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    What Happened to December 5th?

    I panicked as well not knowing what the hell was going on :) ...I watch hardly any TV, and don't follow the news at all. Don't need garbage in my head. The only stories I need, are the stories I make up in my head. Current Story: Big traders/institutions were looking forward to their 7%...
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    Increasing bet size depending on PnL

    When I started, I risked $400/trade, based on 30k of capital. Once my account grew to 60k of capital, I started risking $800/trade. When the account grew to 120k of capital, $1600 at risk per trade... and so on.
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    ES Journal - 2017/2018

    Short 6A, Long ZN
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    The effect of short CME Futures contracts on the price of bitcoin.

    I'm about to launch my own Crypto. It will be called Noodle, and they are colored purple. Each Noodle is worth $1. I'm distributing 500million Noodles soon, in exchange for $500,000,000. 1 Noodle is expected to be worth $4,000 in 6 months. Does anyone want to buy a Noodle from me? (there...
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    Lance Armstrong investment in uber

    hhahahahahhha
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    Did y'all catch that ES opening?

    Lots of "smart money" has positioned themselves long for Santa...we might see a Real panic in the next couple days. Markets are like 2 year olds, when shit doesn't go their way...it could hit the fan.
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    Bond futures - data feed - IB issue this evening???

    From CME Group website... Does this mean all futures reopen tomorrow night at 6pm eastern? CHICAGO, Dec. 2, 2018 /PRNewswire/ -- CME Group today announced that it will observe the passing of President George H. W. Bush with a moment of silence at 7:18 a.m. Central Time on Monday, Dec. 3...
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    Bond futures - data feed - IB issue this evening???

    Anyone notice, that there are no quotes for bond futures on the charts? I use IB and the chart aint moving since close late this afternoon. I also use Think or swim and that too seems halted? Whats the issue, anyone know?
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    Trading/Office Chair For Long Hours At The Screen....

    I just throw some of those beads you see in Taxi cabs on a walmart special...no complaints from me. Nothing like a beaded seat!
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    Anyone buying ES at opening today?

    Only trade I like is fade Euro, now.
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    Stop distance

    It largely depends upon how you like your steaks cooked. Rare- 20 points Medium - 15 points Well - 10 Points I would stick with that as a starter, tweak overtime. **** Thinking about it further...I trade NQ's and my stop is 20 handles...I also like my steak medium. 20 handles on nq's is...
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    Energy-Focused Hedge Fund Brenham Capital to Close

    The majority of hedge funds are a joke.
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    You ever hear of one of Karen the Supertrader’s Clients suing her?

    Even if you do hedge appropriately to offset catastrophic loss, your net returns should be fairly low (less then 10% per year)...that's why you are probably better off just buying SPY's instead of selling puts against it in my opinion.
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    You ever hear of one of Karen the Supertrader’s Clients suing her?

    Selling options naked is the answer to those who can't figure out how to trade...it's the grail. And remember, if you are selling puts on the SPX...you are simply long the SPX... So why not just buy it? To generate over 10% a year selling puts, you are taking on a quite a bit of risk where...
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    Calculating Leverage on Futures Contracts

    GC is very boring lately. Thanks for the feedback. I feel like I'm middle of the road with my "sizing" relative to capital but honestly have no idea because I don't really know any traders. Not too aggressive, but not too risk averse. I actually carry wide stops too about 1.4 to 1.8% of...
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    Calculating Leverage on Futures Contracts

    Bone I appreciate your input. You've been around a while, what is the spectrum of leverage you see of professionals/successful traders operate in? Being that I don't really know anyone who actually trades, I wonder where I fall in the level of leverage out there? I feel I am aggressive, but...
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    Calculating Leverage on Futures Contracts

    Outside of NQ, I trade 1 CL per 50k, 1 GC per 50k From a risk standpoint there is a major difference. Overnight, there is continuous access to the market to liquidate or enter a position. You can't do that over the weekend as the market is closed until sunday night. (Great spot to buy NQ's...
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    Calculating Leverage on Futures Contracts

    I trade with Bracket orders always, I've never had an issue getting out where I want to. Anyone else have an opinion on the size I described?
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    Calculating Leverage on Futures Contracts

    Its actually (2) NQ's per 50k of capital... 2 contracts. I did not feel it was that high relative to other traders.
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