YM Traders

1) are you guys scalping in these cases? of 437 YM points on a nfp (???) day?

2) who does this benefit other than the brokerage firm collecting commissions?

3) why are the direct implications that higher daily volume through hyper activity and capture of points is such a good thing in direct contrast to effecient trading and less point capture with less emotional wear/tear?

4) who's writing these threads and did they post their actual trading register for that awesome 208 point capture day? or was that simply on a simulator or are we supposed to just accept?
 
....50v is a 50 volume chart...a print every 50 contracts traded.i also use 16 volume and 2 and 5 second candle with volume/bid/ask charts for entry and scaling out...cheers mark j
 
JM why would any YM TRADER take advice from someone who has never traded YM real time, real money? It seems at first blush you dumped your mentor or at least disregarded his advice after stating he was the main reason you have a huge leg up on other NOVICES...........You will be well served to dump the EGO and volente AT THE SAME TIME....both of you are promoting gambling with no system that you can post. ........demo trade until you have confidence based on reality/RULES, not forum BS.....

LOSING MONEY: HORRIBLE/LOSER'S AREN'T ALLOWED IN 5% CLUB
BREAKING EVEN: GREAT/KEEP ALL YOUR MONEY YOU CAN
MAKING MONEY: WONDERFUL MARVELOUS AND STUPENDOUS


TRADE MANAGEMENT
MONEY MANAGEMENT
LOW RISK/HIGH REWARD
RISK/REWARD RATIO
TRADE WITH THE TREND
BUY LOW, SELL HIGH
CUT LOSSES SHORT, LET PROFITS RUN
TRAIL THE STOP
DON'T GET HUNG UP ON TIMES OF DAY, BE AWARE OF MAYBE?
DON'T ANTICIPATE MARKET, NOBODY KNOWS....
NO EXTERNAL INFORMATION SUCH AS SQUAWKBOX...
TRADE WHAT YOU SEE IN FRONT OF YOU ON YOUR SYSTEM??????
OSCILLATORS HANG UP SOMETIMES ALL DAY LONG
LAGGING INDICATORS WILL SHOW GOOD THINGS TOO LATE....
MACD, STOCH,%R, ARE CRUTCHES.....
DON'T LOOK FOR CRUTCHES...THEY ARE EVERYWHERE AND SOME OF THEM ARE PEOPLE....
HE WHO PULLS THE TRIGGER IS RESPONSIBLE FOR THE TRADE.
 
volente,

if u were preparing for storm and i was doing same.Brazoria County........could we be neighbors????Must be close...............I hope you fared well with the storm....I got lucky...forget the previous post, just frustrated by the storm disruption/threat........no offense intended..JM is running too fast IMHO.............I hope you make many millions of dollars trading.....sincerely porgie
 
i shorted avg 10.499. this is were we get screwed on the dow emini. if it opened at 6 pm and ran with the s@p the dow emini would have topped at 10.518 or so instead of 10,503
 
Quote from porgie:

JM why would any YM TRADER take advice from someone who has never traded YM real time, real money? It seems at first blush you dumped your mentor or at least disregarded his advice after stating he was the main reason you have a huge leg up on other NOVICES...........You will be well served to dump the EGO and volente AT THE SAME TIME....both of you are promoting gambling with no system that you can post. ........demo trade until you have confidence based on reality/RULES, not forum BS.....

LOSING MONEY: HORRIBLE/LOSER'S AREN'T ALLOWED IN 5% CLUB
BREAKING EVEN: GREAT/KEEP ALL YOUR MONEY YOU CAN
MAKING MONEY: WONDERFUL MARVELOUS AND STUPENDOUS


TRADE MANAGEMENT
MONEY MANAGEMENT
LOW RISK/HIGH REWARD
RISK/REWARD RATIO
TRADE WITH THE TREND
BUY LOW, SELL HIGH
CUT LOSSES SHORT, LET PROFITS RUN
TRAIL THE STOP
DON'T GET HUNG UP ON TIMES OF DAY, BE AWARE OF MAYBE?
DON'T ANTICIPATE MARKET, NOBODY KNOWS....
NO EXTERNAL INFORMATION SUCH AS SQUAWKBOX...
TRADE WHAT YOU SEE IN FRONT OF YOU ON YOUR SYSTEM??????
OSCILLATORS HANG UP SOMETIMES ALL DAY LONG
LAGGING INDICATORS WILL SHOW GOOD THINGS TOO LATE....
MACD, STOCH,%R, ARE CRUTCHES.....
DON'T LOOK FOR CRUTCHES...THEY ARE EVERYWHERE AND SOME OF THEM ARE PEOPLE....
HE WHO PULLS THE TRIGGER IS RESPONSIBLE FOR THE TRADE.
More...

I have a serious question for you porgie.

What the hell are you trying to do?
What are you trying to accomplish here?

That is all I'd like to know.
 
Porgie , quit worrying about me or jmowery. If he is wrong then the market will give him a reality check very soon and he will piss away $2000. It won't be the end of the world, he is young and has no big financial responsibilities. As far as me, I think my real times trades that I have posted speak for themselves. If gambling is having an 80% win ratio and a trading plan using strict money management then I guess I should join GA. Luckily we we're spared the worst of the storm. I reside about 140 miles northwest of galveston.
 
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