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    Short poll on money management & losses.

    <i>"I probably have an 90% success ratio of winning trades trying to be a perfectionist, but don't make much $ and am looking at what more successful traders do."</i> Successful traders get real good at taking small losses with indifference. That clears the way to capture large wins relative...
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    Woodies CCI

    <i>"If your trading system rules are not defined enough to be automated....put on your trading helmet, it is going to be a tough long trade day."</i> False. Many successful short-term traders use a discretionary approach. Automated trading has equal if not greater mental = emotional...
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    Trader P/L 2007

    <i>"$0 commissions?! Who's your broker? :-)</i> $4+ until I decide to lease membership at CME. If I were a frenetic scalper, it'd probably make a difference :>P
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    American looking to move to remote Canadian wilderness

    <i>"I lived in Yellowknife, NWT for 8 years and I currently live in Saskatchewan, so I'm the guy to talk to about living in remote areas of Canada! Going from NYC to a squatter's cabin in the arctic wilderness would be sure death for you. Unless you previously spent time doing arctic...
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    Trader P/L 2007

    First day of trading an advanced approach with ES. Been having our way with ER, little money machine but limited in max size. Helps to have had a wide-ranging, side-swinging type of day. Volatility is back, sure makes our job of wresting profits from the tape much easier. Long 1494 = trailed...
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    Honestly, Can You Be Successful Without a HUGE Account?

    <i>"When I create a track record that proves to myself that I can be a consistent winner, I will load the boat. My account is small--5K, and that does change the R:R considerably..."</i> No, that's not correct. The same approach that takes your account from small to larger does not change...
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    Current NinjaTrader6 Customers....Q for You?

    I use zenfire = ninja thru Mirus, excellent platform and bridge. I've never had platform outage issues yet, can't say the same for TradeStation charts running alongside. TS tends to lock or freeze during high volume surges, no issues with ZF. There are threads here which complain about same...
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    Crash Alert!! 10/16/07

    <i>"I shorted 5,000 x 14k Oct YM mini call options for this Friday. Risk free $$$." "Thanks for the heads up, I will buy 20k x 1500 ES put options expiring Friday today. It's great to know they're giving away risk free $$$ in the markets!" "The bulls are going to get their balls ripped off...
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    How Not to Blow Up Daytrading Index Futures

    <i>"Why do you need ma's to define trend? It either is making lower lows and lower highs or higher highs and higher lows or it isn't. No MA's necessary."</i> On any intraday chart, what did the ES do today between 11:30am and 1:30pm EST? Higher lows, higher highs and potential...
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    Does this sound right or a scam?

    <i>"they arent black box traders but isnt that what they are trying to sell?"</i> Any 100% automated system offered to the public is destined to fail. That is an absolute rule, no exceptions. Whenever you hear - read about a fully automated approach where everyone gets the exact-same...
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    The stock_trad3r 2007-2008 market recession

    Pabst, you are speaking way over some heads here. Try this: buy, Buy, BUY!!! That's the universal language understood. Your stuff about how world financials really work are trifling to the big picture. Just go long and sit on it for 100 years... bear markets are a thing of the past. They...
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    What just happened to futures?

    <i>"maybe it's not a full bull"</i> Of course it is. Subprime is contained. There is nil inflation. Big banks are gathering together to join hands and create a superfund that helps out the have-nots... you know, the ones who actually thought they could create their own derivatives and get...
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    What just happened to futures?

    What effect does BAC have over this full-bull market?
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    ES Journal Archive (2006 - 2008)

    <i>"#2....when i traded prop in `99 for a firm here in northern NJ, i was fortunate enough to be situated at the top desk & across from me was the best trader in the pack,also named steve. along with equities ,he would trade diamonds & Spy`s in sick size....as i mentioned the 10/100 rule to...
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    Questions arise about Goldman's blowout quarter

    <i>"I will short 10,000 GS at the opening. Could well be the next Enron. This POS will go below 150 within a week."</i> I will buy 10,000 shares of GS and every other bank involved in the "big bailout" plan. Obviously there is nothing hidden off their balance sheets... they are all just...
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    Woodies CCI

    <i>"LOL, you tested very discretional system mechanically?"</i> The real question is, what professional daytrader would even consider using a rank amateur tool like "freecharts" in the first place?
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    Averaging Down the real Holy Grail

    <i>"He's laid out the basics of his proprietary strategy - something very few people do. You should be thanking him instead of insulting and obnoxiously asking for more details..."</i> The basics of his proprietary strategy laid out? They are? In here? Please forgive my obvious ignorance...
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    Averaging Down the real Holy Grail

    <i>"Weak trading - I do not know."</i> You forgot the rest of the story. MBA is up 100% because of insane volatility, and then he quit while ahead before losing it all. Did you read that part of his message? Did you read where he said he quit that tactic forever before his 2007 annual gains...
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    Averaging Down the real Holy Grail

    <i>It irks me that some traders here can be so dense. Tell me, what happens when I buy three support levels and dump them all at new highs or some major resistance point.</i> We know what happens then. Now tell us how you handle all the other situations in between that I detailed. Give us...
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    Averaging Down the real Holy Grail

    <i>"hard to loose after you book 200-300 and you still in trade you can put stop at break even on last 2 contracts."</i> What happens when your first target is hit, fills one contract and moves in favor by +3pts three times in a session? You never got leverage of four-contract size on those...
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