clear that what you think the "rule" is, and what jagmot thinks it is, are two different things. If it's truly a "rule", then you should be able to set forth exactly how...

I think that's the point. This so-called "rule" is not really a rule. It's a discretionary determination of a buy or sell point, 10 points from some other discretionary point. Some of them work out, some don't. It works best in hindsight. OldTrader

Could you explain why you're using a "reaction high of 1297"? What I see on the chart is a move up to 1299.00 around 2:30PM EST. I see one 5 minute bar that moves from 1295.50 to 1297.25 around 3PM EST. Is that the "reaction high" you refer to? If so, that is a very small reaction. Why...

I've been able to get on with a BlackBerry 8830 via Verizon. Also been kicked off a few times. I assumed that was because I didn't move fast enough. LOL. I wouldn't use this for anything but an emergency. OldTrader

I saw your mention yesterday of 1270. Very nice call. OldTrader

I watch it every day for the NYSE. Got it on one of my monitors right now. Build 885.2 OldTrader

It's illegal to co-mingle client funds with broker "working funds". Whoever you heard that from is a complete idiot. In the case of IB, your funds in the Universal account are insured by SIPC. http://individuals.interactivebrokers.com/en/accounts/accountProtection.php?ib_entity=llc

This is a paragraph that should be required reading in my opinion. I too am very conservative when it comes to margining futures positions. There was a time when I had it all in there, back when I was considerably younger. And while I didn't lose it all, I took some very large hits at times...