YM Traders

Discussion in 'Index Futures' started by volente_00, Aug 23, 2005.

  1. so close volente... that was close call yet again.

    Volumeless rally the last 2 days, it has to fall sooner or later.
     
    #2481     Nov 14, 2005
  2. Only around 17 dollars made today on my day off of school with commissions.

    I can't complain, today is only the second day i have been able to trade the whole day... but I am learning so much and am greatful for it.
     
    #2482     Nov 14, 2005
  3. djxput

    djxput

    JM

    long time ...

    was a tough market today JM; no real trend; least nothing that I liked.
     
    #2483     Nov 14, 2005
  4. mhashe

    mhashe


    why don't you scale into your position.
     
    #2484     Nov 14, 2005
  5. mhashe

    mhashe

    Ask your guru to tell you how he defines a choppy market. It's good to sit these days out since traders tend to give back all their profits because of the B.S. action.
     
    #2485     Nov 14, 2005
  6. Oh no, he didn't like today either... most of the day was spent joking about how little movement there was. I had several opprotunities, but I just wasn't into today, it is the first time I ever seen a day like this, that is why I said it was a good experience for me.

    It was a crummy day. Same thing in the P&L thread in the other forum. Everyone seemed to have a bad day, or at least not their best. Figures it had to come on my day off.

    But it was fun regardless. I learned a lot and am really happy with how much I have progressed. Still a ton more work to do, but in 2 1/2 more months, I'll be able to trade full time, and I would like to post P&L every day.
     
    #2486     Nov 14, 2005
  7. BTW, I kinda thought today was going to be a slow day today, because of where we were at on the daily chart. Notice how similar it looks to the last time it touched resistance, so I was kinda expecting this, but never experienced it before.

    I'm just curious as to what people think will occur tomorrow... a move upwards and break resistance possibly, or a move down to resume the trading range..... any thoughts?
     
    #2487     Nov 14, 2005
  8. mhashe

    mhashe


    To short I'm waiting for a break below 10660. To go long I'm waiting for a break above 10760. I'll let you guys have all the fun in the middle of the trading range :)
     
    #2488     Nov 14, 2005
  9. I was simultaneously watching ER2 today and saw a fairly nice downtrend going on while YM chewed away.

    I've often wondered if it wouldn't be better to trade a coupla futures instead of concentrating on just one.
     
    #2489     Nov 14, 2005
  10. bigbob

    bigbob

    I haven't been around for a while, but am happy to see that this thread has grown to over 400 posts. Good trading to all.

    Big Bob
     
    #2490     Nov 14, 2005