That also could be the reason. I've got my finger near the close button if they jam this up here. If it doesn't work out, no big deal. I dont trade big after hours. Was hoping to get a runner in one direction, but it looks a tad too dead for that
ok so my original math was messed up, but if you read some other countries experiments with transaction tax, some used the notional value and some used the "premium value". Don't know what the premium value is, but notional value would drive us all out.
It would put all of us out of business. Derivative trading (futures) would be 99.9% dead. Each ES trade would set you in the hole 6 points or more from that start (someone else can do the exact math). Impossible to overcome this.
*takes off pants, puts on shorts*
The possible move down has great r:r potential.
Short 69.5. Stop 75.25 1/4 position. Looking for a runner. Last trade of the day
I trade price and sometimes volume on the 1 min charts in ES. If I’m basing a trade off the 5 min, I don’t use volume. Volume doesn’t always sync up with price But when it does for my system it’s always a higher percentage play. Don’t wanna argue with anyone whether it works or doesn’t work...