Hey, a winning day is a winning day any way you stack it up. Even if you only net a dollar, it is a hell of a lot better than taking a loss....
To me, scalping simply means your style is to go for small, predetermined gains while risking only a small amount on each trade. In order to be...
TM, that's a good analogy. Cooking seems like an easy activity on the surface. After all, if you can read a recipe, you can cook, many people...
Before you go and give up your 60k salary, think long and hard if you are willing to: 1) Give up the security of a regular paycheck--especially...
In the game of trading there is only Excellence or Failure. Failure as far as I'm concerned can take three forms: 1) blowout, 2) slow bleed, 3)...
Yes, the $2 Dow contract was discontinued. Unfortunately, there was not much interest in it. However, I think it would have been a good...
I like to view technical analysis as just one tool in a very big trader's tool chest, which consists of: * Capital * Psychology * Experience...
Exactly. On the 100 tick chart of ES, which is the main chart that I watch, the chaos looked much more orderly than on the time interval charts....
I like the DAX and DOW futures for the reasons stated in prior posts. The lesser liquidity is actually a plus if you are a momentum scalper like...
I think most people who say they don't use stops (and are successful) actually do stop themselves out of the market or even stop and reverse, but...
Can this guy teach traders how to not pull the trigger? :D Most losing futures traders I have met are victims of pulling the trigger TOO...
It was a great day. I love Fed days. They were handing out money on a silver platter. :D
Answer: NO Price and volume alone give me all I need to trade successfully. Although indicators are not worthless, I personally did not start...
I think that undercapitalization is one of the main reasons for the high failure rate among new traders. Think about this: If you only have a...
:D
Hi Brandon, I really liked what you said in a couple of your recent posts. [/b] This is so true. One of the things I have noticed about...
Roger, the main allure is that they require a much smaller amount of capital to trade than the big SP contract. Also, the eminis have attracted a...
I really like YM precisely because it is THINLY TRADED. In ES a lot of times you do not get a fill even after your limit price has traded several...
ES is an all-electronically traded futures contract that trades on the CME's Globex system. To get ES quotes, you need a data feed or broker that...
ES is the symbol for the S&P 500 e-mini futures contract. And, yes the ES is worth $50 a point, which is 1/5 the value of the big contract. PLJ
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