brownsfan019

I agree XD and if not talking about a complete stranger, I am right there w/ you. When I initially posed the question, it was from the view point of teaching a complete stranger your methodology for the purposes of making extra money. I do like the idea of an escrow account though... of course, that entails the other party being able to have enough funds to place in escrow and enough to trade so that it remains worthwhile for all.

What are you trading that liquidity is 'impaired'? Not sure when this time existed b/c as long as I've been trading and before that was a broker, this business has always been about making money for yourself. Some do that, get out and move on; others stick around and keep going for bigger returns.

3-30-09 Not much triggering on my end, but not a bad day in terms of net.

Awhile back I used them: http://disktrading.is99.com/disktrading/ At that time, very affordable. Have not used recently, so check it out before sending $.

3-27-09 Slower day as I am fighting a little cold or something. Just leave it at that and probably rest here soon.

Or... I can post it here, in the open forum. That's an option as well DB! PS How's trading going? Still haven't seen any calls from you in the chat room after 3 weeks!

^^ BIG surprise here everyone... Google that name and you are taken to a site that will be happy to take your thousands of dollars if you buy their junk. Just when you thought a new person around here wasn't going to spam for a site.

Which is... don't leave us hanging like that!

Chris - it can be a balancing act if working a smaller account and wanting to trade, we've all been there. One idea/suggestion - start watching the ZB charts and dom. Just see what it's like, esp. when it's moving b/c it can move much quicker than the ES at times. Prepare now w/ nothing on the line so you know what you are getting yourself into. FYI - the 5 yr note is less per tick, which could be an option if the tick size is intimidating on the 30 yr.

Thanks XD. It was so much easier too - calmer, more relaxed. Granted it was only one day, but it just felt better. Felt better to focus on prime setups wherever they might occur vs. feeling like I had to push it on 1 market. Those currencies sure are fun to trade. If you like to see swift profit or loss, good place to be there (in the AM hours). I was impressed w/ how quickly the 6J trade became profitable and by how much.

I've got a few stations on Sirius that I listen to, but mainly it's Octane during the trading day to keep the blood flowing.

3-26-09 Good start to taking the multi-market, refined entry approach. Missed a few afternoon trades when my focus waned, so going to have to work on that. Note - After a discussion w/ a trading friend I've decided to not include timestamps on the screenshots going forward. If you want to verify the prices, get your charts up and you'll see that price traded there at some point today. No point of providing an ambitious person the chance to reverse engineer my uber fantastic trading system.

Part of trading - take the good w/ the bad.

Jug - you should join us here!

BF - I have what I need, so don't spend time finding that unless you just want to post on the forum.

Well said sir. I remember you mentioning it in the chat room one day that you'd like to take a few of your prime setups, but on multiple markets... that's what I'm going to focus on more here. It's amazing how markets look if you look at a handful of them at a bigger view vs. watching every little tick of 1 market. If 1 particular market is stuck or flat like you said, oh well, just move on. But if you are only honing in on that 1 market, you have no other option. Well, that's the idea at least.

nice feature Chard. I am not using RT but that is nice.

B/c that is WAY too much work. And requires precise precision. Just like - why use charts and pay for that when you can draw your charts by hand...

XD - me too. It should be good to see how this works vs. focusing all on the bonds. Today was a good day in hindsight via this method, but I wasn't there mentally to get it all done. Should have, but didn't.

I think you mentioned it. Or it was a wild guess by me.

^^ great job finding a dead thread so you can plug your room!

3-25-09 Just took 2 ES trades today after I got myself settled in. Real work starts tomorrow.

I know. I hope I can adjust to the longer work schedule.

3-25-09 update - didn't do much on Tue as I was working on a few behind-the-scenes things for trading. After some thought and consideration, I am going to take this account in another direction which should hopefully yield a smoother intra-day equity curve. When trading, there are a couple options that most traders contemplate at some point and one particular consideration is whether to trade 1 market (and focus on that one) or trade multiple markets. There are pros/cons of each that we can discuss in another thread, but I've decided to take this account in the direction of multiple markets, with more strict entry parameters. The idea being to be more strict on my entry triggers, but trade a chunk of markets vs. hammering 1 market. We'll see as this could be a very good exercise for everyone to watch - good or bad on the outcome. Obviously I wouldn't be doing this unless I felt the switch was a good thing. The primary reason for a more broad focus and trade multiple markets is that the bonds seemed to dry up a bit for me after that Fed announcement last week. The intraday movements dried up and got slower, which was causing some issues for the way I trade. This is also why I tell traders, esp new, while you may want to focus on 1 market, it's always good to at least watch what else is going on out there b/c if you pigeon hold yourself to 1 market, you may be missing other opportunities. While I had been focusing on bonds recently, I constantly watch the indexes, currencies and oil to see how they are reacting. I may not trade there, but I have my charts up to see what's going on there. And it's a good thing I did b/c if I had been so narrowly focused on just bonds, I wouldn't have seen that the indexes and currencies were doing well on my trading parameters (esp the currencies). So going forward on this account, the markets that will be watched and potential trades coming from will be: Bonds - ZB, ZN, ZF Indexes - ES, NQ, YM Currencies - 6E, 6J, 6B At first glance that could seem like a lot or overwhelming to some, and it can be if you are used to trading 1 market. The advantage of having all these charts up at all times is that working a trade there is just a matter of clicking the DOM as my eyes are used to the constant checking and monitoring of these markets. Again, the reason for this is to take better trades on the markets that have the trades vs. being focused on 1 market and feeling like I could be forcing trades. The downside here is that I will have to trade a few more hours during the day (probably till 2-3pm). So, it's going to require a little more focus and patience, but my stress level intra-day should hopefully go down as I know I am just working my best setups.

Update - book looks like it is available and shipping.