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Agree on that. At least over the last 10 years. I think the more strategies you have; the better. If you're making money on swing trades or long term holds, it's easier to take it easy on your day trades, I think.

Stop was just above hourly candle on both. NQ retraced more than ES on that pop. Stopped out of NQ for 90 points of profit. Locking in 40 ES points @ 4474. It may be a bit too tight, but let's see where she goes. EDIT: Corrected the NQ trade. It was actually 90 points, not 75. The stop above...

Locking in 30 ES points at 4484 and 75 NQ points at 14646. I think that should be "safe" if we head lower from here going into the release in a bit.

It takes courage and conviction to hold here, but I just don't see a buy signal yet. And I can see myself in a different time/space trying to pick a bottom here and the pain/hope/frustration I feel as the market keeps going lower.

I already redeemed yesterday's failure if I close out right now, but the market looks weak as hell here. I don't think anyone but Powell and the PPT could stop this right here in the middle of nowhere. 4350, maybe?

That depends on what you trade and which software, I think. ES on NT8 is fairly realistic as far as I can tell. Including slippage.

Maybe I'll be able to redeem myself after yesterday's massive failure. The market looks very weak here, so I'm going to swing for the fences on this one.

The short term trend appears to have reversed from up to down on the daily chart as of yesterday's close. In the weekly cycle we also reversed below the 50 % level and closed below. I'm short from here.

Oh. For sure. I do know what I'm talking about and I definitely have a good grasp of the market and how it generally moves, but that doesn't necessarily translate into consistent good profits. Trading for me seems like a very marginal business. If you're not on top of your game it's only too...

Why, Mickey? :)

Paper thin.

I went to hell and back. Still no edge.

That was an expensive beer session. Left after the 1st hour and put in a stop at 80 figuring I'd be safe. Oh well. It was only a micro.

4534. Good enough? The exciting part now is if we reverse fully from here or if we can trade back inside yesterday's range and start running. I'm still holding long. Panic sets in below ~ 4500.

Been playing big boy ES mostly, but it's a bit overleveraged for my piker account in this volatility and certainly for longer swings like this. So this was initiated with 1 micro.

Typo. 4490.

Should find some support in this 4500/4490 zone. If not - watch out below? Looking for a swing back up to 4535 from here. That level will either be accepted or rejected.

It's a bit concerning that it happened twice in a row in such a short period of time. I have a hunch the money on the long side won't be as easy and risk free this year as it's been in prior years. I've blown a few smaller accounts doing similar mistakes, i.e., trading too large and not...

I'm a bit underwater here, but it's a very small position. Plenty of buy zones below here. I wouldn't be worried that we're tanking unless we drop below 4500. My humble opinion of course as always.

I bought it. Small position at 42. Looking to add to it. In my view - we're still playing an up week and that drop shortly after the cash close was just an exaggeration.