Search results

Doug, I am moving away from ES,,,but I have alot of experience with it. Yes, you are pulling too many trades IMO. My average on ES is 4.5 per day... Every time I enter a trade there are only three outcomes, win/lose/break-even. My goal is to step into the game and put myself at risk as few...

nobody has commented in this thread in awhile... this week we tested the previous low of 5558 achieved on May 18, we hit it again, coming off the 5904 high of June 9th... today we close at 5655..basically 100 points higher than that support level.... Opinions??? sure looks to me like NQ is...

well, ok, but it sure seems easier to me... we all have our opinions...

I posted this last week...so far my NQ trading is going FAR FAR better than ES. It is less choppy and even with low volume days like today (only 250,000 CT's traded NQ and approx 1,000,000 ES) there was still over 60 points of range for NQ vs. 18 points on ES. Keep in mind 1 point ES...

My instincts say he didn't like hearing what was said. But Are youre righ. Maybe he's on vacation and will pop back into the thread

Guys.... the OP is has abandoned his own thread. Maybe he just didn't like the reality we were telling him....

Elder's book...Trading for a living

Damm! I just looked at an American Bond fund... GROSS,, 1.58% last twelve months,,, man I did not realize that yield had come down so much... maybe look at a REIT.. I do not invest for income so I really do not know.. but I am sure that trading is not going to equal Low Risk

If yo are looking purely for yield, and low risk, trading is NOT the way to go. The results are not consistent and risk is considerable. I know the rates are not great right now, but I would think a High Grade corporate bond fund is the way to go. I mean A rated or above, yield might be...

Anyone notice that the OP has dropped out of the discussion? Seems like we are more concerned about his success than maybe he is

Here is a part of this book what he's quoting Mark Douglas from the book the disciplined trader. I will be ordering that book tonight.

I agree. I never should have stopped trading NQ. Way more daily range than ES and the moves are more directional as has been mentioned. I am sure there are other assets that are similar. I was stuck on ES for no good reason and was closed minded to look at other trading instruments. I am...

My opinion,,,, I will never again trade without an actual stop (both for loss and profit) in the computer system. Beyond computer connection issues is the issue going on inside of my brain. Without the stops I bend my rules and do not get out when I should. Either on the loss side or profit...

I agree basically with what is being said. I have traded ES since 2012. I am in process of analyzing my strategy for trading NQ and believe I will probably end up back on NQ soon. I traded NQ before ES back in 2011. It has been advised many times on this website that there are better...

i totally agree... when I trade ES I am hitting 3 points profit per trade, that was 4 last year when volatility was better

I think over 11 trades per day seems high to me for ES. I have to assume you are going for small scalps, not sure. I was doing allot of trades previously. Once I got it down to where I am currently at 4.5 trades per day, things are much more under control

My experience with mental stops is they didn't work for me. Too many times I would hit the mental stop and let it keep running against me and end up with too large of a loss. When I changed over to actual stops placed as limit orders things improved a lot. I also place a limot orders for a...

Because Exchange an NfA fees are approximately $1.15 per side totaling $2.30. I might be off a little bit. quotes that you see advertised are only for the brokers commission. Nobody can do anything to discount the exchange and NFA fees. So your typical round-trip on a futures trade is...

From the site. you need to add $2.30 to each trade. Still a good deal. Let's say you do 500 cts a month round trip. At other places your gonna pay about $300 in commissions. Maybe less. If AMp is $.15 then that's $150 commission. Of course the exchange fee is what's killing us I'd love...

I couldn't find what tradovate is charging. Did you ?