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That was fast. Fun for those already long. Not so fun for those like me trying to capture a ride. Had a bid at 3775, but was too late. Not chasing this, so just have to wait for a PB now. Someone chased and bought this top. I'll be happy to buy from him.

Outside Day on Friday. Monday will either breakout higher or it won't. My best guess from here is we'll either breakout higher or open with a gap down which should be a good buy for a pop higher. Here, I'm talking about the RTH session. For the bull scenario for the week ahead - we shouldn't...

Details on that one?

Yes, I trade off charts, but the way their order entry is set up is pretty bad. Are you listening, @NinjaTrader_Ray? I bought this add-in which allows for 1/2 click trading for order entry. https://www.volaty.com/products/indicators/clicker/ With Ninja you actually need to right click and...

Good stuff, man. I think this quoted part is really important as well. Another trader I touched base with years ago said that only an amateur would sit around waiting for his stop to get hit if he realized the trade was wrong or not working out like it was supposed to. Losers needs to be cut...

You make some fair points. I definitely agree it can be a hindrance. This is why I generally prefer to post analysis or forecasts, but not actual trades. I've been invited to a few discords and voice based rooms, but I've declined them all so far. Would have been easier if I had a consistent...

Yes. I've considered it. Maybe even tried to implement it, but as my trading is discretionary and I don't trade a single very specific and isolated pattern, it's not always easy. I'm a little too trigger happy. But I fully agree that filtering out lower probability trades will go a long way. I...

I think that's an interesting question and one I've been pondering myself lately, but maybe it's worth an own thread and not discussing here? What is consistency? When are you consistent? Since I started trading again I've had 25 winning days and 10 losing days. 2 of those winning days were...

Well, of course. I didn't even realize this was debatable. Successful or very successful trading is definitely for the few. Only the snake oil sellers and vendors would have anyone believe otherwise... :) The best choice for most would be to not trade. No money risk. No money lost. Easy...

Okay. Using that definition I would agree of course because there's always risk associated with trading and the outcome of any single trade is outside your control. However, if you have an edge, you know that over the long run you will get ahead assuming your bet size is properly sized such that...

I’ve been looking more at the 1-minute and still have the 1500-volume chart as my execution chart. That helps when the market is moving a lot inside a 5-minute bar. I’ll check out the Heiken bars. Thank you.

Well, maybe your prior belief was true, but simply your bucket was full of holes...? :) Your only requirement is to understand how price moves and then you buy low and sell high or vice versa. Exactly what is preventing you from doing that? Where is the competition? While futures trading is a...

Exactly. You fully get it. Most people just want to get started trading and making $$$ quickly. Doesn't work like that. Trading skills first. Might take a few years. Then money making being well funded. If no edge, you can choose to not trade and choose to not lose. Extremely easy. Deciding...

Of course - plenty of money on it's own is NOT going to help. Just like psychological work can NOT replace the lack of trading skills/experience. One of the richest men in Norway at the time who had retired after selling a tech company got bored in retirement and started day trading stocks...

Hello, What's so good about TOS? I've seen some other guys use it and I agree it looks great. Nobody mentioned Sierra Charts so far. I don't use it personally, but overall it seems to get great reviews. Personally, I use Ninjatrader and for the last few months it has worked exemplary with no...

Thank you for sharing that so freely, @formikatrading. Humbly, if I may, I'm afraid you're about to repeat the same mistake as your confidence level seems too high and you're very persistent about wanting to put your view forth. The latter is especially concerning because it makes you very...

This is an interesting comment. Care to elaborate? To my knowledge there certainly are a few who are making good money as retail traders. And each trade being a psychological mindf''k? What does that even mean? The only time a trade is a psychological mindf''k for me is if I deviate from my...

I hope and think this is a misunderstanding. By bollocks moves, I can only assume that @Overnight means that Friday or last week at large isn't a trend reversal which will get continuation higher, but a move that will just as quickly reverse down again in the short term. If so, I perfectly...

Well, you came across quite condescending early September when a few of us were suspicious on that rally and you said we needed 4D analysis to really understand what was going on. Implying that you had something superior in your hands while we were left in the dark. So, maybe I'm giving you an...

Quite the volatile session today. Plenty of > 10 point 5-minute bars. How did guys make out? I had to sit this one out. In hindsight, this looks like a session where one could quickly rack up losses even if being on the right side of the market, but not catching the exact entry.