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I don't trail stops with futures at this point. I have a profit target and a stop loss. For real account made more money on my put trade than in futures. For longer term stock swing trades, I like to scale out and in. For example, news is starting to get negative or no news is being...

Out at profit at $ 2.00. Got out before $ 2.50 since it only took 1 day to get most of profit and don't want to hold if market possibly retraces back up. Only wish I did more contracts, but happy for 1st put trade.

You need insider trading rules to allow the public to invest. Sure some will cheat but less will do so when they see their friends going to jail. If I was working at say Goldman where everyone makes at least $ 700,000 per year and someone wanted inside information, I would tell him to piss...

Bought the Nov09 $ 110 SPY put for $ 1.24. Stop is the premium that I paid. Goal is to sell for $ 2.50 or higher before expiration. Reason for trade, is possible double top and to sell when everyone else is buying, just like I will sometimes buy when everyone is selling. Note: if before...

This is interesting. So do you subscribe to some news feed for the grains, if so, what is it? And do you use this to take or confirm a trade, or do use just TA? I have a special indicator that is supposed to work for the grains and es, but not for cl, so maybe I will take a look at them.

Well. it also depends on your account balance. But if you are just trying to learn trading, and have a small balance, then forex is fine. If you have a large account balance, plan to do this for your living, then I would trade futures or stocks using a prop shop.

Assuming no total meltdown, but inflation increasing, I rather in invest in oil. Oil is finite and is being used up for example as gas to drive cars. Gold for the most part is never destroyed, its converted into jewelery which can be melted back into gold. Dollar can be supported very...

Yes, looks like you are right.

Probably he did nothing wrong assuming he honored his stops and is profitable over the year, there is no way to win 100% of the time. Most people don't post their losses so it may seem like everyone here makes money, its not true. Also, remember, he decided to increase size today and...

I think they want 1100. I will look for a short around there.

I also woke up late after staying up all night, did make a tiny amount of real money. I think I will stop at the pharmacy and see if they have some sleeping pills.

But what if I am already subscribed to some other stuff, what can I turn off in the configuration page?

It would be nice if someone could suggest the best configuration of IB for someone who wants to pay the least fees. For example, lets assume I don't need to trade futures since I have a dedicated futures broker, and that I only want to trade stocks and options. For options, I do want to be...

This is neke's portfolio. He made over $ 500,000 just from trading alone starting with $ 30,000. I am not at this level yet, the best I did was once trade $ 20,000 into $ 200,000.00 before taking money out to buy real estate. Can one make money by investing in an index over time. The...

Many of us have this same issue, we don't want to take a loss, so we remove our stop. What I think you need to do is plan the trade and follow the plan. For example, you want to go in at a certain price, maybe you even want to average in once to get a better price, but then you need to have a...

Although I made real money for day, one mistake was going long without my normal confirmations. This is the hard part or art of trading in that you need to wait for the correct setup and then take that trade quickly on the hard right edge of the monitor. Everything is easy in hindsight, we...

I would just bring it to a local computer store. They will give you some money for it, and then resell it someone else. No wasting your time trying to sell it yourself, and no need to have strange people come to your house. The problem with desktops is that they really are too expensive to...

Sometimes you just got to man up. I ran a business for a couple years before selling it, which means I had to show up on time to open the doors, turn off the alarm, and let in the customers. Worked 6 days per week, no real vacations, kind of sucked. I still did swing trading at night. If...

I would think if you got hired, they will teach you how to trade their strategy. I would ask them these questions since you would need answers from their view point of trading since there are many ways to make and lose money. Also, feel free to ask some of the other traders at your company...

http://stockcharts.com/h-sc/ui?s=SPY We can also consider the 50 moving average as a sort of trend line. As you can see from the chart, the SPY broke below and was not able to close above this line. While, this is bearish, I did take some longs today, and also a short. Technically, I...