Recent content by Bong Recreation

No, I don't like tick charts because they don't have the time perspective. 30-sec bar charts seem to work for me. The risk to reward police might not like this but I use a 2 pt stop loss and a 1 pt target. I had used a 1.25 stop loss with a 1 pt target and found that I didn't do as well...

Phoenix, I scalp the ES usually for 1 pt at a shot. One thing that helps my entry is using 30 second candle charts instead of 1-min candle charts. I don't know what time frame you use to enter but it seems the 30 second time frame helps with scalping as you can pick up smaller movements...

Thanks for the info and interesting analogy. :D :D

I've heard it said before that the futures markets tend to have "fat tails." What exactly does this mean and how is it calculated? Bong

Before you get yourself killed hopping from one market to the next (SPY, options, ES, QQQ, etc.) you should pick one and stick with it and at least have a plan of some sort. Just my 2 cents

I would be interested in hearing your market manipulation theory. I'm sure I'll sleep fine if you care to share. :D

Sub, You're doing extremely well. :) Out of curiosity, is your futures account net positive since you've opened it? You seem to win a high percentage of the time but I'm wondering if the few days when you blow up are costing you all of your profits. Bong

Illegal Drugs :D