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Share your results Brutha! :cool: -Fast

My parents and some of my friends have asked me several times to stop trading...guess I'm outta luck on the friends/family support :( -Fast

Right. -Fast

You're right about the initial and maintenance. And on the 2:1 margin question; you do realize the contract is actually worth $50 x 1049 -> $52,450 so the $1425 is already giving you massive leverage; something like 36:1 :cool: -Fast

October 14th (Tuesday) Followed Trading Plan: Total trades: 1 (1 Short) 1 Winner, 0 Losers 1:54 PM - Short 1 YM 9755 2:22 PM - Cover 1 YM 9750 Result: +5 Notes: Entry was definitely late, but I had just gotten home for lunch and couldn't get TWS up fast enough to short at the...

Brokers are people too...they have feelings just like the rest of us. Show the brokers some love :D -Fast

Instead of moving stop to BE, I just bail with the current profit :D Doesn't matter how long it takes either; I will wait it out for 30...sometimes 40 seconds :p -Fast

T-REX....when will you be joining us in the real-time mIRC room? I want to see the LEGEND T-REX in action REAL-TIME :D -Fast

Good trading...you reached your goal of 10 pts and then some :) -Fast

Scalping stocks is definitely not an easy way to make money in the market. There are a few Nasdaq stocks which I think can still be scalped for 25-30 cents profit per trade (semiconductors) and I do know people who scalp these on 3-5K sh lots and make a decent living. But, I think the Futures...

Good luck! -Fast

Thanks Risk Less. -Fast

"But I like to keep the option of holding overnight open, on every trade." Why do you like the option of holding overnight? If you're day-trading; it shouldn't matter. I think that's an edge a day trader has over a swing trader; he can go long and short throughout the day. -Fast

Chris, knowing how hectic your schedule is right now, I totally agree...you need that vacation :) -Fast

While we're at it; anyone have experience with Velocity Futures? -Fast

$600/hr is do-able, but on a 10-lot or at least a 5-lot. -Fast

I'm curious...why? -Fast

Peter, why no short plays? We had some really nice opportunities to the short side today. -Fast

JD, that is sort of how it works. I don't wait for all time frames to line up since I don't plan on holding for more than a few minutes. My entry is on the shorter time frames 1min/100tick chart; and 1 min affects the 3 min. so the 3 min. turns. Now, I will want the 10 min. turning as well, but...

October 13th (Monday) Followed Trading Plan: Total trades: 2 (1 Long, 1 Short) 2 Winners, 0 Losers 9:36 AM - Long 1 NQ 1415.00 9:40 AM - Exit 1 NQ 1416.50 Result: +1.50 Notes: Early exit, but damn the NQ was choppy this morning. Technically, I probably should have moved my stop to...