Hey Cuz...then what should he (she) do? Throw all caution to the wind and lose a bunch of $$$$ trading live?
This is why I love this board so much. The post by Cuz was intended to be a positive one, but in actuality it was really more of a negative one.
Actually, I like these trading conditions. I am doing quite well, but as I said before, I think Monday's are absolutely the worst days to trade. I also feel the best days to trade are now on Fridays.
If you own or lease a seat on the CME, what is the round turn cost per contract for the ES/NQ?
I am currently taking 6 to 10 trades per day through IB, and trade 30 contracts per turn, and am trying to inch the size up gradually.
Great question and I have wondered that myself as I do not trade any of the spot forex markets. However, I would think you could find out when the opening tick occurs on Sunday and set up your charts accordingly.
I am shocked at the movement today...thought it would have been a crap day, but the last trading day of the week for the last several months has been outstanding.
I am not sure why Jim is being so harsh, but I do agree that there are nothing but a bunch of posers on this board.
Here is a gif of THE TOP I CALLED! If anyone forgets, simply go to the "Nearing An Intermediate Top?" thread I started a few months ago.