Recent content by VinceField

What range would you recommend for a standard deviation channel for day trading? I generally look for reversals at the 2nd SD lines. The channel I've been using is based on the previous 24 hours rolling, but I'm wondering if anyone uses a different time period? Or maybe you have the channel...

I'm now using divergences, market and volume profile and footprint as part of my system. I've abandoned my previous moving average based strategy. I'm more interested in reading and understanding the market than mechanically trading based on a couple of lines crossing. Also incorporating higher...

Great man, thanks for asking! I've opened up an account with a futures broker so I'm only trading futures for now. Trading naked options is a bit less precise in terms of getting in and out at desired levels, and I like that the futures market is tradable all day and night. Futures price...

I've decided that for now I'm going to focus on the futures market, namely ES and NQ. I prefer trading the same thing rather than jumping around from stock to stock searching for the next move. As for options, I can trade the SPY and QQQ, but I'd rather trade the futures themselves.

I don't believe so.

I forgot to mention that I use Mac and a lot of these programs (Sierra, NinjaTrader, Multicharts, etc) are Windows only. Can anyone recommend a good one for Mac?

I plan on signing up with AMP broker to trade micros and I currently use Thinkorswim for equities, which I really like. I was thinking of using a free platform with AMP simply for order execution, and doing the charting and data feed with TOS. My strategies are mostly chart based. Any thoughts...

Your options screener links led me to find out that there's an options scanner within Thinkorswim so I've been using that and it works really well. Thanks for the help man.

Margin accounts under 25k are limited by the PDT rule and I don't plan on putting that much money into an account. I'm starting small and slowly growing. I'll be able to make at least ten trades a day with my current capital, which I believe is more than enough.

I have a cash account so I am only limited by my capital.

Good questions. Since I don't want to risk more than 30 dollars a trade, it seems options less than 3 dollars are suitable for my stop loss range, which is a bit on the tight side. Around the three dollar range I can buy one call or put. I've been buying deltas just over .50, usually one in the...

I have an active cash account with $3k and a margin account with $2k. I expect you've collected all the preliminary data necessary to answer my question.

Good amount of daily volume and atr high enough to capture worthwhile moves on a daily basis.