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Okay but why?

Agreed. Most important breakthrough for me came when I committed to trading one and only one instrument (credit to Al Brooks on that one, he really hammers that point home in his books). It allows you to focus on learning all of its quirks. Been studying nothing but NQ price action for a year now.

God you guys love to talk in circles. To play along briefly, the best case scenario from 2021 to today is to buy the dead low of 3/1/21 at $298. You'd now be up about $85 per share. That's only $40 per share per year. The worst case scenario is to have bought the ATH in 2021 at 408, and 20...

Ever heard of cherry-picking? What if I had bought in December 2021 and held until now. How would things look then? Or should I have just known to buy on 1/3/23?

I'm addicted already. Long story short, I started learning about the markets when Covid hit and my day job switched to work-from-home. Had a lot more free time on my hands, needed a hobby, and 3 years later, I can't get enough stock books to read, and I'm fantasizing about quitting the day job...

Thanks! Reassuring points. I wanna level-up to it eventually, but I am taking the move very seriously. I doubt I'll even demo until I've had over 6 months of consistent gains with my current system.

Why day trading? 100 reasons. Suits my personality and risk tolerance better. I love closing out at 3:55 everyday, not waking up to gaps down. Also I feel like I'm able to be 95% technical, 5% fundamental with daytrading, which is where my interests lie, whereas when I would try to swing...

Great, thanks! I'll def take this as a 4 step process then: 1. stick with QQQ for several more months, 2. try /MNQ in demo mode, 3. try /MNQ 4. dip my 1-contract holding toe into /NQ. And if I'm being honest, I'm relieved to hear you say going back to the dawn of QQQ isn't worth the trouble...

Never tried bar charts before, I'll check them out, thanks for the tips!

Simple. To know if my edge has a decent chance of lasting. I'm not a discretionary trader.

What do you use to chart that far back? I trade off the 5min chart and I use Thinkorswim, pretty limited backtesting on that timeframe. My data only goes back 18 months, which is probably why I only half-trust my system for now, though the edge seems pretty clear.

I'm strictly a day trader, mainly of QQQ at the moment. I see that /NQ's price action is virtually identical to QQQ so I'm optimistic my system would work about the same. Obviously the increased dollar amount of a full loss though would be a helluva lot more stress.

I've been trading stocks and ETFs for a couple years now. My eventual goal is to trade Nasdaq futures. My trading system has been a work-in-progress until very recently. I finally like what I'm seeing from it, but I need a lot more practical experience with it. If (and only if!) I can get a...

The other guy.

This guy's prolly a paid shill, right? Doubt we'll hear from him again.

Interesting. I'm pretty skeptical of paying for these courses, but volume profile is def worth some study if you haven't already.

I read his book on Volume Profile and got alot of good ideas from it. I've yet to see OrderFlow presented in a way that made it worth the trouble of mastering. How much is the trading course you're thinking of buying?

Weird, I heard you had a larger stock book library than Mark Minervini.

Funniest example is how they 'rebranded' reversals as "change of character" aka "CHOCH." I guess "COC" was already taken? https://forexbee.co/choch-in-trading/

Agreed, the ICT guy is a total kook. It seems like all he did was rename S/R etc and repackage them. I've never found much more to it than that. Tried several of his youtube videos and he takes 45 minutes to start to begin to maybe sorta make a point. Cult style hypnosis tactic?