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I actually lost money yesterday trading MGC but MADE money in GC! I was in too many MGC (17 lots) and got shaken out. GC made money for me because I was very selective in my entry. Mad money again in GC. Still small amounts. Just testing.

thanks! I missed on a couple of moves after I posted. Regardless, Aug is still the best month. Imagine what Sept will be if I fixed all of these errors!

I feel like it will take a long time to automate??? I know there's Quantopian and Quantconnect. But you gotta learn their API. Or there's paid solutions like Ninjatrader. I wonder how long would it take to program up my edge. It's a very clear edge. I would stop second guessing myself and trade...

Actually, Aug was my best month YTD so far. It has nothing to do with the summer. I just became a better trader than I was earlier in the year. Hopefully, September will be even better once volatility picks up again and now that I'm a better trader. Looking back at my trades and old charts...

automation. restructuring.

I actually made a lil shorting NQ today. Nothing to write home about. Just a few points. Not a big short. But I picked my spots very SELECTIVELY...

I averaged down MGC. Then it broke out and held on for a long time and got out at a small loss instead of a big loss. Then of course, it went all the way back and some. I would have made profit had I just held on. But that's the WRONG LESSON. The right lesson to learn is that I started...

I must admit today was quiet in almost all the markets I trade. But i still manage to make some money. Not as high as on good days. But still green and decent. That's what counts. Sometimes you gotta eke out little gains and they add up. Just gotta grind it out. And at end of day, you look at...

One man's chop is another man's tradeable range.

where is the chop? Not obvious on your chart.

Hey ETers: I've been consistently profitably. I'm at a stage where I only dreamt of years ago.Yes, there were some outrageous down days(GC I lookin' at you). But since then I have just banging it out consistently. So, my next question how do I SCALE this up without affecting my psychology...

I agreed that averaging down can work with scalping intraday but definitely NOT overnight. However, one has to be careful if a supertrend day comes along when the market goes 100-200 pts in one direction. If you are not in that same direction then you'll get run over. So one should definitely...

I was able to successfully average down MNQ with multiple contracts. And ended up making money. On the NQ, however, it was scary. I will be super careful how I average down that one. I didn't have enough margin and IB automatically liquidating one of my contract. Thus I took a loss on that 1...

Yep. On Friday I was down in YM then all of my losses were wiped out and gain some in a matter of minutes on a breakout. But the problem is that there are LOTS of false breakouts too. So gotta be careful and hold onto the ones that last.

Yep! You are exactly in the same boat as me!! I always dreamt of catching the big moves. But ended up catching the medium sized moves at best and most of the time just small scalps. I realized those small scalps with SIZE do add up to a nice positive day/week/month. In fact, scalping results in...

Yeah! That's the hard part about trading. How to determine the length of a trend. A trend can last a few minutes and be consisted a trend by a scalper. But an intraday trader wants something to last 30mins to potentially hours. If you know how long a move gonna last then you will be golden

I can get small wins all day with about 70%-77% win rate. but what's really stopping me from getting big P&L numbers is not holding onto my winners long enough. I'm still working on that. With a superrunner I get out thinking it has already ran alot then of course it runs and runs and runs all...

are you long MNQ?

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