You sure look like after a great effort you have a very good understanding of the ES market dynamics, and you have developed an effective system and a solid risk management skill. One thing I particularly like your postings is you are honest and modest about your trades. Not like some others that are pumping up their ego and talk bullshits.
Markets are pretty exhausting and fatigue now after these two days of pumping and dumping. Interesting to see what comes after, tomorrow and next week.
I was short my limit in futures from 83 and 93 (88). Covered at 85 30 or so minutes before it imploded. Had a garbage bear spread in NDX that exploded. Try to buy prot when the market offers it. Would have made more in NQ but a win is a win. During COVID I bought 100-wide NDX spreads at the 20D strike for 12/100. If you don't want the rent on singles then spread. $1200/contract returned $10K.
I understood that. By RTH I meant "not counting pre-market" Are you trading for your friends? Why 5 linked accounts? (As always, I'm just asking, feel free to tell me go take a hike ) Oh, and congrats on your latest string of monster days.
There's nothing silly or naive about the idea of trading for a living. You never know, but I doubt Schizo is paper trading from his mum's basement when he's not flipping burgers at McDonald's You just need to accumulate a large enough stake. And that's of course way easier if you don't need to take $2000 every month for expenses from a $20000 trading account. It's good that you approach this cautiously, but the view from here is that you will get there. So "trade what you see, not what you think it ought to happen". --> I approve of this message
I highly doubt that will happen this time around. We've already made the double bottom formation on the daily, which gave rise to the monster rally yesterday. So, if we were playing by the book, we should be going higher today. But the fact that we've completely erased yesterday's gain negates any chance of that happening. Of course, nothing is written in stone so anything is possible. But the V-man should look into cashing his retirement account soon.