Knyyt

http://www.amazon.com/Trading-Dummies-Michael-Griffis/dp/0764556894 http://www.wiley.com/WileyCDA/WileyTitle/productCd-0470171499.html (For some humor)

I see a photo on Soul's post, and a link on walters post. Knyyt

Thanks for the replies , some food for thought. Knyyt

Interesting question really, one i have been grappling w/ for the last few weeks myself. I trade by setting a daily profit goal, and do very well by it. it is slow and predictable, you could say boring almost. My problem is when, in the past i decided to "trade all day".. i usually end up losing, maybe much like you said, revenge trading who knows. In the past, i thought alot of "% of daily range".. and it is viable, but for me i was not comfortable with it. For me, i view it as a performance measure. The problem with daily target goals as i experiance.. you never get to step out of the box, which is why i started my thread " higher level" to see/read others experiances. In the end, i guess.. it is every trader for himself.. what is comfortable for you may not be for me. maybe that is why they say people trade their belief's etc,etc... be interesting to see some replies on this, as i have read other thread's,sites, debate the ole profit target/no profit target threads and they tend to get lively! Take care! Knyyt

I am looking/ thinking of trading my trading to a higher level. By this i am thinking of other markets/differant hours, and higher daily targets. What i am curious about is the process others have done as they did this themselves. For instance, some believe in NLP, subliminal messages, hypno..etc.. My problem is every time i have reached for a higher goal, i seem to screw up somehow. anyone have said experiances that they overcame this? thanks...

Speaking of chatting... Anyone know where a free room where people that trade ER and ES hang out? i usually don't chat much but once in awhile i like to hang out after i reach goal but before 4 to relieve some boredom. thanks.. Knyyt

Here's mine,

Yes, here i am still experiancing slow load time,.. average time per page is about 5-10 seconds after clicking on the link. Knyyt

An explaination: Trade2Win Knowledge Lab: Squat Bars: A Methodology to Identify Short Term Reversals: Articles: The finest trading knowledge on the web!

I second brownsfan,.. we dont need another ET.. stay strict.. no BS smart-a**'s here ....

Would be interested in reading a transcript if available. Regards, Knyyt

TradeStation Platform & Data Fees That is the page that lists all datafeeds. Knyyt

Does Automated trading work? Of course. It is just a function of what you would do in a real trade, if you can find a way to mathmatically describe your method, and if you have a positive expectancy method you could automate it. There are several retail level automated programs currently available,TradeBolt,Ninjatrader, and several others that are able to work with tradestation. Regards, Knyyt

Depends alot on how you opened the account. Joint w/ rights of survivorship, etc,etc. And yes, they would definately need alot of paperwork to liquidate the account if you held it as an individual account. If i were you i would definately send out an email to your broker and ask them, dont just take someones ( my ) word for it on a forum. Regards, Knyyt

How is the TS datafeed these days for the mini's ER,ES,NQ,YM? Second, what is their Rturn commisions for the mini's and how many to get the platform for free? Thanks, Knyyt

IMHO, I am probably going to ruffle a few feathers here, but my belief is that papertrading is BS and a waste of time if it is for longer then say a week or two. Why do i believe this? Emotional stabilty. When you have no risk, it simply is not real. People will tend to "reset" their day after something did not work out. Would you really have gotten that fill at that price? Would you really be reading that porn site when you had that 5 contract (or 1000 share) position on? Taken that phone call while a position was on? Trailed that stop so far away or so close? I would agree that it is "good" to eyeball something for a week or two, to try something new, to get a vague idea if this or that is possible, to try out a new piece of software, to see how this indicator setting etc, etc worked. But after that.. it is my belief that its a waste of time. What i like to suggest to newbies, is to put on that trade. Just do not put on that 5 contract order, or that 1000 share order. Do it with 1 contract in a slower market, or 100 shares in a thick stock. Your emotions are on the line for real when you do this. Your alert, and concentrating on this trade. Will you lose money doing this? Yes. Will you make money doing this? Sometimes. What you are doing is learning what is working for you and what is not, and doing it in a way that you will not get into "to much" trouble. Order placements, record keeping, chart methods settings, stop methods, what you feel comfortable with, what problems you have in your head(fear,greed). After about 200 trades, do yourself a truthful review. How are your entries, your exits, are you attentive during the day, or are you easily distracted? Is this what you really want? Are you looking for confirmation in many places, or are you rash? Some food for thought... Someone once said.. "There is no perfect trade, only perfect practice." Knyyt

