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I see. In NQ liquidity issue is obviously less important.

No CL, GC for you?

I prefer to remain paranoid about revealing exact rules for entry/exit in illiquid markets though... simple glance at DOM shows there is just not enough space for everyone...

Edge can die in case of PA too in markets with relatively low liquidity, cause at least in theory others may compete for the entry and maybe exit as well.

Some markets like CL/GC/DAX are still in a good state. Which probably has something to do with absence of big volume there and hence less "back and fill" games going. But "The It" of financial industry like ES, bond futures or major currencies are extremely choppy compared to happy days of the...

I must admit indeed that reaction works much better in thinner and more volatile markets, while liquid markets like EURUSD or ES are much harder to momentum trade intra-day except rare times when some serious news shift them into "runaway mode" as well, aka 2008-9 like action (ideally)...

Well, GG is right IMO. There are people who play it more "Soros way" based on their view of the future. And there are reactors indeed, who just follow what market tells them.

1) I hate Soviet Union and communism. 2) I stopped making calls. Just having fun here. :)

Yea I am watching NQ along with other stuff. Just wait for my signals. :)

Thanks. See where's the problem: what you tell makes perfect sense to me as theory of the markets. But it isn't strictly a call or prediction by any means.

With all respect, how much is a retracement? And how much is a breakout before retracement? I guess people mean this by clarity.

Surf, you really moved to Moscow? :D

Well, there's some psychological benefit in setting many small goals for sure.

I would say without a basic skill it was equally unlikely to break-even or make any profits. So it's a matter of skill. Always. Not targets. P. S. Nap time for me. :)

But it was not so easy to achieve not because my quasi-target was wrong. It was not easy due to absence of necessary skill.

Yes, of course.

Neither in ticks. Just never cared about targets.

Think so. Cause it can be achieved extensively (more contracts/markets) and step from good to better is emotionally much easier.

I am not speaking of my personal experience here. And honestly there never was $ target to reach.

It would be very good if struggling traders loved to put efforts in reaching such a target in the beginning of their career. Cause it's easier to improve from break-even to profit than from losing to break-even.