Several famous traders started out by paying for dubious subscription services like this one (Darvas and a few of the Market Wizards I think?), so...
Long 6767, Stop 6702
Looks like the PPT is finally stepping in.
Pretty big intraday reversal, I might get stopped out here.
Edit: Stopped out on NQ @ 6780
2x is kids' stuff.
real men buy 3x etfs.
why buy ultra dow when you can buy ultraPRO dow?
This looks like a great journal. I hope that you continue posting.
Last year I did something similar. I traded GC, CL and LE concurrently using...
NQ probably overstretched but I'm gonna take a long anyway. Long 6688, stop 6625.
Buy BTC on coinbase, send it to bitmex and trade their futures contracts with 100x leverage :cool:
As Ryan Detrick notes, "since 1950, when the first 5 days are up over 2%, the S&P 500 is higher for the year 15 out of 15 times with an average...
You are correct that IB intraday margin is ~$4000 while other brokers like NT (and AMP, among others) offer $500 intraday margin....
-50%. I am not an elite trader.
MRCI defines correlation as both instruments closing higher or lower on the same day, so you're correct that it's not based on returns.
Looks like over the past 180 days, Nikkei futures and CL have a 0.85 positive correlation. 0.89 for Brent.
Get long boys, we got at least 700 more handles to go.
Nasdaq-100 = Orange
Dow = Yellow
S&P = Blue
Are we at Jan. 1999 or Jan. 2000?
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