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    The thing about trading breakouts...

    I need to get better at 1) recognizing a breakout is occurring 2) participating it in
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    Schwab cuts commissions to zero on US stocks, options and ETFs

    if you don't mind what are the names of the 2 brokerages that offer $0 commision that you use? I only have RH and TradeZero for $0 commission. For everything else(futures trading), I use IB. TradeZero has $0 commissions for OPTIONS too just like RH except TradeZero is a real trading platform as...
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    Schwab cuts commissions to zero on US stocks, options and ETFs

    Does this mean that scalper will benefit the most? Since scalpers go in and out all day long they would presumably benefit from zero commission the most. Long term investors/position traders would hold on positions for weeks or months don't really care about saving $15/RT or whatever...
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    The Road to Consistency

    10/2/2019: Taxable Acct: ============= Realized gains: MNQ: $3 NG: $252 HE: -$96 =========== Total Realized Gains: $159 IRA Acct: ============= Realized gains: NG: $376 =========== Total Realized Gains: $376 I should have aggressively played GC when it's on fire today. But I was too chicken to...
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    Schwab cuts commissions to zero on US stocks, options and ETFs

    I wished Robinhood or some one else would offer zero commission on futures! IF IB follows with zero commission on futures then that would be a GLORIOUS day!
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    The Road to Consistency

    just basic chart reading and TA. Nothing fancy.
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    The Road to Consistency

    No, I haven't given up yet. Just been VERY BUSY with non-trading activities. I have other stuff besides trading: meetings, work projects, and family duties! LOL. 10/1/2019: ============= Realized gains: GC: $366 MNQ: $104 NG: $37 NQ $108 =========== Total Realized Gains: $615 September was a...
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    Breaking: Interactive Brokers lite commission free

    Good. Maybe I should start trading stocks on IB again.... I've been trading futures. Will there be a day when there will be no commissions for futures trading?! That will be the day for me! hehe
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    Recognizing Reversals from the Top/Highs

    Impressive stats actually: 2009: -0.33% 2008: -0.95% Since then not so hot...
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    Recognizing Reversals from the Top/Highs

    Thanks for all of you guys chiming in. Very interesting points. My thought experiment(and real experiment) is merely for intraday trading. It's probably next to impossible to call long term tops. A supertrendy day that goes on and on. Fine. No point calling tops there. I've quit calling tops...
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    Recognizing Reversals from the Top/Highs

    the question I have is can one recognize that in real-time and not with hindsight? I think I'm very close to recognizing climatic bottoms in real-time and buy it there. I can't say the same about tops..
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    Recognizing Reversals from the Top/Highs

    Are you saying I'm reinventing the wheel? I'm not sure if this is a real congrats or sarcasm. I'm only vaguely aware of Dow Theory.
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    Recognizing Reversals from the Top/Highs

    I wasn't really trying to catch tops/bottoms. Maybe I was implicitly? Hmm.. Anyhow, what I mean is more of an early signal to get out fast! Rather than wait for it to reverse even more and lose all open profits and turn into losers. Maybe it's all about trade management.
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    Recognizing Reversals from the Top/Highs

    I use intraday(5min and 1min) though I do look at and use daily charts and occasionally weekly charts.
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    Recognizing Reversals from the Top/Highs

    In my trader evolution, I now understand, recognize, and even can capitalize on reversals from the bottom/lows. In the old days, I would lose a lot trying to short what I thought was a downtrend but only faced huge losses with nasty reversals that ripped up. Then I gradually evolved to...
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    The Most Crowded Trade in Market History?

    bonds are the biggest and most crowded trade in market history.
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    Blue Light specials on TWS

    Do you any of you guys blue color status code when you are trying to execute? https://www.interactivebrokers.com/en/software/iTWS/iTWS/quickStart/Order_Status_Colors.htm LIGHT BLUE indicates that you have transmitted your order, but have not yet received confirmation that it has been accepted...
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    Study says Daytrading for a living is virtually impossible.

    I think the study is totally valid and not just for Brazilian markets. Probably U.S. markets too. Having said that, I think traders who persisted and try on their 3rd,4th, 5th, or 10th time and improving each and every time will show abnormally consistent profits. But those are again a very...
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    A Giant Bet Against Natural Gas Is Blowing Up

    So, these were the people on the other side on my long NG trades... I don't have that much money as them. Else I would have made a nice bundle.. hehe
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    The Road to Consistency

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