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TA defines the dollar risk & profit target. It can help you pin down the apex where a big breakout is more likely to occur. The stock gaps out of any overhead resistance to an new all time high with volume extremely larger than it's long term avg. Next step is to see if a trending move will...

I was not aware that IB had lowered the commissions to .25. If I traded the micros I would send my orders to IB, if I wanted 4:1 day margin I would use TS.

Finding an edge is not that difficult, making profits from it will depend on your psychology + risk/trade mgmt. It always looks easy on a chart or back-test with the benefit of hindsight - the hard part is applying it through draw downs. Humans are lousy traders due to our brains primitive...

When everyone gets one on side of the boat it often pays big to put on the contrarian hat & swing with a fat pitch position. I see the possibility of a lot more upside.

Tradestation is very good - the micros are $0.50, the market data + platform is free as long as your acct is >$2k. Historical data going back to day #1 including a long tick/inter-day lookback. Anything you can think of you can do in TS - including integrating you risk/trade mgmt through...

Margin phone calls are not typical in this era - IB has a margin call alert pop up & notifications that can be sent via email & SMS text. I had a margin call back in 98 with another broker, I learned to size down so to as not ever go there again & I never have. Here is what you are looking...

LBR is not an institutional trader She has been an independent trader for a long time now - I think she is semi retired. She is a hybrid day & swing trader by the way.

LBR's incredible CTA track record speaks for itself as does her longevity with trading. She has many free Youtube videos outlining how she trades. She has a lot of people well aware of her performance always asking her to conduct seminars, speak at conferences, etc. If anyone has earned the...

For some reason I thought the OP was trading futures - my post deals with futures, not options which is a different animal since the commercial hedgers are not in the mix. https://www.investopedia.com/ask/answers/050615/what-difference-between-open-interest-and-volume.asp

If your newer to trading I think your better off not making to much of this for now. Just be aware that rising open interest with declining prices is bearish, this points to the commercials shorting it. Open interest studies typically involve also factoring in the COT, contract spreads...

Close to the ultimate dot com top the same comment about backing the truck up was made on marketwatch in regards to an IPO. That IPO flopped & a few weeks later the market was in a free fall with the bid dying than making a big gap down - doing this a few times each day.

Professional traders that make a living at it typically risk no more than 1% on most of their trades, on a few fat pitch trades they will go up to 2%. Edward Thorp is a math legend that beat the casino's playing blackjack and went on to a legendary trader. He states that betting more than 2% on...

Had you went all in long with copper on the Monday open you would be up $54k winning the contest, so far anyway. This shows the power of holding winners!

There is always a market breaking out. Coffee has been on the move along with some of the grains & the British pound to name a few. It's the traders job to figure out where the $ is flowing to.

Reminds me of when I got my truck stolen. The detective called to see if I wanted to press charges when they caught the kids - I declined because they detailed it, filled up the tank, and left a few ounces of Maui-Wowi in it. I would change your password and setup the IBs security to allow...

In summary - large players move the market, what else is new?

That would probably be the best trade the owner ever made on that jacket soaked with a time capsule of fear, hope, greed, rage, envy, euphoria, & despair.

Maybe look into using preconfigured bracket orders via chart trading. Click, click & done.

The article is painful trying to decipher what he is trying to say. True, he implies this is on the day session. Hedge funds that day trade around core positions is perfectly legal & surely isn't market manipulation. He is blaming hedge funds for global wealth inequality, he should take...

If you trade the micro's be aware that you are more likely to see rinse jobs which did not happen on the larger contract. Below is an example. NQ (left) prints a 2T. MNQ (right) takes out the prior swing high, luring in short covering & longs. If you trade the micros you may want to take your...