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I was long 1093 and gave myself room to let the trade play out. I got out at 1093.75 for 1st contract and 1094.50 for 2nd contract at profit.

What's funny is I shorted it at 1108.75 and got stopped out at 1110. I had another order to short at 1112, and of course it then falls after hitting 1110.25 which was probably most shorts stop price. So went long around 1106 and ended up positive for the day. I think I need to wait for good...

I was 1st short at 1106.25 when my indicators told me to get out, so was able to get out at break even. The market then went up to 1108.50 and then came back down to around 1106.50. It looked like we did break out of a triangle and came back to kiss it good bye, so went long 1107 and got...

But you must have some idea. For example the last day or so even though you trade without stops, was the amount that you won on a winning trade greater or less than on a losing trade. Also, I assume without using stops or profit targets and getting out based on time, if a major news report...

It is amazing how this happens. In forex I did not have this problem since you had to log into a different account to sim trade, but in futures, its just a drop down menu on the DOM to change between the 2 and everything looks and works the same. So in the past 2 trades I did profitably in...

This is so strange. I managed a local computer shop, and while we use the same parts as Dell for example Quad Core Intel CPU's, every once in awhile, we may get a bad motherboard. We offered a year warranty on our parts. So let's assume a motherboard is defective which happened to us...

I don't remember Afganistan ever attacking Israel. Look, if someone blows up a building in your country, you need to show strength or they will do it again. After we kicked ass in Afganistan and Iraq, how many more buildings were blown up in the United States? Weakness breeds weakness. The...

The funny thing is if you work for a hedge fund, and screw up, you can call you buds at the Nasdaq to bust the trade for you. I am sure if the trade worked out, they would not call.

Had an accident similar in that I bought 500 calls instead of 5. But I closed out 350 to keep the position from causing a major problem. I think once you realize you are in a mistaken trade for example double the number of contracts or buying when you want to sell, the best thing to do is just...

I also after trading real money contracts, do trade in sim, to make sure that I understand what I am doing, and to also test any new ideas. It also takes the stress off. Trading for me with real money causes a certain level of emotion, going back to sim frees my mind to get it thinking again...

For me the edge I use tells me in advance if the es will go up or down with an extremely high probability before it happens. But its no green light / red light. I have multiple signals that I have to analyze correctly in order to be profitable. So the hard part, is understanding the data in a...

Market is so strange. I had a long at 1096.25 during yesterday night, but the market was stuck at 1097 so I got out at 1097. I then see the market then fell to 1092 and now it rallied to 1110.50, as noted I once said I would short at 1110 but I did not have the order in automatically since I...

If the market moves up 50 points, GOOG will move up unless its on a day that they don't report good enough earnings. Your welcome.

Shorted 1097 covered 1095.50 for 1.5, obviously feeling stupid for only taking 1 point on my last short. Short any bounce to make money, this is news related, we should go much lower.

I put a 1 contract limit order in at 1110 no stop or target. If we get a spike up in after hours and I get filled then the market sells off, I may make some money.

Out 1104 for a profit, yea 1 whole point. Since no big sell off, decided to take out 1 point of profit instead of holding overnight. If I got stuck holding, I would have left target alone. My problem today, was I did have a long earlier but did not give it enough room. This time I did give...

Looks like double top. After getting stopped out short, I scalped long for .50 and am now short from 1105. Target is 1102. Its just 1 contract, so stop is wide.

You could be right. I think we will at least get some type of correction on Friday even if market does not sell off the rest of today.

This is the problem of some trading sites like puretick, they risk 35 ticks to make 5 ticks. Also, they average down, so assuming you normally trade 3 contracts, you could be trading 9 contracts on a bad trade. I think they do this to keep a high enough win ratio that if someone signs up for...

BP. why did you short oil with no stops with real money with no stops and no prior success shorting oil with no stops? Are you trading or gambling?