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<i>"Exactly. Trading this way lets me be in the market and do my day job, too, without worrying about every twitch the market makes. There may be greater potential with NQ vs. ES and some others -- I will look into it. I latched onto ES vs. Ym, because the value of the contracts is close for one...

OP is on the right track for spreading, but wrong symbols. ES and YM are too closely correlated. Instead work on spreading the ER and ES paired. They are only semi-correlated... move together when entire market is trading up or down, but diverge when sector rotation or Dow - NDX bifurcate...

<i>"There are plenty of people on ET who make money every day, and I am sure some will post shortly."</i> There are? I guess we should define "every day". Periodic stretches of profitable sessions are strung together by many, but EVERYONE with no exceptions likewise string together losing...

<i>"trendlines do not work lol"</i> Uh oh... I didn't know that. Can I still keep the money anyways?

<i>"technical analysis is a poor man's excuse for an "edge" lol"</i> self-descriptive new handle of yours

On the ES dome right now we see size roughly 200+ to 600+ contracts at a strike. If someone wants to sell 499 at 1373.00 and market is fluttering there, trying to cheap out the last tick may cost them huge $$ on a missed entry or exit. Open interest on the ES is not unlimited as some people...

<i>"it clearly shows this happening from time to time."</i> liquidity. ES is not endless size on the bid/ask, as the dome shows right now

large blocks print outside the spread because they cannot fill at the spread big players want in... or especially out and need to give up a tick (or two) for that to happen

<i>"I usually hold a trade 1 - 5 days. When I happen to be near my computer during the day and see a potential for 15 - 20 pts I'll scalp."</i> 1-5 days in the eminis right now is quite an entertaining ride. 1 to 5 hours is adventurous enough, both ways.

<i>"... and I think the deer hunting example was getting to (it was too long for my short attention span to read the whole thing)"</i> Intraday trading takes a whole lot more time, focus and rapt attention than reading two paragraphs in here. I hope you are a swing trader on daily / weekly...

<i>"Trendlines do NOT work..How YOU trade them is entirely different.."</i> Every year, countless aspiring deer hunters each purchase a new gun. They have the desk clerk at that store where purchased "bore sight" the mounted gun scopes, making them accurate enough for the final zero-in...

<i>"Conclusion: Trendline = bullshit"</i> If and when you figure out why these trendlines were pure gold this afternoon, you'll change your opinion 180 degrees.

Intraday traders usually have some wide (often wild) swings to work with this afternoon. The violent knee-jerks right after news release usually smooth out by 3pm est. From 3pm into the closing bell, there should be excellent trading conditions for intraday workers. Not always true... some...

<i>"Turnover, in this example, means guys retiring a series of user names when their credibility is shot and/or they make a bad prediction, etc. Turnover also implies there are alot of now defunct user names. After all, of the entire number of users registered over the past 8-9 years, a very...

<i>"Frankly at this point I am glad I am not competing in this market. In my opinion unless a retail trader is buying debt as a long term investment, they are going to be cannon fodder."</i> Steve, I agree with you 100% as per the traders who use volume and/or depth of market studies for...

<i>"Im anxious to hear how everybody is getting along with the 5 deep orderbooks now? I trade eurex which is 10 deep so im just wondering if many people are finding it hard to trade a 5 deep book. "</i> Means nothing to me... depth of market and/or volume in ES, ZB, any symbol is irrelevant...

<i>"Suri Duddela's site is pretty good,along with his book. Good intraday/dailypatterns."</i> Yes, excellent compilation work for traders new to price pattern measurements. I own it, and consider it to be one of the better how-to books ever written for new traders to learn from. Bulkowski...

1-2-3 patterns of price. Everything needed to know about future market direction is built upon that. Took me several years and 1,000s of manhours studying charts to unlock the secrets there. For all those here who direct newbies to read a couple of books, study charts and figure it out for...

<i>"I would have to disagree with that. Back in Feb. & March of 2007 when trading the ER, (volume has increase since then) I would get fills on 10-20-30 lots on the ER and not partial fills. Now granted I have not trader the ER since then, and have notice that since its volatility had...

ER is generally easier to trade than ES, all things equal. ER tends to make lower lows = higher highs and doesn't pull back as deeply when moving. These days the ES spikes higher highs - lower lows, drops -5pts bounces +6pts and drops -10pts straight from there. ER has much less program...