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There's a lot going on overnight these days. And arguably, it can be easier to trade overnight sessions. The price action is a lot cleaner imo, but the liquidity is still there, at least for smaller lot sizes. Curious to get others thoughts.

I try to keep things simple and focus mainly on the candles mainly 5m/15m/1h, with 4h/1d giving me the bigger pictures, volume, volume profile and vwaap. Consideration is given to ADD, VOLSPD, for trending days. I know tick is popular with scalpers, which isn't really my style. curious what...

if you can find edge as a retail trader, why can't you scale that up? what's wrong with <$20k/month? that's more than what most people make anyway. Are you primarily coming from the angle of day trading? because the time frames matter a lot. believe it or not, there are profitable retail...

and what separates the marginal/losing traders from the winning ones from your observation? As for the salary thing, I asked about that in the other thread I made and the overwhelming response I got was something along the lines of "why should you expect a salary". Maybe the industry has...

so what i'm getting here is that the main difference between good vs bad traders are mostly the same between prop firms and traders. And yes, I do realize that there are a lot of predatory prop shops who aren't even necessarily profitable from trading. What are some red flags to beware of...

i know failure rate for most retail guys is 90% or something like that, and higher for intraday traders. I've heard that only 10-20% of prop traders make it on average. Do they fail for the same reasons as retail traders, or is it mostly other factors like stresses of intraday trading...

it still doesn't make sense to me. i understand if new information comes out on a company, like record subscribers, delivery numbers, mergers/buyouts, that would affect future outlook of a company. how is a bunch of money flowing into a stock considered already priced in?

how is it priced in? the index funds haven't added it yet, just the speculators.

would you mind addressing these questions from pg 3 too please? thanks

$60-80 billion of buyers incoming. sellers are ready to take profit on an super hyped up company that only recently just became profitable, but 10x'ed its market cap in 1 year. of course, everyone is talking about this, which means institutions are going to try to stay one step ahead and exploit...

I've heard overnight prices can show where the important levels are and I've heard that overnight volume is nowhere near day session and shouldn't be considered. Right now, my understanding is for swing trading, overnight volume is not important for stocks (provided no significant overnight...

Also, have you considered trading fewer contracts, and widening the spread to take better advantage of theta decay on the closer to money contracts? is 10 pts spread standard for you or do you change it up a bit, depending on IV and other things?

a few questions about your strategy. -why pick /es over spx, where there's more liquidity? -how do you determine the % take profit or % loss in your trading plan? i personally trade more on the discretionary side. the chart usually tells you whether buyers or sellers are in control. yours seems...

i have BA 260-265 debit spreads for january. already locked in 1/4 so the play is almost free. expecting another push up, before locking another 1/4, and letting the rest ride

I've been watching youtube videos that SMB puts out. They provide a lot of info on what they do. But they obviously don't share everything, and not every prop firm is the same. So for those prop firms that offer mentorship to relatively new traders, what might that look like? Are you assigned a...

I agree the market doesn't care what patterns, levels, indicators I'm looking at. I just focus on price action and try to get a sense of who's in control. If I'm wrong, then I'm wrong, it doesn't matter as long as I manage risk. I happen to think elliot waves are stupid, but some people use them...

fwiw, i'm not an OTA student, though I'm aware of who they are. And yea, I don't think it's reasonable to charge that amount for stuff I think you can probably find for free. But that's the whole point of discretionary trading. You let winners run, cut losers short and manage risk. I've...

it's areas of distribution where big money is getting in/out. you can use it to structure your trade to see whether there is continuation or reversal. it has worked for me. similar to support/resistance that day traders use. don't really know what's difficult to understand.

I'm not following a lot of what you wrote. can you elaborate further? (can't tell if you're trolling me)

I have read/heard multiple times that trading the weeklies may lead to short term profitability, but usually lead to long term failure. However, I imagine there are some exceptions. Those of you who've traded options for a long time, I'm curious what you think of these strategies. - day trading...