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Well got caught in a little chop as ES went down and came back up, I went long, then got stopped out as ES decided to go lower. So then realized I was in chop so shorted as ES came back up again and made back to even for the day.

The easiest way to not get yourself into trouble is to have your charting application automatically label your candles for you if you are trading intraday since this will save time while you focus on understanding what the candles are telling you. For example using an indicator in Ninja Trader...

If price does not take out a HH, it can then either form a DT, a DB, a LL or a HL. However, it will not make a LH. To make a LH, price 1st has to make LL. Once price makes a LH, you would based on your 10,000 hours of screen time, decide if this is a valid LH, and then short. HH= Higher...

I love how some posters say that they trade futures but don't know simple concepts. 1) Yes, for ES discount futures brokers, you can trade 1 contract for every $ 500.00 in your account. To be safe, I would not suggest trading more than 1 contract for every $ 5,000 in your account. 2) Yes...

With $ 6,000 you need to be able to use the margin to trade futures within a day to meet lower margin standards. So with said, if you are only going to trade futures like I do, you don't need to use IB. I would use a discount brokerage like AMP futures. If you go this route, you can chat...

Anyone else get this message when they try to empty the subscribe thread folder? "Invalid Folder specified. If you followed a valid link, please notify the administrator"

On your chart once the market started moving sideways, you should know to either think about exiting the trade or not getting into the trade. There is no perfect way to trade without losses. Let's assume you took the breakout: 1) Trend is strong, and market keeps going up. 2) Trend is...

Pros vs beg 1) Pros use stops and usually small stops. vs no stops for beg. 2) Pros can make more money trading per day just trading 8 min than most people can do working 8 hrs per day at Wall Mart. 3) Pros can trade for less than 1 hour and take the rest of the day off, beg watch the...

I actually will set a limit of $ 2,000 for vets and $ 5,000 for beg. If you need 50 k in your account, you don't know how to trade. Period. One of the firms that recruits traders requires that you don't lose more than $ 1,000 in a single day and that is swinging 5 contracts per trade.

You have 2 options. 1) If you believe you will not be affected emotionally by taking a loss in real money, then open an account with the $ 25,000 and start trading. 2) Open an account with $ 5,000. Assume for the cost of your education, you will blow out this account while learning how to...

Doing well taking my setups where so far high win ratio lately, but still having issues going for more ticks or adding contracts.

Ok, Let's say you created your website with some cheap designer like xara and host it on godaddy.com If for example, your website main page is saved as home.htm use the DOS copy command to do this copy home.htm index.htm. Now go to...

I would only say that your indicator seems to be useless. If it helps u fine.

I have to say that AMP is working for me fine. The only issue and this is one I had with Mirus is if you try to use the next month for CL futures before the prior month has expired, the data is not reliable. My suggestion is to not trade CL as a work around until the new month is up. Instead...

It's now working. Thanks.

It kind of lags out, but works on chrome.

Normally, I agree with NoDoji, however in this case I would not be giving advice to a 22 year about finding an edge. Instead I would tell this person to finish college. Get a job. Get some experience on your resume. Then after to built up some cash, you can practice trading til you find an...

I will now show you all a free edge for those that are willingly to put in the time and effort. Go through ET, and read the 300 or more pages by JH. This is not how I trade, but some traders have taken some knowledge from this information and incorporated it into a profitable system. Also...

You write fast and many words that do not prove anything. 1) Scalping does not work. If you say that it does, show proof. You can't. If you are profitable, yes I know it is not from scalping because I just shown why it does not work anymore. 2) Level 2 is worthless and not needed to...