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Futs down a bit, if markets gap down tomorrow I'll scale back into inverses.... But will do so more gradually vs alot premkt, today's headfake was tough, will likely wait til after 10AM to add to small overnight holds I'm in. Good trading!

Makes sense, thanks.... will wait for a 2-3day trend. Reason for entries today was uniquely strong premkt price action, eg 8 point TVIX run, gap up FAZ . Will also focus on momentum biotech runners like NVAX MRNA FWIW I'm still holding several k worth of inverses overnight tonight...

Good question, I don't follow the dax or es, I follow SPY premarket, which was dropping premarket. I put on small size inverses premarket, with the intention of adding in market if they ran, which they didn't, reversing instead. That's why I start small. Destriero -- that's correct, I...

I hope it's useful for me to post and explain both examples of winning trades as well as stops. I have both, like any trader. It's great to hear constructive criticism and insights from you guys, I'm trying to improve my trading skills as well... it's a process. The great thing about being...

Today I bought very small size inverses during premarket, because they were gapping up and moving strongly, which subsequently stopped out in market. Look ar FAZ SDOW even TVIX ran up 8 points before the open. So I was buying strength, which was smart at the time. I also traded small...

bought a few k worth of inverses premkt

Just saw ep2, worth watching. Liked the trader vs quant bit and wags w axe

Good point, probably not much new content coming re tv and movies after already-shot episodes get aired, for awhile

I used to run a forum and my members appreciated my booting negative trolls, because a few jerks can really dumb things down. I appreciate positive, constructive dialogue vs thuggish troll posts. To eliminate multiple identities from same person I do IP-address level blocking at root in cpanel

Have you all noticed how much more intelligent and positive ET has been this last couple of days? A couple of childish negative troll moron posters were recently temp-banned (thx Baron). See how much more peaceful and smart the forum was this weekend? Makes ET much more welcoming to everyone...

This bear market bounce is, I believe mainly due to fed and has little breadth outside tech and healthcare sectors. House of cards that's likely to fall hard if fed pulls back. Remember how fast selloff markets move down. I'm using tight trailing stops on open longs I'm in and will...

Replay video uploaded Sunday May 10th Any comments or ideas to improve? Over 5k traders have registered for these, I've offered them free Saturdays for years ...

Max, good luck...... I totally agree with your market sentiment and think we're on the cusp of the best "short the fck outta the market" setups we'll ever see. But I've lost a few k lately trying to bottomfish inverses like SQQQ TZA etc .... I made solid profits trading them up Feb March...

Good question, mainly because that price range is what I have the most experience trading, and fits my strategies best, $15 - $40/share. I do occasionally cover others though, like BYND MRNA and under-$10 stocks if they look strong on high volume. I've found that small caps under $10 are...

Newly updated! I show up at 8:30am Monday - Friday for premkt planning in addition to morning market coverage. Daily watchlist, chart reviews and more. Starting a fresh thread for Q&A here to answer questions. Thanks to all for your interest, it's great working with many traders every...

I'm kicking myself for not buying more MGM under 10, bought a little yesterday into the close, will scale, it's a slow mover, may recover to 30s over long timeframe 4-6 months, will sell if loses 12, good luck!

Main thing I pay attention to is account balance and daily P&L. Also: R:R of pattern entry signal related to trading range and volatility Profit consistency potential relative to similar patterns recently traded Relative strength vs alternatives Re ranges eg see 90d range during selloff, I...

Trade frequency and pattern strength are also important.... I used to overtrade out of fomo and get death of a thousand cuts & commish kill (I spent 30k on commishes doing 9k trades in 2018/19 for example). My situation is a bit unique though because I am doing lots of pattern testing to design...

Replay video posted Sunday May 10 ... Join me every Saturday at 10amET for my popular 'week ahead' 20-minute webinars: ==>> https://trademastery.com/et/ see why 6k traders trust me: Disclaimer: “The testimonials seen may not be representative of the experience of other clients. The...

Brilliantly written and spot-on true. A lot like the Pareto principle type thinking, eg 20% of trades account for 80% of profits. Lol re old, OP I'm 56 and remember dialup 56k modems, wildcat BBS boards and cool ASCII welcome screens.