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<i>"It seems the best strategy is to preserve your capital, learn all you can about the fundamentals and jump in head first with 1 contract. Am I correct?"</i> Nope... not even remotely close. <i>"The best way to learn is the hard way. In this business there is no other way."</i> All...

<i>"1000 a day is not enough to buy u hot chicks"</i> You cannot buy hot chicks... just hot pigs. When you are blessed to have one (or more) in your lifetime, you'll understand the difference. As for the $2,000 per day, it depends. Trade five TF or ten ES contracts at a clip, and $2k daily...

well, I live in upstate NY myself. But I'd be a very boring date... after the markets close and I'm done with work, the only thing I won't talk about is trading. Hit me up about hunting, fishing, honeybees, current events, football, world history, the meaning of life... I'm good for hours...

<i>"For 3 days now I've entered TF only to see myself immediately underwater as much as $160. due to the spreads on 5 cars. And that wasn't during any periods of high volatility"</i> This whole entire week has been one of extreme volatility. The ER used to do exact-same thing, albeit with...

<i>"...Accepted a last-minute invite to hunt caribou in far northern Quebec... last-minute preps today, depart wee hours tomorrow and then gone until next week. I expect to come back seeing the Dow up or down 1,000pts from present."</i> It didn't take much clairvoyance to predict that. Charts...

<i>"TF volume yesterday was only 133814 on the biggest point loss of all time on the DOW. Volume seems to keep going down"</i> Anyone who traded the ER for long has seen that symbol go spastic during times of extreme volatility. Whenever the ES went wild, ER tended to trade thinner and...

<i>"Volume a little weak today"</i> Yes, but the +4pt to +8pt or greater profit swings from entry signals were tossed around like condoms at a frat-house beer party. Anyone who cannot make substantial amounts of money in that symbol today cannot possibly blame market conditions for it. At...

<i>"It's me Joab, not some snot nose newbie..."</i> Well, the ES and TF were giving free money away on the short side all morning. Nil wild whipsaws, pretty deliberate breaks lower from consolidations. The TF is particularly smooth... reminds me of ER2 from the glory days before it became...

<i>"Thank you Eric for posting that, it really shows what is possible..."</i> Amen to that, and to all the other posters here regardless of results * From 9:30am ~ 10:30am EST | 20 contracts ES ES short 1243.75 = trailed out 39.75 | +4pts ES short 1237.00 = stopped out 39.00 | -2pts...

Common question(s) I get via pm or email: <i>"Good morning austinp, Great trading on TF! I was keeping an eye on it all week, and was pleasantly surprised by the strong volume. It seems like a lot of us followed the E-mini Russell to ICE. I personally traded the NQ and CL this week, and...

<i>"I went back to bed when I saw ES lock limit up this morning"</i> Whereupon you missed incredibly easy money trading the short side into that massive, gaping gap. As for the TF versus ER2, there is little comparison. TF blows away recent ER2 price action by five miles. Strip away the...

<i>"its scary though with all the volatility one could easily lose a large multiple of chai at anytime"</i> That would be simply terrible. Once upon a time, I think Red Ink & myself drank way too much chai, and lost it 20min later in the men's room urinal. Not really sure though, a...

<i>"I used to get more action trading premarket than this"</i> Current ES range from opening bell is 1291.25 to 1237.50 on 1.4mil contracts Current TF range from opening bell is 765.50 to 737.20 on solid volume We've gone numerous entire months trading inside those 90-min ranges...

It's impossible to say right now, but what I see in the TF price action appears far superior to ER2 of past couple years. We'll know more next week and beyond, once the CME Russell futures and options cease to exist. Worked 5-lots TF at first, built a little bankroll and kept shorting into...

TF update So far this morning my TF trades were: short 686.50 trailed out 681.50 | +5pts short 688.30 trailed out 686.30 | +2pts short 686.00 trailed out 682.00 | +4pts 5-lots turned, no slippage, easy fills both sides * It's entirely possible that the TF will trade much purer and...

A skilled ER2 trader could average +5pts daily over the course of time. +3pts minimum average, with relative ease. Emphasis on the "skilled" part. Only limitation ever was size. At times, filling 10-lot or bigger without partial fills and slippage was an adventure. Had to play around with...

Today I began working the TF contract again. One trade for par, second trade short 94.20 = trailed out 86.20 for +8pts straight down. It did go another +10pts in favor from my exit, but we can;t catch it all. Russell is currently much smoother with far fewer volatile jerks than ES plagued...

<i>"Rawfist, you don't see a problem because you haven't been doing your homework. You haven't been constantly watching the ticks go by on the TFZ8 since the Thursday rollover because it's not been your exclusive job to trade the ER2 for 4 years."</i> I find it hard to believe you are a...

<i>"Traders have left the TFZ8. Last Thurs through this Monday looked promising, but today, it's like there was a mass exodus from this contract....and I'm talking about the December contract AFTER last Thurs rollover from September. And who can blame them? I mean, the ES is moving right now...

<i>"Claims of indicator power only show the inexperience and ignorance of the trader which is why this board has so many of these claims, it's abundance of newbies is hysterical. When someone mentions an indicator you got three options: 1) Put them on ignore 2) Help them 3) Laugh on the...