YM Traders

volente,

porgie has a simple question.....how many posters here are pure intraday traders and how many are otherwise? Just curious, since there is a vast difference in the time frames....position/overnight plus, intraday runs, intraday scalping for 15 pt target or less....and systems required for success tradin g each one .....for me, intraday only squeezing all I can from each run.........when we see 2:30 pm I am in the mood to say goodbye to the market for the day....prefer to start @ 9...........YM only......I don't live that far away from you but we need to stay away from each other.....you are like my brother a big risk taker..not saying u aren't successful...........he traded options also running acct 50,000 to 480,000..in 2 years..the fly in the ointment was he didn't protect the downside,,,,never a put..only calls.......market turned and it ain't a purty sight now...his retirement check is good thank God... .he and I lock horns most every day, which ain't good for trading.....engineers make the worst emini traders of all..........fortunately, i am very dumb....just deeply in love with this stuff....never bought a lotto ticket....not a gambler....safe stops and very high percentage system take the gamble away.........the problem with the chart u showed the 9x18 crossing is too lagging.....low % stuff.......I used that 4 yrs ago....and it is still not worth using....note the crossing is the safe stop i refer to...just honest comment, not meant to be ugly...when one is offended he should immediately forget in this business ....happy trading
 
Quote from joeyata1:

i'm sure global or velocity . who know anyone who to trade 2000 ym's at a crack would be killed
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Agree, if anyone is trading size in the Stock indexes (ie. 1000 lots) you have to go to the ES or Stoxx. Both can handle that kind of size. I traded for a desk and had the fortune and the misfortune of moving big volume and seeing others attempt it in various different futures markets. You can do it on the thinnest markets. But you have to have the skill.

If you want to blast in and blast out 1000 lots. There will only be a few market choices on earth. You can always get into a large position in a thin market ----but you better be right.

Many brokers will let you do 1000 lots in the ES with 500 dollar margin.

Velocity probably would. And you are doing size ---lease a seat. Save yourself some dough.
 
Quote from Rickshaw Man:

Now up 100 points from yesterday, totally relaxed, but thinking about the jobs report tomorrow and would like to exit one more near 10590. I am going to make some adjustments and settle for 10570, just placed the order so it needs to move back up again to take that one lot out, that puts me long 2 if it happens.
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Its about freaking time sell order executed on 1 lot 10570 for 110 point gain, still long two lots from 10460, will check back soon, need to monitor long USDCHF trade.
 
Quote from Rickshaw Man:

Its about freaking time sell order executed on 1 lot 10570 for 110 point gain, still long two lots from 10460, will check back soon, need to monitor long USDCHF trade.
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Placed order to sell one lot from the two left @10605.
 
Quote from Rickshaw Man:

Its amazing to watch these folks short this when the minor trend is up, I don't understand why they don't get long and buy the dips.
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Wait I take that back, buying into a market that has been rising for 5 days is hard to do. But thats how money is made doing what most traders cant do.
 
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