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When I read his post I just about fell out my chair. Say what? -------------------------------------------------------------------------------- Quote from austinp: you purportedly make +60pts to +100pts per week, per ES contract... and you're nervous about trading two contracts...

This will depend on you and your system. For instance what is your avg.(target) profit compared to stop loss. Could you emotionally handle 2-3 stop outs in a row. If you could emotionally how long would it take you to recoup those losses? Personally i like to add contracts a couple of trades...

As said why will this time be any different? I will tell you that I have blown out my account and lived to tell about it. It required major chances on my part though. I had a profitable approach but lacked discipline. What made me develop the discipline? I had to work for minimum wage at...

I've seen tightnening in several areas, mostly in the housing market. I have some real estate investor friends who are really suffering. They can't refinance anymore and they can't sell their properties because people looking who want to buy the property can't get a mortgage. One guy in...

I have been a member of coiled markets for years with only moderate success. That has nothing to do the method (not system) austin teaches and everything to do with me. Whose fault is it when I bail on a trade that he signals for a 4 tick profit and it eventually goes for 4 pts. Whose fault...