Search results

I am still having issues for trading a swing trade vs a scalp trade, but one of my other issues is that if I did good the night before, I would not trade in the morning and if I did bad, I would trade in the morning. So obviously, the issue with this is that you can end up having a bigger loss...

This is so true. What you need to do if you actually want any advice is to post a chart with your entries and exits for the day using real money. If you are looking to lock in 2 ticks of profit like others have said, then you are trading wrong and 1st need to develop a new system. For example...

After a period of sideways movement, look for a resistance or support to break. Hedge this with another currency to get more complicated. For another rule, do not employ the system if we had a big breakout the previous time period.

Here are my recent trades.

I think I will buy a cappuccino after all today to help and wish you a swift recovery from your confusion.

I promise the next time I buy a Cappuccino, I will let you all know in advance.

Did you all know that sometimes I get Starbucks coffee? But I did not do it today.

You seem very confused. So your imaginary friends sometimes buy stocks, but not today? LOL. Maybe you can tell us the next time they will buy stocks so we can see if you are right or confused. LOL.

Just because you are paranoid, does not mean you don't have real enemies.

We also have told the Fed to destroy the economy by raising interest rates so Trump will NOT get re-elected. We are going to cause a recession and hunt your stops. You have been warned!

I could come up with a conspiracy theory that the people at Goldman now hate Trump and came up with a secret short sellers group which I am a member that has decided to sell stocks and bring down prices.

You are confusing traders that buy on a dip with a special team that goes in and buys stocks or futures. What price shows today, is that the dip buyers were over taken by the panic sellers. Weak buyers also sold as price kept going against them and hitting their mental or hard stops. There is...

Price itself shows no evidence of PPT. That being said, I expect some type of bounce from hedge fund managers pouring money into the market. If you run a hedge fund, you need to make money...

Here's where I am. Not hiding, I don't live on ES like you. Trades sorted by entry to make it easier to read.

I think we will have have a down day Friday, but I think I am done trading till next week.

If you want to do less trades, you can increase your win percent by having negative risk vs reward. This is actually better for scalping trades. For example, I was very sure the ES future was going to trade down to my target in the trade I was in tonight. Now my stop was much higher than my...

If you use a fixed stop then risk is fixed to that stop. However, you need to give trade room to breath. The best stop is where price proves that the trade is wrong usually somewhere under support. We have to look at the difference between humans and machines. A machine can make money on 1...

With bigger price movements, you can easily get 1.5 - 3 points on ES. I call that scalping. If you are going for less than that, you need to be one of those AI that are run on a server near the market. So if you are trading manually, you can scalp or swing trade intraday. It's not worth...

You can buy the dip when your TA lines up with the PA. Nothing wrong with buying it especially if you are scalping and not looking for some miracle where price goes all the way back up to the top of the day.

Well I thought oil was going to go up due to OPEC meeting, so I was killed on that trade, but then I just traded PA the rest of the night and then day when I woke up and scalped my way back to just under even. Actually, if I took my last trade would have been a profit for the day but got scared...