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I spotted trading, particularly day trading, as gambling right from the start. I don't have a problem with that. My gambling addiction, if you want to call it that, is a very small part of me. I recognize the addiction rearing its ugly little head when I see a trade going bad and I ask myself...

With that kind of action, you can do pretty good buying at the lower Bollinger line crossing, selling at the upper. When it has made two good bounces up and down, you can almost always count on 1 to 3 more such bounces.

I don't care if MNQ has topped or not. There will always be a dip and a correction just about every day. When it pierces the lower Bollinger twice and then starts making a green candle, I pay attention. I go in with a single contract and if it goes lower, I buy another and another if it still...

I know this much. If I honestly wanted to share something with the community I would rather post it one time (and I have shared stuff, more than once.) than PM it 20 times. Noobs, beware. I smell another snake oil seller. I could be wrong of course. YMMV. Yes, I know there is such a thing as a...

So you have 12 posts and you want noobs to PM you about your fantastic strategy that you won't post on open forum. I think I see where this is going.

Crap on a cracker! They certainly don't baby you, do they? Once you're in, the maintenance margin is like "how much you got left?"

Well, you would want to have enough margin for at least one contract. Last time I checked with IB, for MNQ the required margin levels per contract were: INTRADAY INITIAL 1552.14 INTRADAY MAINTENANCE 1411.03 OVERNIGHT INITIAL 2217.34 OVERNIGHT MAINTENANCE 2015.76...

Figure out how much money you can afford to LOSE. Then trade with 10% of that, no more, until you double it. Then trade with 20% of what you can afford to lose until you double THAT. Never trade with more than half of what you can comfortably lose. Crash and burn, live to trade another day...

funny you should mention that. I was just playing around with double bollingers like that, on Trading View.

Lately I have just stayed up most of the night. I sleep from 1515 to 1530 and again from 1600 to 1700. HAHAHA okay actually I catch a couple hours after 0100 and then wake up really early. Oh, and I sleep pretty much 50% of the time between FRI close and SUN evening open. NASDAQ has been awesome...

I think I did but I don't use that. I have a few favorite indicators I use on my TradingView charts but on TWS I am just using the default settings with Bollinger Bands and sometimes I bring up the volume bars but they don't stay up all the time.

"Do you use a Mac or Windows for trading ?" Actually, no I don't. I don't use Mac or Windows for ANYTHING. Never used Mac. Haven't used Windows since W8 came out. Linux all the way, here at Maison Growley.

Chasing stuff like that is fun and challenging, but for every huge win you make, you make a bunch of losses. There are easier, steady-Eddie ways to get up over the magic ceiling that will actually get most traders there a lot quicker. I'm not greedy but I made 5% today nice and easy, on MNQ. I...

Ah ok. Yeah his tweets used to drive me crazy. I guess his tweets probably cost me a good $10k.

Cool. That's the one I have been working with. I started out with MNQ the first time I dropped below $25k, and I was trying so hard to get my account back up I was a little off tilt and lost quite a bit, and I went back to swing trading stocks and ETFs. I just got back into the micros and I just...

Meh. I'm out until it starts moving some direction other than sideways. I made my 1% today on the noise, but I friggin had to earn it. @maxinger you're right, it was a lot easier to trade when it was under $10k. A license to print money. And it had plenty of headroom. I still think it will hit...

Do you have a general favorite Micro to trade? What are your reasons for your preference?

Okay, thanks for that. Just wondering... do you have a stop under any of your MNQ action, mental or otherwise? I got one but it is kinda low and only on half my total position, basically just a disaster preventer

Okay, let's say I am trading MNQ and watching 5min, 1hr, and 1D charts. Let's say I am buying a contract when it breaks the lower Bollinger Band line, and selling one contract when it breaks the top one. Now let's say on the 5 minute chart I expect a breakout "pretty soon". Is there a way to set...

So I just spent 20 minutes drawing all sorts of lines on a chart, removing them, putting new ones on, and just extrapolating sort of just to have something to do while my position simmers. I am thinking 15,000 sometime between middle of May and middle of June. Anybody have a similar hunch? I...