I'm way smaller piker than you and have the brokers kissing my ass, or that's the way I like to see it. By the way, if anyone has a cracked Quotetracker code, please PM me. My minions and I hate to pay for stuff that used to be free just because some Ameritrade broker wants me to open an account with them.
+ $58 Mainly testing ES strategies in sim today as well as ATS strats for different time frames and stocks with wide spreads. Had a couple small trades live: Short ANF @ 36.63, pullback from 2nd lower high, covered @ 36.36 off oversold pivot for +$52. Scratch trade on X later in the day that wouldâve returned well at the very close, but got shaken out on a retest of the HOD.
Well i am not interested in anyone kissing my ass, no ego here. I as well as anyone else knows when a broker is making a buck off of their amount of trades. Like, NO BIGGIE!!!!! Ok, done with the subject. ............................................... Nod, What is going on with ALL of our food? I mean even fruits and veggies are not nearly as tasty, juicy, sweet etc as before. I am always amazed when i have not had a particular candy bar for instance for x number of years and decide to munch on one and the flavor is not even close to how good it was before. Kind of disapointing to say the least. Example: BRACHS bridge mix, used to be great, now nasty. The good ingredients are long gone to bring out a cheaper product with the same name. Shameful. Keep working on the trading.
Tried a different room today, better results, but i did not take one of their trades due to same fear of giving back a profitable day. Switched back to sim for my own trades. Trying to notice what is similar to my own winning trades vs their winning trades. Using room, just to build up the courage to stay in trades longer. Once I have positive results for my own trades on sim for the next month, will go back to just trading my own signals with real money. I have learned some things from these rooms that has helped with my trading setup documentation on when to take and avoid trades.
I used to like McDonald's big macs when I was a kid, now they taste like rubber. Maybe they added that to their food to increase the nutrient content. Do you smoke? Food will not taste as good if you are a smoker. I used to love See's candies even about a year ago, now they taste like crap. I think I will try an Almond Joy, see how that tastes. I still like the taste of good whiskey and most food at Cheesecake factory.
http://www.fanniemay.com/assets/homepage/center/SkeletonPlate694x285.jpg Fanny Farmer use taken over by fanniemay. Used to deliver to fan farmer in Chicago and would buy 5 lbs of seconds at the factory and gave them to the ex to take to work for the gals...........""get some meat on the gals cans" http://www.fanniemay.com/index.asp?refcode=fmgoobr&gclid=CKSC74T8vp0CFSXyDAodPkLIjw
I know what you mean. I ate an M&M the other day, first one in years. It was a foul tasting POS. I KNOW they didn't taste like plastic-coasted, sugared-up wax when I was a kid, did they? Quality's gone out the window. It's all about how cheap can we make it and still call it "X"? I eat almost all organic or food from friends' gardens. Almost no processed foods at all. Still working on the trading, all sim today, because although I've been making sim $$ hand over fist scalping ES small moves with large positions, I would not feel comfortable trading that size live, and so I'm working on managing small trades for 2 or more points. The problem is I grab 1 or 2 points per trade because in these narrow range days I can't find a comfort zone that says, "Hang on to this position." Maybe that's the best you can do when day trading narrow range days like this. I'm also still sim trading crude oil, with great success in pre-market especially. I had a couple nice pre-market trades for +$685, then shortly after the open I had to take care of some things, but just before I left I went long crude in sim @ 75.31 five minutes before the inventory numbers. I had no idea the report was due at 10 a.m. because when I checked my Economic Calendar pre-market a typo posted crude inventories @ 14:00 p.m. (it was corrected later). My position became profitable immediately and I moved my stop to b/e and was stopped out b/e about 3 mins before the news spiked it above 76.00. If that was a live trade and it went the opposite way with that kind of speed, the slippage alone wouldâve killed me. Later, figuring there were a lot of trapped shorts, I later went long 2 cars crude as it hit the HOD @ 76.27, sold @ 76.50 just under 20 seconds later and made $460 sim dollars. Next crude strategy I used was as it pulled back toward the EMA from new highs on the day. I executed a short scalp to catch a piece of the downward momentum for +$129 in 1 second. Still working on the ATS, testing the best methods of managing the trade. Mr. NoD developed a nifty stop management strategy that keeps you in the trade until a major pivot occurs, but it's still being debugged. Alternatively, we're planning to test fixed stop/target strategies with 1:2, 1:3 and 1:4 R:R.
No live trades today. In a stock account that I manage, my double up of adding 2,000 more shares at $ 1.34 of NEPH is starting to pay off with the stock at $ 1.70 and over due for FDA decision. Goal is to make $ 4,000 to $ 8,000 profit on this trade real money and take 1/2 out for living expenses or add all profit to another stock that I think will double in a few months.
Congrats on not doing much, if any processed foods. I never have traded crude oil or nat gas futures electronically. Fully agree they can be exciting. I wonder how the spread in both are for getting fills when just going in there and hitting the mouse with a mkt order by diming the bid or ask (hitting a tick above the bid or hitting the ask a tick below the ask). I know in ES when i do that i usually get in where i hit the mouse,,,,,,,,, and the good news is, when i have been filled 2 ticks away.......the mkt is strong and usually the trade works. Thats also where backtesting must be taken with a grain of salt.......backtesting assumes all fills were perfect and none were missed. Have a good evening. PS: ES will always be my main squeeze ........but i do remember the 70's where the stock mkt was like dead in the water and grains were hot. Mkts channge thats for sure..........look at the last decade in the stock mkt for the "BUY and HOLD" fools in mutual funds.............in general they just witnessed a LOST decade while the daytraders were in for all the fun.
Playing the breakout thru the HOD was easy, as price approached the high I placed a sell stop in advance as protection, then the moment price hit the high I hit the bid and caught the wave. The action is sometimes so volatile I felt it only safe to trade with the sell stop in place first, ha! Premarket, it's very calm action with a tick or two spread and I basically just hit the bid or offer.