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LOL, I thought the same thing. I turned it on to see her and Cramer on the ground chasing a turtle and I was like WTF is going on with this!? I immediately turned the TV off, it just re-confirmed to me that CNBC is useless jibber jabber.

I fully agree with you, as they say hindsight is 20/20! :)

I just made another trade losing 10 ticks. (stop loss) Sold @10782 because of my bollinger trade that I usually take and was stopped out @ 10792.

Snowman, You should try trading off of the 5 min chart for a week or so. I've tried trading off of several other timeframes and didn't become consistently successful until I started using the 5 min. I agree with what you said about scared money. That's a dangerous area to be in mentally when...

No trades for me today. I was too unsure of what the market was going to do as a result of the health care bill. I did see a nice wedge formation around 12:15EST that I would have normally played but was away from my computer until after it broke. We'll see what tomorrow brings.

Just closed a quick little trade for 15 ticks. It took about 5 minutes lol. I sold @10657 immediately after making my last post and covered shortly thereafter @10642. The biggest problem I have with my trading is not letting my short term winners ride. I know it's purely psychological...

No trades for me yet, it looks liker there is a descending triangle setting up from when we put the low of the day in on the 5 min chart. I think I'll wait a little bit a play that. To answer you question, Snowman, I use Infinity AT as my trading platform and Think or Swim as my charting...

Disregard my question, Snowman. I just saw that you answered it earlier in the thread.

I just closed out my first trade of today. I sold at 10695 because of the same setup that i always play. (2 confirming red candles under the top bollinger on the 5min chart with overbought conditions on the StochRSI) and I covered about 10 minutes later at 10675. Nice and quick 20 ticks. If I...

I made $65 today on the Dow Mini. lol

Hey Snowman, I made 1 trade for today. I sold @ 10695 at around 13:55 EST. I bought it back @10682 at around 14:50 EST. The reason for my trade was the double red candle after the top bollinger band on the 5 min chart while being oversold on the StochRSI. I'm usually correct with this...

Thanks, Yes it was sometime around 11:00/11:30 if I remember correctly. I jumped the gun on my entry to be honest. If I was strict with my rules I probably would have sold around 10 minutes later but I had a gut feeling to go for it. The reason for my trade was that even with that green...

Sorry to hear about your trade Snowman. I made 1 /ym trade today picking up 11 ticks. (short 10620 to 10609) You can see the setup on the 5 min chart, i have no clue how to post screen shots, sorry.

Thanks for posting your trades and thought process here, Snowman. I also trade the /ym using a combination of Bollinger Bands and StochRSI. I trade different timeframes than you, usually shooting to be in a trade for the full move that i'm interested in which typically works out to 15mins - 1...

I use all time frames, nothing shorter than 15 minutes though. The only chart patterns that I regularly use (90% of the time) are support/resistance, and ascending/descending triangles.

http://www.futuresmag.com/Pages/Futures-Magazine-Futures-Classroom.aspx?channel=2

yep, I sandbox everything and have never had a problem.

EquityFeed

haha, I only go to CIII if I feel like getting robbed or carjacked by any one of the quality folks that are constantly roaming around the bus stop.

Lisa Gleave