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Actually futures get good tax treatment as to IRS 1256 where gains (or losses) are treated at 60% long term capital gain and 40% short term.

No problem, on the NQ it's 20 tick target and 12 tick max stop which averages slightly above 10. There is nothing that I do that is the answer to life but it works for me and that's all I care about.

NQ is closer to a quarter million a day and was over 400k one day this week but yeah, more talkers than traders. I had a trader friend and a damn good one now sadly passed that rather than explain what he did simply said "I'm semi-retired and fool around on the computer at home."

I will trail under/over pivots as they form but have a fixed target based on average MFE

HaHaHa:D:cool:

It doesn't want to post pic of my boots.

Here ya go

Rarely wear them anymore but here ya go LL

:thumbsup:

Xela is correct, my ATM triggers a stop which I will not go beyond but I may miss a trade if the S/R level is too far away from entry.

If it's of a material nature, they will announce and hold a press conference which the public can listen in on.

The futures market is not the stock market, it is driven by hedging and speculation, without a bi-directional trade, there is no market.

I don't trade without it.

CME Group U.S. equity index price limits (and corresponding CME and CBOT rules) are designed to coordinate with circuit breakers provisions as applied by the New York Stock Exchange (NYSE). 7%, 13%, and 20% price limits are applied to the futures fixing price and are effective from 8:30 a.m...

"You can't build a reputation on what you are going to do." -Henry Ford

"When you stop thinking about yourself all the time, a certain sense of repose overtakes you." -Leonard Cohen

"It is certain, in any case, that ignorance, allied with power, is the most ferocious enemy justice can have." - James A. Baldwin

Yes it's faster but as a day trader I can tell you it's doable. Most execution platforms these days have an automatic trade management function where as your entry is triggered, it automatically enters your predefined stop and target. You can manually move the stop toward your desired direction...

Sounds like you don't have a defined trade plan. You have to know where your stops and targets or trailing strategy is before you take a trade. They have to be set within the time frame(s) you are trading...there will always be time frame conflict so you have to choose which are relevant to your...

Losses are unavoidable and there is no way of knowing when they will occur or how many in succession. Until you can accept that and abide by rules of trade management, you can't trade.