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    This pullback seems different

    That would be the nail in the coffin for the Dems. Not sure what they are going to miss the most about this administration.... the abnormal level of terrorist attacks or the 60's race riots
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    This pullback seems different

    Many of my shorts worked well, but have since been stopped out for a $0.00 gain. My system is designed to let positions run. Picked up some longs recently NGVC and EURN
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    Questions for experienced ES daytraders?

    In my opinion es is pretty noisy, not a lot of rhyme or reason in the short run. I have had a lot more success with individual stocks. If you are new to trading...in my opinion...STOP focusing on intraday...and focus on the REAL moves multiple week multiple Mont multiple year positions...
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    ES day trading journal - my final attempt

    "I've known scores of men who were unable to wait to win. They are too impatient. They want to do everything all at once. When I was racing my horses, all over the world I always figured there was plenty of time. I would be out there with them at crack of dawn watching them. And I would see to...
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    ES day trading journal - my final attempt

    Other advice, I would take 2 weeks off and try to get away from trading. Also, try to rethink your approach. Is Day Trading ES really what you want to do? Probably one of the hardest forms of trading and in my opinion it is just gambling on noise. Just my opinion... I would argue the...
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    ES day trading journal - my final attempt

    Short term trading is much more difficult than longer term positions. Technicals seem to work better on longer term time frames. I recommend trading stocks over futures. I feel like the ES in the short term is mostly noise. Whenever I traded ES intraday it felt like pure gambling not...
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    Whats your opinion tomorrow morning on the /ES

    Yea...That was a hell of a squeeze. Looks like it has some follow through to the upside. Bears are in a bit of pain. I covered a little of my short position for gains. Still have most of it on though.
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    Whats your opinion tomorrow morning on the /ES

    Great Point Lawrence... I learned a couple years ago to never take "TIPS" from anyone. I took that piece from Livermore. You really need to make up your own mind in Trading. All I can say is the markets are very deceptive... this move today was a deception to the Bears, shaking out the weak...
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    Whats your opinion tomorrow morning on the /ES

    I think stocks are much easier to trade compared to ES. ES is boring and filled with noise if that makes any sense. Individual stocks are much more interesting. I'm with you buddy!
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    Whats your opinion tomorrow morning on the /ES

    I think the momentum on Friday will carry farther than we think. There are a couple longs im trying to fill...but they are a good distance on the downside...could take a couple weeks to fill them. I think though we might be surprised by this move, in how far it might move. Once the momentum...
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    Holy Cow.... Look At The Futures

    I feel like an asss when I am short. I hate the stupid smile I get, I really do. I much rather be bullish. I unfortunately dont even think the smart money has even had a chance to unload yet their net long positions..this could start to gain heavy momentum.
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    Wells Fargo fined $185M for dubious account openings

    It's unfortunate, and I'm no genius...but, people are generally not very bright with attention spans of flys. Over time, I'm sure the accumulation of complaints added up, and the attorney's jumped in and built a case.
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    Wells Fargo fined $185M for dubious account openings

    Agreed i960, well said, excellent. I'm buying WFC once it gets to around 42
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    Wells Fargo fined $185M for dubious account openings

    Once enough complaints came and the verdict was in, it was easy to trace the account opened to the "banker" who opened it and simply fire them. These "bankers" were glorified tellers making 45k a year with a potential of 60k with bonuses. My guess is, there were complaints for years, but...
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    Wells Fargo fined $185M for dubious account openings

    Boiler Room with NO money to be made, they ruled on fear. It wasn't greed driven by the "bankers" who sold the stupid little checking accounts. They barely made any money selling the stuff, they were just scared to lose their jobs.
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    Wells Fargo fined $185M for dubious account openings

    My cousin worked there, spoke to him last night about this: It appears Wells Fargo designed a system to create fear in the employees- Branch Banking Management rulled with an iron fist 3 "Beat up" conference calls a day Morning, Lunch, then at the end of the day Each Retail Banker was...
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    This pullback seems different

    This one might get dicey, I'm net short...Short about 8 different stocks mostly garbage. Long Energy still. I think this pull back could be a couple hundred SPX handles. For those SPX "Karen the Supertrader" followers, I would wait a while. In a couple weeks you will be able to sell 1200...
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    Call Out Your Potential Option Trade and Let's Discuss it

    Closed out my TSN puts, for about a 80% return. Bought at .55 sold at .93. They expire next week. I could be missing out on a 200% gain, or a 0% gain. I will take my 80%
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    What is your "normal " profession?

    I Sell low latency routes to the big guys. Just a salesman by day, designing algorithms by night.
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    It's been 3 years and I'm back!

    I remember that day very vividly in October 2014. That spike came after David Tepper announced about 1 week prior he was shorting bonds. I was wondering who was getting squeezed or who was taking money from who. I also remember calling my mortgage broker to see what rates were. As it pulled...
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