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Unbelievable. I live in California, and the exodus to the hot business areas of the south is huge ( Check out the moving company reports on state to state moves ). Most of the people relocating are business owners, or higher wage earners. Almost nobody moves back from TX , NC, etc. or wants to.

You are exactly correct. I have been trading the MES, MNQ, and the MYM. This product is about your account size, and your risk management. If I was trading over 7 figures, I would not mess with these micros, but I am not. So I am taking a lot more trades, versus previously trading the NQ,ES...

I was referring to the recent 400 to 600 Dow point moves that immediately proceed a Trump tweet. The major move in the market has little to do with Tweets.

Understand the frustration vented above by previous posts. I have had some trades blown out of the water by Trump tweets, but recently have had some very good trades around his tweets. It is a new somewhat unpredictable factor to deal with. Nobody knows exactly when Trump is going to tweet...

I have completed several trades on the MYM, MNQ, and the MES. The MES holds a 1 tick spread most of the time, MNQ 2 ticks, MYM usually 3 or 4 . However on MNQ and MYM , had a lot of quick fills trading between the spread. Found product performed very well for me in the NY, Asian and European...

What your hearing is the sucking sound of money leaving the market. The Fed pulled the plug, they are probably the only ones who can put it back .

I guess I got Memory Lapse, I fully remember deep trouble in late 2007. I also remember the feeling of a potential pending disaster.

Trade very small, in market like this there maybe no supports or minimums. True you can point out logical bottoms, but a lot of other $ need to step in with you, or you may buy the new high going forward.

The Fed is deeply driven to get more data, unfortunately it is like to getting a better view out of the rear view mirror. Work fine on the straight sections of the economic highway, but not to good when the economy turns.

OK, I had this problem, the cause to your problem maybe different than the cause that created my problem. But on the chance its the same cause, mine was simply trying to come up with a system that NEVER loses, and to prove this to myself, I would take overtrade to salvage gains for the day/week...

What is being said is true on todays rules. The problem is between construction, building products, real estate, mortgage banking, etc. there is to much of economy set to suffer a big setback. Thus some new creative loan products ( or creative tax code incentive ) will be allowed and approved...

Exactly, once the margin is wrung out of the market, a rebound begins.

Agreed, the bottom hunt is the game. I at times have done the exact otm put strategy, I just make sure I do not commit all my reserves to it, as "Eventually" is sometimes a lot longer than I planned .

I always buy the dip. The question is where is the bottom of the dip ?

First, let me congratulate you for some things your doing right. You actually studied something before trading, You got a strategy, You actually got in the game. I agree with comments trading is gambling, no 100 % certain holy grail strategies, no loss proof systems. The only thing that is...

Your geographical observation is fairly accurate. But don't feel bad for the teachers and the police , the public service employees union has made these positions very sought after careers. The pay and pension for teachers is highest in the nation by a wide margin over any other state, and...

I live in California, the housing prices/rents cost spreads across the state are probably unmatched except New York ? Most Californians would never dream of being able to afford living in the places their whining about suffering. Most Californians live inland in less expensive areas, with less...

Yes, it is a guide to check the option, not an exact exit, because volatility and time decay ( theta ) also affect options value. But it alerts you to monitor your possible exit versus an untimely Stop out.

Do not use stops on Options. You will get stopped out. With out getting to in depth, a sudden "large " order will go beyond "book" and catch your stray stop way away from the market . Or an unexplained change of volatility affected the price momentarily out to your stop, and then the...

Crude Oil 2018 Higher, the language is starting to sound deja vu before last big oil rally ?? High production fears, offsets to demand, Opec, an unbreakable price ceiling, to many rigs, etc. etc. I am long several oil/energy companies and staying long despite the chatter. No idea when move...