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  1. J

    Need advice on exits

    Thank you I sent you a private message. With my email address.
  2. J

    Need advice on exits

    Support resistance exit works until it is broken as others have pointed out. Yesterday is a good example for NQ continued to make higher and higher levels break resistance numerous times. I’m gonna just keep it simple. Trailing stop set after I exceed entry by X number of points. Then the...
  3. J

    Poker players make the best traders?

    Plus the time you will spend at poker tables vs the money is not worth it. On a per hour basis you will make more trading and it’s much more enjoyable. The poker life is hard. Long hours without sleep, hanging with people you don’t like, bad food , etc.
  4. J

    do you know any "regular people" that trade actively?

    If you really want to see peoples head spin try to explain to them what a short is. I don’t think I’ve ever been able to explain to a regular person how a short makes money. They think it’s iliegal or i don’t know what I’m talking about.
  5. J

    Simulated vs Live Trading

    I will wait to see you very soon. I was astronomical more successful in simulation than then when I I put real money at stake. I’m sure every single trader has experienced the same time. There’s nothing that can replace real life experience of having real money at stake
  6. J

    Poker players make the best traders?

    I have played ALOT of poker over the last 8 years. At one point I was playing 7 days per week. I’ve read poker books. Purchased training programs, etc. I’ve made money. I’ve lost money. This I can tell you.... POKER IS MUCH HARDER TO SUCCED IN THAN TRADING! there’s a ton of reasons why...
  7. J

    Need advice on exits

    I think a trailing stop makes the most sense because it’s an absolute rule. Just like a stop loss. And like a stop I set it and let it alone. The more of my judgement calls I can take out of the equation the better.
  8. J

    Need advice on exits

    OK that’s all good advice. I guess what I should say is that I just feel like I have no plans for an exit. The stop loss is easy we know how to do that. I just don’t know when to leave. I’m probably most upset about the winning trades that I allow to turn into breakeven‘s versus missing out on...
  9. J

    Need advice on exits

    I trade the NQ and the ES. I have my method for picking my injuries, setting stops etc. My dilemma seems to be not knowing at what profit level to exit. Just yesterday I had a 20 point profit on two contracts NQ, didn’t hit exit and ended up with a break even trade. Today I had a...
  10. J

    Index Futures broker reccomendations

    I am having customer service issues with IB and I am ready to jump ship. Plus, their intraday margin requitements for ES, NQ, etc... are too high compared to others. who has recommendations. I am already considering AMP.
  11. J

    Intraday Margin requirements

    I just learned that with my IB account it is $3486 to open a NQ trade and $2789 for the ES ????? This is much higher than my Futures account I have (approx $500 or so)... and AMP and others... Why is IB so high?
  12. J

    Interactive brokers outage

    Why should I even have to care about the software. If there’s another outage like this I’m switching. Isn’t anyone pissed off about the lack of customer service during this fiasco. Not even an email came interactive broker customers explain situation
  13. J

    Interactive brokers outage

    OK I’ll try to logon. I was trying aftermarket hours on Friday and account management was still down And I was very disappointed that I was calling after hours and they were already closed for the day. My opinion if you have a situation like this you keep your customer service phone lines...
  14. J

    Interactive brokers outage

    I have not tried to long going to account management today but looking at these post I assume it is still dead. Can someone please confirm that has tried to log on recently. It is currently 2 PM in California. Does anyone have solid recommendations if I’m looking to move away from...
  15. J

    Debit spread to minimize loss

    Yes that was my thought exactly at this time. Just start off with a debit spread and let it play out. Most spreads will generate a return of double digits on a 60 day spread. And that applies whether the underlying goes up, down or stays even. Sure I don’t have the opportunity to make a...
  16. J

    Debit spread to minimize loss

    Thanks. I’ll take a look. All year it seems like I’m fighting the markeT. I go calls and the underlying goes down. Go puts and underlying goes up. I use all the typical analysis and especially trend and ketler bands. So I’m going w trend and entering either over bought shorts or over...
  17. J

    Debit spread to minimize loss

    I’ve been purchasing straight options lately. Never really considered debit or credit spreads but it certainly has my attrntion right now. Here’s my question. Let’s say I’m long a call and it’s going against me currently. Does it make sense to short at the money or out of the money call to...
  18. J

    Korean crypto exchange Youbit hacked again, files for bankruptcy

    Not only are hackers messing things up but you have to add to it that these exchanges or not reliable. I see a lot of comments about the lack of ability to execute trades in a timely fashion. Right now there is really no good option on the US exchanges. GBTC still trades on the OTC markeT...
  19. J

    Korean crypto exchange Youbit hacked again, files for bankruptcy

    this is the exact reason I have not participated... but it appears to me that the Crypto fans are willing to overlook this hacking risk. To me it is like asking to have your money stolen. I am in the USA... I can trust the institutions here. I am 50 years old and never one time have I ever...
  20. J

    Bitcoin Investment Trust (GBTC)

    Funny how things work out. I tried to buy into GBTC on Monday at approximately 3200. Today it’s trading at almost 50 percent that value and falling. I got lucky because interactive brokers had not approved my account to trade OTC issues. So I was not allowed to buy
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