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To be fair I did say "I BELIEVE I’ve pinpointed the greatest threat to traders", not "I've pinpointed..." or, "I know what kills traders..." etc. As for dead newbies, I'm sure a lot of them who blow out quickly do so based on one of those 2 scenarios.

Incnow, when you settle on a contract to trade and start analyzing and actually learn the crowd psychology behind good technical analysis, you will often enter your most profitable trades by way of a stop order. Buy stops to go long and sell stops to go short when a critical price level is hit...

The one who says it can't be done is generally interrupted by someone doing it. I remember that thread. I unsubscribed.

Here's a slam-dunk, home-run setup: Once the ES has ranged around on the daily chart above the upper Keltner channel line (20-period, dev 1.0) between 3 and 8 days, China or Europe will spook the market and you'll get a decent retracement at the very least to just below the upper channel...

Absolutely. Stops are market orders and you end up farther back in the queue if your stop isn't already in place.

You've been watching a lot of markets for a long time. Choose one or two that move in a way that allows you to feel confident while trading. Or if there's a market and you like the moves, but you're not comfortable with it, then practice that in sim until it works out for you (as I'm doing with...

I agree with you. I was actually making that comment because it's required that traders make at least a couple "shoulda woulda coulda" comments a day :p One thing I did differently on one of the late losers was use the 2-min chart in a 2-hour TF, because I'd never look at anything other than...

+$1057 Had an early AMZN breakout play, then churned around on that one as it got kind of whippy and abandoned it for greener pastures, so to speak. X double bottomed early on, then left a higher low. Higher low usually means higher high, so played the breakout through the HOD on that one...

Stopped out. Day's net 296.50. Shoulda quit while I was up nearly $600...

I was just now wondering that myself. It's still my sim account I'm trading, but if it was live I would absolutely not hold a short overnight. I'm busy trading stocks and didn't even realize it was the close.

sh 82.07, sl 82.20

It's like whack-a mole every time price rises above 82.10.

Same spot on my 2-min chart that signaled a possible short @ .86, I also saw as a decent long. I shoulda schiz-flipped!

Out @ .96. Setups are too ambiguous on that chart, you can see too many things.

sh @ 81.86, sl 81.96 ADD: I'm testing using a 2 hour 2 min chart for cross reference. We'll see if it wipes me out.

POS stopped my 2nd one to the tick and fell further.

lmao - I was gonna ask just a few minutes ago if anyone was short and needed me to cover to spark a big move down.

Moved sl to b/e because this trade really tested my patience and it should fall hard now!! Took off one @ 81.86

No the market's going straight up because I didn't exit the trade I'm in at b/e. had I covered at b/e CL would've fallen 2 pts just now.

What happened to DEMTDAYBOYZ today?