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Maybe those that live in glass houses should not be throwing stones...

Well, if Mirus took the other side of my trades for the last 5 days, they would have lost money. As far as I can tell, the futures charts show actual data unlike forex brokers who make up their own data and take the other side of your trades and use spikes that appear on their charts to claim...

Afternoon trades: 1st trade, was able to recognize I was in a bad short trade on CL, and killed it for just 4 tick loss. Did not reverse it, but happy I was able to determine I was in a bad trade rather than just getting stopped out. 2nd trade, went long ES as it looked like it was...

If you want to trade futures like a professional, then deposit some money in a futures brokerage. The advantages are the following: 1) You don't risk your entire portfolio if you don't know how to trade futures correctly. 2) You can use a better default charting package. 3) You get...

As noted on the closed thread, I contributed by pointing out an edge based strategy on the reasons for buying SNT. Since I can't report the results of this trade on that thread, I wanted to post here that SNT has now moved up just today 35% from the price where I noted I was long the stock for...

This was actually a great call, a mark of true genius, you should have had a little more patience. I went long at 84.13, had stop around 84.02, and got out at a profit at 84.23.

I had a good trade on es with patience, then went and did a silly trade on cl where I chased price instead of getting in where I wanted to get in. However, I was able to work myself out of the trade by adding at the price I wanted get in, so today I am glad to be lucky rather than good.

In the LA Times, they quote that the SEC does have the smoking gun, which is e-mail evidence from a Goldman employee. It does not matter if Goldman lost $ 90 million since we know for a fact that they had other bets where they bought insurance and made money. The problem is non-disclosure that...

The problem for Goldman was not suggesting that they may take the opposite position as you. The problem is that they did not disclose that they were going to put together a portfolio of worthless securities designed to implode instead of having an independent person or company putting the...

I think it depends how young and smart you are. If you are both, go to college, get a degree. Then while you are sending resumes out, you could trade part time either prop or futures. The fact that you had prior employment and then went and got a degree is good. There are also what I...

By the way, even if you sleep most of the trading day, a trader should be able to wake up with just 1 to 2 hours to go and make at least $ 100 or you are playing a video game not trading. Also, its only the firm's money if you put down no deposit and they provided training otherwise its your money.

Here's a way for you to reduce your losses even more and increase your profits with no risk .... WAIT FOR IT ...... ..... .............. ...

This is why sometimes cheap options can still save your a$$ if you want to hold for a few days. I bought the SPY put options when ES was at 1202. ES then went to over 1210, and if I had just instead sold ES, I would have been hit with a big loss. Instead Goldman came in to save the day. I...

Really, it was spooky for me today, I felt I could tell the future of the next 10 min.

Not a bad Friday, my put contract made profit right before expiration, and I did 2 out 2 winning long trades in the afternoon even though I woke up late. The last trade was the best, I followed my setup rules perfectly and waited patiently to get filled and then did not move my stops or...

volcano http://news.yahoo.com/s/ap/20100415/ap_on_re_eu/eu_iceland_volcano

I tried a free seminar the Floor Traders Edge. I guess there was sound from traders on the floor, but it sure did not help me trade. I did not feel it was worth paying over $ 100/month for.

I shorted at 1208.50 and covered at 1208.75, trade was taking too long and I felt like I was getting trapped. Still up for day on my short of cl at 86.84 after closing my short at 86.70 at 86.71 which I had similar feeling as es so got out. I feel good today, taking extremely small losses...

Well, we will see if they trapped the bulls on Thurs since we get a couple reports in the morning. Even if good, could get some sell on the news. Market looks a little overbought right here even if it heads higher later, I think we could get a pullback. They need to move it down enough that...

Went short at 1202, got out at a .50 loss before report came out. Saw market going up after report and went long at 1203 and got out at 1204. I have been using flatten in NinjaTrader to get out of orders, I wish it would allow you to use if touched buy or sell. Did not trade CL today and glad...