You just answered your own question!!! LOL! Everyone was calling for a recession and trading is a zero-sum game. Everyone on forums and social media was calling tops, shorted the market and bought puts(record volume on puts just before the breakout). The path of least resistance was up. What's going to happen in 2020 when everyone is saying the opposite? I guess you can figure that out for yourself. Technical analysis works and it works REALLY well if you know how to use it, but it takes THOUSANDS of hours of screen time!! There is million things that can influence the value - fundamental, news, blah blah, you name it. We can't possibly know it all. And when it comes to price, it's just a single parameter and it never lies. Everything is priced in. The markets move according to the suppy&demand, which is dictated by fundamentals. But as a trader, the why is not important to me. I will let the banks do the research and i'm fine just piggy-backing their sponsorship. It's about probabilities too. You'll be wrong a lot. P.s: Trading is the most miserable thing you can do with your life. Friendly advice is to avoid trading at all costs. It's one of the hardest ways of making money.
The basic idea is a sharp down move will crush call prices, it's just buying a pullback. Risk a hundred to win a hundred, but get the direction right at least 55% of the time
You sure this isn't like seeing patterns in the stars in the night sky? Surely, since you've put in so much of this hard work, you have great insights to tell us. How do you know when you win that it wasn't a false positive?
"You sure this isn't like seeing patterns in the stars in the night sky?" A: Finding when that's not the case is a big part of the work "Surely, since you've put in so much of this hard work, you have great insights to tell us" A: Re-read the "Consider..." entry "How do you know when you win that it wasn't a false positive?" A: Same as 1st Answer
Trade the Micro's with a catastophic loss or daily loss limit. Use TradingView's public Library and find a strategy that you like. Nevermind that the strategies there are for Bitcoin...try them on the MNQ. ES
Ok. What platform must I download to trade mini futures? Are these straight from the CME or a broker?