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ChatGPT produced that? I’m impressed.

So. Who thinks we’ll see all time highs again this week?

We can only speculate on the why, but my guess is... - a lot of players switched short on the plunge - value players loved the 10 % dip and bought heavily causing a sharp rally - shorts had to cover - more shorts had to cover as the rally continued the week after - the speed of this recovery...

All time highs today is very much possible with ES 1.58 % from the prior all time high by yesterday's cash session close. Why? We've had 5 days only this August exceeding 1,5 % on the high print. Also, I see so many who still are shorting this and suggest that as a minimum today should offer...

Cut your losses, ride your winners. This was one of the 1st trading axioms I ever heard as a newbie, but it took me over 10 years to fully understand it to the point where I'm actually doing it consistently. Let's look closer. 1. Cut your losses This is best done by always taking on your...

Just like the joint probability of every scammer on YouTube or Twitter being truthful is zero. I rest my case. PS: Not necessarily a criticism of Al, although I'm not a fan myself. Just pointing out your flawed logic.

ATHs can be seen as soon as today. Not a prediction. Just seeing how it can play out…

Don't short this market currently. Just wait for the dip to complete and go long... :) Or simply just buy everywhere. It should work out fine unless you're leveraged to the hilt. :)

The most hated bull market of all time should once again be eliciting a wide spectrum of emotions. I wonder what perma-bears and late bulls are thinking or feeling at this point. It can't be pleasant. Every red bar or dip giving some hope the big sell is near... Maybe bears should get their...

Incorrect. Very nice up move, though. I had a suspicion this was how it was going to play out by the 9th of August. The speed of this recovery likely caught many by surprise.

Fresh all time highs by Friday seems very much possible. Still, a week that got the potential to shit the bed and sell off, but it's smooth sailing for now.

If this is another green week (very possible), we will most likely be at all time highs again by Friday.

Every day has a daily range with a day low and a day high somewhere between Open and Close. I don’t see that changing anytime soon, so my advice is to exploit that. Buy the low. Sell the high. Or vice versa when it’s the other way around.

Apex is a bucket shop which keeps you indefinitely on simulator. I was only pointing out the obvious from a logical viewpoint. Contrast that with Earn2Trade which puts you on a live account as soon as you hit 5K. Topstep does something similar.

Pretty sure you were one of the guys who went pretty hard on me when I spoke out against them in the past…

I got killed here the last time I claimed Apex is a scam. Judging from what I read on social media I was not wrong.

I’m not in that position. I have my 10.000 hours now. But yes. If I knew what I now know, I probably would.

Forget about trading, buy some good classical literature instead and put your money into index funds.

Agreed. I've back-tested it all and didn't find any particular edge on monthly op-ex, but it is a day that can be 'constrained' and exhibit range bound behavior. So, don't be surprised if this was the week high (or close to it) and we're stuck in a range tomorrow. Headed on a trip, so...

2 % on ES. NQ is a beast of its own. :) Looking like a day which may close at the highs at the very last minute.