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Cash - that actually does say something about you. When I was a broker and saw money transfer generations, 95% of the time the younger generation would blow thru it in no time. I think it had to do with the fact that they did not actually earn it, so it was a like 'free' money. You obviously...

cash - do NOT touch this money. I have read your posts over the months and in my opinion, you are not prepared for this type of money. As others have suggested, talk with the broker and money manager. Perhaps you can talk about a more aggressive strategy on a portion of the money. You are...

Figured since there were Small Business Owners here - either trading or otherwise - I would ask what magazines, newsletters, etc you like to learn about different things. I don't want to narrow the recommendations, but just looking for suggestions on things to read to stay current. For...

This goes hand-in-hand with the 'ES Too Efficient' thread and I got some slack for saying that the other indexes look 'cleaner'. My argument is that there is such a thing as too little volume AND too much volume. There is obviously a lot of volume on the ES. Back to the question at hand, I...

Isn't EVERY indicator lagging by the time you get it? :confused:

:confused:

Well, let's see... IB charges $4.80 round trip PA starts at $4.75 round trip That would tell me that not only are PA's commissions competitive, they BEAT IB. Not to mention that if you simply take the time to chat with the guys at PA, odds are you will pay less than the $4.75 stated...

as mjh said, an OCO will remedy this issue with no problem.

Wow, you guys are serious. I thought that was a joke.. http://www.bullseyetraders.com/aboutUs.html

Rich - interesting, simple strategy. You could easily sell this out there to the general public! lol. Thanks for sharing. I don't trade stocks, but this is one method that could provide a possibility there.

WOW, FOUR WHOLE MONTHS! That's amazing. And you aren't a millionaire yet. Geez, this is crazy. Trading is supposed to be like taking candy from a baby. This is where that stupid stat of most traders fail comes from. You get morons that think if they haven't doubled their account in 2-3...

Trading is not for everyone, just like all other businesses in life. The OP found out trading is not for him and is pissed now that he was a failure, so he looks to bring others with him. Misery loves company...

Vol - I apologize as these answers are buried in this thread somewhere, but can I ask for explanation of the T day theory and the rule of 10? You don't need to retype it, a link to a page in this thread will be great! Thanks!

Being in the market all the time is an interesting way of trading. I've never found anything that would work for me, so stops are necessary. It looks by some of the posts that I am a scalper though! Time for some new business cards... Professional Futures Scalper, Provider of Very Brief...

Cash - that is a slippery slope my friend in my opinion. Trading without a hard stop is asking for a swift kick in the butt real quick. And trading w/o hard stops in futures could be account suicide since 1 bad trade can wipe you out.

Streamline - excellent points. It can be argued that there is such a thing that there could be 'too much' liquidity as well as 'too little' even if one is counterintuitive.

Rough - I see your point, but here is how it works for me - I do not have large stops by any means. I have found that in order to keep my stops where I prefer them, my profit target(s) must be reasonable and likely to be taken out before any type of retracement that could lead to my stop being...

B1S2 - I enjoy reading your posts and have lurked on this thread for a bit. I agree with your statement here - it really depends on what type of timeframe you are looking at. I personally trade intraday only and look at minute charts, which are obviously much different than a weekly or monthly...

I don't really consider myself a scalper, but in talking with people and explaining what I do, some refer to me as a scalper. I didn't think that I was and I realize that this is subjective; but, what do you consider to be scalping in futures? For me, scalping is taking 1-3 ticks and then...

This is exactly why I take most, if not all, of my contracts out at a specified profit target and then look for a possible re-entry. You are not going to catch the big wave all the time, but psychologically for me, it's much easier to take a trade and exit and then look for a re-entry later.