Do you want to play "the trading whore who sleeps most on the right side of the market with fastest set of drawers?"
Trading with stops loss in the futures market is for loser http://www.elitetrader.com/vb/showthread.php?threadid=222458&perpage=6&pagenumber=1 More than 90% of small traders lose! They just lose!!
emg, you crack me up, you call 100k a large trader? now I know your definition of small trader 5k or less no wonder you keep losing all your money hey man, and why you're at it, get a college degree, it couldn't hurt maybe when you graduate daddy will give you 100k and you can be a large trader
no kidding, more like $500/hr. Waren Buffet complains because his secretary pays a higher tax percentage than him, but on some days, the guy selling him a coke makes more per hour than he does.
Yeah...I actually agree with this....it is easier to get lucky with one day..than to consistently make it... ElectricPutItAllOnRedSavant
I admire your willingness to learn this profession, so i'm going to offer you free advice... take it or leave it, doesn't matter to me either way. Your 50 posts per day here in this forum teaches you nothing. By your own admission, your own words, you found today's price action a total mystery. While you and others stared at screens like deer in headlights or worse, selling into an obvious (and after yesterday, expected) trend session, those of us who know what we are doing leaned upside and raked in ca$h from those who lost. I'd respectfully suggest you invest way more of your own free time studying price action in charts, and way less time wasted inside empty threads like this.
Exactly what kind of advice is it that you are offering me beyond posting hindsight charts? Posting the good days is easy, can you post your P&L for one whole month or will you stop posting in those threads after the inevitable drawdown like happened last time? The market is predictable at certain points in time and I did read and call out for 1310 in advance, not after the fact like you do or seem to suggest that I did (deer in headlights). Should I post my fills also? The simulator trade at 1309,75 was a simulator trade because I did not have the confidence to enter with real money. Pity I did not, because that one would have been profitable as well. I do agree that I should stop posting though.