Search results

<i>"Trade nothing less than a 5 minute chart if day trading the index futures. you seem to be wrongheaded from the start thinking you can trade noise on a 1 minute chart. Drop that idea, is is a sure loser."</i> Absolutely. Can make much more money trading a 5min chart than 1min chart for...

<i>"cover some of your position (50%) for the profit you normally would, then hold the remaining portion at your original stop? Placing a stop at breakeven is trading your P&L rather than the real points of interest for price."</i> Here's a scenario which happens in the ES all the time, day...

<i>"the reality of it is you will not have the chance to do this many times...</i> ... until you become a skilled trader. Then you will be faced with the decision to trail stops, when and where on almost every trade" Hope you don't mind me finishing that incomplete statement. Trading...

<i>"Here is the correct math on your example Vol. 2 contracts traded per trader SCALER 10 trades 8 winners 1 x 4.5 points for half the position 1 x 9 point for the other half 2 losers for 3 points each NONSCALER 10 trades 8 winners for 2 contracts x 9 points each 2 losers for...

<i>"In that respect you're right. Unfortunately, unless I change my strategy or lease a seat at the exchange I don't really see any way around it"</i> At your stage right now, there is nothing other than gambling and random fate. If/when you reach $2,000 or greater balance, then methodical...

<i>"ER2 is my favorite stock index instrument. But I gotta tell you, it has reduced me to tears so many times in the past, trying to trade this animal with less than $2,000, that I finally smartened up."</i> Once upon a time the ER was pure gravy to trade. Smooth, wide swings and trendy in...

<i>Quote from HedgefundTrader2: Do you have any facts and figures to elaborate your statement about recession ? Do not need your emotions as to how you " feel". Just the facts ma'am! </i> http://news.yahoo.com/s/ap/20080324/ap_on_bi_ge/economy_on_the_edge;_ylt=AsRgL2XA0dLlgvioAfP_zpxv24cA

<i>"and his capability to evolve and better himself as a species..."</i> ... the cost of which has been systematic degradation, overpopulation, natural-resource exhaustion & extinction, excessive utilization and pollution, irreversible damage and irreparable despoilation of the planet he was...

<i>whats your goal here? do you want to do this professionally? If so, why not try to get backed by a shop? There are some around.</i> A list of specific names for these firms would be helpful to those who may have interest. <i>I trade in a similar fashion, to be successful at what your...

<i>"I would love to believe that the banks are desperate for liquidity and are about to collapse at any moment, but unfortunately that isn't going to happen just yet."</i> If that scenario were to happen, the absolute least of your (or anyone's) concerns would be speculative trading financial...

<i>"Despite all odds I will attempt to prove that not only it is possible to trade successfully with only 1k but the profits when added over time will be nothing to scoff at. I am purposely not trying to make any projections but my analysis tells me that making $1000 - $2000 per month is...

<i>"Another "kid" playing on the Internet. Either that, or Baron is "paying" him per post. At least he made NEW HIGHS on ET and broke the 6000 post count this week! That's got to be worth a cheeseburger or something."</i> Landis82 posts: 45 entries 3/19 20 entries 3/20 (still early)...

<i>"Austin, you can list as much anecdotal evidence for 'rampant inflation due to massive liquidity pumping by the Fed' as you want, it doesn't make the case any more convincing."</i> I said that the reason(s) for inflation arrival and entrenchment are irrelevant. It is here, it exists, it...

<i>"For all the experts out there, how would you trade it?"</i> Use the 5min chart as your filter / trade chart and use a tick chart for precision entries in harmony with 5min chart bias. Experiment with various tick (or volume) settings to see which works best in that index for you. For...

<i>"smilingsynic, your voice of objective reason is a nice change here on ET, at least in my ears!"</i> agreed, and makloda's input is always well-thought out and respectful, too. * Regardless of why inflation is an issue right now, inflation is an issue. Doesn't matter what drove fuel...

<i>"If you use a technique of scaling into a trend market this method can do phenomenally well ... extremely well from a risk:reward stand point ... but you have to be really good at the game, I'm not good enough to do this consistently, not yet at least."</i> It also takes the right market...

<i>"Also, can anyone tell me what broker out there let's you trade 15 ES on 10K even just for intraday? Besides it being horrible money management and completely reckless is it is even possible with margin requirements??"</i> Many emini brokers permit $500 per contract intraday margins to...

<i>"Yet, most of the commodity complex is now trading LOWER than it was back on January 24th when Bernanke started aggressively injecting liquidity into the banking system. Why is that? You never answered the question."</i> Has anyone here other than me ever traded commodities? Seriously...

<i>"you are missing the point of "stimulus." It's not to help people pay their bills, it's for giving people money to spend supplying business with sales and revenue."</i> Much of that graft (minus supply costs to distribute checks) will trickle into late mgt payments, late credit card...

Paulson desperately needs years' worth of ToastMasters training. Amidst all the stumbling & stammering, he actually meant to say 500 - 600 new jobs creation. Maybe a thousand new jobs max, being optimistic about the whole welfare plan.