Idea being thrown out: You know some brokers out there trade "Mechanical Systems" for the individual. One idea i have tossed around to start for the next year is to set-up several accounts with these "brokers" ( after DD ) of course, and let these accounts grow individually. Heres the setup i was thinking about. Set-up 5 accounts. Fund each account ( or trading system ) with 10K. Specify the max# of contracts to be traded for each system. Specify when the account reached a "X%" drawdown, the account would be closed. ( I am thinking around 35% or so ) One obvious aspect of this is that they would need to be proven systems with long term track records that trade longer term to reduce the commisions + drawdowns. At the end of each year, clean out the accounts back to the starting funding level. (That is, if the "system" HAD profits). Then, could re-invest in a "new" system, etc etc and just keep rolling it over. Sounds almost like a glorified mutual fund with high expenses, ( or maybe similar to a hedge fund? ) Food for thought only... Knyyt

Excellent link there.... Knyyt

Good ST, You'll also notice that this person is a member of the other site and was before all this started, if you notice in PIC #2 that you have that she started a thread (Positive thinking vrs wishful thinking) before all this began on the other site which seriously casts into doubt she is what she states she is. Just another troll looking for trouble. Regards, Knyyt

niShant- Found this on the net for you. Equis International Online Community - Re: Other then that not sure. Knyyt

RSS debate: <<<Laws and Technology Collide Most people publishing content via RSS support republication of feeds. Because the technology is fairly new, the laws and legalities are still murky. It is assumed that content in RSS is protected by copyright laws but let us not forget the Internet is global and their is not a centralized body governing what is right or what is wrong. Not only does law and technology collide the laws of different countries, those creating the feed and those displaying the contents of the feed may contradict each other. It is for this reason, I would advise that publishers using RSS to assume that the contents of their RSS feeds will be syndicated and replicated. Tips and Tricks to Protect Your Feed. That is not to say there are not things that can be done to protect feeds. At the end of the day being proactive is the best way to protect intellectual property. Part of feed protection is ensuring that appropriate credit is given, this can be arranged by including a copyright assignment in the final line of the Item Description field. Additionally you can include links back to your website in the Item description field. Use teaser copy in the RSS feed's Item description field, linking back to your website which contains the full contents of the post. At the end of the day, protecting the contents of a feed can be daunting and limiting. Controlling your contents to ensure appropriate credit and links are included is critical. >>> So at the point where where the proper credit of the contents of the feed are stripped out and passed off as ones own "content" is where the line is crossed. Not sure what happened in this case.

Davinagirlie- BTW, every RSS also broadcast's "where" the original content comes from and also gives credit to the original author. Interview - Rob Kasunic, US Copyright Office . . . SP: What is the rule of thumb for using content from other copyright owners when republishing online? Does the Copyright office have basic recommendations? Unless there is a particular exemption in the Copyright Act for the particular use intended, get permission. While there are many discussions these days about the allegedly diminishing nature of fair use in the digital environment, many use the term "fair use" very loosely. Fair use is a case-by-case determination of whether a particular use is reasonable under the circumstances, such that a reasonable copyright owner would not require permission for the use. In making a fair use determination for each particular use of a copyrighted work, there are four factors that must be considered (see section 107 in the Copyright Act). One of the most important factors to consider is the effect of the use on the potential market for the copyrighted work. In the digital environment, the potential effect of posting a work on the Internet can be to completely destroy the market for the work. Therefore, aside from certain very limited uses, such as a short quotation, a criticism, comment or parody of a work, of some other very limited, reasonable use, obtaining permission is the only safe course of action. The Internet actually makes obtaining permission easier in certain circumstances through, for example, the Copyright Clearance Center, ASCAP, BMI, SESAC, or the Harry Fox Agency. It should also be understood that even if a person believes his or her intended use is a fair use, if the copyright owner disagrees with the assessment, copyright infringement litigation is one way the dispute might be resolved. It generally makes sense to obtain permission before using or republishing someone else's work online.

Nishant, Which version of metastock are you on? Knyyt..

Always advisable to roll-over when the forward contract has more volume. Also, IB offers automatic notification of roll-over. When you get the message, add the other contract and watch the volume. Automatic Futures Rollover Message Regards, Knyyt

Hello Januson, I do not have any personal experiance with Saxon, but doing a quick review of others opinions, seems like they are not trustworthy. re: Online Forex broker reviews | Saxo Bank Review | saxobank.com rating Looks like a Fx type of operation yes? I am sure if you asked around you should be able to get some better recommendations. ( All above is my personal opinion ) Regards, Knyyt