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Trend trading is the way to go, no argument there. When volatility decreases, as it certainly won't stay like this forever, just hit faster fractals to determine trends within trends. In the meantimes enjoy the VIX.

If you are serious about your trading I would not rely on IB data for serious daytrading. Took me a while to justify the cost of IQ Feed and in the end, it's just a 2 point stop on ES. Hurts to pay the fee but better be safe than sorry. Daniel

I know traders that never stop. Personally I do 2 hours of homework at night, and trade 3 hours in the morning. However, since I'm still dealing with personal psychology as far as size goes I can't feed my kids from trading alone (single parent too), therefore I have a 6 hour job in the...

With courtesy from the AHGers and permission from Anek here is a stripped down chart analysis of what happened on that historic play. Daniel

The HOD was over 50 ES from his entry. He meant he would not scale out anything until we retested the HOD. When he saw price blow through the HOD he held until it was time to sell most of the position. His tactics have not changed, they expanded. Daniel

I tested both platforms and many others, eventually I found home with Ninja Trader. Daniel

No, never been a fan of substances. At best we will probably see a dead cat bounce, then we on the way back to more pain. Sorry I don't share your opinion. Daniel

I agree with the editorial. Unfortunately, we are far from the bottom according to the charts. Daniel

Personally, I'm not buying anything until the US turns this fiasco around and the technicals show the market is bullish. I don't need to buy the absolute low to feel confident. Daniel

Price has the tendency to consolidate (chop) when it approaches key areas, do the research and learn to stay away from them if consolidation is a problem for your style of trading. Daniel

SPY/ES Daniel

Not my best week or anything but did fine. Just had to reduce size to make up for volatility. Losses were bigger but so were the winners. Daniel

Because the stop should be based on price action not on a fixed dollar amount. Risk management is paramount in trading so if you must reduce trading size to meet risk management and price action guidelines, do so. Daniel

Understand, except he uses small stops and this time he took zero heat in an extremely volatile market/week. Daniel

Posting with consent. He made his single best intraday trade ever today in terms of net per points. Here are his real time comments from today off his #AHG Room: [15:10] <@Anek> HODs mofo [15:10] <@Anek> hear that OPM [15:10] <@Anek> lol [15:10] <@Anek> High OPM Day! lol [15:10]...

Golden words, thank you for reminding me of the correct way to trade.

I do very well as long as there is some significant volatility. It is when the markets become range bound that I find a harder time looking for good setups. This won't last forever but as long as the VIX is this high this volatility should be embraced.

Jack, Thank you for demonstrating, once again, that you cannot produce one piece of profitable trading evidence. It is with great pleasure that I now place you on ignore and moving pass your bullshit and delusions of grandeur. Back to my humble price action based trading.

Excellent post duck, I wish I was this articulate.

Jack, My problem with the way you present and defend everything is that is all words and more words but in the end there are no verifiable numbers. This is trading and especially in ELITE Trader nothing here is taken for granted, not even if your name is Jack Hershey, whatever that means...