Search results

No problem, that's just what I would personally do, to avoid having emotions take over. Unless you're really wealthy or have nerves of steel, as a new trader it's going to be hard to learn and make informative decisions if you're seeing potentially $100.00-$200.00+ swings in your account in a...

But you can trade QQQ and SPY and also other intra-day ETF's that provide a little more leverage, that track NQ / ES futures extremely closely. For example 500 shares of SPY = 1 ES futures contract. Only with SPY you can buy as small as 1 share or up to as many as you want...

There's not a one answer fits all. It really depends on your situation, size of your account , what you're trying to accomplish, how long you have to trade and etc. If the scenario is you can afford to day trade live and learn without needing to make "x" amount per month to cover living...

Just to be clear I have no interest in debating this very much. The OP asked a question and the responses I saw looked pretty smug, assuming and disrespectful. If that's not how it appears to others, or the other posters didn't mean it that way fair enough. At any rate I am not speaking for...

The guy is asking a question. I just don't understand why everyone act's like such an authority. Sure give your opinion, warn him or explain how you think or have never seen that work. That's not what you're doing. You're making an absolute statement that you know it doesn't work or...

I am trading now, you literally enjoy arguing with people as a past time. It doesn't matter if my definition of a hedge is wrong, why doesn't it matter? because you're claiming what the OP wants to do is not something that is valid to do and make's no sense. I've seen it done...

So, there's no one in the history of trading that has applied what the OP is talking about successful for any reason, even related to mental state, timing and/or margin? That's impressive you can speak for every trade in the world.

Don't forget to thank everyone for their recommendations on how you should be trading OP. Don't worry I doubt they'll be giving you any recommendations otherwise, put them on a live chart with a live account and you would hear dead silence.

Thank you for this, people's political opinions are always welcomed and normally spot on as most people can keep their emotions out of politics and they are able to be objective and factual. Actually it's more like facts in your case, particularly your first post. Just some of us aren't...

I've seen someone do something similar, effectively I might add, for a multitude of different reasons with futures(sometimes due to time issues / margin requirements and sometimes part of a strategy), so I understand generally where you're going with this. Ninjatrader allows you to set up...

There's the standard buying options for protection. The other way I've seen it done is to trade like 1 NQ long 8 micro mini's short and you can add/remove the micro mini's as your chart progresses / signals come in. You could also use equities to do an even smaller version of it...

The FED and/or big players or whatever you want to call it are heavily involved and moving around a lot of money. It's absolutely nothing for them to move ES 5-9 points to clear out stops on either side. You just picked an extremely difficult trade with the deck stacked against you...

I'd say psychology is the biggest factor demo vs live. But when using the rithmic demo paper trading, there was not a very wide margin between the demo results and live results (trading both at the same time in the same environment). Nothing even remotely close that would change the...

edit: nm not worth it

Their cash on hand is a lot smaller than most people realize, you actually have a pretty big account for being with AMP retail, likely one of there bigger ones. Still the way you're describing your trading doesn't exactly seem like it would be out of their acceptable risk profile, I use to...

Just comes down to the same thing can you consistently follow your plan or not. Average down is not inherently bad, for example if nothing in your setup has changed and you buy at a lower price, that's a good thing not a bad thing. But averaging down on a "loser" often gets you out of a...

Clearly you're an amateur CL trader. Price for CL is like a cylinder, not just up and down. It's probably too complex for your mind to understand, if it goes negative it's actually positive.

Didn't people just get caught that had no intention / couldn't take delivery so if you weren't going to take delivery than you were paying for the penalty of not taking delivery via negative prices? Isn't that what people are saying? makes sense to me.

If it's so certain or so bad why wouldn't someone just short it than? And if it's not that bad or certain to be an auto short why not trade it like normal anyways and just follow your setups? Don't get me wrong I can see why someone wouldn't want to be trading CL right now considering all the...

Someone was questioning whether people could trade May CL today. The only thing I am saying is it is 100% possible to trade it today as retail with some brokers. Some warn you and some ask you to close it by "X" time and if you do not they auto liquidate the position so that physical delivery...