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It's a dog! but it still moves a lot! And if you have on 4-5 lots it can be quite a bit of moeny.

Just did some quick P&L summary and analytics. So far my best trades are GC , CL , and stock options. My worse trades, by a large margin, are in NQ and MNQ. Given that analytics insight, should I stop trading the index futures? And my swing trades profits are multiples of my daytrade...

I saw the link. If he's a legit tech lead at a Big Tech company(e.g. FANG) then he probably makes that much in a year! Total comp(base + cash bonus + stocks). FYI: No, I'm not at a Big Tech. LOL.

I wa busy trading GC, NQ, NG, CL, and a bunch of options.

I've been wanting to jump in long but I got distracted with other trades. Still kicking myself for not doing it!

So you are selling the legal entity with paperwork completed. Not a bad idea. Does it have any investors asset? Or just a paperwork shell? Just curious

To be honest, I think I will stop trading index futures or slow down significantly. I've made money in CL, GC, NQ. but NQ has been tough. Win some and lose some. Not very consistent.

15-30 contracts?! Wow. I'm making hundreds to thousands just trading 1-3 lots across various futures instruments. I would make a lot more if i scale up to even 5 lots. But I want to work out all the kinks in my trading before I scale up. I don't mind scaling up but with 15-30 lots how do you...

man, I had too tight of a stop on ZW today. Got out then it rallied hard since. fudge!! Of course, I forgot 7:30am is announcement day for NG! I was up like $300 one minute and less than a few seconds later whoosh! went negative and some. damnit. But my options quadrupled and stilling going...

Seaweed, You are right. I trade too many things. Most of my profits today came from just CL and QM. NQ, NG, MNQ were just modest profits. But I was monitoring all of them to see where the big action was coming from. Once I saw it was coming from CL i focused on it. Had I just been focusing on...

interesting Mark. I don't like large stops. Maybe it works for you and others. I like to keep my losses small. Get base hits all day long and the occasional big winner when it comes. If you have large stops, then what's your winning target? Are you getting 3R? 4R?

Yes, you are correct. I'm researching into exactly what you are saying. A lot of time it's not a runner. So I'm good at catching small 2-5 pts moves with the occasional 10pts move. I need another level of details and clasifications that say this will be a 2pts move and this has a higher chance...

Agreed. I'm glad I no longer suffer from catastrophic losses on super trendy days. That used to be my Achille's heels. I was always one supertrend day from a blowup due to my countertrend nature. Sad but true. Nowadays, I don't suffer from catastrophic losses on super trendy days. I make a...

Yep. It can be done. But you have to be wlling to hold and not scalp. Spread kills you. I have been hurt by wide spread. I try to bid in carefully and exit carefully. If done right you can make a lot quickly!

hi Seaweed, Thanks for responding and your honest assessment and perspective. No, I'm NOT trolling. And I'm trading live! My mo is always getting better and improving. I always try to find ways to improve. Even micro edges that get me out faster when things turn or get in a few ticks better...

After a nice day yesterday, today I was trading to "not lose" vs trading to win mentality yesterday. I was more conservative though my signals still said to stay in. I bought NQ and CL then got shaken out. Cut losses fast(which is good), but then it rebounded to the point where I would have...

Yep. These are correlations, after all, and not causation. Correlations can be fleeting else it's too obvious and everyone can consistently exploit it.

There should be an inverse correlation between USD and Gold prices.

The reason I got out of my GC futures quickly was that last time I bought and held a breakout(this was with GLD call options) I lost a bunch. I've made money on several breakouts but lost on a few too. Now I remember why I subconsciously so afraid of holding GC futures for the long haul. Gold...

that's what I've learned. Took me a lot of losses to finally accept that. But nowadays I can do both easily. Go with the trend as needed. Countertrend when there's indication of a reversal. But if that indication doesn't come yet then I will just wait and be patient or go with the trend. It's...