Search results

Sheer boredom gets me in trouble every time. Per the message received from "someone" who doubts I made money in the ES today, or even trades at all via conversation in another thread. Here's the blotter for one account today: at this time trades 12 ES contracts max. Can trade less than that...

<i>"I particularly liked the confidential info threat very nice touch from a vendor in a public forum, what a moron, let me guess, this gets you customers too?"</i> The whole entire show, every thread related to PureTick is a total abomination. Never in my life have I seen such disgusting...

<i>"got a break holding GERN overnight on a rumor about a dateline story ..and made 8k!"</i> just curious: if that lottery ticket hadn't won, in your opinion, what was your probable path from the $4k remaining and onward to now?

<i>"This is the best advice you will receive: Study price action. Period. You may not listen to me now, chances are you won't but if you do actually keep at it (statistically not likely) you will take this advice eventually. Save some time. Learn, study, and LIVE price action."</i> Give that...

<i>"Paul - You don't have to be ashamed about using a stop larger than your target....mathematical expectation (% win x $ win - % loss x $ loss) can still be quite postive with a risk/reward ration > 1, depending upon the probabilities (certainly a 99% win rate would do it )."</i> fwiw: I...

<i>"Worst case for Buffett is he pays cash to own the S&P in 2019 at 1998 or lower levels. Hardly a disaster."</i> This is the opposite of Vic N. selling puts at all-time market highs when it feels right but is totally wrong. Ten years from now, are the chances of major indexes greater to be...

<i>"Entry #6."</i> wool camo is much more practical

a lizard?

She's probably the hottest of all her friends. Then what?

<b>bunds,</b> shame you don't know how to find the right American women. Such a pity, really. OP... your husband would appreciate quality time with you. Trading is no different than any other job, profession or career. it's merely a way to earn money =create time freedom to spend doing the...

<i>"One of my biggest problems would be watching profits go back down on a trade. I have an ichy trigger finger ;) "</i> Learning to control that and 1,000 other human-nature "itches" is the difference between gambling and purposeful trading as a professional business operation. Welcome to...

<i>"So do most of you make small 1 - 2 tick scalps or hold out for the bigger 5-7 tick swings and make less trades? Thanks."</i> Replace the term = thought of "ticks" with "points(handles)" and then you'll quickly graduate to professional trader mindset. Trading for ticks is something...

<i>"Maybe it's because indicators offer a sense of security, a false sense of security no doubt. I used indicators for many years, until I finally realized, hold it there chief, what am I doing, I see things happening multiple bars earlier by just examining price and fortunately that woke me...

<i>"The problem you run into is that the person being mentored may not take all the trades, may not follow the system, probably won't trust the "Mentor" after a drawdown and won't be able to pull the trigger."</i> 1,000% true. Teaching anyone a "system", aka designation of what constitutes...

<i>"Maybe he will post a NinjaTrader DOM like Austin does showing he really trades and makes that much."</i> Please leave me out of this exchange. The man posted blotters showing trade details. That's all you can ask for from a public message board. It was easily possible to make $100k...

<i>"even buy1 can't handle a stop like that"</i> This is a day-trader's only market. Actually, it's nirvana

<i>"The reasons were:"</i> #4: two open gaps above? They pull like tractor beams from a black hole. Easiest trading day we've been offered in a long time. Stubborn shorts got what they always get in overcooked bear market swings. Smoked.

<i>"If you notice there was no blog for 11/11, you want to know why? Because the PL was so sickening he felt it would draw too much attention but the guys in AHG saw it at the end of the day. Imagine that, skipping to post a P/L because he made too much money."</i> Makes sense to keep...

Fifty contracts = $2,500 per index point(handle) One hundred contracts = $5,000 per point Just a matter of catching the runs... today was a bleeder short with three distinct breaks. Yesterday was actually much easier to catch bigger swings, especially the afternoon squeeze. Most days are...

<i>"The futures and commodities markets are the toughest games out there. It's like taking on Tiger in golf with only a putter...why would you do that?"</i> I'm not so sure about that. I think if all of the successful stock traders were forced to trade futures, they'd adapt just fine. I...