I understand a lot of people don't like the ETF's because of some of these issues brought up. This would be true for investing.....but I am a trader, which is totally different. CW

Silent Service Method

I would short it if it breaks below the pinbar. Maybe by about 20 cents.

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Watching this at the moment. — Watching MSFT at the moment.

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Most brokers that offer demos are last week's prices, etc. IB does something like this. TO be honest - I would just paper trade them for a while. If you go to IB, you should make sure you are used to the platform, as it's a lot trickier than MT4. ...

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IB is Interactive Brokers. IBFX is a different place.

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oh well.....now i wait some more. — Update of UNG......I still have the $12 October puts sold. Thought with the gap up today that $15.50 was overcome.....got clipped. It happens. ROughly a 2% profit so far, with options it will be a total of ...

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My responses in bold. I don't use them at all. Period. Funny how less stressful it is. Think of it like looking at the city below from the top of the Empire State Building. There is a lot of traffic coming and going.....but up there - it's a lot ...

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Actually, I have to second this opinion. I like their end of day charts a lot. It's a bit "clunky" at first, but it's really flexible, once you get a handle on it.....there are a ton of options. IB is my broker as well, and the charts are a friggin' ...

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that's the one i use.

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Funny thing is that I am in this because of the following thought process: Oil kept going up. I don't know why. There is no major demand story for it. Ok, well I can't afford getting into the oil futures market. So I looked at some of the oil ETF's, ...

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There isn't one so much....it's a long term play for me. Also, keep in mind I have sold several options in this contract - so I am in a completely different trade than you. CW $15.50 was the first "hurdle". I would like to see $18 before it's all ...

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"I'm sorry dear....I didn't know she was your sister!"

Last words of a trader

I once made $17.

What do you think Professional Forex traders Make?

Update to UNG trade. — An update to the Nat Gas play.

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Yes, I agree Diane....I am sure he has a lot to offer. Sounds like a lot of experience.

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Thanks Sharx......for all the compliments. I highlighted the above quote because I cannot stress enough how much this statement can really save someone's bacon. You guys need to read that one a day. By the way - played hockey growing up, Junior A ...

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No worries, and to be honest....it's about the grand scheme of things. In fact....always think of the "grand scheme of things" when placing a trade. Those are words to live and die by, my friend. CW

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To each their own, but if you did a little spreadsheet work, you would be surprised that 4% a month can make you very, very wealthy. I do find it interesting that you think psychology and discipline are overplayed. In your tag...it says "In ...

Do you still believe in the perfect trading system?

In this case yes.....because we are late in the overall move on this pair.....

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Yep, that about sums it up.

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