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  1. J

    Fed announcement and trading

    When is the next announcement? I have been to fed website but the calendar has tons of stuff on it
  2. J

    Fed announcement and trading

    I agree... I have seen some wild swings at announcement,,, can and will blow right thru your stop and you get some awful exit price... I am flat right now with 13 mins till Fed,,, will stay flat till at least 10 mins or so after
  3. J

    Fed announcement and trading

    just checking... should have posted this earlier... do you go flat for the announcement, or if you are in a trade hold it?... I have done both
  4. J

    Scalp VS. Runner

    age old delima... but I struggle with it... I trade NQ off Bar charts with 2 moving averages. I exit when I get a bar closing outside of my current move Under for longs... Over for shorts...so I am both entering and exiting off structure. The thing is that I have alot of trades that...
  5. J

    Your most valuable lesson

    just checked in on my thread... lots of great comments... I am working on a formal, written trading plan. I have one, but it does not cover all the aspects it should... I am attaching a link and format I found on CME website...
  6. J

    Your most valuable lesson

    this should be fun. And I’m sure there will be the typical ET trash talk. Question: what’s the single most valuable lesson you had to learn to be successful as a trader? For me it was strict loss limit rules. I follow the 2% rule now. But I used to risk even up to 25% of my account on...
  7. J

    Study: how long does it usually take for a 10%+ “small correction” to make new highs

    Looks like we just found out. Approx 90 days
  8. J

    to all index traders

    I prefer the NQ and ES. And I say $10,000 to trade 1 contract, risking max $200 per trade. Trading USA regular market hours. Good trading to you.
  9. J

    Trading with Renko Bars

    I agree. Nothing. Tick based vs time base. It all works. And it all doesn’t. The more experienced I get, the more I realize that this is an art just as much as science (technicals). You gotta find out what works for you. For me less is more. I have gone to WAy way fewer indicators...
  10. J

    Trading with Renko Bars

    thankyou for your helpful comment
  11. J

    Trading with Renko Bars

    I have just discovered this setting for charts. WOW! it really filters out the noise of every little tick. My trading feels WAY WAY more controlled. Anyone else using these??
  12. J

    Just wore out... anyone using Trading services for trades?

    Wow. This thread went on numerous different directions. So I guess I’ll have to chime in on the whole supplement discussion. If you want your mom blown look up the inquiry that was done by New York State Attorney General a few years ago. They found that was said to be in the products is not...
  13. J

    Technical Indicator to stay out of choppy range

    thankx... I feel like there is always more to learn. If I had this rule applied just for the last 2 days I would have avoided a bunch of whipsaw loosing trades. Yesterday actually would have been 0 trades. I am sure I will refine this over time,,,, but I got to try something to keep my on...
  14. J

    Technical Indicator to stay out of choppy range

    days like today just chew me up. I trade emini futures. I have looked at all kind of ways to have a "stay out" alert. Chop index, VIX , VXN, Volume, RSI, etc.... ATR I think makes sense. for the NQ I have back tested a over/under reading of 10. On the really choppy days it appears that I...
  15. J

    Fees and taxes

    Specifically I’m talking about the broker commissions and the exchange fees trading index futures
  16. J

    Fees and taxes

    Answer. It’s a reduction to cost basis https://finance.zacks.com/stock-commissions-paid-tax-deductible-irs-filing-8230.html
  17. J

    Fees and taxes

    Can someone please explain to me how commissions and fees play Into income tax or not? I would think that is a direct deduction against annual profit? I’m am in USA
  18. J

    Nq Big move at market close

    nice call Buddy,,,,, I LOVE LOVE LOVE the short side,,, we make money while 99% of folks cannot even understand what a short sale is.
  19. J

    Nq Big move at market close

    Well,, I do not believe in holding overnight. Maybe at some point I may leave on 1-2 contracts for long term swing. I have looked at that and back tested my strategy and I make more by day trading, but of course it is much more work, but I like it.
  20. J

    Nq Big move at market close

    Thank you guys . By some miracle I happen to be long right when that big push happened. Very unusual for me to be in a trade at all that late in the day
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