Recent content by imjohn

ET, where the "best traders" have 6 figures days but still post 300+ times per month :D

Buys $17 mil of a single security, follows up with 80+ posts schooling the peasants on ET. :D

Yes Same if you're trading 1 contract. Perhaps, but No problem (for me) at anytime in 2020.

I lived there between 2018-2019. Not aware of any trading desks, as I've always just done my own thing, but there's a large expat presence around Saigon, and a good chance you'll find something. I had a friend working in an unrelated field who could do his job remotely from home, but rented out...

$100K, leveraging 10 ES @ $10K per contract, and average a meager 2 ticks/day will produce $250/day or about $62K per year. For US residents, that's on par with the US median household income. Factor in the favorable tax treatment (60/40 split, no payroll taxes) and that $62K trading income is...

Simplicity and Leverage. The 4:1 available for stocks is not enough for what I want to do. Trial and lots of error. Had years trying a lot of different things that didn't work, or didn't suit my personality. After a while, I settled on a combination of rules that I could consistently follow...

I usually just trade ES during RTH. If the session begins following a strong, overnight directional move (producing the "gap"), Im going to start my day off looking for signals in the same direction as that prevailing overnight momentum (continuation). Starting a day looking for a reversal...

I day trade ES. I suggest seeing how your strategy performs in various conditions. During periods of high volatility (Feb-Mar 2020, Dec 2018, Feb 2018, etc.) many strategies work and trading can feel kinda easy. Periods of very low volatility (Oct-Dec 2019, Jul 2019, Apr 2019, Jul-Sep 2018...

I day trade the ES using stops and targets. Out of the last couple thousand trades, the vast majority of trades terminated at the stop level, a small percentage incurred 1 tick of slippage beyond the stop, and a very small percentage incurred 3-4 ticks of slippage, but that is quite quite rare...

To break bad behaviors, what worked for me was keeping track of occurrences/actions. I keep track of 2 things... # of trades without "incidents" and # of days without "incidents". For me, an incident is basically taking a non-valid/random entry, jumping in impulsively, skipping a valid trade...

I get your frustrations... so my guess is we will see a collapse in volatility and range over the next couple of years as the market melt up, perhaps similar to 2016-2017. That will be frustrating for intraday which is what I do, but I'll adapt over time. Im sure there will be some short-term...

After entry, I frequently experience the following scenarios: -Price stops out my position by a tick, and then shoots to the target without offering a valid reentry. (frustrating) -Price hovers a tick from my stop level for several minutes before finally moving to target. (relief/euphoria)...

Dozu checked out of ET? Im guessing he drowned in his sea of money bags and virgins. Looking like he had it right all along :D

@speedo, NQ, now Spooz.. greatest financial thread in the interwebiverse going the way of the buffalo

Been trading intraday with NT8 for about 2 years. Prior to NT, was using ToS, then both concurrently for several months before switching 100% to NT. I run it on a Mac using Parallels (virtual machine). For me, it does everything I want/need it to do, I rarely experienced hiccups, and it seems...