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https://www.latimes.com/california/story/2020-07-09/coronavirus-bars-indoor-dining-closed-future Short 3190.25 stop above highs, target around lows.

Well, if u actually need leverage you can just trade Forex or Futures. I don't understand the need to day trade stocks.

I killed the trade for 8 points of profit. We are running into a descending triangle formation. It's possible we break through, but overall trend right now is negative for whatever reason, so will look for better opportunities in future.

I think jobs report this Thursday will be good. I am currently long ES at 3127.75. Looking for 3143.75. ES has declined but no bad news that I could see so I bought on PA formation. Stop is below current lows.

I think especially when trading futures, you need to determine you risk level before your profit target. When you have a higher probability trade you can and should trade more contracts with a wider stop. This way you can scale out of the trade and then tighten the stop up. However, while I...

In reviewing my winning trades, I see I am not letting my winners run. For example, I look back on my past trades, and the times I have been right in price direction, price would have kept moving in my favor if I did not kill the trade. To make changes, I am now only getting out of trades...

If you are new, why not buy a book on trading than posting on this site. Most people on this site don't know how to trade either so why take their bad advice. I also doubt their ability to read an entire book on trading. Too many pages.

I would at least review your trade and see if you can determine if you made a mistake by taking that setup. Also, if you have a charting program like NT, it can create a report including your win%. As long as you are within your back tested win %, you should not worry about losses since just...

Target of 3123 ES was hit.

Major study finds 30% reduction of death. Long at 3120 ES. Will add lower if needed. https://www.statnews.com/2020/06/16/major-study-finds-common-steroid-reduces-deaths-among-patients-with-severe-covid-19/

1) 1st identify if u are in a trend. If you are in a trend, trade with the trend. 2) 2nd, there is no way to tell before the fact that a trend will break. Obviously some people will try to pick tops, eventually they will be right but hopefully before they lose their entire account. 3)...

This is good advice. However, I think if you set a stop and don't lower that stop, you can add another contract before price reaches the stop. If price goes a little in your direction and you could either add or wait till price comes back close to entry to add, again having a hard stop...

My target got hit, so yes, I am now out. I made profit tonight but not as much as you think because I lost on some ES trades.

If we remember last CL expiration, we did not have enough storage and contract went negative. I am currently, short CL 6/20 at 32.51 looking to close before expiration.

Always better to take a small defeat in trading, in an argument, and in life rather then having so much pride or anger that you feel you have to win, and end up blowing up your account and life. My last trade tonight was a win, but I still took a small loss over dumb mistakes. Main mistake I...

There are no trading secrets on ET, you just need to spend 10,000 hours looking at the screen. The secret is most people are too lazy to do this, and too stupid to believe that TA actually works, but that it does not work 100% of the time.

He is afraid the bots on ET are targeting his trades, that is why he started this thread.

Well, I probably would not want to be long term equities right now especially certain sectors like airlines which Buffet sold, china stocks, and restaurants, but it has very little to do with ES futures, for example, I saw a long setup for a scalp and it worked out. However, if and/or when...

I think TA is a tool that you can or can not use if it helps you trade. In regards to S and R, for example, say you are in a trade at R and it looks like R is not going to hold, you can then kill the trade BEFORE your stop is reached. After that you can look at a different instrument, say on...

This is of course very true. Also, you are smart to remove your stops in over night swing trades so low volume does not take you out. If you are trading 100 - 300 point moves which I don't there is no reason to have an over night stop.