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If one could trade yesterday's chart we would all be rich. :)

Correct. Why spend time selling courses and books when you could scale your methodology across multiple markets and literally become filthy rich? Just take a look at the most successful fund in history - Medallion. They're very secretive and want as little as possible to be known about their...

Exactly how would this benefit traders compared with earlier? How can traders take advantage of this new arrangement?

IMHO - we're currently in a market regime where it's important to stay flexible and loose and don't marry any particular conviction/direction. One could argue that should be the modus operandi at all times, but for the first time in a while BTFD actually involves risk and we're trading in fairly...

I have to give @NoDoji credit for the idea. She was greatly into Al Brooks by the way. If you search up some of her older posts you'll find it. I used to do a ton of that myself in the past. And up until recently I would always log and review the day. Yeah. With good reason, IMO. It's just...

To be honest - a £31K loss in one trade stings, but I've probably lost considerably more myself in tuition to the market, although over several accounts as I've been learning to trade. If only...I'd invested in the stock market 10 years ago and didn't pursue day trading I would have been far...

That's a mighty big if... To be honest - I don't know, but I imagine there's less and less discretionary day traders at these firms. You might also ask yourself why the Brook's course isn't the industry standard for teaching new traders. You can bet yourself he would promote that if so were...

That was a nice dump into the Close. :cool: Closing below last week's mid-point and closing in on last week's Low. Gravity is definitely weighing down on the markets lately.

Targeting 4390/4410 today as the bias is higher for today. A drop below 50 negates that scenario.

Could be a lucky streak on my end. Too early to tell. I try to stay humble. I do however disagree with the notion that it's a 50/50 proposition as the price behavior of index futures clearly are not random.

Outside Day in play.

Another thing to consider with LeeLoo is their f''ked up payout schedule. Basically, there's a cap on how much you can withdraw on your 1st, 2nd and 3rd withdrawals and they're spaced out 1 month between and a requirement of 30 trading days on the first payout. In effect, this means it will...

Like taking candy from a baby. :) It seems to me there are some very easy scalp trades off the Open most of the time if you're nimble and know where to enter. 3 trades in fast sequence today. + 3,0, + 1,5 and + 0,25. The last one would have been a full winner, too, but it was more uncertain at...

5 lots. One loser last week at 6.5 points. Hard stop is submitted at 10 points upon fill price, but I will try to not take a full 10 point hit. Generally, I try to capture some momentum, so if no follow through I'll happily take a tick or two and wait for the next trade.

I've been thinking about that too, but it's possible he still does go for one point. It's only a few years ago and the ranges were still quite good then. I think the key with his method was that he had settled on a conservative daily profit target that he felt he could achieve on a daily basis...

How much did you invest and how much did you lose? Are those unrealized losses? Never listen to experts. Not in this thread either. :) I've had my share of losses - but always shrugged them of confident I'll make it back in the future. I suppose we all handle it differently as our response to...

Thank you. The goal is to eventually scale up contracts and not profit targets, so we'll see how that goes. I keep in mind that guy I talked to who simply targeted 1 point per day on 30 contracts. It's a different way of approaching the markets.

3 trades today. Done after 15 minutes. 2nd trade was 1 contract only as I switched ATM strategy from 3.0 to 1.5 points and NT automatically resets to 1 contract and I didn't notice it. + 3, + 1,5 and + 1,5. I will probably stop posting now. I just figured I could post for this week as my...

Done. Bounce or drop from here.

Probably a drop to 90 on the Open. Long from there if that holds.