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  1. mervyn

    ES Journal - 2021/2022

    I am a small fish. it is liquid during the regular hours. 10 lot each trade, target 1-3 points, stop loss 15 points, hard stop at 1pm, 3-7 rt if I can really focus only on es screen. Just made back over 5k today, still in red from yesterday but feeling better. esp after I saw NVDA skyrocketed...
  2. mervyn

    ES Journal - 2021/2022

    239 es contracts traded, not enough conviction to stay either long or short, too many long wicks, had to cut loss after rally money came in after 3pm. was doing lot of market orders to catch few ticks but didn't work out in my favor. anyway, i think i am done for the day, 30 contracts 6 points...
  3. mervyn

    ES Journal - 2021/2022

    yes, very bad lost yesterday and still reconciling, will probably take me days if not weeks to come back. a quick 2 points pocketed, probably a new high today again.
  4. mervyn

    SPX Leaps to Dec 2026!

    Or alternatively, you can spend 63k on spxl, that will go very far.
  5. mervyn

    ES Journal - 2021/2022

    A very big red day for me today, charts were confusing, had to close out.
  6. mervyn

    AMPGlobal not showing balance in realtime. Any brokers who do?

    quantower and Multicharts are free too. I am an old school so I used Multicharts, balance, buying power, equity are real time. mini is 1.85 per side, mirco is 42 cents, never had a problem. Amp statement is hard to read but never wrong.
  7. mervyn

    SPX Leaps to Dec 2026!

    take the midpoint, that is about 63k for 1 contract, a fair bet
  8. mervyn

    SPX Leaps to Dec 2026!

    good to know, buy 1 spx 5000 call dec 2026 will make you money for sure
  9. mervyn

    ES Journal - 2021/2022

    Only make 32 points on NQ overnight. 30 points is about 0.2% range, easily achievable almost any given day. not in front of my computer, can’t trade without charts. will sit out today.
  10. mervyn

    ES Journal - 2021/2022

    Long 1 March 22 at 4602 at open, let’s see how far it can go for the next two to three days. will scale back my volume until there is a new consensus on the street. Last month made 65% cash return, don’t want to lose it this month.
  11. mervyn

    Have You Stopped Consuming? "Supply-Chain" issues.

    shopping at walgreen halloween stuff, custom shevel mostly are empty. ordered a travel coffee mug on aliexpress in september for less than $9, still haven't received it, whereas on amazon, the same one costs $59.99, which is in stock I think.
  12. mervyn

    China beats the US in being the 1st in Exascale Computing

    I just don't believe these kind of semi-conspiracy stories. Sure the military has unlimited amount of money to spend, Oak Ridge, Livermore, Los Alamos are 3 labs to watch. If IBM and HP didn't punch in, all military has is old generation of computers.
  13. mervyn

    ES Journal - 2021/2022

    I think you should rec their daily statement to cash balance, the balance difference is likely a OTE, open trade equity, an unrealized gain.
  14. mervyn

    ES Journal - 2021/2022

    their quantower and multicharts can see a real time balance, without the commission.
  15. mervyn

    Recommended options strategies for beginners

    Not entirely sure what the objective of this conversation is. To beat the index you can buy SPXL. Every day we put money in the casino, form a long or short bias on a given timeframe before you enter an instrument. I trade options mostly to collect premium and long leap contracts, sits on 40-50%...
  16. mervyn

    Recommended options strategies for beginners

    how can you not make money on covered calls in the past five years? Any big name tech stocks would do. I was going to suggest the calendar spread. Whenever there was a period of uncertainty and market crashed, buy 2 year out atm leap calls and sell weekly calls to offset the premium paid.
  17. mervyn

    Recommended options strategies for beginners

    Covered call for part time beginner
  18. mervyn

    ES Journal - 2021/2022

    closed everything at 4601.25. wait and see, don't want to chase up. expect big drop 1%+ any day now.
  19. mervyn

    ES Journal - 2021/2022

    See the 20 points drop after Apple news, am watching NVDA earnings next week, maybe we are due for a drop if no one can buy stuff before thanksgiving.
  20. mervyn

    What instruments do traders in London and Asia trade?

    Index futures, other than fx.
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