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I am also short the DJIA. I shorted YM, 11900+. Good luck to both of us.

what's going on here? why is it halted? anyone know?

Thanks I only know equities, so I definitely plan on trading small, if at all in the beginning. Jake

Anyone know what is going on with platinum? also, can someone recommend a broker for trading commodities? I solely trade equities and index futures (have been for years), and I would like to know more about trading commodities. Maybe there's a good book to read? thanks Jake

It's the zone (I hate saying crap like this, but it's true). It's hard to describe. It's that state of mind when the trade goes in your favor and you get the top price of the move. You saw it before anyone else did. And it turned out the way you thought it was going to turn out. Sometimes it...

Hi. I'm a position trader but I have been looking to get into the ES, to daytrade (to trade in addition to position trading). I have been using T Sim+ as well. I like it. The results have been very good. But the problem I see with T Sim+ is that the order fills are not realistic. I use a...

very good point AAA. I agree. Jake

MRWSM is right. Humility on ET? Yea right. It's gotten beyond annoying now. I thought it would go away after a bit, but it hasn't. It got worse. So many here just seems to pound their chest, screaming, "O, I made the calls, O, I will be back, O, Give me the credit". Credit? Who needs credit...

this market reminds me of the experience by Jesse Livermore in Reminiscence, if I remember correctly. He kept shorting the market, and every time, it went higher, making him cover. To him, there was no reason for the market to go higher. But it went higher and higher until he lost much of...

I think technical analysis works because of reasons other than the reasons people ususally think it works. I do believe that TA works because of validity in the patterns, etc. But I really think it works because it gives, for the first time in many traders' lives, some kind of plan to trade...

Here is what I think. Since we were born, we were told what to do. This was partly good; my mom told me to look both ways before crossing the street, and that probably saved my life many times over. Society was created so we could have rules and that was good - look how much would not have...

I disagree with you, scientist. I think there are some things about trading that are truly glorious and special. I am not the first person to say this. This is an endeavor where people are really given a chance, regardless of who they are and where they come from. You don't need the...

07-22-03 02:09 PM Yes, right. One time I was short Ebay @ about $84 and covered about the same price due to a gap down. Apart, this was a pair trade in combination with the qqqs. The second time I was selling successfully a naked call, which expired worthless. Please check the postings...

weren't you the person who were shorting ebay couple of months ago, saying that your offer is at 99 or something? I could be mistaken, because I haven't checked the threads. Jake

Something went wrong in this thread. People have acknowledged that traders provide liquidity in the markets. Then they just went on to whole lot of other stuff. Wait a minute. Providing liquidity to the markets is more than enough to call trading a profession, a career, a job, in my opinion...

What counts is the money that you made at the end of the day, right? Now you could do a whole lot of small winners or have one big winner and get to the same dollar amount. You could just make one trade a day and blow everyone out of the water (if you use enough size). I personally think...

I think TA is good (hey, I'm not knocking it, I use it too), but gut feeling is the best indicator, I think. I think the gut feeling I'm talking about is different from the rash decisions one makes. It's like you know it's there. It's like you know when you get out. It's like you just know...

the problem with this strategy is that the risk is too great. someone always tips their hand, the ones with the inside knowledge. especially to the downside. so what happens is that more often than one thinks, 5% or more down day is followed by a huge down gap. current example? Cigna...

I have a fear of success. I know it. I've seen myself on the verge of success (getting what I want) and basically just psyching myself out and losing too many times. I don't know exactly what it is. It may be because I came from a poor background. The reasoning is that if I become successful...

sometimes the simple things are the hardest things to do. Jake