yes. some people just like the volatility. if they see it move sharply one way on heavy volume, that's all the confirmation they need to fire away.
Day 4 Net +1841 on 23 ES traded. Shorted at 60.5, rode it up to 65, rode it back down to 58.5. Need to stay disciplined and cut losses sooner....
Thanks. I wanted to see if I can get cheaper commissions w/ IB, but it looks like no.
I trade on Tradestation now, and they have the same price scheme for futures commissions as IB's unbundled rates. If you trade >300, the...
start with 1 futures contract like ES or ER2. make your account size the minimum to trade that contract. Tradestation and IB min account open size...
DJ or Reuters news usually put up separate headlines for guidance and items of note from the release. But yes, most people just trade without all...
Yes, thank you. One bad habit I have wrt rangebound days is to think something will break out of the range. Very much psychological, and something...
Thanks DonKee, good lesson. One thing I also have to work on is rangebound slow days. It's usually when I do something stupid and lose money. I do...
Yes, I learned the hard way that, indeed, some areas are heavily defended on ES. I didn't have floor pivots on as a chart, but have now turn it on...
Admin/moderator, please move this thread to the Journals section. I'd like to use it to keep trake of progress. Thanks, Bandit
Day 3 Couldn't stay out... gotta work on that discipline. shorted around 73, covered around 78 for loss. went long at around 78.25, sold at...
Day 3 Net +1525 on 15 contracts. I'm loving the liquidity ES provides. Basically shorted from 78.5 to 76.5 averaging in and out. One thing...
Day 2, net +2800 after commission on 15 ES. basically rode the drop from 80 to 75 and called it a day. volatility helps when trading ES since it...
I thought about that to save on commission cost. however the downside is that I couldn't scale in/out as much as with ES' 1 contract, or would...
1st day trading ES full time. Today's net is around $1300, so I may call it a day early just to get the win under the belt. I made about 900 on...
Thank you Austinp, very good points. I've been reviewing ES tick data and it does seem better suited to thought out entries instead of emotional...
Thanks GC. I'll do a search for ES scalping and see what I come up with. DAX hours are a bit early for me. Does Tradestation have a good DAX feed?...
Yes, what do you want to know?
Yes, I do very short term trading on the ER2. My average hold time is 10 minutes, and I try to capture $0.50 to $2. Will this be a problem on the...
Thank you brownsfan019, increasenow, NihabaAshi, and DonKee. Very interesting point about time not really being a factor on volume in ES. ER2...
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