@Overnight If 3820 hits, then you must refer to me as the ES whisperer. If it doesn't hit, then go f yourself.
Hhaah, I'll take 3820 go fuck yourself for $100 please, Alex! What is going to really suck is if it hits 3815 and then zooms to 3900.
Remember I said my w/l rate is about 50%. Anyway what works, or doesn't, and how often is dependent on each individual situation. No way to test that. That is what the random walk folks always get wrong.
I would have to disagree with that statement, This is not a challenge, but if we both opened hypothetical fantasy accounts with $100,000 in them and see which one of us can grow those accounts to as large as possible....you with long term commodities....versus me with day trading, options, ....I am fairly confident I would surprise you, overall, in the end -- by a clear, obvious, even stratospherical margin, The secret to producing vast wealth, returns, in the market is simple. You need many revolutions, trades, combined with leverage/options. And just let that nuclear bomb of destruction spread across the land.
It's like anything else: Experience eventually makes it "easy". It baffles me that people think trading is somehow different or magical. It's WORK. You have to be smart, objective and the type of person that is bored in a casino. You have to figure it out.
One of the things I said last night during weak Globex volume period with price dropping was:- "If price is moving much, but volume isn't question the sustainability of the move." And not too long after I shut PC down and went to bed, downtrend reversed to uptrend till RTH open. Volume is still lighter than Weds but not as dramatic.