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It's 100k$. Yeah i have no idea how those things worked, thought 1 contract of micro russel would mean notional value of 1200$, but qty 1 translates to 5contracts. Some people are doing quite well, top gainer is up 28% almost. Waste of time to be honest though..

Just today. Had a trade that I KNEW has a very nice edge + within proper context, it's a killer. I've had limit orders set and got filled nicely. Then i wake up, check the higher timeframes and it looked in my favor. Then i go into 1 minute chart, i see that it could go just slightly higher, i...

Fu*k me. FU*K. Before continue reading, you must see the following video, it's a 15 second watch and i PROMISE you that it will be worth it. Corona virus, climate change, record debt and political instability will DESTROY the stock market It seems like the whole world is going to shit...

They are marketing micros to all the average joes in lockdown who will fall into the trap thinking they can achieve financial freedom trading. I don't understand what's the point of trading max 10 contracts though... 10 contracts dow is 200k$+ position, while russel is like 12k$...

No, it's not a buy signal. When you get massive sell orders, usually it just means that the selling pressure is peaking. If no-one is left to sell, the buyers mark up the price, but shit is fundamentally flawed, as buffet said - the world has changed. Shit is likely going lower on long term. I...

Based on charts. We completed multi-year cycles. Things went x100 and more in 2017. x5 from here is just a small retrace lol. I think there will be a violent candle, basically just thrusting up in a relatively quick period....

I don't have a bias anymore. I am just daytrading this now. Thing is there can be violent moves, both up and down and i just wish to capitalize on them. Do think SPX will trade at 1500, likely by the end of this year, but i wouldn't really be a buyer of long term puts here because i am not...

Chill, there is no altseason without bitcoin going up very rapidly. I would stay away from alts for now, albeit right now they are providing better opportunity for daytrading. I think there will be volatility. I think we do go up eventually, but this is crypto, a violent 30% dump would not be...

World's biggest exchange is offering less than $5000 in prizes? :vomit::vomit::vomit:

Pretty self-explanatory title. I believe crypto has completed a full, multi-year cycle and "altseason" is coming, where pretty much every altcoin will give roughly 5x returns. Right now, altcoin/btc pairs pretty much universally look like a piece of shit. When Bitcoin is volatile, altcoins...

In the next couple months, the quarantine will end, travelling will resume and i believe that airline stocks will rebound. There are most recent news of Buffet selling out of airlines. While i do agree they are doomed on a longer-term basis, i do think selling and bearish sentiment is to peak...

Theoretical knowledge is what helps you understand your fallibilities, tendancies, destructive behavior etc... So you can be better aware of it when needed and put yourself into a proper mindset. Yeah, a profitable strategy is a prerequisite. But once you have that, without proper execution...

Yepp.. If we all see the same things(charts), the true edge is found elsewhere(mind).

Basically looking for any useful trading psychology resources that you can recommend. Doesn't necessarily have to be completely trading related. My collection so far Brett Steenbarger (https://traderfeed.blogspot.com/ && https://leadingrenewal.blogspot.com/ ) Alphamind101/Steven Goldstein (...

Use higher timeframes to determine what is happening. Is the market going up, down, or sideways? Then you know which trades have an edge/higher probability of playing out and just trade those. Also have HTF levels in mind to know where the market could find buyers/sellers.

Btc doubled, while Wayfair stock went x6 for example... I think there is more juice in the stock market, probably better said, there are more pigs to be slaughtered. My point is that stocks are not trading based on any fundamentals right now. So many people have gotten into stock market...

Do you want to have fun or make money? Hobbies are great, but they usually cost time and money. If you are trading with 1k$, you are not even paying off yourself for the minimum wage. Trading 1k$ is pretty much the same as trading a demo account. Psychology changes drastically when you are...

I know, that's why i'm bound to get it wrong at some point lol :) Wrong or slightly too early? Probably the latter. To me it seems like volatility is to return any time. BUT I COULD BE WRONG!!.

Stocks are moving much more than cryptos are these days... What i believe is happening, the same behavior that crypto has, stocks will have for the next 10-20 years, because Bitcoin was a bubble and it traded purely on speculation and emotion(fundamentals are irrelevant), and now kinda the same...

Ohh i thought you were counter-trading me on my latest short. No. I am shorting because i think market will lose the floor here. I could be wrong. But i think we dump like 10%, then we see from there. And I am short on everything. Literally every asset class, so it doesn't matter if US or...