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Now that's a darn good question - On futures I am using 1% of my capital, with equities from 10%-50%. This is more than enough to move the equity curve up plenty - I do this full time. I never use additional margin for equities trades but will use the day trading leverage with futures. For...

Nobody else could possibly make you a profitable trader, that is something only you can do. The type of info that can be taught does not count for much. What matters most is having the right psychology for trading which can only be developed from your own hard won experience.

Good article - I am always looking at the avg trade sizes & the relation to the B-A spreads. What is interesting are the avg trade size, over the years & decades it is significantly smaller than it was over 20 years ago. The commission free era has more brokers matching trades in ATS (unlit...

If my mojo is lacking I will either take the day off or trade less actively. Knowing when not to trade is something to strive for. Fidelity studied account performance of all their clients - those that were dead did the best.

"The way to build long-term returns is through preservation of capital and home runs. You can be far more aggressive when you're making good profits. Many managers, once they're up 30 or 40 percent, will book their year [i.e., trade very cautiously for the remainder of the year so as not to...

Looks like business as usual to me. Stocks that had high relative strength months ago are leading the charge up. I just follow the price & volume action & leave my opinions out of it. Many stuck at home have been using their Fed checks to buy cheap stocks - big breakouts on smaller cap...

I copy my charts & mind set + trade thesis for entering.

Everything starts with a thought, than comes the actions, you can make this a reality if you put in the work, we build our own stories. Give yourself a goal, write it down, pursue it every day. You should have at least 2-3 years of living expenses outside of your trading acct. It is preferable...

Risk/trade mgmt is priority #1 for professional traders, this is not even a debate. The rock stars of trading attribute a large part of their success to their strength in risk/trade mgmt, next is their mind set, & last would be entry signals. Expecting to find 'the perfect entry' is...

Speaking of south Africa - I had just seen this clip the other day - just amazing!

Here's what I think is an epic podcast on how to deal with taking a big hit. These guys just nailed the subject, do your self a favor & check it out - it should give you some immediate relief & a good outline for channeling the pain for the better. The worst loss is the one yet to come when...

Big hits go with swinging for epic returns, draw-downs of 30-50% are the norm. You trade a $7k north of $100k in no time and give back 30%, that's still remarkable performance in my book.

The Feds economic projections on June 10th is when the book depth took a dive. You can be the judge on what that means. ES, June 2019 ES, June 2020

Leveraging onto a breakout or area of capitulation can work well - but you really have to have a black-belt with your risk/trade mgmt. Don't stare at your open P/L, or your screw up the trade every time. Take one of your worst losing days & backwards engineer it, you probably avgd into a...

The market plunge was a liquidity problem. Liquidity began trending down late Feb, the market nosed dived from this point. At the bottom the ES book depth was only 1% of its long term avg. The rally high was on June 8th, the day after liquidity nose dived & so did the market. It has...

We had the longest bull in history, & the most hated - it lacked the public's participation until only recently. This may be just the tip of the iceberg. For years the millennial's were being bashed for being to risk intolerant, looks like they have flipped the script. I like the RH traders...

The wildest day trading story has to be the Billionaire boys club, this actually happened. You can read the court transcripts or view films about it. Murdering several to raise funds after blowing up a futures acct, being outsmarted by a better con thinking they had traded an account up some...

I use both brokers & often submit mirrored entries/exits across these brokers. I find they are fairly comrable in order types. IB lists every single order type, with TS they don't break down every type order type possible - they probably should. IBs adjustable stop is a breeze, in TS you have...

With IB bracket orders for the stop loss & profit target you can configure it using # of ticks or percentage distance from the parent order (entry price).

Centerpoint has lowered their bar - now you can open an acct with $10k. You really need to have TTS & 475 MTM if you plan on going gang busters shorting the HTB nano cap stocks - otherwise the shorting fees will kill you.