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August: +$460 What I didn't do on my summer vacation: Trade :p

Oracle, good luck in selling your business! Every time I've traded ES live (which is very few times), I've cut my profit short by micromanaging (or as my good friend would say, "micromangling") the trade. I've been spending an hour or two each day working on this in my demo account and...

Hermit, I believe that as a registered member of ET, you had to agree to ET's "Terms of Use". I see you didn't read the fine print which clearly states: "Pulling Bob's leg gives Bob the right (but not the obligation) to smash leg-puller's face into pavement." Thanks, Win, for the update...

In reference to this SCS trade: It opened a few pennies above 7.50, but failed to break out. Do you have an order in place pre-open or do you wait a specific amount of time before entering? Pristine, for example, recommends avoiding the first 5 minutes before putting on the trade.

And...the shit...acts as fertilizer...to nourish the green shoots of our recovering economy...which inspires a bull market...in which trading rules are no longer necessary because no matter where you buy in it just goes up and up and up! I'm starting to get this! Thanks guys!

Long Neke - 1000 contracts :D :D :D

These are two things I've found the most difficult to overcome and also very costly: changing the plan because of thinking about a trade after it's on, and chasing the trade that I was ready to put on but hesitated, thereby missing the entry price that made the trade a good one in the first...

I only subscribed to this journal recently, so I haven't read through much of it, but at no point have I heard Surf say, "Would you guys help me out here? I'm thinking of shorting YM @ NNNN and I'm wondering if it's a good idea?" If you learn something from a public trading journal, then it's...

Investors trading 3 stocks that may be doomed Aug 27, 5:12 PM (ET) By DANIEL WAGNER WASHINGTON (AP) - Investors are still trading common shares of Fannie Mae, Freddie Mac and American International Group Inc. by the billions, even though analysts say their prices are almost certain to...

Hermit, no short AIG. Loooooooonnnnnnggggg AIG. Ride is wild, but the seatbelts on the long train are more reliable these days :D :D :D

Since I have a very strong psychological block against buying into a trend on pullbacks to the trend line/moving average, I decided to SIM trade AIG early today "with trend" (the term "trend" being a bit of an understatement in this case). Let me say that although it was only a SIM trade, it...

Under normal circumstances I'd say that AIG's "fair price" is whatever the buyers are willing to pay. In this case though I believe all the shorts who are buying shares to cover do not think the price is "fair" at all. :eek:

Since I have a mental block against buying dips on stocks that are growing to the sky, I opened my sim trading account and bought AIG dips. This was a SIM account and it was still the scariest thing I ever did, the way that thing was moving, I could hardly keep the price in view, and buying a...

I posted in another thread, AIG had a 20:1 reverse split a while back, so any time a breakout occurs there are very limited shares available for buying and short covering and the demand drives the price crazy. Think about it, if you're long AIG are you going sell it? Heck, no it keeps going...

David, they had a 20:1 reverse split a while back, so any time a breakout occurs there are very limited shares available for buying and short covering and the demand drives the price crazy. Think about it, if you're long AIG are you going sell it? Heck, no it keeps going up after every...

ES bid and ask are 12.50 apart per car. If I trade 1000 shares of a stock that's about the same as the tightest spread you can get (.01 cent). What I found from my sim and paper trading experience with ES is that I get very strong entry prices when I anticipate the price at which I want enter...

Stocks, ES, no matter, my max loss per trade is the same, my strategies are the same. What was working before worked until it didn't. I had a very high comfort level with my strategy at the time and so I had no hesitation putting on the trades. But that style of trading made me overly...

I find ES leaves chart footprints exactly like any stock does. I believe I read it well. The trades I didn't take today were all fine and went in my favor, and the opening trade I did take was against my better judgment. I have a live witness who heard me say "I don't think I'm gonna trade...

- $95 My plan was not to trade until the consumer sentiment number was released. But a fellow trader promised to make me take my signals and so I took the ES opening short trigger @ 1027.00 despite stating that ES would stay in a range until the number were released and this short signal was...

Amen!