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  1. L

    IB - Booktrader 906 no more single click!

    Just downloaded your solution and it works perfectly, great job! Thanks again.
  2. L

    IB - Booktrader 906 no more single click!

    I will try your solution and see if it works. Thanks again.
  3. L

    IB - Booktrader 906 no more single click!

    I use the latest Java solution by Asterix and did it according to the instrution you posted on Screencast. Much appreciated your help. Did not try yours yet.
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    IB - Booktrader 906 no more single click!

    Works for me until I download 922.6 today. Problem: 1.Log on OK, but Trade Log and and Bulletin flashing Red. (Which should not because I log on without Add-on and clear that already.) 2.Then click on Trade Log or any button, the WTS hangs up and will not respond. Any ideas how to fix...
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    Trading Is Gambling, So Why Is It So Difficult?

    You are on the right track. Also your rules should be based upon how to take advantage of the most traders that do not have you mentioned above, hence the "price action" on the chart like what it is shown on th "CL" chart today
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    IB - Booktrader 906 no more single click!

    Can't thank you enough Mark and Asterix! Works great for me here.
  7. L

    Through the Looking Glass

    Later trades are mostly dominated by day traders emotionally forced to close out their open losing positions and many setups do not work, especially counter-trends.
  8. L

    Grinding it out, day after day

    This is exactly my points here. If you limit yourself trading ES intraday in this market with no volatility, most people will not have your discipline to be patient and wait for that set up and trade one or two times a day, hence gambling with very bad odds because of the large cost. Lescor...
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    Through the Looking Glass

    Behavior modification without doubt is the key to trading success. Not only in how we think but also how we act in certain situations. We must adapt to changing situations which we have no control. We often must change the situations of which we do have control when trading. - Phantom of the Pits
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    Grinding it out, day after day

    We all try to fool ourselves day trading is not a form of gambling, but in reality, day trading ES on average ATR 5 handles for retail traders are for fools. Ask yourself, will you go to casino to play blackjack on a 40:60 or less odds? Average retail traders pay $4:00 commissions RT, usually...
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    Through the Looking Glass

    Here is a great and rare interview of Marty Schwartz in 1999. I find myself go back and listen to it once every few months just to try to remind myself. A few points: On trading strategy/tactics: Wait for the extreme levels to play, avoid the chatter. If you play every race, you are likely...
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    A Question about position size and trade duration

    Never think in term of potential PROFITS for position sizing, instead you have to think in term of RISK and how you manage your trade when you have large position on and how P/L swing affects you. So you have them backwards. Assume your usual 500 shares, 3pts loss risk, and the question...
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    Whats the point having a NASA like control center?

    Here is my set up. VAIO L on the left
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    Whats the point having a NASA like control center?

    Yes. I bought one a few months back and now I use it as my main order execution (IB multiple book traders). Works good. One BIG drawback: It is GLASS touch screen and very reflective, not easy on the eyes. I also have two 26" Samsung LCD for charts (a Dell PC) and they are the best. The...
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    Whats the point having a NASA like control center?

    I thought you are a true price action trader using No charts. Anyway, I am always grateful for your posts and your journal thread is great. If we can all have discipline like NODOJI, we do not need more monitors or trade more instruments and be profitable weekly if not daily.
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    Grinding it out, day after day

    Losing only 16k truly shows why Lescor is a professional comparing to armatures on this site. His daily P/L is in the range of +/-10K, so losing 16K on the bad trade that runs away from him shows his superior good position size and risk/mental control. A few weeks ago, he lost 16K on SWM...
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    Weinstein Trading and Fading

    I am sorry Dustin I was talking about Bob's trading last few months, including his losses on SNDK, SWM, etc. You are one of the traders that I respect most here, and I actually agree with you 100%. I am very grateful your posts including your posts on price actions a few years back. In...
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    Weinstein Trading and Fading

    Two ways of counter trend trading: 1. Fade/scalp strong moves and take quick profits, high win ratio and lots of small profits. Works well in high volatility markets. RULES: Get out of the way when wrong and NEVER AVERAGE DOWN. 2. Wait for trend line breaks and look for higher low...
  19. L

    Grinding it out, day after day

    571,000 shares one side or RT? Thanks.
  20. L

    Grinding it out, day after day

    Thank you very much for your answer. A few more questions: When you trade RTM, do you try to catch the turn and enter close to high/low of the day and exit hours later at the "mean" of the day, or you try to follow the day trend and enter say at 50% retracement and exit at the "mean" of the...
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