As I've been saying for about 5 years, go long on dips and go long on breakouts.
We are gifted with markets such as US indicies where you KNOW where they are going over time (unlike currencies etc) so take advantage of it. Make lots of money and enjoy life
forget calling 'tops', lol
Get long like these guys. They've destroyed it today!
https://www.elitetrader.com/et/threads/gotta-love-zero-risk-in-the-sp500.85694/page-1496#post-4554039
I have it on good authority, 2750 is coming up soon
Depends on the instrument. If you want free money, trade the ES. Buy short term dips or Buy breakouts.
Of you like a challenge, trade FX or stocks or whatever as they can go where they want!
Put it this way
5000 ES is guaranteed at some point.
Will never go much below 1500
It is literally designed to go up over time. I was trying to tell people this at 1000 ES in the old ES journal, lol.
Even had a bet with, I think 'startraitor'? back when everyone was telling me were were 'over...
No reason for us to go down. I don't understand why everyone has been calling tops for the last decade. Weak stocks are replaced with strong ones. Rules are in place to limit down side. etc etc - It's almost never wise to short it. just buy dips and breakouts and literally everyone on this...
I need a very small favour.
I'm confident it will only take about 5 minutes max!
This is because I just want an indicator that already comes as standard with thinkorswim very slightly amended, based on the ninjatrader code for the same indicator.
So I need the 2 lines of code from the ninja...