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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Richard Estes who wrote (5627)	11/22/1999 5:57:00 PM
From: OZ	Read Replies (2) \| Respond to of 18137

Richard, I know this is not the Q thread, but it is definitely relevant to many here. How do I get a line drawn on the daily to show on an I/day chart??? Thanks, OZ

To: Richard Estes who wrote (5627)	11/22/1999 6:09:00 PM
From: Robert Graham	Respond to of 18137

QCharts is a very nice tool that I use in my trading of futures. I have incorporated the use of multi-timeframe views in my trading, both to determine likely areas of S&R before trading begins, and also to monitor the changing picture with regards to S&R and price action during my trading. I have learned allot about the market from the flipping between time frames, and have a much better understanding of S&R and price action in the intraday domain down to the 1-min time frame. I have been trading SPOO futures on a simulator that does all too good of a job in messing with the fill of the order in what appears to be a remarkable number of ways, including the system going down in the middle of a trade. But due to actual bugs in its order filling and its account reporting of the previous day, I need to move on to something else that is more workable for me. For instance, the last error that started me looking elsewhere for a practice tool was a fill substantially off from where the price was trading at the time of the fill, checked by T&S. I can tell by the "garbled quality" of the price that it is a programming bug that filled me at a value that simply is not available with the e-mini that operates in quarter point ticks. I may instead start out with one contract trades with real money. Despite the changing, congestion prone market, and my order entry interface, both providing me with a substantial challenge, I have learned how to manage the losses of trades very well. I am now refining my technique for the different kinds of markets that I encounter while trading the SPOO which has lead to a better appreciation for price action. I can say that a few months trading the SPOO both on paper and with the simulator has improved my trading more than the past couple years of experience with trading stocks and options have. This includes learning more about myself and how I respond in particular situations. It has been an incredible experience for me that continues to be an ongoing adventure. :-) Bob Graham PS: I apologize for the aggressive nature of my previous post to you. It was one heck of a day with most everything going wrong: unusual one point slippage, fills at market that take several minutes, unusual amount of web browser errors when entering orders, very late fill reports, a report of the previous day's trading showing a loss when I booked a gain even when considering commissions and actual fill prices, and other things I do not want to mention here. Fortunately, trading the e-mini in regards to these specific problems will be a "walk in the park", or so I am told by those who have went this route and now have been trading the e-mini for some time. We shall see.