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    Intraday trading is easy

    wide stops, not trading too short term. That's what made me get very profitable. The real short term intraday stuff...very very difficult. longer time frames, wider stops that helped me alot.
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    Intraday trading is easy

    I guess I'm an idiot, it took me 8 years.
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    Thomas Peterffy, founder and CEO of Interactive Brokers.

    I love his commercials and marketing...honestly He basically stand in front of the camera and says: Interactive Brokers is ApeSh$T, and my accent is creepy, you can't lose with IB
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    You staying out because of the election?

    Republicans maintain the house, no idea what that means for the market tomorrow. Very low probability Dems win the house.
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    Selling ATM options with hedge better than selling naked OTM?

    Great question, I'm curious if there are other traders out there that do this often. I've never been that successful trading options. I feel like I can only generate 7% per year selling deep out of the money, if you shoot for anything larger, you are exposing yourself to pretty large losses in...
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    Little experiment trading ES using NQ

    I trade 10 different markets, Equities are only 1 of 10. NQ is that 1 of 10. Crude, Gas, Currencies, Bonds.... So much to trade, there is always something moving pretty. Equities trade nice 4 days a month in my opinion rest is chop. Just my opinion.
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    You're a Liar

    Took me 6 years to understand and and 2 years to learn how to execute...Now I make money most months trading futures.
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    Little experiment trading ES using NQ

    I like NQ's over ES. I find ES a bit "less clear" with technicals. Those "ES Only Traders" never made any sense to me.
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    Overcoming fear

    Stocks generally go up, you should deploy a long only strategy and master that way before you try to learn to short.
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    October Performance

    In relation to my original post, volatility equals larger moves... but what I am wondering is, when you all look at your technicals, do they become much much clearer in times like this? It was a very smooth month for me, I read the technicals very well, and wondering if this is simply the...
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    October Performance

    That's alot to analyze there. I define myself as an "intra-week" trader. I don't know what to conclude after this month, I think we had a technical top (retest of feb 2018 highs, and then a selloff after the retest), pretty standard move and semi obvious in real time, and clearly obvious in...
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    October Performance

    October has been my best month in 19 months. Question, does anyone notice when volatility pics up technicals become much easier to read and "prettier" ? The increased volatility helps because moves are more pronounced, and more dollars to be made... but it is the technicals in my opinion that...
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    Do you know, who you are trading against?

    I 2nd that, the Chinese
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    Why Trading is so Hard

    I would suggest handtesting theories ideas that you have, hand test until your eyes bleed. If you do it long enough your pattern recognition skill will improve and you will see things that your typical retail trader will not. That is how I learned.
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    Why Trading is so Hard

    Excellent points, and this aligns exactly with how I trade. New traders need to understand the forces at play: Brokers need to keep the lights on- Markets seek to take price where there will be the most volume (weather it is intraday intraweek or intra year, markets move to the spot that...
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    Why Trading is so Hard

    Most people don't have enough capital, or current income to support the fight There is no real place to practice, you are competing against some sophisticated MotherF***** You have no edge, or have not taken the time to develop a real edge you are not patient enough to execute the edge even if...
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    Why is TT data so bad?

    What kind of "Massage" are we talking about here?
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    Moving Stops to Break-even

    I trade NQ's and once up 10 handles, I move my stop to break even... My max risk on NQ's is 20 Handles in general to understand my risk profile. I made a change recently which might answer original posters Question: I now scale into a position, lets say from the short side, Last night at...
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    Recommended News Feed

    If you are looking at news to get an edge in trading, in my opinion you are wasting your time. I follow very little news, I read headlines after a heavy trading day to see what BS they are printing after the fact of the market move. It's more for entertainment then trying to draw conclusions...
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