I THREW 1000 cars at the ES today and made aboout $50,000 sim $$$...done while after warming up my Starbucks multible times...MEGA & MASSIVE car hurling...MEGA
none in my opinion...here they are afresh...
1-master one trading vehicle (option, forex pair, futures contract, stock)
2-do not over trade
3-do not revenge trade
why trade mini Crude when you can trade ICE Brent...
mini Crude:
low volume
huge spread...can be .05 to .10 at times!!!
1/2 tick value as CL
ICE Brent:
great volume
low, tight spread like CL..normallu .01-.02!!
exact tick value as CL
DAYTRADE margin...way less than CL
thoughts?
10/19 "Tug a War" ES 1100 vs 30YR 120.00...who will win?...markets to go heavily in the direction one of these breaks...watch for serious break UP or break DOWN for whichever of these heads there in the strongest manner...thoughts?...one will lead and the other will...follow
Neke...I would imagine you did take the below 2k to the 320k that this journal started with...correct?...where did you get this 320k to trade with? cash in a 401k, IRA, inheritance, savings, cash from other business, rich uncle?
correct me if I am wrong...was the 30 YR at .01 spread and moved to larger spread like 10 YR current spread?...was it wider spread for like 9 months or so only?