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Someone else's long term hold period trade has nothing to do with the definition of short-term intraday trading. They don't correlate. Let's take a stab at this: 1) HFT (high freq. trading) : Seconds 2) Scalping: minutes (up to 5 min) 3) Intraday Swing Trading (5 min. to several hours) 4)...

Just a couple of comments related to the past dozen posts or so. Regarding the time-in-trade: 10-15 minutes. I have to say this is a bit long for a scalp trade...for ES or NQ for instance. Many of mine have been less than 3 minutes. HOWEVER, it all depends on the market price action and activity...

Let me address this. Intraday swing trading has got to be the strategy with the most risk. Backtesting brings this out clearly......the longer you are in the market (Time-in-Trade), the lower the win percentage. The answer of course is a high win rate %...preferably 70%+. Also, very important...

regarding Interactive Brokers, the short answer is: NEVER Highest E-Mini margins in the industry.

Biden is not even in office yet, and already the far left is showing their "teeth"...and all of these initiatives like climate change, carbon footprint, green energy, infrastructure share one common theme : They are very costly and do not contribute to the economy in the way of goods or...

Here we go....white males over 40 are the new minority... https://www.politico.com/news/2020/11/07/joe-biden-cabinet-picks-possible-choices-433431

I think when it's all said and done with Biden's appointments and staff, we will see approx. 70% females and minorities. So for the most part, over the next 4 years, remember this: White Male Lives Over 40 Don't Matter (#WMLO40DM). Biden to #WMLO40DM: "Shut the f*ck up and just pay your taxes"...

Dave Portnoy, the famous day trader from Philly, is on Tucker Carlson's show tonight (Fox). Dave's success of course has attracted many lady friends. As they say: To the victor goes the spoils.

OK Guys, be sure to file a tax return this year....even if it's not so...uhh...accurate. No return = audit. IRS to Resume House Visits to Suspected Tax Cheats Post-Pandemic By Laura Davison November 16, 2020, 4:11 PM EST Tax agents will contact non-filers who earn at least $100,000 Agency is...

What good is it if only 50% of the people will get the shots ? https://news.gallup.com/poll/321839/readiness-covid-vaccine-falls-past-month.aspx Those people should be arrested, no ?

PA in crude oil (CL) indicates instability in that market.....very dangerous trading. OPEC+ can come out with an announcement at any time good for +$1 or +$1.50/bbl. As far as I'm concerned, this is a rigged market. However, the fundies remain bleak....and oil should really in the twenties, not...

Absolutely. These kind of positions usually require small profit targets and frequent trades. They also must have a high win percentage...at least 60% and preferably higher.

Once again, the Fed's PPT traders are in there and of course they only have a long button. Shorts taking a beating once again....by design. Free markets ? Naw...not even close. This is a Fed market. Everyone expecting more free money.

Two techniques: 1) velocity and 2) time. 1) If down xxx pts within yyy minutes (points per minute), get out. 2) If no profit or in a loss position after zzz minutes of entry, get out. How do you determine the variables ? Backtest. If you can't do that, and your method is non-backtestable, then...

ES painting a sine wave today.....best for scalping.

Back to the markets......the shorts are getting toasted...once again. Look at IWM and RTY....just incredible. Also, crude oil (CL) has toasted quit a few shorts. It deserves to be down around $25, but OPEC+ keeps cutting production. Don't trade it unless you like manipulated markets....of which...

What about the cases where some states had more ballots collected than registered voters ? I believe Wisconsin was one of them. Here we go with Joe Biden, the "great stuffer".... 1) Stuffed the ballots. 2) Stuffed his pockets from the Hunter Biden pay-to-play scandals with Ukraine, China, and...

My bad, I'll stop....and re-post on the political forum.

Good article: https://www.marketwatch.com/story/will-trump-quit-a-chess-master-pro-poker-player-boxing-coach-and-monopoly-champ-on-the-art-of-throwing-in-the-towel-11605121015?mod=home-page

Dude - there was massive short covering especially by the hedge funds. Didn't you get the memo ?