Search results

  1. J

    Hit it and Quit it VS. Trading the whole session

    Yes MattZ,,, I will be doing that. I do have my blow away days, like a +13 on Friday, and a +10 earlier in June. But more times than not, I am not rewarded for the additional risk and effort to keep trading past my daily goal. It is a very tough decision. 2 trades or 3 and done. Even at...
  2. J

    Hit it and Quit it VS. Trading the whole session

    today is another example for myself why I need to hit goal and stop. early on i have two trades on ES, both winners and I am up 6 points. I then do nothing till 13:30 CST... end up hitting 3 trades for a 0, -2, and +1...net -1.... it just seems for me to have the goal, hit it and be done...
  3. J

    Trading in the Crappy Zone

    I want to start a discussion of trading during the "crappy zone". I think it is well documented that volume dries up around 12:00 EST and resumes about 2:30 PM EST. I will look very closely at my journal tonight to confirm. But my observation is that I may be better off just walking away and...
  4. J

    Is the VIX still pertinent?

    okay, this is my first trading day to ever put up ATR on my screen. It seems to me that a reading of over 1.5 or 1.6 is a good trading zone.... I can already see that when it drops to 1.0 or less it is that crappy chop action am I reading this right?
  5. J

    Hit it and Quit it VS. Trading the whole session

    easy bro! okay you have your opinion, but to call me an idiot... chill out... I am just trying to be the best trader I can be Okay, here's kinda a hybrid strategy.... I do not trade from 11AM CST (this is the ES from CME) till 13:30 CST...then if there is a setup I go. I am gonna look...
  6. J

    Hit it and Quit it VS. Trading the whole session

    Just looking for what you guys do. I struggle with this one. I used to trade the whole session and my attitude was that I would trade if my setup lined up. But, lately I have quit when or if I hit my daily goal which is 6 points on the ES. Sometimes (2 times this week) I have 2 winners in...
  7. J

    Is the VIX still pertinent?

    Ok guys,,,,, we are getting way off topic. I have to correct myself.. I looked at the data again...VIX average per day last 10 years is 20 this year it is 11.82.... I was using the VIX to determine how many points I set me exit at on the ES... 2 points, 3, 4, or 5.... last year from...
  8. J

    Is the VIX still pertinent?

    Chubly. Can you give me a little lesson on ATR. Like what's a low reading. High reading. Etc.
  9. J

    Is the VIX still pertinent?

    Which is why I thought it was so useful since I trade the S&P mini exclusively. Maybe there's a better way for me to choose how many points on going for on my profit target. Does anybody have ideas for me
  10. J

    Is the VIX still pertinent?

    So if my goal is to Try to predict the size of a move, is it gonna be 2 points or 5, then is there any tool for me? This is super important because I use bracket orders exclusively. So every time I enter a trade I have both a stop loss and a preset target for profit both as limit orders. When...
  11. J

    Is the VIX still pertinent?

    Everyone knows that the VIX has been has been low low low for a long time. I saw an article that this is the lowest volatility in over two decades. What I don't understand how we can see some decent swings on S&P but the VIX still stays at 11 or so. Look at Friday. We had a 30 point move...
  12. J

    What is going to happen to the price of bitcoin if the float increases

    OK let's approach this from a quantitative point of you. Are they even reporting earnings? Is there a PE ratio? Would buffet own this sstock?
  13. J

    AAPL

    very interesting.... ok it took a year to go from about $85 to over $140.... I wonder how quickly it falls to say under $115 or so??? bet it is way faster than it went up,,,, but I looked and the P/E is still at 17... I was surprised, I would have thought it was sky high
  14. J

    What is going to happen to the price of bitcoin if the float increases

    I was comparing this to tech companies that are long gone that also had no real product that anyone wanted, all of those companies went totally bust. This is like trying to tell the world that they need this. I have my opinion and everyone else has theirs... let's just agree to disagree and...
  15. J

    What is going to happen to the price of bitcoin if the float increases

    wish I could... but that is one expensive stock to short. I can't believe I am the only one who thinks this is just a hyped up stock ready to take a huge hit. The product is not in demand. People still trust their currency. I looked and found articles of why no money managers own the...
  16. J

    What is going to happen to the price of bitcoin if the float increases

    this is just another Tech company with no real product or service that is sustainable long term. People are still old fashioned... they want to deal with real money, me too. This will eventually be one of the biggest tumbles ever. How many tech stocks that had a product that was gonna...
  17. J

    Please explain Volume Number

    I am already out of the trade with a 3 point profit... all of my trades have a stop and an exit automatically in the system when I enter a trade.... as for am I serious.... yes very... I have found what works for me, we all have our opinions and beliefs. by having a volume rule it keeps me...
  18. J

    Please explain Volume Number

    NO No No.... I have to use a volume criteria, otherwise I will way over trade.... so I only hit go if the volume for 2 bars in a row is over the 6 bar average.... I have to have rules like this to protect myself
  19. J

    Please explain Volume Number

    the file I put up is a screen shot of CME chart.....
  20. J

    Please explain Volume Number

    This is the ES, Sept contract, CME website.... can someone tell me what the numbers I have circled mean. It is the bar at 10:00 AM... Does it mean there was 9,097 contracts traded in that 3 minute bar? or is it the two added together to make approx 19,000.... and what is the difference in...
Back
Top