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Agree with that comparative of the e-minis. :)

Well $5000 dollars is a very very modest sum. As you say, you need "to jump in". It shouldn't take you too many trades and hopefully no time at all to jack away your little heap of money. Your planning should include working out the bar you intend to go to for a relief drink after its all...

You are going to be looking in vain for an intraday black swan. Without checking and aside from pre-market gaps, so far as I am aware from my records there have only been, in the last 3 years, a couple or so days when the market (Dow) moved well over 200 points. On 17 March 2003 the market...

Hell, there is no harm in positive books on using your own innate resources. I have read some of them in the past and it can help clear the fog if things have started f**king you up. Truth is most people have to be told or have to read something positive to try to get themselves going. That...

Perhaps night driving is an appropriate metaphor. It appears so many prefer to trade in the dark, observing only what they can imperfectly see, rather than let in the full sunlight of the day. :)

"It is better to be feared than loved, if you cannot be both." Niccolo Machiavelli, 'The Prince' :)

Alpha_monkey, I work the the Dow currently (YM). The US index futures I regard as 'King'. You are casting your net wide; if I my say so, contextual information beyond the index being considered, while interesting, will not assist the focus needed to master a particular market with an accurate...

Where its at? The money is in the gyrations. Index futures. Day trading. I currently work the Dow (YM). :)

"One is afraid to get in and misses good quality trades only to lose when he decides to enter the market......" If so he doesn't know horsesh*t about the market and should stay out (nil loss) and do his study first. "The other trader is afraid to get out of trades.. ..Consequently, gives...

Alpha_monkey, without attempting a lengthy answer, a few of your suggested modifications are correct. However, the more filters you introduce, the more they simultaneously help and hinder the making of a better model. You have to know how you are going to read the greater or increased details...

Well, this show trial is under way. The charges against Lay and Skilling are technical. Any Chairman or CEO talks in favor of his Company. So what has the prosecution got? All they've got as witnesses are the poor dumb bastards who're trying desperately to put blame on Lay and Skilling...

You can choose success or failure. Failure is not as it seems to so many; they don't call it that. They have well rehearsed explanations for their station in life amongst the comfort and support of so many others who similarly regard setback and lack of progress as familiar scenery. The...

Agree. :)

Use Ensign software. Just choose the volume you want for each bar. :)

As you say yourself, you "use candles when the lights go out." Do you use anything else to stick up your arsehole? :)

Amusing. Answer: range and volume bar charts. However I don't use charts to trade as I operate with a detailed predictive trading model (not chart based). I do have a live chart as a visual just to watch price (YM) clean and clear of any indicators. I also still run, from my earlier...

The 'reverse' is generic for all the actions and habits that need to be reversed or corrected .. I leave you to tell your losing trader friends. :)

Yeah, fair enough on all that. You can summarize it, though. Its simple. The need to lose. Its what most independent traders are fulfilling. You can imagine that if most traders ('wannabes' and 'has beens' which make up this board) end up with a net loss, they need only have done the...

Well, hell, what a gripping yarn by Bill Bonner - as a fancy story I liked every bit of it. But heres my question for dear old Bill: hey extra smart f**k, what was your alternative 18 years ago and whats your alternative right NOW. Then get a majority of Amercans to vote for it. :cool:

Correct. :)