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Just a quick question. I know futures ended trading 15:15 CST or 1:15PM PST. However, the quotes are moving yet I can't get out. I got in at the lows. But IB wouldn't let me execute. Those quotes are fake or not real? P.S. Finally it let me out at a slight profit. Whew! 1:31PM PST. And...

Had I kept my NQ shorts from yesterday's highs. shoulda. coulda. woulda. LOL.

wow! market falling apart...

I got whipsawed this morning on NQ. I was short even. But the first few minutes got whipsawed out of my position and got out at a loss. Was so disappointed. With shorts, you gotta pick your spots very carefully given the nasty buy the dip crowd that rips up and tear your shorts apart. Then late...

Exactly. That's why I bit the bullet and sold. :( But I bet you the big long term players like Ray Dalio, the founder of the world's largest hedge fund with over $100B in assets and who has been promoting gold for months now, did NOT sell. He probably added in. That's the advantage of size. So...

Can't believe it! Lost all that money on GC for nothing. It went up even higher. I realized the crux of my problem. I was trading based on the daily charts but the intraday moves are so violent and fast that it shook me out. I would have been up huge if I just held based on my daily chart...

Yes, I understand that about NG. Ironically, I'm making steady money in NG during the doldrums of the summer months. I thought it will be too slow. But that's exactly the quality that made me make easy consistent money in NG! GC is too news driven. Inflation is tame and it drops 50 points...

I can't believe it happened again! So demoralizing. The kind of pented up anger and frustration I have with GC is unbearable! Kind of nasty misery! Should I continue to trade GC? Or just leave it alone and focus on NG where I'm successful....

Oh boy! I would definitely have been able to hold through that and even actually end up making money too!

i think it's the VIOLENCE of the moves that shook me out. NG moves so slowly and orderly. I should have held on.. Set me back 3-4 days. :(

what's the multiplier?

short or long?

took a bloodbath this morning for nuttin' Had I just held on it would have come all the way back up... Or it could go down further and wiped out everything. hmm...

I got whipped in GC(gold futures).

I should have listened to my own advice and avoided fast moving GC! I was making steady money in NG because it's slow moving. Then WHAM! Today GC wiped me out! :(

Of course, now it's coming to where I would be even!!! WHAT?!!

I HATE GC!!! I was doing so well in NG. Printing money every day. Today I got up late and saw gold. Got in and got whipped!! The moves in GC are so FAST and VIOLENT! not smooth and steady like NG. :( That kind of moves seem to be machine driven. Panic sell! 30pts swing in a few minutes...

Thanks for the link. So, he has a strong short bias. Which works great during the crash of 1929. HOWEVER, he didn't covered all of his position. He was up $100M (or $1.4B in today's dollar) and 4-5 years latter he was broke? WTF?! I know it's easy with hindsight. With shorts, I'm a lot quicker...

While I agreed that the daily/weekly are where the big profits are being made, I wouldn't totally discount the intraday trading with size. I'm not talking pure scalping for a couple of ticks. There are definitely enough intraday moves, trends, volatility that a very experienced intraday trader...

You are right! GS is no TLRY doubling in 1 day. You need that kind of vol in order to get that kinds of returns.