The Trading Zone- Every superlative and more

Discussion in 'Educational Resources' started by Dennis Dorsch, Aug 16, 2007.

  1. I wonder if this geri guy even knows the answer...:p
     
    #101     Aug 21, 2007
  2. Since 7am est, I've traded long 1451.50 = out 56, short 55 out 51 and short 52 out 50.

    How many points is that? One contract = +10pts, three contracts = +10pts or +30pts?

    The answer is literally that simple to explain. Like I said, no need for further response. The manner in which it was responded was enough in itself.
     
    #102     Aug 21, 2007
  3. Probably not. Some people, when faced with their own ignorance, will say, simply, "I don't know", then proceed to find out. Most, however, become belligerent, as if saying "I don't know" makes them less of a man (women are far more likely to say "I don't know" in the first place).

    LC
     
    #103     Aug 21, 2007
  4. SPAM
     
    #104     Aug 21, 2007
  5. Get yer snake oil here
     
    #105     Aug 21, 2007
  6. maxpi

    maxpi

    I bet that room can turn trading into a kindergarten where the teacher is real nice to the kids and nobody says bad words. Do they really all stop and tease you about your name when you go there? I bet you just fawn and wiggle around and bask in the attention ......and the spotlight is on you!! You matter to somebody!!
     
    #106     Aug 21, 2007
  7. do these guys use marketprofile?

    surf
     
    #107     Aug 21, 2007
  8. nkhoi

    nkhoi

    yes but not in official 'CBOT' way, no idea what it means but that is what they said.
     
    #108     Aug 21, 2007

  9. thanks--they seem to push it bigtime on the website, but the way they trade appears different---

    surf
     
    #109     Aug 21, 2007
  10. KiwiRoo

    KiwiRoo

    Hi Austinp,

    I just spoke to a room member today and got this clarified for you. TTZ tallies points conservatively so they measures only from entry to exit. With your example of +1, +3, +20, it would be a 20 points move instead of +24. And Net points end of day would have already taken account the trades that got stopped out. So for example, if one trade got stopped out at -1 then total for that day would be +20 -1 => +19 for the day with your example. Hope this clarify your question. Therefore, on those 2 days Sec got 93 and 150 points, this would mean (sum of all max point) – (sum of all stop loss hit). (Sorry I couldn’t answer this before as I wasn’t sure and don’t want to give misleading info. You should confirm this with Sec/Greg again though).

    Cheers,
    KiwiRoo
    (abctrader00)
     
    #110     Aug 21, 2007