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<i>"and failed at finding the alias I use for normal posting..."</i> <b>bahdabing</b> Anyone with a smattering of pattern-recognition skills could see that (and the other ones, too) from first post. Those same skills predict you will outlast all who mentally joust with you in this juvenile...

<i>"like ES Journal or ESclown's journal where you feel like your actually experiencing the trades with the traders..."</i> The professional's premiere forum for that would be HotComm, where no editing of posts are possible, everything is timestamped and entries are instant without lag. To...

<i>"With all due respect to those of you who have posted your charts here, I can't seem to get the thought out of my head that these all look great in HINDSIGHT, or as the computer types say, in "batch mode."...</i> Yup... very true. That's exactly what everyone thinks until they learn to...

<i>"A professional daytrader should make money just by showing for work. Minimum profit to be pro. daytrader is $500/day consistently without any drawdowns for 20 consecutive days. and account must be under $10,000 with 4:1 margin. A pro daytrader should be able to make $500/day with a $10,000...

<i>"Do you really want to be on this site claiming that you can pull in $500 per day. I know girls that would pass you over in a instant"</i> Most traders cannot make $500 per day on $5k, $500k or $5mm account, because most traders are still trying to figure all aspects of this profession...

<i>"It's the truth -- you stop having the urge to post, because to give a true picture of what a successful trader can do, not many would believe. And you just stop caring enough to bother convincing others, what is the point really."</i> Wholeheartedly agree. There comes a point where all...

<i>"It's much easier to make $250 a day on your $25000 E-Trade account Mandelbrot, than to make tens of thousand everyday on a large retail account. It's your inabilty to comprehend those types of numbers that shows you are you piker."</i> Please explain to us what the mechanical difference...

<i>"I was short bonds, so my ES position was small"</i> Heck, the ZB rolled '16 ticks from break to lows for ya. Nice $500 per contract range in that swing. If it weren't for eminis, I'd happily trade the bonds myself. Excellent filter or "tell", too. * I missed the entire move up...

<i>"Note - I'll throw up an NQ chart tomorrow, surprised we don't have more of them"</i> Day in & out, I think the NQ is purest trading emini of all. But, they all have their turn at bad hair days. While the ER trended straight up in textbook fashion and the ES trudged along, yesterday the...

<i>"Once that happened, yesterday's high, which happened to be right around R1, was in play. If S1 fails, R1 is often in play. Today, it was both/and</i> With utmost respect to SusanaDT and her request to nix the indicator talk in this thread, S1 to R1 or R1 to S1 has been a favorite pattern...

<i>"Isn't this guy like the poster child for the ultimate snakeoil salesman of trading?"</i> I've been told from people who would know that Waxie made more money trading equity options before he started Trendfund than 98% of the existing (waning) ET readership here ever will, collectively...

Trading ER2 today was free money. Trading NQ would have been frustrating until the final hour. Trading ES was middle of the road, as usual. The ES never traded in its lower half of the range all day, visible at a glance via "market emotion" (dynamic pivot) lines. Aggressively long = passively...

<i>"by the way, i am not passing judgement on any trader or manager, merely asking questions about method that I believe is sub par and over hyped."</i> I had the chance to spend several hours with DeMark back in 2001, working with him on someone else's project. My take on him is an...

<i>"I for one like the extra liquidity that IB provides. If I want out, they are there to take the other side of the trade. Who doesn't want that?"</i> If you stop and think about it, that is actually a benefit to retail traders. Same as the big FX dealers and their trade desks. Shocking as...

<i>"i was told by someone that if he doesn't make at least 50k/day it's not worth it, in response to the question "How much money can you make trading?" He was also on the trader monthly top 100 traders, but why wouldn't 100k/day average be possible if you're worth a couple hundred million...

<i>"In the mean time I will be happy with IB; I won't need a bunch of backup brokers in case my broker goes out of business. IB's culture suits me and a bunch of other experience traders here at et and elsewhere. It doesn't suit fools, whingers, twxts and other brokers shills. The more of those...

<b>Mon 7/14:</b> $0 net Was up +$2,900 off the first ER2 short trade by 10am est. Then I shorted down to the lows and bought up to the successive highs... which should have resulted in a $10K+ session. In a bout of stupidity, thought a valid solution to the volatile chop on Friday continued...

<i>"That said the ER has shown strength relative to other indexes for the past week or more...both on an intraday and longer basis, may have more lift if/ when the market comes outta the hole..."</i> 100% true. The small-cap index from 2003 to date have been what the SOX was thru 90's to...

<i>"I manage opm, as well as daytrade. (Well, attempt to daytrade ...)"</i> the step(s) from attempting to successful day-trading include a significant amount of focus. In the past I traded index options that were held open for hours to days at a time. That allowed time for watching lots of...

Good news: Time-Warner cable / roadrunner is now available to me, as of 7/01. I last checked on it in early May, saw some guys stringing cable along my highway and got excited. No dice at that time. I'm still interested in T-1 service, that could be 30-45 days until install. If RR service is...