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I would bet on PLUG. A wider range, and a pullback from an MA. ILA is flatlined at the MA, and not worth the risk. Although, neither are anything to get very excited about.

Show us one, presenting a clear picture of risk and reward. SumJurks last post had it right on the money. In order to "potentially" net any premium worth the effort, you must either size up or deal with higher dollar instruments, thereby putting yourself at great risk when the eventual hit...

Fear creates buying opportunites. Don't know whether you would call that less, or more, efficient. If there is any doubt about the "fear factor", backtest buying a small basket of high cap stocks anytime during the past two years that the daily VIX is at a high level above it's EMA. You'll...

Then go for it since you are such an expert. Have just a couple short puts move against you and your 50K account will turn to mush, wrapped up with falling stock that's been put to you. And the underlying does not have to go to zero to put you out of the game. You need to appreciate that...

Wrong on both counts. 1. It isn't great. 2. It isn't simple. Short puts look just wonderful on paper, until the market or the stock falls away from you - which WILL happen - and you need to deal with the consequences of the fact that you are now holding a bunch of shit that just warned...

When the VIX is up, usually better surfing. The amateurs are afraid of the sharks and stay out of the water. Their loss, my gain.

Sorry, I don't have much confidence in pullbacks trading intraday. However, if you want to take a longer term position in ES, a good pullback from a daily EMA is a pretty reliable signal. Backtest and you'll find strong entry points signaled nearly every month over the past few years.

Seriously, I lived in Atlanta at the time, and was just considering trading full time. I stopped by their office to check out what they had going. (Essentially they were scalping stocks for pennies.) The NEXT day Barton went into the office and started shooting. I got the message.

A pullback system is not in fact intended to trade against the longer term trend, but enter in the same direction. The trader is simply entering after the pullback, or when he feels the pullback has ended, or is about to end. So he is typically following the trend, but at a low price level...

Stockerup - you entirely miss the point. Going into Iraq had absolutely NOTHING to do with 9/11, except in George Bush's mind. The UN told him it had nothing to do with 9/11, some of his advisors told him it had nothing to do with 9/11, the French and Germans told him it had nothing to do...

Imagine....the streets of YOUR neighborhood are occupied by a foreign power....the President has been captured and his cabinate killed....a barbed wire and cement fence is being built so that you can't get to work...you have no income or hope for advancement....and you can't go out at night for...

LOL. Very right. He made the entry based purely on gut, with no planned exit. A good lesson for every trader. Know exactly what you are getting into before you get into it, and know precisely where you are going to get out.

CBS was extremely irresponsible in not making this clear, and it is another example of the problems with media ownership by large conglomerates. However....it does not detract from the fact that thank God there are people in government who will provide a voice of the opposition. Congress...

Yes, you will be proven wrong. The invasion of Iraq with go down as the biggest foreign policy fiasco of the first half of this century. Like Vietnam, there is no way out other than defeat, and continued death and destruction, until we leave with our tail between our legs. There is no...

But he is expected to get the job done intelligently, NOT STUPIDLY. The stupidity of going into Iraq with bad intelligence is on a par with the stupidity of going into Vietnam with lies and bad intelligence. The result, unfortunately, will be the same. No way out without a complete loss...

Yep. I sure am glad we went into Iraq to get rid of Saddam, who was such a threat to us. Our standing in the world, and our security, has vastly improved. If you don't believe me, just ask Bush. Or Colin Powell. (Now THERE'S a major disappointment!)

You seem to be an intelligent person, so....ignore 95% of what you hear or read (especially here!), until you prove otherwise to yourself.

This guy is in debt and can scrape together a few hundred dollars, and you advise what? That he considers trading currencies? In all the thousands of posts that I've seen here on ET, this has got to head the list of the most irresponsible, lame-brained and idiotic. God help anyone...

If you are swing trading equities, absolutely, access to news is important. You ignore it at your peril. If your system picks up that a stock is making a significant move, it will often be based on news, and your decision as to whether or not to enter, or what size to put on, can easily be...

Unlike poor NihabaAshi and other intraday traders who burn out sitting in front of a CRT every minute of the day, swing traders don't need no stinkin' vacation. :cool: