Intuition

Quote from pspr:



20-30 seconds!!?? Are you using IB for your broker and using their TWS? If so, just set the default order to a 5 contract limit order. Then you can just click on the BID to create a limit order to SELL or the ASK to BUY. You can then just click the T to transmit or click on any part of the order to open a drop down menu to change order type, price or quantity. I find it takes me less than a second to enter my entry orders and maybe two or three seconds to set my stop-limit orders.


No, I'm using REFCO. They have a good floor operation which is what I normally trade. If I decide after Dec. to continue with the emini then I'll probably look for a firm with service and a better order entry platform.
 
Thoughts

One of the other changes I'm making is I'm going to try and get my first order of the day in within the first hour. I practiced trading near the open all day Saturday so we'll see if it pays off.
 
Since you are trading with real money , I have strong reversal signal around 11:05 - 11:15 . My guess is it will be a top .
 
Thoughts

Early move is all up. My first few trades are all poor. I've been buying near top of the strength and exiting when I thought I saw weakness. It's been pausing before moving higher. I don't see any point to chase the move any more. It's up about 8 pts from the open and more than 10 with the gap opening. I'll look to see if I can find a place to short it. Even if it's a up day it should have some retracements.
 
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