tag:blogger.com,1999:blog-709390629316238746.post4730522390713051583..comments2023-04-16T05:11:52.660-04:00Comments on Don Miller Trading Journal: Thursday Notes - Seeds of Momentum?Don Millerhttp://www.blogger.com/profile/13263493919935087931noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-709390629316238746.post-91028740117624228962009-01-15T23:27:00.000-05:002009-01-15T23:27:00.000-05:00Sym -No problem at all with the quesitons.I use TT...Sym -<BR/><BR/>No problem at all with the quesitons.<BR/><BR/>I use TT (Trading Technologies) for order entry and ESignal for charting.<BR/><BR/>I'm going to put up a link shortly in the left hand margin to fully describe the platform and general trading station setup as a reference tool.<BR/><BR/>Stay well.<BR/><BR/>DonDon Millerhttps://www.blogger.com/profile/13263493919935087931noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-54595963497642109122009-01-15T23:23:00.000-05:002009-01-15T23:23:00.000-05:00ahah cme member yes , im aware of that .. i saw ME...ahah cme member yes , im aware of that .. i saw MERC :) <BR/><BR/>that's a good size position , can i ask what platform you use to trade on - im new to your blog so im sorry if im repeating alot of answered questions alreadySymmtricalhttps://www.blogger.com/profile/06278435750438230975noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-569319191119868612009-01-15T23:14:00.000-05:002009-01-15T23:14:00.000-05:00Hi Symmtrical -As a CME member, I pay reduced comm...Hi Symmtrical -<BR/><BR/>As a CME member, I pay reduced commission rates which encourages members to trade more frequently and thus help add to the market liquidity.<BR/><BR/>Like any trader, I can trade as frequently or infrequently as I choose, although if I never traded I wouldn't recoup the cost of the seat lease.<BR/><BR/>I do use multiple intraday timeframes (1, 5, 15, 30, 60, 120-min), although by the time you move up to daily and weekly charts, they're pretty irrelvant for me.<BR/><BR/>The # of contracts varies, but you can click on the performance chart in the left margin to get a feel for current counts. It usually ranges from a few hundred to several thousand, with the average likely somewhere around 2,000.<BR/><BR/>DonDon Millerhttps://www.blogger.com/profile/13263493919935087931noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-21783192872988533212009-01-15T19:47:00.000-05:002009-01-15T19:47:00.000-05:00"as a member of the Merc "not sure what this is pl..."as a member of the Merc "<BR/><BR/>not sure what this is please explain this , because u are a memeber of ...... you have to take trades which are losses ? <BR/><BR/>Don , i have found by using the weekly and daily i can pinpoint exact points of moves in the intraday , it is unique but it works for all intraday markets - the basis is what is known as Multiple Time frame entries have heard of this before ?<BR/><BR/>- also can ask how many contract you use in a given daySymmtricalhttps://www.blogger.com/profile/06278435750438230975noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-76206081138795003292009-01-13T04:35:00.000-05:002009-01-13T04:35:00.000-05:00Hi Symmtrical -Keep in mind I often provide market...Hi Symmtrical -<BR/><BR/>Keep in mind I often provide market liquidity as a member of the Merc and will frequently fade brief unsustainable intraday overextensions.<BR/><BR/>As a short-term liquidity providing scalper, the daily and weekly charts are pretty irrelvant to me.<BR/><BR/>DonDon Millerhttps://www.blogger.com/profile/13263493919935087931noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-19828095266204186092009-01-13T02:36:00.000-05:002009-01-13T02:36:00.000-05:00don , i cant quite understand why you went long on...don , i cant quite understand why you went long on a clear daily and weekly downward trend...Symmtricalhttps://www.blogger.com/profile/06278435750438230975noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-41352214927211648582009-01-09T06:22:00.000-05:002009-01-09T06:22:00.000-05:00Luke -A little of everything. Just lighter all ar...Luke -<BR/><BR/>A little of everything. Just lighter all around ... fewer sequences, lighter sizes, less adding to position, etc.<BR/><BR/>DonDon Millerhttps://www.blogger.com/profile/13263493919935087931noreply@blogger.comtag:blogger.com,1999:blog-709390629316238746.post-89624579606861714082009-01-09T01:44:00.000-05:002009-01-09T01:44:00.000-05:00hi don,when you´re talking about trading lighter s...hi don,<BR/>when you´re talking about trading lighter size, does that mean your initial position size will be smaller when you enter a position, or does it mean you will not scale in (pyramide)as agressively when a trade is going in your direction? or are you taking all trades with same size but simply being more selective about which setups you trust?<BR/>lukeLukehttps://www.blogger.com/profile/17667622147706937980noreply@blogger.com