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I have an early meeting today, so I traded early. Things are starting to really get exciting. I am almost up to $600 now.

Wow, I am glad I am not swing trading these micros. I would have been wrong for sure on the overnight trade, looking for an overnight bounce, which didn't happen! Down down it went overnight. This is the daily delta volume ES chart. Today I am looking for neutral range trading or longs...

I did well today. The market was highly volatile and WAY DOWN after a huge spike up at the open. I is currently down 1% on the ES. I decided to stay out until we got some reversal action, and I got some. I am up $50+ dollars today. Patience paid for me today. Here is something I wanted to...

Net, after taking out $.78/trade. I look at the AMP statement at the end of each day for the real number.

Thanks. These amounts may be (1) just right or (2) too limiting or (3) too aggressive. These would be determined by market volatility and and daily profitability. Adjustment is encouraged! I have thought often about adjusting my stops and targets based on the daily ATR of the previous day...

Had some great scalp trades this morning. Notice that I did one of my first 2-contract trades but got nervous and flattened. It was $8+ in profit but then prices quickly popped back up and we were at Resistance. Once that Resistance is broken I know the market could really take off, so I...

I already gave up the greatly anticipated scaling idea at the recommendation of two excellent traders who are reading my journal. I appreciate the concern, but I don't think I can give up any more of the greatly anticipated benefits of trading the micros! I will continue forward with the...

Friday. Today was a totally crazy day. And today was my newest "best day ever" with $91. The market was all over the place, and I LOVE VOLATILITY. Most of my trades were longs off of bottoms like yesterday. I am getting close to the first $500 profit mark, which will allow me trade 3...

5th week almost done. 1.8%/day avg. https://www.elitetrader.com/et/threads/micro-e-mini-madness-2-per-day.335221/page-40#post-4933169

I got some good trades today. Here is my updated progress table. I may yet reach the $10k mark in 6 months total.

Last 4 trades of the day. The market looks like it is trying for a short squeeze into the close, but had a hiccup. After the hiccup I took 2 on MNQ and 2 on MYM. In each case I was far enough below the 50 SMA to try the scalps.

Here are three more scalps on MYM from today. Notice that the first one was a scratch. The prices stalled out, and I got a bit nervous about the trade. And this is when I hit "FLATTEN," as opposed to letting my stop get hit. My 40 tick emergency stop is for emergencies. My goal is to never...

I got some good long scalps this morning on the MYM: Even though I was below the downtrend line, the market was down significantly from the overnight highs, and I saw that the buyers had been strong down in this area the past two days. And I noticed that my 50 sma on my 5 tick range bar (line...

Good point Volpri, you need to have a reason to expect a reversal at a certain level, and using prior support or resistance like daily opens, closes, high volume nodes, fibs, etc can give you confidence in certain areas.

You perfectly made the case for getting OUT immediately when you see a trade is going against you or at least having a fixed or ATR-based stop loss and NOT averaging down. I have learned the hard way. You notice I am using a fixed 40 tick ($20 stop) on my live Micro account for this very...

Overnight, the beauty of this method is it does not matter how big the chart is. AND the R or S lines are VERY easy to see in real time. I agree that there are big problems averaging into losers on a day like yesterday, but the question was basically "WHEN should I average in - assuming I am...

7844.25 was the high this afternoon. Were you able to get out with a profit? Here are my comments on the scaling in. Volpri will have thoughts too, I am sure. 1) Most people say "Never add to a loser." I think this is good advice, but I don't think most people follow it. But consider this...

I think your many charts and techniques are perfect for a journal. You can call it something like "Scaling with the Micros" and you will get lots of views I think.

Funny, but I lost a bit yesterday and today I gained it back... My balance is essentially unchanged. What a crazy Pelosi Trump Impeachment ride! There are lots of unhappy bears today. And lots of unhappy bulls from yesterday who exited at the bottom to nurse their wounds. Indeed the markets...

Volpri, in your last graphic, you said you were "loading up on any PB." But I can't tell if you are talking about selling bounces or buying dips after a big selloff day.