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<i>"As for the interest, I just doubt that the big boys sit in front of big screens with 20 indicators and 50 different MAs trying to deciphier what the next move should be."</i> First of all, who does that? If that describes your charts, you need to seriously pare them down. Secondly, the...

<i>"I have already told you, when they get paid to do so. If you want to learn that, go and pay your dues and work at a firm and learn. Otherwise, are you really going to trust your hard earned money on what is hypothized and posted on an anonymous board? lmao."</i> With all due respect to...

<i>"After trying countless indicators and more methods than I care to remember, I was thinking, how do the big guys trade?"</i> First we need to define whom the big boys are you refer to. I assume you mean big, successful retail traders. That is what most here aspire to be, does no good to...

Most critical aspect in trading is the trade entry itself. Without making that happen, everything else is a complete waste of time. There can be no positive exit of trades when entries are wrong more often than not. Before we can get the exits right, entries must be perfected. That includes...

Intraday traders need little if any time to study markets. It all unfolds in real-time clearly enough. I never look at charts to make trade decisions outside of live market hours... just let the lagging indicators lead me to where price action is probable to head next. Swing traders...

<i>"Imagine knowing exactly what to do, but not being able to be disciplined enough to follow through?"</i> Easy to imagine... even easier to understand. Lack of discipline is not a trait like blue eyes, light skin or pattern baldness. Lack of discipline in trading = lack of faith &...

<i>"Amp and Mirus are basically introducing brokers or commissioned sales people for Dorman Trading. Always found something shady about them."</i> Likewise, I'm always amused when IB clients are complaining about outages and back-office issues while I'm enjoying seamless conectivity and...

#9 #10 is why many over-analytical traders never figure out this rather simple game

<i>"I can understand the allure of seeing that $25 million credit hit the run, but how many times must he blowup to understand it's not a viable strategy? These things aren't binary, and they're marked to market."</i> That guy is the John Daly, not hardly Tiger Woods of the hedge fund world...

<i>"Because all you need to do is read the threads for different ideas, work on them to adapt them to your own trading style and simply develop your own approach and methods..."</i> Replace that with: "Because all you need to do is watch the Texas hold 'em shows for different ideas, work on...

<i>"Austinp, good to hear you're doing well. I just meant to say hello to everybody here that I enjoyed lively discussions with in the last couple weeks, that's all. Didn't mean to insult anyone Good trading everyone."</i> Makloda, you are one of my favorite bulls here. I always enjoy...

<i>"To commemorate the 12th gap up in the ES in the last 10 trading sessions, I just wanted to send some shout outs to my old school bear buddies Frank Grimes, Detective, ByLowSellHi, Comanche, S270027, Austinp"</i> Wrong guy, makloda. I'm a pure daytrader. When 4:15pm hits, I'm flat. The...

www.MikeDiGioia.com I'd strongly suggest Mike sticks with trading the eminis. That mlm venture he touts will most likely fail... bankruptcy is much more probable than an ipo, to which numerous other mlm-based companies with same concept of marketing energy or telecom have already succumbed.

<b>gnome and pabst</b>, great stuff from you two as always. So far this morning I've been short ES 1540 = out 1536 while reading the thread. Day traders don't need to care what happens from a selfish standpoint... equal profits flow up or down. Patriots should care, and non-US citizens will...

<i>"Austin, Point taken, please accept my apology for the jab."</i> Fully accepted, thank you for that. Heck, I've made the same error in here many times and regretted it later myself :>) * <i>"It's really comical reading all the ET humanitarians on this board talking about greater...

<i>"can you please explain in terms we can understand...thanks!!!"</i> Be happy to. Certain indicators that lag (everything lags, even price action lags itself) tell us where momentum exists... up, down or sideways at the moment. They also tell us in harmony with price action whether a...

<i>"Grow up."</i> You had me nodding my head in agreement all the way thru until those last two words. Immediate change of heart... looks like one of us here has some maturing to do, regardless how many candles are on your next cake. I lived thru all that and more myself. The sky hasn't...

<i>"But, so what? I'm a trader. I'm about the here and the now. What may or may not happen a month, or a year from now is useless to me."</i> Selfishly speaking, that is true. Some people have viewpoints outside of trading, believe it or not. Cruise many other sections of this forum and...

I myself am not making light of the situation, at all. Been there in ZB several years ago for a serious pounding. My point is, remember these days when you read the chest-drumming about how YM is vastly superior to ES for day trading. It ain't. Here's one major reason why. ES traders...

<i>"these outages are disconcerting but can be dealt with ok."</i> with all due respect, while YM traders deal with these outages again today, ES traders are hittin' it short and long this afternoon. Why deal with exchange outages all the time?