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Can you scale out of your position, this of course means you will need to be trading more than one contract. If you are only trading one contract then maybe take a look at trading stocks so that you could scale out of them. I think if you are trading just one futures contract at a time then...

Charting markets, thanks for posting the chart of your LEH trade, when you entered the trade where was your initial stop loss and when you took off half your position where do you move your new stop loss to?

I think each trade is independent, but the traders psychology is not. Therefore after a run of loosing trades the traders confidence can be dented and so it is sensible to reduce trade size until confidence has been restored and then normal trade size can be resumed. Even though the trader may...

Thanks for all the replys guys, it makes more sense to me now.

I don't understand this, how can a pull back system which as you have already mentioned is trading against the immediate short term trend run at 75-80%, whereas a break out system, which is going with the current trend only run at 50%. The way I see it is that pull back systems win less often...

Hi Digs, "The rules I try are enter market at 0.01 after critical price zone, like 20.26 or 20.01 or 25.51, with a stop order. Using 2 min bar chart, if the breakout bar or the following bar after breakout bar smashes down to the break price, say price entry was 20.01, and filled for 1000...

Hi slowtrend, have you tried out http://www.realitytrader.com they have a room for people who wish to take longer term trades (swing and position) as well as rooms for day trading. I have not tried them myself but I will probably take their 2 week free trial shortly, but if you do...

I think V has allready thought about this he posted this in response to a similar question. "Profitable traders have an option to leverage their time by getting paid for instruction flow...for something that they are doing anyway...."

Mav, thanks once again for being so helpful and for providing a very detailed answer to my question. Its great to have people like you willing to share their hard won knowledge on these message boards for anyone with an interest in options to read. I am going to do some more studying and...

"The other way I use is to time the delta movements with the mm's autoquote features" I was kinda hoping someone else might ask about this, but maybe everyone else knows what you are talking about. What are the mm's autoquote features. If the answer is long do you have a link to a web site...

Mav, thank you for answering my questions. "3) By legging in, I normally try to pick off just a .05 or .10. I have a very good technique for doing this" Can you expand on this technique or is that something you would rather not explain on a public message board?

Mav, first of all thanks to you and all the other regular contributors to this board. If would be wonderfull if all boards were are as good as this one but I guess that would be too much to hope for. I have a few questions regarding your short term calendar spreads that you make on stocks 1...

Yes, I looked at the 5m ES charts for a few weeks and hardly found any examples. My eyes probably arent tuned in to finding the pattern like yours are and so I probably missed many examples. When you say the pattern does not occur every day how often exactly does it occur. Are we talking...

Hi Bruce, "Can anyone here pass along their experiences using Hidden Orders entered through Island ECN or Iceberg Orders entered via Smart Order Routing?" I started a thread on Hidden Orders a short while back you might want to take a look...

Yes I think it was from Teresa Lo that I first saw trades explained like this. I seem to recall that you spent some time in her chat room, did you find her chat room helpful?

Have you therefore ever looked into the possibility of trading in the opposite direction to what the forming candle appears to be telling you. For example if a bullish engulfing candle is formin on a 5 min chart and there is still a couple of mins to go, go short instead of long. If your above...

Hi Traderkey, thanks for sharing I think simple entry set ups can work really well. I also noticed on the chart you posted that at the time of entry, the futures had just made a lower high and preceding that a lower low. When you have looked at your previous trades have you taken into...

Anyone just hear Maria Bs Freudian slip on CNBC, she said Cock industries and then quickly changed it to Coke industries LOL

I can't see anyway to set up a select net preference order using IB, does anyone know if these orders are available from IB. If they are not how do intraday stock traders using IB work around not having this type of order.

"I use TWS, wondering whether IB offers this order through TWS? Thanks!" Go to http://www.interactivebrokers.com/index.html Then RESOURCES > Order Info > Hidden