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<i>"It was virtually all 5's and 10's. Late in the day I did several 20 lots. Never had more than 30 on and that was for a nano second."</i> Now then... you know that I know that you know a whole lot better than that when it comes to trading. Needless to say, something other than...

<i>"900 r/t's. Pretty frickin' sick."</i> Pabst... what???

<i>"... but this is a chat forum keep that in mind"</i> OK, let's go with the idea that no one makes money trading, it's a total waste of time, all of us are better off doing something else right now because failure is inevitable. Ya got me... I bit. Now can I ask all of the naysayers a...

<i>"Funny, that seems to have painted you well. Since all you do is generally post based on your own testimony, you can be easily dismissed. You have zero clue how I perform, and I don't trade using divining rods, as you appear to do. Based on your recent posts, it looks like you are entranced...

<i>Only 5% (or whatever) of <b>entreprenuers</b> make money in the long run, the boasting comes from swelled heads who have made a large but lucky short term gain. Eventually these <b>entreprenuers</b> will get humbled by the <b>world</b> and you wont hear from them again. It will never be...

<i>"The general air of someone who is wealthy generally tends to be more secretive, evasive of their dealings or identity. That is one reason they seek asset protection, liability protection, identity protection, etc."</i> Too bad that class doesn't include you. But, if you ever learn the...

<i>"Can't remember a day like this in awhile. This was the relief rally that was somewhat anticipated. Goal for tomorrow is a continuation sucker rally in the morning and then sell it off hard and furious. Media will pumping how a bottom has been hit and smooth sailing ahead, then boom, a...

<i>"Austinp: Sir I'm afraid I don't see the pattern in your first example Is it 15:10 - 15:20? The second example is obvious, but I think traders have been fading the initial direction of a triangle break for a long time now."</i> First chart shows trendline breaks of 5-bar fractal...

<i>"Really big pops... the boxes accelerate this OOPs trade to the max..."</i> Oh yeah, the triangle = wedge breaks in ES have been more trappy than legit. Every day I've seen a couple of perfect wedges break one way and immediately slam the other direction on big volume for distance. This...

Follow-up on the fractal patterns = pivots. If you get in front of these on a trade and the level breaks, good to go. You've got program surges filling your sails.

<i>"It would be interesting to have a new thread trying to discern what the majority of bots are doing at their choatic turning points... A high number of eyes watching and posting might come up with some interesting observations..."</i> I see a lot of program acceleration on breaks of 5-bar...

<i>"Completely agree, austinp." * "Definitely more program trading between 2 - 4 pm these days. Bots are taking over the trading as you get computers buying and selling futures in bunches in seemingly chaotic fashion."</i> Many of us here have seen VIX in the 40s, 60s and higher before...

July 2002 This time it's much tougher to trade, the whipsaws are brutal due to computerization. 2001 ~ 2002 was easier, tapes are more jagged now.

<i>"MONSTER MONSTER MONSTER!!!"</i> It's about time you returned to swing trading, surf. Nailed 'em right between the eyes, down and up this time :D I've been buying and buying and buying ES all afternoon. Got chopped for awhile, was down -8pts in the trough. Finished at +35pts on final...

<i>"I'm not kidding when I say there were 8 or 10 of us that combined for a million bucks today. A day for the record books."</i> Lescor, a sincere & hearty congrats to all of you in that room. Many of us here know what it took/takes to get where you have arrived. * If I can summarize...

<i>"i think i can handle the volatility we saw in november or the first two weeks of 2008, but just not the volatility we saw last week and possible today."</i> Volatility of past few days has been historical variety... off the scale of normal market action. We base our long-term career...

Expect wild swings, gaps and whipsaws to prevail until February at the very least. Today's rate-cut was expected by every veteran trader... how the market will respond is unknown to all, but it will be wild.

FYI to the overnight Globex traders... a conversation topic I've had numerous times today via email: CME only accepts limit orders for trade entry and/or exit native to the exchange. Most brokers allow limit orders to become market orders if hit, but that is usually within cash session...

:cool:

<i>"and will now <b>humbly</b> take my thoughts elsewhere."</i> :eek: :eek: :eek: