Search results

  1. W

    This market is WEAK!!!

    otoh, my methodology has benefited greatly from this market i have made more points in the last 3 weeks than i made in the 2 months before that. i simply love this market. of course i have always maintained that part of trading successfully is either being able to adapt your methodology...
  2. W

    This market is WEAK!!!

    "this market is wierd, it sells off hard on volume, but then rallys on light volume. Now normally that would be bearish (but at least until now) it just keeps going up on light volume. Perhaps its changing but very strange action." read the frigging tape retail traders are shorting the...
  3. W

    Berkshire Hathaway Loads Up On Financial Stocks

    this guy is a complete idiot brk.a is basically flat for the year, and that's his metric for criticizing buffett? buffett is not a short term trader. he has said (and his investments reflect this) that he's not interested in short term gains. he's in it, as is his company FOR THE LONG...
  4. W

    Poll: Is it humanly possible to capture 3x ATR everday?

    in this current market environment (last few weeks) expectations and results are even better than 2 ES it is entirely doable to catch 40+ points a day in the dow, which is about 4 ES i don't know how long this will last, but while it does -it's a dream market heck, today you coulda...
  5. W

    Cbot Down!!!

    i can't believe all this whining again, you can OFFSET your positions when CBOT is closed by using DIA or by using ES exchanges going down is part of trading if you do not have a risk management plan to deal with these things then you should not be trading. trading is about DEFINING...
  6. W

    Cbot Down!!!

    "......i figured it'd be going down and its too much risk to trade it when you have 100 point moves every 10 minutes so i just traded es......crazy, why is globex so much more stable than ecbot." there is NO effective risk when you can simply take an opposite position when CBOT is down in...
  7. W

    Is Market Delta a MUST ???

    well, key reference areas (support and resistance lines, market profile levels) etc. are not lagging indicators. if you consider them "indicators" look at it this way. assume a 1 pt YM spread. there are bids down the line from the inside bid down there are offers up the line from...
  8. W

    Day Trading don't work

    you CAN do more. the question is - WITH WHAT AMOUNT OF RISK example: i have a demo account (in addition to my advisor and personal accounts) with IB i opened it with 100k and went HEAVY HEAVY long Nikkei futures, gold futures, oil futures, natgas etc. it went WAY over 400k. in...
  9. W

    Day Trading don't work

    i am not making "big money" but i do very comfortably trading 2-8 lots of YM (i don't trade YM) it took me a while (and some mentorship) to get profitable i LOVE trading. and i religiously take my intraday futures profits and put them into quality stocks and investments that i do NOT...
  10. W

    A lighter future than es

    i've found DOG is too thin, but DXD (ultrashort dow) is quite playable intraday
  11. W

    I'mhaving a serious problem keeping my profits

    what helps is having RULES a trading plan. everybody i train MUST have a trading plan. MUST have rules. because if you make decisions about trading size, about when to stop trading, etc. when you are already emotionally involved in a trading day (which you will be. because you are a...
  12. W

    Is Market Delta a MUST ???

    look, it is NOT smoke and mirrors all it does is compile (in an interesting way) data that is already available to ANYbody who knows how to read tape. and as a futures trader, i READ tape. i notice bid vs. ask pressure. that's all marketdelta is. it is not a trading system, but...
  13. W

    Day Trading don't work

    you need to find a market(s) where you have an edge all these people saying "follow the trend"... i generally don't most of my trades are mean reversion, which STATISTICALLY speaking has been MUCH more profitable over the last few years almost the exact opposite of "trend following"...
  14. W

    I'mhaving a serious problem keeping my profits

    i have mentored many traders and money management is among the most important (and neglected) aspects of trading personally, i have several accounts. in all my DAYTRADING accounts (contrast with investment accounts), i am mandated to sweep profits AT LEAST once a month mandated you...
  15. W

    A lighter future than es

    you can trade the DIA and SPY single stock futures, which are only $1 per point vs. $5 per point for the YM and ES. they are very thin, and have a wide spread. they are good for swing trading, when you are targeting 100+ dow points for example (although in this market, 100 points is now an...
  16. W

    Is Market Delta a MUST ???

    marketdelta is "ok" at best i have an ELD for tradestation that does essentially the same thing - but for free free is better :) i *do* pay attention to bid/ask pressure. it acts as a decision support structure. but one does not need marketdelta to have/use that info i *did* get...
  17. W

    Berkshire Hathaway Loads Up On Financial Stocks

    buffet is one of the greatest investors EVER i know a guy who (like me) runs several different strategies in several different accounts. one of his accounts is a mirror account where he basically mirrors what buffet does. that's it. buffet has to disclose, and he just follows that, while...
  18. W

    someones running for cover

    like so many things, make a comparison... puts it in perspective the issue is not (so much) how low the yield is. (which is low of course) it is that it is at ALL TIME lows when taken in relation to the fed funds rate iow, the (fed funds rate - the 3 month rate) is the largest it has...
  19. W

    If there's a buyer for every seller,why isn't there a bull for every bear ?

    i didn't say "index fund" try to keep up. index funds are a proxy for "the market" you can't pick exactly what stocks investors would have chosen, but using the indexes (broad based) as a proxy for "the market" i repeat there has never been a 20 yr period in HISTORY where dca'ing...
  20. W

    Has the S&P 500 futures hit bottom?

    VIX is not a market breadth indicator. Adv/Decl is tick is. VIX is a measure of the premium that traders are pricing into options. it is not a breadth thang by any reasonable definition of the word "breadth" TRIN, TICK, Ad/Decl etc. are breadth VIX is not
Back
Top