Good Evening Jzwu2017, How are you doing today? Please recommend me a day trading book(s) on the Futures market that will guarantee and promise me to make alot of money year to year for the next X to XX years. Also please provide a 3rd party audit of the Author trading records from the futures market so I can review and approve before I spend the money for the trading book. If you do not have a 3rd party audit of the Author trading records, please do not respond the with book. Please do not recommend a book unless the records is above +$1 Million dollars. Thank you,
Good Evening taowave, How are you doing tonight? Are you ready for the Colorado game tonight? I responded to your comments in red By the way, great questions.
Good Evening Jzwu2017, How are you doing tonight? Are you ready for the Colorado game tonight? I responded to your questions in red
Paper trading, without taking into account market makers...Could you be fooling yourself?? Just asking...
Right about what? I said it’s not for everyone. But if you’re already monitoring the stock market daily, I think it’s a natural extension to trade index futures short-term. You should experience the trading hours from Hawaii. You don’t know how good you have it here. The schedule doesn’t bother me. I monitor from Sunday open to Friday close. Usually have on at least one position in one of the accounts. If I trade the ON session I will skip the AM and sleep in. In 2020 and 2021 I did that regularly. Nowadays not so much. Paper trading is not something I would do. $5 per point for micro ES is pretty cheap. Regardless, good luck when you go live.
Thanks for asking. Good question, yes I could be fooling myself. I will find out in a couple of months. I do real time demo so in general I think it should reflect more or less what I should get in real trades except for the bid/ask spread (I use ask for buy and bid for sell) and time lags in real execution. Day trading is very different from options. When I trade options, I look for reward/risk of >10. In day trading, the difference between buy and sell is ~ +1% (often much less) if I am lucky.
One of the biggest forms of ignorance is when one rejects something they don't know anything about. I don’t have the need to be right. Good luck with your $40K per candidate Oct-seminar.
I've had many losers...I have documented here on these forums. I am wondering what you call the below...Intuition, business insight, patience from years of experience, luck, business acuity?? The Boeing 737 MAX passenger airliner was grounded worldwide between March 2019 and December 2020 – longer in many jurisdictions – after 346 people died in two crashes: Lion Air Flight 610 on October 29, 2018 and Ethiopian Airlines Flight 302 on March 10, 2019. The U.S. Federal Aviation Administration (FAA) resisted grounding the aircraft until March 13, 2019, when it received evidence of accident similarities. By then, 51 other regulators had already grounded the plane,[3] and by March 18, 2019, all 387 of the aircraft in service were grounded. I bought 100 shares of Boeing a few days after the grounding...Did a leap very close to the purchase price. Just wanted the time decay premium...Believing they would find the problem. Yet, I was not 100% sure... When Apple hovers around $120. (and people will NOT give up their phones or watches), I buy 100 shares. When Google and Amazon drops below $100. I buy 100 shares each. With all of the above I did options. I saw great value in these companies. I could have easily been wrong...AOL, MySpace. Just me, I believe the AOLs, GM (2008), prepared me for the future winners later... PS And no, I did not buy AOL...But I did own GM!!