brownsfan019

Entering on stop limits can be dangerous as the above poster said - you will basically guarantee fills on all losing trades and guarantee missing some winning trades. Not my cup of tea. I'd prefer to do the opposite.

From here: Only Chart Package.exe 3.5.0.10 has been released, charting in our platform runs off a different executable. Trader.exe (the main platform) is still version 3.5.0.9. As a result, all is ok. The Help > About menu only reports the Trader.exe version and does not report the other components like RSS Feed, Market Replay, AutoX, Market Delta plugin, etc.

Yep, stuff happens. There's always someone trying to work a loophole. Unfortunately it happened. Everything still perfectly fine on my end w/ OEC.

^ That is way too much work. FF w/ Adblock Plus is the quick and easy answer for us non-techie guys.

Firefox w/ Adblock plus is great. I don't know how you guys surf sites w/o it. I hardly see any ads.

You guys need firefox w/ adblock plus. I don't see any of that stuff. I also go straight to the forum, not the main page so that could be it too.

Thanks for reminding me why SnagIt is the greatest program ever.

That's what the P/L thread is for. You can post what you want, no pressures to meet a random objective, etc.

I am floating around Surfer. Just needed a break from the grind of posting daily and most days by myself.

While I enjoyed watching the race from the sidelines, as I said at the beginning - this goal was very unrealistic on such small trading accounts. IMO it was not in the spirit of trading but a casino if you wanted to possibly reach the target. It's disappointing that many just kinda disappeared or had other business interests to attend to. Some of you guys hate when I say this, but I think it does stress to be careful who you take advice from as well on forums. If they are trading part-time or as a hobby, that's a little different than someone who does this for a living.

Ask nicely and they may extend it. Otherwise I think it's $25/mo for it. Not sure what eSignal charges for data, but if it's less than what TS is charging, then could be an option.

You can plug eSignal data into OEC. Could be a cheaper option than TS.

Well, price did exactly what you thought - it retraced on resistance. It may not have been a big retrace, but price did find a reason to test the level and then retreat. So really you are talking about buying a break of a level, which is fine and very tradable. Exactly how you do it will take testing on your own to see what you are comfortable with. It's easy hindsight trading, but that looks like a pretty nice pullback to your 98.50 level. It's also a function of the market you are trading - the ES is excellent at finding some loose stops and then resuming the move. While you test the ES, also test some other different markets such as Oil, Gold, Bonds, and the Euro. Take a look and see if your levels are better respected there.

That's an excellent dissection of the numbers. Once you know as a trader what your win/loss rate is, then you have an idea of what to expect over time. For example, I know that if I can win just 34% of the time, I can break-even. Why do I love knowing that? Bc it doesn't take much just to break-even and everything over that is profit. I can go 40% in a day and come out ahead - even though I lost 60% of the time. Obviously the goal is to win as much as possible, but it's also important to know your numbers as a trader. As you gather your numbers and know what they are averaging, it makes it a little easier when you take a few losses in a row. It's not easy mentally when you take a couple shots and lose to take that 3rd or 4th shot, but if the numbers back you, it's a little easier to fire that bullet.

Successful trader = one that pulls money out of the market Unsuccessful trader = one that provides money supply to successful traders This business is all about $$$$. That's it. Either you make it or you don't.

For me, stops have to make sense - that is, they have to be placed somewhere that is not likely to be hit easily on little gyrations. If you are using arbitrary stop levels (based on a fixed loss), then that's asking for trouble esp on the ES. Your comment is a little odd too - you say you are buying resistance? I would normally buy support and sell resistance, so not sure what you mean there. Stops are there to get you out when the market has proven you to be wrong, not just a random number you may have picked out of the air. So if you are buying support, your stop needs to be below that level and above when selling resistance.

How to post chart That should walk you through how to post chart in thread.

Open ECry has a nice platform that includes data - however, there is not a ton of historical data provided. For live traders it is free - platform and data - so that is nice, but you may need more data than what is provided. You can plugin eSignal data into OEC as well for additional data. It'd be nice if OEC had an option to purchase more back data, but that is not available currently.

Try sending a support ticket to OEC as well. I'm not sure if your request about the indicator alert will work at all or as you want, so no point of wasting time if it's not available.

I don't understand the idea here. Please explain further. I'm not sure if you can create an alert like this; however, I've used coloring for this purpose before and works nicely. This will color your bar/candle based on the parameters you set. Anytime that parameter is met, a coloring will print on top of your normal bar/candle. If there's a way to do it via alerts, I'm not sure but in the meantime you can try the coloring out.

Another way to do that or to view a different contract is just start typing the symbol directly on the chart. A little popup box will appear and you can pick the contract there. Say you had an ES chart up but wanted to pull a RLM chart quickly, you could start typing RLM on that chart, pick the RLM contract and it will change. Pretty handy if you just want to take a peak at something w/o rebuilding a new chart.

If you want flash and something that will wow people when they walk into your room, I've found mounting a bunch of smaller monitors gets the wow factor. I think it's mainly b/c most people would never use something like that and it's like - WOW, look at all those, he must be important. I used to use (but still have) a 6 monitor stand with a 3x3 mount and to this day people get wowed by it. At one point in my trading I thought I needed all of that too but as time has progressed and my focus has gotten better each year, I use less and less screen real estate to actually trade from. For now that monitor stand and monitors is a showy table decoration.

Yep! And it's weekly just like the op promised!

I've traded with Open ECry for awhile and always had good fills on my orders. Platform and data are free, commissions are competitive. Take a look at the demo and see if it has what you need.

Steven, I brought the idea over from ET and started this thread initially. As with many threads, it was popular at first and then just a couple posted - much like the race thread now. The goal of the p/l thread is listed here. The biggest difference between the p/l thread and the race IMO is that there is no silly goal at the end of this thread. It's about posting for discipline and accountability. It's nice that Dinero is posting again and I may join him again if I feel like getting back into the daily posting effort. In the meantime, it would be nice if others such as yourself and anyone else reading joins Dinero as this thread is about daily accountability and consistency; not leveraging your account to the max and swinging for the fences.