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That's the dumbest thing I heard coming from you. And you've been trading for what, 25 years?? :rolleyes: 1) Most important rule in trading is to go for trades with the highest reward and lowest risk. 2) With that in mind, you should have calculated how much to make and how much to lose in a...

From the sound of it, looks like all the bears came out of the closet today. I ain't no stranger to bear market, but this is even spooking me out. I wasn't expecting the market to plunge this much.

I can't even remember when we last dropped more than 2%. Do you?

If you have a portfolio margin, they allow you to trade 6x the RegT. But PM is only available to those with $110K or more, so I don't think it applies to the OP. But it's a nice perk for those with big accounts IMO.

There are many ways to make 10 points: Straight up 10 points (hardest) 5 + 5 = 10 4 + 4 + 2 = 10 3 + 3 + 3 + 1 = 10 2 + 2 + 2 + 2 + 2 = 10 (likely the easiest) Sometimes, it's a lot easier to go for singles than homeruns.

Long 5500.50 SL 5484

If you trade less than 1000 trades (500 round trips) a day, that extra 2-cent savings is pretty meaningless. Plus IB offers one of the best portfolio margins and highest interest on your parked cash.

LMAO So you've changed your mind about "we'll never see another correction in our lifetime"?

How can I skip a free offer? :)

Alright, I'm outta here at 5498 :D:fistbump:

This is gonna be a big gap to fill. Just shy of 20 minutes before the London session kicks off and I fear it will only go down further.

Posted with the above comment on 07/12 And today. That lower trendline don't look that far off, does it? ;) (Still hopeful it will turn around here??)

Don't sweat it. This will be the easiest profit IMO. :)

Those on Wall Street will try to wring out a rate cut from Jerome Powell before the election. And the best way to do that is to knock the market down senseless.

So I was right about the "gay" part, after all. :D

'Scuse my ignorance, but WTF does "GBA" mean? Gay but awesome? JK :sneaky:

Are you using LIVE data feed? I get the feeling this is because you're using delayed data. Unless you're subscribed to CQG or other data vendor, Tradingview will only show delayed data for ES. So if you're on delayed mode, switch over to BTC/USD (no subscription needed) and see if it duplicates...

Hopefully 2 weeks later. :sneaky:

In any case, I took a short at 5580. I say we go down to 5500 tomorrow. :)

My gut feeling is that we're heading down. The market was just begging for any excuse to go down and this might be it.