It would be interesting if you also posted actual results as well so we can see how you are doing. E.g Monday 14th August +3 Week ending...
How price reacts to the numbers is absolutely the key. The numbers by themselves don't mean a lot. Many traders actually use variations on the...
There are very few net profitable emini daytraders that I have come across using indicators that successfully. Reason being they lag and you...
Rare, but not uncommon. They usually happen a few times every year (similar days following each other). The upside reaction to CPI made it...
Congrats on an educational thread. In my view, what you say in the above statement is not good trading advice. The ONLY reason to close any...
Why 2 points? Why 4 points? Seems rather arbitrary to me.
You should trade ES. Slippage is greater on the big contract. Also, you get instant execution without having to talk to anyone. The delay in...
Pivots are very interesting. If you traded them the conventional way they would probably work 1/3 of the time. I know of many successful...
Limited Intraday range? Where? 2006 has been great in terms of intraday volatility and range. It hasn't been this volatile since 2003 and...
Very few, if any. It was a problem I had a while ago. Although, there are probably some.
It is a judgement call on your part. I don't believe using a precise definition is helpful. You want to look at the general zone and say to...
I really don't think undercapitalisation is a big issue as most people make out. If you have a positive expectancy and manage risk conservatively...
Well done Jimmy. This is perhaps the most important trading article that has ever been posted on ET. If we all read it and reflect deeply on...
There can often be a small difference between success and failure in this business. Everything works and doesn't work. For every technical...
The only way to learn to trade is to trade. To observe the market's behaviour and your own psychological reactions to the market's behaviour....
A couple of interesting points: (1) We have been in a bull market in the S&P500 for a couple of years now, so perhaps understandable for a...
I started out as a daytrader of ES futures. Over time I came to two views on daytrading. In the current environment, for my style of position...
I think you are a lucky man. One of the reasons my last two relationships ended were the women putting great pressure on me to reduce the amount...
Hi NH, A while ago you briefly touched on sister trading instruments. I was wondering how that works in the placement of stops. Say you...
I don't think good discretionary traders avoid the hard trades. That is a matter of good discipline and not related to whether one is a...
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