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  1. masterm1ne

    How do you diversify your trades?

    Diversification can or can not work. You could 'diversify' and trade 2 different instruments for example but if you have a true edge then it likely works on anything at any time and how is it different than just trading 2 x your size on just 1 instrument? It comes down to having a plan and...
  2. masterm1ne

    Best practices for trading income

    By the time I get to social security age which I pay 700$ every month for, I doubt the program will be around the way the US is going. http://www.militarytimes.com/story/military/benefits/education/gi-bill-ta/2016/04/13/iava-congress-dont-cut-post-911-gi-bill-ever/82946824/ I there has been...
  3. masterm1ne

    Best practices for trading income

    Some of you I don't think really know what the Federal reserve or Wall St or the Capitol are doing. You really need to watch Requiem for the American Dream. There is a part in it where he describes how paying taxes used to be done with a smile and are no longer that way. Love all the blasts for...
  4. masterm1ne

    Best practices for trading income

    It just occurred to me that when I am making $10-30k a month trading futures, that the US Government is going to take 3-10k of it to hand out to whoever they deem necessary (either people with no ambition/drive or banks too big to fail). What is the best way to prevent the government from...
  5. masterm1ne

    Chronicles of the NQ

    For the last 2 years of my trading I neglected to define the trend and look at the daily bars. They give you major clues to which way you should be trading. NQ has been in a downtrend for the last 7 days... It isn't even close to being up (the major up TLs from 11 Feb - smaller one from 29 Mar -...
  6. masterm1ne

    Chronicles of the NQ

    You're done already? There is probably at least one good trade left and there is a good chance we are going to trend till close... at least you shorted, I was all long :| TF just ran 100 ticks straight while I'm stuck in this 60 tick NQ range...
  7. masterm1ne

    Chronicles of the NQ

    They will be going away next year it seems http://www.elitetrader.com/et/index.php?threads/what-is-with-exchange-fees.299170/ I am considering pay the fees once I get my grove back. I had to reformat my trading plan altogether this year. So NQ is fine while I adjust. Today for example TF has...
  8. masterm1ne

    Chronicles of the NQ

    Yep and it's pissing me off. I compared it to the Russell 2k the last 2 days were way more trendy than the NQ...
  9. masterm1ne

    Chronicles of the NQ

    One thing I noticed that I think is accounting for your lack of success (and mine partially) is the ability to let profits ride. Just looking at your trades they are almost always less than 100$ profit. 100$ loss is reasonable in NQ. The NQ's ATR is avg 55 pts the last 5 days and in Jan/Feb it...
  10. masterm1ne

    Its impossible to be profitable in trading as a retail trader

    Prostitues are still trading their time, sex for money. Just as the illegal operator might trade his liberty for jail time.
  11. masterm1ne

    Backtesting ideas?

    You don't really need to "back test" anything because so many people before you have back tested and written about their results. But if it will give you piece of mind, I guess it's worth it. I know you're confused by the lines I draw on my charts, so I'll add some words this time. Here is my...
  12. masterm1ne

    Its impossible to be profitable in trading as a retail trader

    If your holding a basket of stocks that fluctuatie and u have to keep your money in them to get paid a dividend, how do you make out so well? Some of them will devalue as you hold them, offsetting your dividends... I'd much rather be a trader?
  13. masterm1ne

    Its impossible to be profitable in trading as a retail trader

    There are similarities and differences, as a prostitute u take a risk that your not going to be killed or get an STI and risk the guy just screwing u and not giving u the $, IE no guarantee of gaining more. Everyone is a trader...
  14. masterm1ne

    Its impossible to be profitable in trading as a retail trader

    Who the hell knows? I had a thought maybe I am just in my own little imaginary world where I can do whatever I want... pls don't tell me I am not!
  15. masterm1ne

    Pictures of your trading stations

    Yea. Mines a touchscreen (not helpful for my platform) but it's got 8gb ram with an i7. Works good enough.
  16. masterm1ne

    Its impossible to be profitable in trading as a retail trader

    Sadly no, I'm just an average male.
  17. masterm1ne

    Its impossible to be profitable in trading as a retail trader

    Just because you can't see it doesn't mean it's not possible. If it were impossible, how did I almost catch the bottom today, and know exactly where to get out of my long at the high of the day? I also scratched the ones in the middle of the range which were all bad. And every day is similar.
  18. masterm1ne

    Pictures of your trading stations

    How in the hell can u trade that... I have a tough enough time with 4 charts...
  19. masterm1ne

    What is with exchange fees...

    See what the fk... so exchanges swap contracts every few months...? At least my life will be back to normal in 2017... bastards. I need Russell to give me back some money yet. Besides, I can't even get all of those products listed on CME even though I'm now paying for them. Guess my broker...
  20. masterm1ne

    What is with exchange fees...

    Yea, I was kinda wondering if there are other brokers which don't charge you... TF is perfect for day trading. I didn't think of switching to IWM, I've always done futures. NQ is close enough for what I need, and I've though about going ES. My strategy is becoming longer term-ish, so ES will be...
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