Assuming you are selling to get out....either the bid/ask has to trade above the market price, or the market price has to trade through your order...
You asked the same question a few days ago on a different thread in a different way. This was my response, not that repeating it will do much...
Let me see if I understand this right. You have developed a system that produces 50% returns on a backtest, has never been tested with real...
Because GS has the 2 things that really matter in life -- Size and Money :p
The best advice I ever heard ----->>>>> Trade what happens!
Right on learner, if the majority fail doesn't it make sense to buy what others are selling and sell what others are buying?
LOL. Nah, I just kinda roll onto the floor and dog drags me to the kitchen. The kids pick me up from there, carry me downstairs, rub some bengay...
Here is a system that will never let you down as long as you keep this tool sharp:...
41. Damn, I'm the old fart in this crowd.
I whole heartedly agree with your 10% equity guideline but if you can make more than 1 to 2 pts per day then you can dial your contracts back and...
Interesting thoughts f9. I guess it comes down to this....find what works for you and do it over and over. There are no two traders or methods...
I can make money in <i>all</i> market conditions. I would be flipping burgers otherwise. It just so happens that a choppy market is the...
Point well taken Anek. I used to do exactly what you describe but I found my stops would get triggered pretty damn near the bottom. The problem...
Exactly. If the market gives you money take it. You don't have to take all of it but take at least some. This puts money in your account and...
Interesting, this thread is still going and elite34s is long gone. I guess he had his fill of the ET parade?
This is essentially what I do except with the ES. Simple is better, imo.
how sad!
If the OP has a job then that's his job. If not, and he doesn't meet the other requirements then the IRS considers him unemployed. This is a...
You probably don't want trader status because it can open a can of worms and make tax reporting very tricky. 1256 contracts are M2M so you don't...
In the examples I attached the contract sizes are the same but I have done what you describe....start with 2, add 4 on the next, and possibly 8....
Separate names with a comma.