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madf, that's the idea...programming languages have to be complex so we can get the salaries we do :D -Fast

Have some prescription strength antacids ready :D -Fast

Chris, you already know this, but I'd like to say it again, I really appreciate your help. TMTrader, thanks for the encouragement. You know exactly where my problem is (exits). I will aim to improve my exits this week. Mr Subliminal, I actually went through your entire journal last night...

Gann, it's a coincidence. Hope you sleep well tonight. Btw, I think we should have a Chitown get together before the weather turns to sh!t. -Fast

prophet, in that case, I'll come clean. Your first reply sounded like you were trying to make it sound more difficult than it really is. My reply was sarcastic, but all in good fun. I wasn't expecting anyone to take it seriously. Btw, I'm not a systems trader, but am a software developer so I...

I agree; and my journal shows this in practice. I think booking profits is good, but at the same time; early exits can also limit your acct growth. I always exit early and I think it's simply because I love to book profits. I just wanna hear the cash register ring over and over; all day long...

I'm sorry you missed the sarcasm in my post; or am I missing it in yours :D -Fast

prophet, you make it sound more difficult than it really is :D I take the C code, compile it into Binary; then wrap the binary into objects which are then called from another C++ library linked into yet another Java wrapper class needed to put everything together; and this entire wrapper...

Why would anyone want to replace a one-time cost (trading station) with a recurring cost (Floorpass commiss.)? -Fast

If you have a mechanical system, you can use eSignal and program it into an EFS so you get a Buy/Sell signal in real-time. -Fast

I'd say my strategy is pretty simple, but executing it perfectly without hesitation or emotions takes a lot of discipline. You can look at my journal for info on that (link in sig). So, now, I'm not looking around for a "strategy" or some magic indicator. I'm just working on myself; on the...

This sounds like the exact opposite of what I do. That's why I'd like Grob to clarify a bit. -Fast

Grob, I'm still wondering whether we're talking about the same thing. You say you try to join the minority, so if Bid size is 1000 and Ask size is 300; would you short since the minority is selling and the majority is buying or willing to buy? -Fast

nononsense, I'm not a professional analyst, nor have I spent much time reading too much into market theories, so this is from simply watching the market and trading it. At first glance, it probably doesn't sound right. I mean, if the Bid Size is at 1000+ while the Ask is at 300; why would...

Grob, when you get a chance, check out my reply on Page 12. -Fast

Grob, here's how I trade everyday. If I see the size on best Bid at 1000+ contracts and the size at best Ask at 400 conracts, I will short. This is what I've been doing ever since I started trading the e-minis, but my entries are based on charts; not just watching the size on each side...

Grob, I'm following your concept of watching which side is being "eaten" faster. I do something similar when entering. I use charts to determine the trend, but then at point of entry, I will fine-tune the entry a bit by watching which side is being "eaten" quicker. -FastTrader Edit: Even...

October 10th (Friday) Followed Trading Plan: Total trades: 1 (0 Longs, 1 Short) 1 Winner, 0 Losers 9:32 AM - Short 1 ES 1038.00 9:33 AM - Cover 1 ES 1037.50 Result: +0.50 Overall: ES: +0.50 NQ: 0.00 I was showing a friend how I trade the ES/NQ this morning, and didn't want...

Peter, I chart the TRIN using eSignal. I'm sure any charting platform can chart the TRIN for you. I can't really answer your second question since I only traded the semi-conductor sector; and only a few key stocks within that sector. On one hand, one would think the weaker stock in the...

Peter, I used to do something similar when I was trading the semi-conductor stocks on Nasdaq. Do you trade a particular sector or just any high-volume Naz stocks? It's easier if you have these divided into sectors because then you can quickly identify the strong and weak sectors. Then, you...