Search results

Agreed. All my brokers really love me. But I don't mind paying them--as long as I come out on top at the end of the day. I take 10 to 20 trades a day on average. I am working on getting that below 10, and 7 today was good. It's only "over trading" when you are losing money. I make a LOT of...

@volpri Wasn't that a great article? Most days I can hear the beautiful market music, with catchy melodies and swelling crescendos. But candidly, I have been faked out by the Fed way too many times and "bullish expansion" sends shivers down my spine. A strongly rising market is my most...

Good advice. If I see stellar trading conditions where everything seems to be clicking, then I should consider keeping the machine on. Thanks. Most days, things do dry up a bit around 11:40 because of the NY lunch time. And because I have real estate stuff to do, that is a good time to...

Thanks for the well-wishes. I loved your proposed prize, LOL. I try to trade only during the NY session, but I can imagine liquidity issues. I did hear that the micros volume has increased dramatically in the last 6 months, so maybe it is spilling over to other time frames as well. Good luck.

This is my AMP report. Just verifying the trades today. 3 MNQ, 3 MYM, 1 M2k = 7 total. $5.46 commission and fees/7 = $.78 round trip. So nothing has changed on fees. I wanted them lower, but at least they didn't go up. So my net for the day was $43-$5.46 or $37.54. $37.54/7 = $5.36...

You may be right. But I do have a good track record. Check out the old journal. And remember that a $5 micro trade is really like a $50 Emini trade. The margin would have supported all my trades today had I done Emini's. That would have been $400 today, or a 20% return in one day. But I...

Can the market go higher from here? Seems really improbable. However.... http://traderfeed.blogspot.com/2020/01/is-very-strong-market-due-for-correction.html?m=1 This article was written just for me. I like the summary:

Thanks @Overnight. You are kind. What is the link to your own journal again? Your profile page is locked.

I am back and I started a new journal and adventure: https://www.elitetrader.com/et/threads/2-000-to-200-000-in-2020-at-2-00-per-day.339591/ Please join me again. sstheo

I am back. Happy new year and decade! This year, 2020, I am going to try to safely turn $2,000 into $200,000 at 2% per day by building on the adventures I had here in my Micro E-mini Madness journal: https://www.elitetrader.com/et/threads/micro-e-mini-madness-2-per-day.335221/ Main goal: 2%...

Nice recovery! But lets talk about this. This market only went one way today. UP. We are in a total short squeeze right now as all the traders who were wrong are having to buy back at higher prices. This creates an evil domino train that sucks the life out of small traders. Instead of...

@Billicare I am glad you got my message about SLOW GROWTH and are doing this the right way. 2% per day seems so doable. I have watched so many traders make 5% or 10% in one day and then give it all back- plus more- the very next day. Just because we can use the full leverage available...

Regarding @Billicare's comments about accounts going live at the discretion of the funding company-- With OneUp (and I assume LeeLoo), once you make it "live" they will not set you loose loose with the full emotion of real-money trading. But they know that because of that emotion, a newly...

Hi Axon. This is @Billicare 's journal so I will be brief. I only "imploded" because I agreed to withdraw funds to keep my significant other happy. I am guessing that most traders value the other humans in their lives and take the necessary steps to at least keep the peace. But I will be...

Thanks for the many posts Bobiz. The "sabotage" was indeed self inflicted by not having clear expectations up front with my wife and by not yet being able to either (1) go with the massive bull runs or (2) stay OUT at the right times. Almost done with Leeloo. And I had a nice surprise in my...

Great chart and thoughts, thanks. Want to keep the wife. I should finally be funded with Leeloo (Natural Trading) this month. I had the same profitability issue with them the last few weeks, but it is finally coming together. They key, as always, is just staying alive.

Hi guys. The March of the Bulls (27 days and counting) and my "reversion to the mean" style are somewhat incompatible. I haven't learned enough yet to just "go with" the bulls - to more and more new All Time Highs. In fact, I have been pretty quiet here because my live AMP futures micro...

Well, we made new all time highs again yesterday. What a ride! My mind is blown, but my account is intact. The bulls are happily frolicking in their new elevated pasture on the side of the mountain. They appear to be taking a rest. Historically Nov and Dec are strongly positive months, so...

I like to look at the 4 to 6 best sine wave cycles on the 15 min ES chart. The following chart is the composite cycle. Historically, my charts only have about a 60% accuracy through the first couple of pivots, but it it will often keep me out of bad trades. In other words, if I am going to...

A crazy down and up day today! I ended the day up a bit on my balance. On MNQ, I traded a bit pre-market and then 2 trades right after the open: The 250 sma on my 10 point range bar chart was down to flat, and all these were shorts. The MACD was high to rolling over in most cases. I...