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I could be dreaming, BUT.. If you are able to get in the correct direction with price moving AWAY from the closest and recent high/low less than 1 hour into trading why not hold for at least 1/3 or 1/2 recent daily volatility? Yes volatility will change but that's the reason for not attempting...

Do any of you have a problem of limiting your profits..? I close out trades with a seemingly subconscious limit which seems to be 15 to 20 points regardless of what the markets want to give for the day. Probably fear based.. I have ATM's to take advantage of a certain percentage of volatility...

Not easy.. After watching the first 45 minutes I simply did not want to trade. At least you got some experience. The mental forces are strong. My mental psyche when I was doing well very different from lately.. I see more loss in the PA than profit.. Mainly because it takes much longer in...

Looks like until Apple reports on Tuesday NQ will likely be messy/Up..

Hard to buy a seemingly overbought market.. spinning my wheels..

Held for decades for 1 point.. The variation in market behavior is fascinating.

You just have to let them go as they are rare.. a sign of serious strength for sure as Friday's doji was "supposed" to be a top.

Trying to watch a lot more and trade a lot less.. Either long in current trend or fade only if serious level failure... Was looking for long 2220 area.. will consider short on failure of 2255 to 2265 area.. otherwise no trading.

To all the pros here... Do you wait for reversals, or trade AT the price?

NO REPLIES?? Traders deal with this every day.. See attached... In an established trend buy NQ right at 2103.5 and 2164.5 supports OR wait for bar confirmation, then the risk is the trade is not validated over 5 to 8 points back, a risk amount I am not willing to take.. A smaller time...

Yes.. Point I was trying to make is most traders would be better off sticking to one direction for at least half the session... Short, Long, Short, Long, Long, Short, Short... Messes with your head.

My short bias hurting.. The long at 70.5 was to be held (textbook 1_2_3 entry), BUT! Don't know how BMW does it but trading has to have ALL of your attention. Jack of all trades doesn't work.. work or trade..

Using 8 range or 5 mins for entry but I am a basket case when it comes to micro entries.. Hit Printscreen... Open Paint, paste from clip-board, crop as needed... OR Download Screenshot Captor for free.. I use this and Snagit..

Do you have a frame-work driving your trades? i.e... is there something above that can validate a consistent direction to trade in? Whenever I don't or allow price wiggle to make me forget, losses show up.. See attached chart... Daily candle from Yesterday: LONG - bullish candle AFTER 4...

Closing up early.. wish I could have waited for the 40's but work calls.. 2149 should be "interesting" if it gets there.. +14.18 points..

Take 2 units only if account risk remains the same (smaller stop which probably doesn't work)... Adding a unit for scaling reasons doesn't make sense unless the second unit REALLY pays for itself rather than simple add risk. I have tried this only to find I got even more nervous.. you are...

Well said.. I actually changed platforms from one that had no other useful entry method other than the DOM.. drove me to madness.. I will ask the question you jas may not like the answer to... In recent months how has watching the trade every minute IMPROVED your results? Ninja does a...

Years of waiting for reversals after price level is tagged and still suffer stop outs.. Thinking of just trading at the level and be done with it as the frequency of stop outs after reversal is no better, possibly worse... The varied behavior of reversals also frequently complicates the entry as...

You trade count has definitely gone up lately... along with profit though..

NQ at a Crossroads... 1000 a near no-brainer for ES