Search results

My analysis chart:

Matcha: Just want to provide my view on Friday's movement. Near the opening. You said a big "gap" down. You thought it was breaking down further. At 6:40... so you shorted. I think this was a very low-odd play for short. Because: #1) Typically the ES/YM markets do not continue...

Of course you are right dst888. :) I was just ranting. There are many engineers, lawyers, doctors, etc. - past or current - who are successful traders dispite the stereotype. I just felt that sometimes I was too much of an indecisive trader having to satisfy the engineer's inquisitive mind...

I think one can intermix live with SIM tradings (for as long as needed). That's what pilot trainings do. You progress like: Sim, sim, sim, sim, sim, live, sim, sim, sim, sim, sim, live, sim... Sim, sim, sim, live, sim, sim, sim, live, sim, sim, sim, live, sim... sim, sim, live, sim...

Each trading instrument is different. Observations are very important. You need to examine a given instrument over a period of time. e.g. a couple of months. The intraday day movements. You will get a pretty good feel for the wiggle size, or "rip" size. Some call these "noise" in the price...

Engineers don't make good traders. I know. I am one. Or used to be one for 20+ years. Because engineers by training need to know "why? why? why???" before they take action. You need to ditch this part of your training/personality in trading. There is no "why". There doesn't need to...

PO and Matcha: An old American saying: If you can't beat them, then you may as well join them.

My experience has not been a "one thing that changed everything in my trading" on this day mm/dd/yyyy forward. Rather, the journey has been a gradual transformation from one discovery to another discovery. I believe all knowledge is a gradual build-up. New knowledge that is based on old...

City Slickers. http://www.youtube.com/watch?v=2k1uOqRb0HU

Your index finger. :D

You should think that you must have done something really awesome in this life! You treat other people with courtesy and respect. Others, hopefully most, will return in kind. And some may even surprise you. :) And maybe WentFishing will pay your grocery bill. :D

You set up the safety net first before you pick up the quarters. :) e.g. Let's say AAPL looks like it's in range ripping up and down $1.00. It's at the range low. $256.50. You want to long to scalp 20-30 cents. First set an order to short at $256.30 (20 cents below). Then put in...

PO: Trading the opening can be highly profitable but it takes experience and quick reactions to deal with it. I used to trade the opening with an Internet browser and an Ameritrade account. You know... you need to click through 3 pages to place an order (#1 - get to the order page, #2 - fill...

Ha! Nice of you to drop by! I can only imitate a voice by typing! LOL!

If you trade something like the S&P e-mini (ES), definitely. For ES there is no "overnight" or "premarket". The market is always open, for 24x5. You should look at the ES chart 24x5 as one continuous curve to do your analysis. Hmmmm... for YM... doesn't it trade 24x5? I haven't traded...

I do (or should say "used to"). But from my recent experiences, it is only a 50-50 game. When it goes against me, it goes really fast (thin volume) and hard. A couple weeks ago I have decided not to pursue it. I don't like the odds. But I do watch pre-market activities intensely. They...

Oh. Thank you PO. Do I trade in tight range? Well... "Sweetie" ;)... trading is the only source of my income. I need to trade in all environments. :D But trading the opening and the chaotic markets are my favorites.

Borrowing ~~~'s voice: "Oh, sweetie..." This early morning was not good to hope for a big bull move. Take a look at the market (ES/YM) for the past 3 sessions. Remember that we had a big sell off on Tuesday. This early morning's move only pushed prices right up to the "Supply Zones". (3...

Question: How do you plan to drive the future 8 monitors? 4 x PCIe display cards, dual monitor each? or 2 x PCIe display cards, quad monitor each? When I shopped for a new PC about 6 months ago, one thing I found is that many of the new "generic" PCs (the one that you can find...

What is the purpose of providing these attachment image files? 1. They are very old - 6 months old on this last one. 2. That they did not have any forecast. Only scribbles. You want other people to take you seriously, start with not wasting other people's time. Starting a new...