HAHA. The volatility is GREAT indeed. I am trading the MNQ routinely, and it is a crazy ride sometimes. The MES, on the other hand, has very...
I am still finalizing my max per-trade Draw Down, but on the day, it is 5% per day. At $7k, that would be $350. This would give me at least a...
To finish up with my last post, here is an actual chart from an actual trader. QED. [ATTACH]
I use a 7 tick range bar candlestick chart on the ES as my main chart. I showed a picture of it previously. But indeed, the Line-on-close chart...
You must be talking about the first two trades here? [ATTACH] The CDelta was fairly strong long at the time and I did, in fact, average down....
Thanks for the encouragement. "BANG FOR THE BUCK" is an interesting phrase that fits perfectly with the "high-probability" idea. And you have...
Where can I see the "proof" you mentioned that supports my personal observation? Thanks.
I should really proof read my posts before I hit send. I see so many errors. And to think I got an "A" in English in high school. I need to...
Great chart. I will work on this.
WOW, pretty amazing journey on both the good and bad. Great cautionary accounts of your friends. Your comments are welcome.
I am actually trading all four indices S&P, Nasdaq, DJIA, Russell with micros. I have done the hedging you discuss in the past (taking an...
Yep. Mental only. It's all about psychology. It was an important discussion I had with him. Maybe there is a word for a "Dark Side Epiphany"...
Yesterday I took 35 trades, and you saw the charts with about half of them - hot off the press. With 98 dollars NET profit after fees, I got...
Thanks for the great explanation. Indeed, "the mental game" is the entire focus of this journal. After today, with about $90 net profit, my...
I am guessing you are not referring to Pacific Daylight Time. LOL. What is PDT?
Before the micros there were only E-minis. Need I say more? Okay. I will. This is an semi-abbreviated version of my whole story of the last...
I like to hear from everyone and see what good ideas there are. The BIG problem with POLITICS in the USA (and probably everywhere) right now is...
Thanks for taking the time to write that. Lots to think about. Good stuff. Two weeks trading is not enough time to get any good stats. In two...
I probably said I am doing better at going with the trend. But my main mode is mean reversion. The market is ranging 70% of the time I keep...
I agree 100%. My main mode is mean reversion, but indeed sometimes the market tanks and sometimes it shoots to the moon. I am prepared for...
Separate names with a comma.