Thank you for the idea. If I plan on trading the emini next year I'll look into Xtrader. If I go forward and trade it next year I would expect to do 500-600 r/t's per-month.
My decisions are based on instinct. I keep track of yesterday's high, low, and close to give me some idea of where we are today compared to yesterday. I tried support and resistance trading a few years ago using pivot points and chart patterns. I lost money so I gave up on it.
I must have a hybrid of J Trader. My screen says Pats System and doesn't look like the J-Trader screens.
Maybe it's some piece of software patsystems developed for refco. I didn't understand why you couldn't enter limit orders instantly. With j-trader that should be no problem.
Exit short 1053.00 I put in a limit order to exit because the market traded up to 1054. I expected immediate downturn and it didn't happen so I just wanted to exit when it weaked a bit.
Thoughts Trading using 5 min. bars was a bust yesterday. I couldn't develop any market feel at all. Today I'll be switching to 2 min. bars. Since the bond market closes early I'll only look for trades for a couple of hours. I'm going to skip trading on Friday with it being a short session.