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Im glad im not the only one who found that challenge a little strange.

Its impossible to overcome 2 to 1 odds over the long run and I will happily take the other side of your strategy any time.

Are you trying to say you have a winning strategy for cash3? Starting at a disadvantage is putting it mildly. It blows my mind that so many people are willing to go against 2 to 1 odds.

Sorry for the confusion. I keep forgetting that ET is on Pacific time.:( Edit: This problem caused me to look at the options and reset my time zone, duh. Only took me a few years.

But price was nowhere near 1177.25 when you posted the trade. It did hit ll77.25 arouind 11:10 but then fell back to 1174.25 for a three point pullback vs. your 1 .75 target. When exactly did you enter?

Was this a buy stop trade?

Swing trading requires a bit of capital which I doubt the young man has at this stage of the game. What I wonder at is the way this firm does business. Dont they have any successful traders whom you can watch? How can they make you a team leader when your not even profitable yet? Maybe you need...

One of the things about trading that is different from a lot of other undertakings is that the losses feel a lot worse than the wins feel good. So even if you win more than half the time the emotional toll to the negative side is much greater. Most people cannot handle it. It takes a lot of...

Perhaps you arb guys can answer something for me. It would seem to me that there would be a lot of arbing going on with the dow because there are only 30 components yet the low volume in YM seems to contradict this, unless there are a lot of trades taking place off the screen somewhere. Any...

Yeah. I didnt think that out. It would start tws but wouldnt be able to fill in the blanks. I use macro express which does a good job. p.s. If you use ensign or another package that will auto login to tws then the scheduler would work by simply starting the package.

If you have XP cant you just use task scheduler?

Yep. He was just a country boy who got bamboozled by them city slickers. Damn shame.

Its called delegation of duties. Pretty common in the corporate world.:) We had a recent example who built a huge fortune and didnt know anything about accounting.

You might want to check out the Dons openings threads. Something you might be able to incorporate into your trading.

Do you guys do any opening plays similiar to what the Bright crowd does?

Thanks. That was one of them. What about the other one. What was your reason for exiting at 1204.50? That was only a .75 pullback from the low. How did you know that was the bottom? You can get your exact time off your account. Fraction of a minute can make a lot of difference.

I apologize. I didnt see the other post. Would you mind giving your entries and exits.

Thanks but we trade different time frames. This "trendless" day has produced four trades for me, 1 loser, 2 winners and the fourth is still working in my favor so while your sitting on your butt waiting for perfection I am putting money in the bank.:)

The problem is he did not say "if it fails to breach I will go short at......." I would post a few real time if he would but its not something I normally do. I have been in chat rooms and posted real time but it does affect your judgement a bit when you have an audience.

Yeah. Theres been a few others, Marketsurfer comes to mind:) I have no problem with somebody not making live calls UNLESS he/she is trying to prove something like a system. It has to work in real time with real trades or it aint real.