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Well, in the first post, I did specifically stated "a-ha moments that propelled your trading higher", namely, ones that took your trading to the next level and made you money. IDK, just saying.

That he too can last for 30 years?? :D So what about you? Are you happy as a day trader? I guess people need to find out for themselves whether day trading is a right fit for them, and not rely on books or opinions. More specifically, they need to be selective about what or whom they're...

For me, a "trap" is defined as a sudden reversal that traps (or rather tricks) traders in the process. This naturally will force them to cover their losses and that, in turn, will accelerate the rally in the other direction (akin to short covering rallies). So instead of asking myself, "Do I...

Not to worry, I have your back covered. :)

Oh, really?? I suppose you already figured out that ES is my playground. Come over to ES Journal sometimes and we can headbutt one another (I think your head might be more dense than mine though). :D

Uhm, he asked and I answered. (By the sound of your writing, you seem to disagree.) Anyway, as far as your question goes, I did in fact retire from day trading (for about 6 months) in 2020. But as you might already know, once a gambler always a gambler. As to your other comment, so I see you...

You brought up a good point about institutional vs retail. Hence, you need understand who sets up these traps. Is it institutional or the collective retail traders? No need for me to answer, right? Now, one thing that might help you better understand TRAP is the notion of "prisoner's dilemma"...

Without divulging too much, share your moment of epiphany that propelled your trading higher. I had two of these moments: Instead of looking for trends, always look for traps. Everything repeats in cycles.

No you don't, and we need a way to down vote these DBs. Give us a "thumbs down" button.

Geezus, doesn't the OP ever get tired of posting these same ol' platitudes? :rolleyes: Damn bromide-inhaling bloke. Needless to say, they're all hindsight analysis. It's an insult to one's intelligence.

I remember Michael Parness appearing on CNBC back in 2000 when the dot.com bubble finally popped and the market started tanking. He predicted Cisco, which was trading way above $100 at the time, would drop to $50. All the other guys around him were like :rolleyes::rolleyes::rolleyes:. But, sure...

How did you get started? Right after college. Couldn't get a regular job and didn't have much of a choice. It was in the midst of a recession. What is your experience in the field? Over 30 years of experience as a day trader. If you don't already know, I proudly wear the badge of honor called...

Out 58.75 +6

Long 52.50

Out 57 + 5

Short 62

Out 62.75 - 4 Miscalculated, not to mention too damn stressful.

Flip short 58.75 + 7

Flip long 52 + 5

Flip short 56.75 +4