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For the past 6 months I have been trading SPY while taking my entry and exit signals from ES. I have used mental stops and it seems that once my stop loss price has been reached, 9 times out of 10 it will bounce between that price and the previous price for at least ten seconds before moving to...

On the Infomercial, I saw a chart and it looked like they generated their red and green signals via moving average crossovers.

The only way to evaluate your psychology during trading is to trade with real money. Paper trading can be useful if done properly, but its use is not to test if you are going to be able to pull the trigger after 8 losses in a row. Or if you are going to be hitting anything that moves in an...

Software: esignal Book: How to pick winning trades of 15% or more EVERY TIME by MR. MARKET Instrument: Stock picks from MR. MARKET

Hello T-REX, How come your buy order was at 102850 when the top of the range is 102975 ? Thanks, fan27

Comparing trading to war implies that I (a trader) am at conflict with the market. My goal is to be at Harmony with the Market. When I wake up in the morning to trade I sure as hell am not looking for a fight.

I was able to access msn and hotmail thru the links on Microsoft's home page. I did a scan and nothing turned up. fan27

Hello T-REX, What "bug" did your computer have. I am currently unable to access www.msn.com and www.hotmail.com. Everything else is working fine. Thanks, fan27

i have been trading for about 2 years but quit my corporate job 5.5 months ago to daytrade fulltime. July and august were my first 2 profitable months ($62 and $25 net respectively trading 100 shrs SPY). I will consider myself profitable once I make enough to pay my modest monthly living...

Hey Lobster, Thanks for the comments. I agree that I am gaining about one ES tick when entering a Trade on SPY and taking my signal off of ES due to the lag. But thats about it. Though a huge buy order could take out several levels on ES, that is not the norm when I am entering trades. I...

Saved 50% of my paycheck for 2.5 years while working in the IT field. I must admit that my mom contributed about 1/3 of my stake. She gets a good cut of the profits (or losses) and can take back her money whenever she wants (its not a loan). Got to love Mom.

Thanks for the responses so far. I think I will start trading 200 shrs next week and hopefully slowly work my way up to 2000 shrs within the next 3-6 months. During that time I also hope to adapt my method to take into account the wider tick in ES so I can trade that instead of SPY. I...

I am trying to determine what I should use for a metric in determining when to increase my share size when trading SPY. I have been daytrading full time since 3/15/2003. Last month was my first profitable month trading 100 shrs of SPY (+$62.00). So far this month I am at about Breakeven...

i bought the book for $6 and found it usefull. I have adapted parts of his method to help me trade SPY. Essentially, it has you buying retracements in a trending market (listed stocks) with the S&P as the trigger.

I think it is important for a newbie that is not yet profitable such as myself to have a girlfriend that receives a steady paycheck.

I am going without health insurance until I become profitable. i am young, healthy, single and don't participate in any dangerous activies (besides trading). Sure, something could happen, but the odds are on my side.

There is NO difference between retracements and pullbacks. At least not how I use the terms.

First week of this month was bad. I have since become much more selective and have almost made back the losses. However, I am only averaging about 1.5 trades per day.

Hello Awash, I use a trend following system (slope of 20 ma indicates trend) to trade SPY and I take my signals from ES. I went Long just as you went short (trade taken on the 5 min chart). If you look at the 1 min chart, there is an inverse head and shoulders pattern in play at that point...

Just bought three books from them. All were 30% off and I received free shipping. How are these guys making money? I guess its all about getting market share.