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I've been daytrading since 1999. I love daytrading stocks and ETFs. I do both day and swing trades, as many as 40-60/day. Lessons learned: It's smart to focus mainly on small under 10% gap continuations above pd high Use combination of both trailing and hard stops Charts $10 - $40...

Literally lol thx Deaths so far are a fraction of what's to come in fall, exactly like Spanish flu. Models are being revised upwards regularly because nobody is following cdc guidelines. Millions will die worldwide within a year and likely 400k in usa by end of year.

Good job! I never regret taking profits. I'm finding SOXS SQQQ weakest of inverses since tech and semis are cvid friendly, so not as good as small cap TZA SRTY, finance bear FAZ and VIX etns UVXY TVIX fwiw. Great to talk trading with you, thanks -- you know trading.

Hi, good question.... I'm not a futures trader, though that's worth considering. I sold some of my inverses yesterday after the bell yesterday and sold much of what's left today premkt, will scale back into inverses if they break out today. Hafez thanks re nudge to book short profits early...

Thanks, very helpful re correlation insights. I'll likely start keeping track of what happens in premkt following futs moving 200 or more points green/red night before by 7pm

Thx, good to know re time intervals ... charts very helpful. Right now futs only -55 which I assume is not significant.... interesting to figure it out

Thanks -- very helpful! Good to know re fair value and all the other tips. Even a slight edge would help re how to trade long vs short bias ETFs aftermarket for overnight hold, based on futures strength/fv to anticipate next day gap direction. Trying to figure out what edge we might get...

Hey futures traders, can you help with this? My question: how consistently, if at all do tonight's futures bias hold into tomorrow's open? I'm assuming the larger the point value the more likely it is to hold, barring contrary headlines. For example when I look at cnbc.com tonight and it...

I agree numbers are very inaccurate. What do you think of using actual "excess deaths " to measure? It looks at difference between last year total vs this year https://www.nytimes.com/interactive/2020/05/05/us/coronavirus-death-toll-us.html

Great point... especially true with vix etns like TVIX, it's "buy the dip, sell the rip" to take the money and run. Like when I sold it for long term swing at 940 earlier, takin' that bacon. And you're exactly right, I routinely kick myself when I don't book early profits, only to see it...

Excellent point, agree.... likely a zigzag grind down at best, thx. I did well today in SRTY UVXY etc but rather than hold all overnight I sold some aftermarket to lock in profits. Your earlier point re not strong trend yet is well said, so I decided to take some profits rather than risk...

loving these

nice day, up 857 today successfully trading inverses, I'm holding overnight. winning bear, its about fcking time this pos market drops ... yay Update: I sold some TVIX SRTY UVXY etc aftermarket to lock in profits, in case they gap against me tomorrow

See each day's hottest momentum charts, plus get smart ideas for your trading! Lively, interactive with Q&A. I'll review live trades I did plus answer questions. I usually start early. For stocks and ETFs. No PowerPoint, no sales pitch bs. Instead look over my shoulder at live charts via...

Market dropped on open so I will cautiously scale into inverses like FAZ breakout and UVXY TVIX LABD SRTY pivots if they keep moving up.

wtg re NVAX, well done I'm using 38.7 resistance 31.4 support on the chart. If I were long overnight I'd sell 2/3 now at 35

Hi Robert, sure. I use a combination of signals in-market: Opening range breakout strength Premarket s/r levels Tape reading Size of gap, plus it's pattern In-market bull/bear flags and cups Prior day high/low for nongappers Whole number s/r levels Plus S&P in vs out day, TRIN Re gaps I...

Time to shift focus away from inverses & back to momentum gappers and strong breakouts. Here's the daily watchlist of what we'll be focusing on today in my live room: NVAX MGNX NNVC MRNA CBAY LABU Nice charts! I post both long and short alerts for my members, updated in realtime at...

Wrong, I said I follow the SPY chart not the es in my charting software, that's all I said, look at my post. I don't use the es chart because I'm not a futures trader, the SPY chart is identical. And I trade in my SEP to simplify taxes -- sheesh. Ok I'll take a colleague's advice and just...

I'm referring to what I follow in my charts, the SPY vs /es, though both obviously look the same. They aren't the same instrument, etf vs futs contract. Seriously don't you have anything better to do than troll me with incorrect dumbassery,? Welcome to ignore lol...