Prophet is good facultus but I look for something more. Is there any website that I can see historical intraday charts and be able to go back as far as several months and then go through the chart bar by bar. Thank you happiness to all of you Hamb
Make sure you have entry rules for your system and follow them exactly. Always have a stop loss. Keep a journal of each trade and let us know how's it going after a month with real money. Good Luck!
Now you have to start paying for your information. The easiest to use for historical charting that goes back that far is qcharts from quote.com. However, it has had problems in real time. They used to offer a trial for free. Do a search here, and you may find they still do. Interactive brokers (IB,open an account) with quotetracker is free for real time, but will not give you historical data. For IB to be free, you must actually place a few trades per month, otherwise it is $10. Start using the search function on this website, there is a lot of info, no one is going to give you all the answers.
Actually it's more than "a few trades". If you have spent $30 or more on commissions, the data is free. Otherwise, you have to pay the $10 minimal in addition to commissions.
If you're an "Active trader", your commission will be more than that for 1 day. I don't trade full-time and still my commission is more than $30 per day so the data-fee is always waived on my acct. -FastTrader
If you want to be successful with es, only day trade six times per month. Stoploss should be 5-6 points. Trade when support and resistance are broken with high volume and breakout bar. Wait for the retrace, then go with the primary trend use 15-30 minutes chart. If trade goes your way, increase your stop loss to break-even point (including commision), and open another contract, when it retraces again. Also, use time stop loss for momentum trading, and minimum account should be $10,000. Goodluck.
Interesting post Manz....I tend to agree with it, even though I like trading every day.....great advice for a beginner! less is more!
7k worth this week alone. If this market keeps moving big like it did last week--snake oil all around! Cheers!