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I did not intend to sound defensive at all. I really liked your comment. I was just laughing at my own emotional response to my progress-- having spent so much time for so little money. I truly appreciate all your input.

LOL, I have only made about $230 so far in three weeks trading micros. I can easily do that in just one (good) trade trading the regular NQ. So it emotionally FEELS like I am just spinning my wheels. But mentally and logically I know that I am laying a foundation here of solid discipline...

ES, I don't follow what you mean by the "exposure." Are you talking about publicly posting my results or continually increasing the number of contracts I trade as my account grows, or something else?

Most private traders have never previously had the opportunity to properly scale. The micros have opened up a new world of possibilities here.

I appreciate your sharing the plan. I can see that discipline is paramount here, but when you go into "machine" mode it can be quite profitable. Congrats.

Thanks so much. It makes total sense that that volatility is the variable that determines your stops and targets and the scaling parameters right before each trade is put on. I will start looking into this now. As per my plan, I am getting close to having the ability to trade 3 concurrent...

Jasper, now that the micros have given me the opportunity to properly scale for the first time ever, I'd like to learn more about this. Can you share more or direct me to resources? I know that FuturesTrader71 did a YouTube video on this topic, for example.

What a crazy day today. I got three live account micro longs from the bottom after the FOMC report today. One was MNQ, and the other two were MYM. I waited and waited, looking for the bottom. I almost got it. Of course, after these long trades, the market fully reversed the down draft of...

My gray hairs are only showing up in the sideburns so far, LOL. And I am working on the fine tuning. I do see the benefit of bigger, longer trades and am working that direction for sure. The 24 tick ES mark is a great goal.

The fastest chart is my entry chart for sure, but I am watching all 3 right before an entry. I manage the trade on either the medium or fast chart. Yes, the brokers love me, but as long as I come out net positive at the end of the day, all is good. I don't care how much the brokers make. My...

On my stops I only use market orders. In the previous post I was talking about profitable exits. I actually prefer to front-run reversals by taking profits before everyone else does. As you can see in some of my previous trade graphs I have hit the exact top or bottom tick. That was a...

Yes, but with the lighter volume things are much more erratic. They either go NOWHERE or jump ALL OVER the place. Neither one is fun and my confidence in my normally good setups is shot. I am a momentum scalper at heart, so without momentum I am nada. So I am doing much less of this trading...

Great question Mr. ES . Usually I use limit orders for both entries and exits, but when the market seems to be moving quickly, I use market orders, especially for exits. I have seen $15 MNQ profits disappear in mere seconds before. I would rather get $10 on that trade than -$10!

Bobiz, the red/green SMA is from the public domain. What is interesting about this one is that in a tight range it turns blue. As with all things I discuss, you have to tweak to fit your style. ET doesn't support uploading of the .pla file for MC, so here it is on OneDrive. What is its...

There are lots of people who say that volume studies are meaningless. But my experience says otherwise. They may have a good system without it, but it has really made a positive difference for me. Assuming volume is relevant, where was the aggression? Who is moving the market? There are...

No live account micro trades today. I am trying to do better at not getting chopped up. Sometimes it is better to sit out. The FOMC meeting is tomorrow, and I correctly guessed that the market would trade in a tight range today in anticipation. The Value Area High from yesterday at 3004 and...

Bobiz, Here is one of my volume delta charts: 15 tick range bar on MC. The yellow dot is the point of control, or largest volume traded on that candle. Because we are after hours, the volume is lighter and there are more gray bars (neutral) than strong buying or selling bars. This chart...

Indeed this is a very subjective tool. You might consider a variation of it that is also very helpful to me that is also available on MultiCharts. The "footprint" charts (volume delta) are also something that I look at, and they are not subjective at all. I will post info on these later.

Bobiz, as you are using Cumulative Delta the way I am demonstrating, it is very important to keep the time frame in mind. Here is a chart of CL looking back 8 days: Now here is the same chart looking back 1 day: Notice that the position of the CDelta line changes relative to the actual...

CDelta is not the holy grail, but it helps keep me on the right side of the market. If you use the setup as I have it, then look for confluence between markets ES/NQ/YM. The CDelta on RTY is less important because the volume is so low. My favorite usage besides the 4 large charts is on my...