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    Matcha's Dow E-mini Journal

    I am not sure, ND. All I can say is somebody intercepted me because they wanted to buy stocks badly. :D I should have been more flexible and not fixated on "a" price - seeing that the momentum is turning. (Advice to you too Matcha and PO). One thing is I focus most of my eye-ball...
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    Matcha's Dow E-mini Journal

    I gotta make one more remark on today's move. We knew it was a very bullish day, with TRIN = 0.6 and all. I also noticed that ES had made several attempts to break high (but failed). 2 in the early morning, around 8:00 am and 9:00 am. Then it was stuck in a tight range. After the doldrums...
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    bid/ask question

    This is what I believe: It depends on how the seller sells his shares (which brokerage firm). If his brokerage firm has preferred market makers, his order will be sent to those market makers. If the seller has direct access and uses ECNs... let's say he selects ARCA and you also...
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    The journals of a winner: crgarcia!

    From my experience this kind of cyber tight never get anywhere. Remember the "index_piker" who "challenged" every trader to outperform his indexed portfolio? Fell a quiet death. Remember Asiaprop challenged all day traders to provide proof of profitability to receive a first class ticket...
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    Matcha's Dow E-mini Journal

    Second chart:
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    Matcha's Dow E-mini Journal

    Okay Grasshopper. Don't be discouraged. Let's do a day's end analysis. Time to pull another trick out of Boli's hat. There is something called... gosh it has many names... but I just call it a "2-stage run". It is a bullish/bearish run but will occur in 2 stages. Classical chart...
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    Matcha's Dow E-mini Journal

    That is very true. Anything can happen. Many people back away from chaotic markets. But I love them. I did the best in 2008. I wish for that environment to return. I remember the day in September 2008 that GS has a daily range of $30 (for a $100+ stock).
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    Matcha's Dow E-mini Journal

    But this depends on where you are based. In California, it rarely rains in the summer. Rains are all done in the winter... :)
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    Matcha's Dow E-mini Journal

    Okay... maybe I do my "absent-minded professor" drivels here first. Then I will collect them after a few years into a book. :) Matcha you have the honor...
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    Matcha's Dow E-mini Journal

    Yes I remember that Big Sis. That was the best day in my 2010 performance. I remember taking AAPL long, only to see what happens because it dropped $40 in 5 minutes!!! I bought only 1000 shares. In $201. (Low was $199). Out $205. Only like 30 seconds. This was the quickest $4000 profit I...
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    Matcha's Dow E-mini Journal

    Sun Tzu said: There are five fundamental factors for success in war - weather, terrain, leadership, military doctrine and most importantly - moral influence. 5 fundamental factors. I interpret/translate the 5 factors in trading as these: Weather: The market environment...
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    The Expert thread

    I've gotta ask Baron's take on this thread: http://www.elitetrader.com/vb/showthread.php?s=&threadid=197367&perpage=6&pagenumber=251 It seems that just about half of this OP's posts are something like this: Quote: The Expert 07-20-10 03:49 PM...
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    Matcha's Dow E-mini Journal

    Looks like Big Sis is an expert historian as well... In trading, it's hard to think "who" the "enemy" is. Let's say that it is collectively "the market", or collectively all market participants trading against your move. That's what I found most difficult in applying the principles in The...
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    5 pages of mindless bickering between 2 posters:

    5 pages of mindless bickering between 2 posters: page 14 through page 18 http://www.elitetrader.com/vb/showthread.php?s=&postid=2901896#post2901896
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    Matcha's Dow E-mini Journal

    Sun Tsu said: Avoid the strong. Attack the weak. Don't try to be a hero in the eyes of commoners. Cheer the bullies. Beat up the people on crutches. :p
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    Matcha's Dow E-mini Journal

    Sorry Matcha. Unless you were stopped out... 12 points on Dow... you are scalping. 10 points, 15 points... you are scalping. You trade 1 contract, it's hard to scalp. Remember - eating like a bird, that's scalping. It works as long as you don't have a big loss from a trade due to...
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    Only losers daytrade from their own home?

    Why 1.16825? Is that a fib number?
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    suggestion on new pc

    That was my point exactly. I know some of the box makers probably have their own mobo design. In responding to the OP's post, he short-listed what he was seeking for by : Quote: i mean mobo is: processor is: video card is: End-quote My suggestion was the processor is important...
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    Matcha's Dow E-mini Journal

    You probably need to experiment with different settings to find what suit you. (That's why progressing in trading skills is time-consuming.) The chart that I showed was a LINE BREAK chart (not range bar chart), set for 3 LB and 3 minutes. Start with that. Tune up or down to see how the...
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    Buying a new Trading PC.... this is whats in my shopping cart and cyberpowerpc

    A 650 W power supply over 500 W may or may not be that big a difference, especially if you are running only 1 video card (instead of 3 for example). But if the price difference is not big, you can always use a higher rating power supply. I don't think it's all the big a deal to use SSD or...
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