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    Do you add to losing positions if a new setup occurs?

    There are two methods to deal with this situation as it is eventually bound to happen when doing ADD trading (about 20 to 25 % of the time). First of all you would want to change the spread between ADD price entry levels...if you are ADDing every 1.0 to 1.5 pts against your original trade entry...
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    Do you add to losing positions if a new setup occurs?

    If you have a strong trend day like today you could get killed trying to ADD to SHORT's all day. You should only ADD to a trade against a trend when you have a sequential signal in conjunction with say a trend line break (sequential...like two adjacent divergence signals from a MACD that are...
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    i pulled 37 points out NQ today

    Great performance today!!! I was testing out the TIMES method today on a 3 min chart and did +16.50 pts per contract for 10 ES today. Not all of my trades today were the TIMES method, but I would say about 60% of the trades were...one for +6.25 pts (a SHORT from 1060.50 to 1054.25). Longshot...
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    Job Annoucement Tracker (1K above)

    is the stats for every other company in the U.S. that just hired someone...every large corporation and every little Ma and Pa operation. Also, how many people just started a business during this period? We need all the stats to make a true conclusion in which to trade from. My T&S window has...
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    Besides the fact that capitalism

    Howard Dean's new campaign manager! :eek:
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    Question about starting to trade ES

    Watch the ES for about 60 days...T&S...Price Action...Volume Play...and then see what you think. The ES is a great instrument to trade IMO, and you can trade the ES according to your style preference (scalp, intraday moves, position trades, etc). The NQ might be another option for you or the...
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    what's it worth?

    I was just having some fun with you... IMO systems come and go, but the one thing that always remains the same is the trader you see in the mirror every morning. The market keeps changing and the discretionary trader has the best ability to deal with this constant change IMO. Chris
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    Trouble again: Quote.com

    How does the TS T&S window compare to QCharts? Anyone have any comparison info. Thanks in advance! Chris
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    what's it worth?

    I usually do that many points in the first hour out of the open! :eek:
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    Trouble again: Quote.com

    on a slow day of course...LOL
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    Trouble again: Quote.com

    Sales guy from the Vegas Trade Expo...give him heck all! Chris
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    Trouble again: Quote.com

    We will see what happens though...I am now on version 4.5, but I am sure this does not make any difference at all for server outages. Chris a320...you an Airbus (scarebus) guy...wrench or pilot? I worked them at NWA for 8 years...let me know. :)
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    What are your Trading Breakthroughs?

    During the time period I mentioned before, about 2 1/2 years ago, I removed my P&L window from my continuous view. I have stated this comment before that IMO watching your P&L window during a trade is like having a crack addiction. You should be watching price action and managing your...
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    Trouble again: Quote.com

    And the last time I used Esignal was at the Redwood Trading office in Vegas during the Trade Expo in November (Friday the 21st). I did not care for the T&S window I used in November on the 21st...I will check and see what version of Esignal that Redwood is using. Thanks for all the input...
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    Trouble again: Quote.com

    They told me they had a major network failure...I said so what! Then today they send me the new QCharts version 4.5 download (the one they demo'd in Vegas). If these guys could just get their $hit together and fix their network and server problems they would have TONS of customers! QCharts is...
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    SP 500 bottom in ? Baron , notice

    Just go to the "ET" chatroom all of next week and post all of your trading activities realtime for all to see...so simple. If you conduct Position Trades that carry over until the next week, then just come back on the following Monday and continue your realtime trade postings. This way you can...
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    What are your Trading Breakthroughs?

    I was as scared as Bambi during hunting season, trading 1 lots in the ES. This fear really started to piss me off because I could feel how it was FILTERING my judgement. Every damn little tick against me had me trying to re-evaluate the whole reasoning for my trade entry...this went on for...
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    FastTrader Futures-Trading Journal

    That is my opinion...Oh, and use XTrader! Chris
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    FastTrader Futures-Trading Journal

    When you are out of town...and have a wonderful Holiday Season! Keep up the good work when you come back...try to work on staying in the trades a bit longer...baby steps will do it! Good Fortunes! Chris BTW, I have some info for you that if you follow when you come back should make a...
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    IB logged me out at 13.25pm...Mkt Tanked...

    Over half the traders in my chatroom all dropped off-line then also. I was lucky, all my systems stayed connected...now my QCharts was as good as $hit all day...that is another story. I was in SHORT positions at the time the drop hit, but for some reason I never lost any connections (trade...
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