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Update. Rejected last week's range once again on today's Open. Still a messy, rangebound and news sensitive market, IMO, with the pressure being to the downside. Barring any positive news from Europe over the weekend - I think we'll make a go at that gap below early next week. Could still...

I have no idea how you arrived at that conclusion from @Buy1Sell2 ’s reply.

4320 today? Not very likely, IMO, but with current volatility everything is in the cards. If we clear 60 with some momentum I would assume 85 is possible, but still a far reach.

Nice. Looks like @nooby_mcnoob discovered the obvious? ;)

Range bound and news sensitive market. It's hard to make any meaningful predictions medium term in such markets, IMO, but I would be a tad more comfortable leaning short. Tuesday saw a sharp reversal off last week's low. Yesterday we traded back into and closed inside last week's range, but...

With your current experience/skillset as I understand it, I'd say yes. A smart trader once told me: "Small accounts seek volatility; large accounts seek predictability" Anyone can have a great run and make big money in a short (or longer) period of time, but they usually won't keep it. Very...

Very simple. Don't trade with high leverage. Trading with high leverage requires a massive edge/skillset at such a level that you wouldn't be on a forum asking for advice. High leverage = high risk of ruin. If you trade with low (er) leverage you can have less precision in your approach and...

Whatever you're doing, just keep doing it. You're doing great!

Great job! The market will always offer more than you can take, so just be happy you're making good money. :) Right. But if you're trading NQ when the market is more normal - why is it that you're not trading it right now? Is it too volatile/jumpy in your view? Would be nice to hear your...

Why no longer NQ? Too volatile or thin market at the moment? I imagine there's got to be some slippage on NQ if you're moving any size to speak of.

Nice. Do you trade strictly NQ futures?

I've seen you mention this multiple times. Do you have a very complex workspace with a ton of charts running at the same time...? I've had some issues with NT8, but it's quite possible it's related to some custom indicators I use and an unstable internet connection, but I can say that 90/95 %...

Obviously. ;) May I ask what you trade? If you normally risk 5 to gain 10, but now have to risk 10 to gain 20, but as a result your size is cut in half, the monetary gain is the same. Of course, with higher volatility you have more opportunities within a day, though. The "ping pong ball"...

Were you day trading CL? Funny you should mention CL as I've been thinking about that contract/market lately. I believe around 2010 it seemed very popular to day trade on these boards and even more so than equity indices, but for the last few years I haven't seen much talk of it. There was a...

Sounds like a good decision. I had the impression you were full time trading? Thank you for your honesty. I'm sure you're not alone in taking losses, but most won't admit to that. Like I mentioned yesterday it's hard to hold short leveraged positions in this volatility because the swings are...

Personally, I think a lot of time is wasted by trying to learn trading by "trading" and watching charts in real time. You can manually backtest/backcheck/test-trade 10 trading session with the same amount of time spent and learn a lot more. Seems like you pretty much answered your own question...

Hello guys, Curious how you all experience the kind of volatility we're currently having? In general, do you prefer trading (very) high volatility or calmer markets? One could argue that higher volatility brings more opportunities and larger moves, but unless you're taking on larger risk...

It may not be a bad idea. Then again - you would probably have gotten stopped out of a nice short position at today's mid-session rally if you had a stop in place. This sell-off have been everything else than clean, so unless one uses a wide stop or shorted the highs one would most likely have...

S&P is not down more than 13,4 % as of today's close.

Nice attempt at a double bottom / higher low on the daily today, but it seems like sellers remain in control still...