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  1. KCalhoun

    Scalping is Risky?

    I was testing dozens of scalping trades yesterday UVXY TZA SVXY and a few stocks with conditional OTOCO orders. Trying to figure it out. Example If it's at 22.7 going up A buy stop 23.1 entry triggers whichever happens next B hard stop 22.9 or C trail stop .4 mostly didn't work bc shaken...
  2. KCalhoun

    Favorite old 1960s-80s TV shows?

    Here's a great solo...
  3. KCalhoun

    TSLA is toast? <--- epic selloff

    Of course not. It was an intelligent, accurate opinion for the time I posted it back in January, for that timeframe. You could be gracious and acknowledge I was right. Or be petty with an entrapment type post. Take the high road - the view is better.
  4. KCalhoun

    China declares all crypto transactions ILLEGAL

    If the world's biggest country bans it, that's significant.
  5. KCalhoun

    China Declares Cryptocurrency Transactions Illegal; Bitcoin Price Falls

    Crypto = monopoly money. But not as valuable, at least play money you can see.
  6. KCalhoun

    China declares all crypto transactions ILLEGAL

    I still don't understand crypto.... : o ahem, monopoly money, ahem I'll never buy that made up stuff
  7. KCalhoun

    TSLA is toast? <--- epic selloff

    I was right, called top 885 on 1/11
  8. KCalhoun

    Tesla TSLA has topped

    I called the top months ago, at near the all time top. It's ridiculously overpriced, destined to fall big, I'd never buy it.. the stock or stupid evs. Not a trade recommendation Proof https://www.elitetrader.com/et/threads/tsla-is-toast-epic-selloff.354650/
  9. KCalhoun

    Songs you listen to while trading...

    I trade much better with upbeat music going on, I'm a jazz musician. I use voice command Amazon echo device, works great. Note you can tell a lot about a person from their playlist. :D Pink Floyd Money Coltrane, Stitt Brick house More bounce to the ounce Gonna make you sweat In the...
  10. KCalhoun

    So whats up with this sell off 9-20-2021

    Right Hafez... I'm back to daytrading 2dh gaps like I did CCL PLTR today, finishing by 11 No more bear/bull bias, trade what I see vs think
  11. KCalhoun

    So whats up with this sell off 9-20-2021

    The recent 2week down pullback & Monday selloff. No more overnight holds for me til ath mkt
  12. KCalhoun

    Intraday Swing trading: day-long daytrading?

    I'm going to resume testing this with updates: Enter .3 above opening price, use only with gappers and 2dh breakouts Put hard stop .3 under premkt high Tighten to breakeven after 10am, or price runs up. 5 or more Let ride all day, tighten stop to .3 under current price at 3:30 Any ideas?
  13. KCalhoun

    So whats up with this sell off 9-20-2021

    Things seem so unpredictable I'm doing much less swingtrading and much more daytrading. Overnight gaps are a coin toss, and that's bad odds
  14. KCalhoun

    Help needed - I overtrade after 11am

    Disappointed, took losses today trying to trade FOMC but it was choppy af. Traded both bullish SVXY SOXL & bearish UVXY TZA. tried really hard too, but took stops with eod reversals, whipsaws.... anyone else? Lessons learned: Avoid trading inside hod/lod ranges, with rare exceptions NO...
  15. KCalhoun

    So whats up with this sell off 9-20-2021

    There may be some initial volatility starting right after 2, in 20 minutes or so, followed by main volatility at 2:30. Remember there's always a three wave response, the initial response, then a counter-trend move, then the major move starts usually around 3 p.m. Good hunting :D
  16. KCalhoun

    So whats up with this sell off 9-20-2021

    I would not be surprised if they buy the rumor sell the news type day today, green all morning, false break out 2:30 then afternoon selling. I will be buying lots of uvxy and tza if that's the case. If market goes up I'll buy lots of svxy and soxl
  17. KCalhoun

    Wash Sale rules coming to futures and forex markets

    I'm resisting the temptation to say that's what you get when you elect freaking Democrats in office, lots of new taxes to pay for a bunch of shit that nobody wants, except poor people. Oops oh my not politically correct I didn't say that out loud did I
  18. KCalhoun

    Some helpful advice for new traders

    Also it's a smart idea to use one triggers the other conditional orders so that once you get a fill, you automatically have a trailing or hard stop in place
  19. KCalhoun

    Some helpful advice for new traders

    Right re size, it's a function of the number of shares, the stop-loss value which adds up to be the maximum risk for trade you're willing to take. For example when i'm doing a 700 share trade I use ten cent stop, when I'm doing a 200share it's .40 cent stop
  20. KCalhoun

    Help needed - I overtrade after 11am

    Thanks, the two things that work best are simply to leave the room with the computer in it to take frequent breaks, and also to trade smaller size anytime between 11 and 3
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