YM Traders

Quote from volente_00:

"an amatuer counts the dollars he could have made while a professional counts how much he will lose on each trade if he strays from the rules"




To those worried about Jmowery, I think even if he blows up the guy will learn some valuable lessons. Heck he is young, he has no mortgage, kids, wife to support so the pressure is not on him from that standpoint. Also the money he is trading has a different value, when you are 18 2k seems like a lot but as you get older it is not as significant. I say go for it, the kid has a lot of confidence and reminds me of myself. You can't come into this game as a pessimistic and expect to make it. Using a 10 point stop he should be able to get about 35 trades off before blowing out if he can't trad ea lick, but the experience will be more than worth the 2k tuition.

I agree with that.
That's why I think he should start for real.
 
Quote from EqtTrdr:

please understand...


no volume = free money long with no risk


lesson over:D

How about free money short with no risk in some cases?

Thanks.:)
 
Quote from EqtTrdr:

please understand...


no volume = free money long with no risk


lesson over:D

congrats once again to all those who play the buy futures for no risk free money$$


you makin' a killin'
 
YM point = $5

why don';t they make these point sized moves count for more?

imagine the points = $20, then this would be the new contract to specialize in, wouldn't it?
 
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