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Thanks. I understand the dynamics of it better now. Although I have to say that it was my own fault for transmitting a limit when I meant to transmit a stop, and then getting a shitty fill afterhours on NQ. Live and learn.

It varied. ISM -- Several hundred on the ask and several hundred on the bid. When MSFT started to move down, the bid number started dropping. Every time I put 1 contract up for a bid that was a new price, I'd get 10 more put on with mine. As soon as I took it off, the bid would drop. I...

I agree with you. However, nothing is going to change. Do you really think people who are *that* good and pulling in seven figures plus a year are going to filter their speech? Trading is the apex of emotions and discipline. I now understand that emotional control is paramount to all...

I see your point. I hope to see the day when I trade such size that I need to place a limit order several ticks above market.

If you send IB's TWS a BUY limit order for a price well above the current trading price, TWS just seems to treat it as a market order. Since, you are in essence saying, "I will buy it at 1000 or better" when in fact NQ may be trading at 990. So, ok, you get filled immediately at the current...

The other day there was an MSFT spread of 3.60x3.80 for the $55 PUT. I wanted to buy it, but not for $3.80. I put in an order for $3.70, and got instantly filled. The bid never changed. What I'd like to know is -- if nobody was asking $3.70 for it, how did I buy it for $3.70 without...

I think IB's TWS system is really screwed up -- because today the Profit/Loss section was showing that I had a profit of $500 on NQ -- which was NOT the case.

That's what I thought, too. It is a logic error -- in my head! I was given one daytrade back, so I opened up 3 option contracts on MSFT. These were all different prices (2 short and 1 long). I still have 1 daytrade left, because I didn't close any of them. I then noticed that C was...

These were all Jasper related F-ups. Shit happens when you trade!

I need to stop holding my losers so long and start holding my winners longer.

I thought options were FIFO but I'm not so sure anymore. The other day I was trading options on C and saw some weird things happen when I would undercut the bid or ask (suddenly tons of options swarming in on the new bid or ask, and then suddenly dissappearing when I took mine out -- usually...

Wouldn't that be wonderful -- then I wouldn't have had that IB screen flash up on TWS saying that I couldn't exit my MSFT option because it would have been a potential daytrade.

Well then apparently I've picked the wrong life to start living.

MURPHY’S LAWS FOR COMMODITY TRADERS 1. It is morally wrong to allow a sucker to keep his money 2. Everyone has a trading strategy that won’t work 3. For every expert who says prices are going up, there is one who says they are going down 4. If you can drink it, don’t trade it...

Is there a Murphy's Law of Trading anywhere?

You want to know what sucks worse than that? Try this one out ... You put a stop order to get stopped into the market and get a long fill at the high, then you sell it for 3 points less than you bought it and feel angry. Then, you see that ES is falling hard, so you sell it at 882.50, only...

I will help you moderate. In fact, I'm sure if I become a moderator, ET will experience a civil-war.

If there is one thing I have quickly learned by practicing to control my emotions in the market, it is to ignore the stupid comments made by people like you. My natural reaction is to get angry but then I have to stop and tell myself that I can't control stupid people -- I can only ignore...

5k isn't enough. It will buy you learning experiences, but not much more. The SEC will make sure your 5k gets reallocated to others. See, they really are looking after your best interests. Did I say don't listen to anyone? If I didn't, I'll say it again. Some people have great advice...

Don't listen to anyone on here. Clear your mind of all preconceived notions of market movements. Prepare to get punched in the face, grabbed by the balls and thrown around. Learn from your mistakes -- try not to repeat the same stupid thing over and over. Don't open up 3 option positions...