Recent content by rknas

Is there a good platform recommendation where I can simulate an option hedge against a futures trade in ES? I have access to Interactive brokers and Thinkorswim/Ameritrade.

Its not working, hence this thread.

I am going to start exploring using options as hedge to limit risk and not get faked out. Going to be a whole new learning experience.

Its not 5% at some arbitrary price. Max risk is 5% of acct for a given trade. Stop is placed above/below pivot or where price turned. Size is adjusted for needed stop and allowed risk $.

Ones who make money consistently from the markets and its their profession or livelihood.

I trade the ES using fixed risk stop - as in if my account is 25K and my risk is fixed at 5%, my total stop can't be more than $1250 for a single trade. I wait for a reaction on my entry chart, place stop below/above the reaction area and adjust for size based on entry/stop needed. While this...

You can do a few things which will help: 1. Wait for confirmation 2. Keep your stop at a level which keeps risk contained 3. Allow for a 2nd entry following same above rules if you feel strongly about the signal or give some room for these shake downs. If you follow a fixed set of rules...

They stopped working? Glad no one told me that. :D

Your next top call will be my next long scale out target. :D

I would recommend you take the time to draw several trend lines across several instruments and see for yourself whether they: a) react b) move c) make new highs/lows

You just need to learn it, can't say one is more important or harder than the other. For a trend trading swing system like mine on the ES, I scale out on new highs or lows guided by Price Action driven lines.

Why is the gauntlet any better than TST or Oneup which have a much smaller fees and larger funding amount? is it just that it has more relaxed rules?

@tiddlywinks, how about posting some calls yourself? :D

Volume has dried majorly last 3 trading days (including today). Is it due to big playing traders taking summer off?