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This week is sort of strange "holiday week" with the 4th on Sunday. I would think more creep up will be a profit taking opportunity after the 4th, but still muted. Seems like a classic melt up, bias up with occasional profit taking. Also an example of trading what is given but also being...

What moves Corn is a mystery to me. Does Cattle? Sympathy with Soy? Water-weather? etc. Would have to learn it, observe it, test it, then trade it. I understand more of what moves ES. Well at least some of it. :D

It really depends upon the principles. It seems the principle in this case was a poser. A poser just saying the words. Startups I have seen personally delivering: SONUS , MSFT Azure, ADBE digital publishing, Windows 1.0 desktop, Phoenix BIOS. Waiting for this one to deliver: Home -...

I agree. So given a choice, narrow range or changing instruments, I just adjust tactics for narrow range days. I get a good daily, and higher movement days get more. Seems like a good compromise: reliability-consistency for less P/L volatility. (Sharpe) Some can switch index futures...

Philly Fighting Covid Scandal: How the Vaccine Distribution Partnership Failed - Bloomberg Seems like a lot of attitude akin to what ET sees. Overconfident "it is easy" thinking, trashing anything established before understanding and then blame when it is "too hard".

Who's losing? Mostly those that are not changing with the times. ES is not the same as 1999, nor 2010. Bots are heavily deployed. If you cannot design a bot to trade, you certainly can't compete with them. 50% of my trades are "anti-bot" trades and is the bread and butter. Predictability...

Predictability and "smoothness"

All this reminds me of a person who set the bar so high, to make excuses why he was not in the THUNDERDOME. Get in the game, take reasonable risks, study the markets, the instruments, the opponents, yourself, and get experience. Never stop examining, adjusting and refining. ALL THE WHILE...

I would go for the SSD upgrades. Which unfortunately requires new Mother Boards for the upgraded "slot" they fit into (PCI 4x). Everything runs faster. A new AMD or Intel chip is all one needs. The new Motherboard would use them. Even large back testing jobs will get done in a reasonable...

The reason people do not understand you is not, lack of higher wisdom or the higher concepts. The reason is you are equating mastery proverbs with reality. I.e. you are "poser talking". Every 2 months someone posts these type of metaphysical mastery babble. Fundamentally they do not...

I probably stand corrected. I guess it also can be from the buyer or seller perspective?

You trade when the market offers a good setup AND when you are ready: experience, preparation, capital management etc. Just because the market appears hot to you does not mean you should be trading it. That is how that "90%" fail. The "f that" comment, then the "positive attitude"...

Add liquidity: Buy at the ASK and Sell at the BID with LMT. Your delay from a retail connection and software (what you see and what is reality) is probably off about 1.5 seconds minimum. Remember the action is round trip (.75 seconds per trip leg) and your reaction is at least .25 seconds.

Good day, 45 minutes at the open, then 60 minutes after the fed. 12 points on ES. 5-1-3 (W-L-Scratch) It was an easy peas'y Japanesee day. Very efficient and optimized. Also weed wacked the yard in between, so ready for BBQ this weekend.

I would look carefully at frequency and probability of MAE-MFE. Work on finding the conditions correlated with the frequency and probability of MAE* and MFE*. *Treat MAE-MFE as ranges or quartiles, not absolute values.

Create basket orders and when it reaches your dollar amount, stop-pause executions. Of course you might-probably will overshoot and you have to manually stop it. Another shotgun approach that will be abandoned quickly. An example of theory and practice being different.

The problem is lack of discipline. You trade all the good setups and pass on the marginal ones. That dictates how much you trade. Not absolute number of trades. But if you lack the discipline, then by all means trade less. That will just mean a slower burn down.

Sounds like shenanigans on the order routing and fill. On one hand, who really cares what is really happening. Any explanation is suspect and might change because TS will be opaque, as you point out. On the other hand, it is happening and costing. So you have a choice: 1) change your tactics...

Spend it on getting your health checked and improved. For all the family. Also Dental. Then spend on ways to have a healthier life style. Recreation. Once you have enough money, the critical resource is health.

I agree. I am already short for the last 4 months. I will take 25% off here, but I am targeting 1.12 for next 25%. Then let the rest run. It already bounced 3x on the daily into a range. I think the overall commodities movement will dictate the direction. So down from here and break the...