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So, from a weekly perspective, we have two successive Outside Weeks. The prior week going higher and closing at top of the range. This last week going from top of the range and closing at the lower end. Over the last 17 years that only happened once. Unless there's something wrong with my...

Some charts for the entire month/weeks spanning September for the last few years. Each large horizontal line represents one week. As can be seen, if it's a weak September, we usually see the low of the month in the last week of the month or the week prior. Short sample size of course. My...

I double down once in a while, but since my initial risk isn't that great, I'm comfortable doing so. Doubling down infinitely would not be as smart. And particularly so if initial risk is already high.

Busy life. I also hold a full time job (never any dead time) and day trade on the side. No delivery job, though. Can't see how on earth I would have time for a food delivery job. Why are you delivering food when you have a 100K full time job? Is the pay good?

Here's a simple example illustrating that lack of capital usually isn't the problem. Lack of trading skills and impatience are more likely the cause. I'll use ES as an example, but feel free to substitute it with any other liquid and volatile contract. If you fund a $10K account and allow...

I don't know much about that, nor do I care (no offense). My point was merely that it's easy to get blinded by a high win rate. Profit factor/expectancy is much more important. I've had long winning streaks myself where I gave up most of it on a few bad days. The simple reason being that my...

What if I told you those 22 winners were 1 tick each and his one loss was 10 points? Win rate alone doesn’t mean much. Typically, high win rate strategies are very vulnerable.

I think people in general are too easily offended and butt-hurt these days. ET is simply social hour and water cooler talk for me as a lonely trader working out of Norway with not a single real life trader to talk to. If Macbook thinks I'm laughable and sad, I have no problems with that...

Sure thing. I tend to post those in the ES-Journal. I'll let you know. My view is that the markets are a bit unhinged and loose at the moment. While still trading technically, it's possible the markets are less predictable at the moment as a result. But I'm only speculating... There's also...

I trade seasonality and other statistical data, but I generally use it as a supporting parameter and don't trade on it alone. For example, September seasonality was part of the reason why I was suspicious of this last rally higher expecting it to top out sooner than later. And after that CPI...

Lighten up, pal. I was laughing just as much with you as at you. I was saying thank you to you as well. No need to get all defensive. :) As for your personally, I'm just stringing you along in good faith. It's hard to disagree with much of what you're saying. However, your own track record is...

I had a dream my life would be So different from this hell I'm living So different now from what it seemed Now life has killed the dream, I dreamed From Les Misérables. Good morning, zghorner, Seems like you already received some good replies and made a decision already, but I wanted to make...

Had me a good laugh this morning from page 774. Thank you, guys.

I may post a longer reply tomorrow, but in case I forget: Whatever you do. Do NOT borrow money to fund your trading.

Market makers most likely want this to close in the 3900 - 3950 range today. And I assume there's plenty of hungry and greedy dip buyers who will help them out. Headed lower eventually, though. But maybe not today?

Those who think the market is random can observe how the market pulled back from the 3886 hurdle I mentioned above just now on this initial push. A pullback to test the opening range high now. If we thrust higher again back into last week's range, I'd be slightly (but not very) surprised if...

From my POV a long above 3879 with a 5-10 point stop (at your own discretion) could be worthwhile. Targeting 3896 - 3920. 3886 is last week's low, so that could be a hurdle to the upside worth paying attention to. That would be my play if I stuck around, but I closed down shop. Early longs...

No longer a FBO at 09:50, though. Could be one @ 09:55 now, though. Maybe wait for 10:00 to see if that could stake out a direction. It's too uncertain for me. Good luck all. :)

Potential FBO here at the LOD @ 09:50. With last week's LOW taken out, I don't feel I have much to lean on here. Even if we do slide to 3850, I have a hunch it won't be easy and there will be several attempts to defend this level. And with OPEX going on today, who knows how that factors into...

Looks like 3850, doesn't it?