My swing baby, swing account now has two micro positions. I know this might seem like a lot of work for some(one). But this is training for me. Target take profit on MNQ is 20983.75. I have a sell limit well above that level. If and when price gets that high, I don't want to take profits if it breaks higher and decides to head to 25K. Hard to believe NQ is up almost 200 points from its LOD and the stock market hasn't even opened yet. Makes me somewhat suspicious that this is the pump before the dump. I do expect some selling at the open, but who the heck knows? I'll be watching for price to get below Friday's high before considering cutting my loss short on it. MES is still a hold as I bought well below the current market.
I'm still AWOL swamped by work, but I had a plan to see if I could buy a dip this week. Seems like that opportunity was overnight.
I may have figured out what I want to do with my life. If I can grow into swinging the minis instead of the micros, and maybe swing 3 to 5 contracts at a time, then I can swing baby, swing and leave behind all manner of grind.
Managed to capture that dip to 5900 with an entry at 01.50, but not getting greedy on it. Closing it out on the next push above the HOD. First trade in a while... Stat. model gives high probability of a close in the upper range of the day with a small chance it prints the HOD into the last few minutes of the day. SPX seems like the new NDX. How many all time highs did SPX hit this year versus NDX?
Went flat at 09.75. I see potential for more, but first trade in a while and I'm trying to not be greedy. Just wait for the indices to get very oversold (it happens once in a blue moon) and scale into a swing. Risk free money.