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What a crazy ride today! Down in the morning then up nicely but should have gotten out of open profits sooner. But still ended up the day positive. The moment that I was proud of was buying at 6987.75 and selling at 7001.75. Originally I was short and lost in the morning. Then I went long and...

This market is incredible. I had a resting buy limit order. It got hit when I wasn't watching. Then it down against me. But I just held and I got out with a profit. lol. What is this?1 I was stupid enough in 2016-2017 to be bearish. Every dip is bought. Every pullback is bought. Only on really...

As I've said before, I also run a consulting and side business that generates steady income for me. Those activities take up the rest of my day(after the few hours in the morning of daytrading ends). But I do have my screens up with charts just in case something interesting is moving and I can...

In theory, that's a very correct assessment. In this particular case, I'm daytrading a few hours in the morning(thanks for being on the left coast). Then the rest of the day I'm working on my consulting and business. In theory, I would learn more and faster if I focused a 100% on my daytrading...

Went long NG(natural gas) and got out. Ka-ching. Rode the long trend with ease. Just need to do the same with NQ. I know a lot of people here on ET are daytraders. I was just looking at the daily chart. From 12/29/17 when I short at the highs of the day and covered near the lows of the day. I...

Went long and participated in the late day rally. Made back some.

haha. You are right. My consulting and side business produces steady income that are about orders of magnitude better than this. So until I fixed these issues, it's more entertainment than productive use of my time.

In NQ points except when it's labeled YM points. Acct1: Short. Loss -5.50 pts(manageable loss). Switched to long made 1 pt, Long -4pts. If I had just held longer it would all come back. This is the BTFD market as people say. No fear. Acct2: long 1.25pts, short -4 YM pts(I was actually up...

So, do you only trade futures intraday? Do you ever hold overnight positions? As detailed in another thread on ET, I briefly worked for a small hedge fund. I got in on my credentials, but I sucked as a trader. haha. Smaller funds are fun and more intimate environment to work in. It's great that...

That's a really interesting story. You are quite blessed to start trading in the market as such a young age. While I knew about the markets in my teens too, it was mostly an intellectual activity. I would read BusinessWeek, WSJ, Forbes, etc. After I graduated from college, I actually worked as a...

There are many great trades and horrible trades. Without pulling out of my old records, in recent memory Futures Side: ========= I made $17K across 3 accounts in one day(actually a few hours late in the night) when Nikkei was trading You can find details here...

Thank for the honesty and frank assessment. Yes, if I was a genius at trading it would be apparent not. My genius lies elsewhere. I have multiple degrees from some pretty highly ranked institutions of higher learning. And I have developed my career capital. You are right. It's unwise to throw...

That's an inspiring story. So, how many years did it take you to be good enough with your trading to be able to live from it? If you don't mind me asking. I was wondering how long my journey might be. It will probably be longer since I'll not be doing it full-time but part-time. But I think I've...

That's a great arrangement to be doing what you love and getting well comp for it. Are you a prop trader or do you work for a hedge fund? It's great to use OPM instead of your own. A call option with unlimited upside and limited downside. ;) My career trajectory had many twists and turns if...

So, are you a full-time independent trader now? That's impressive. My trading is not good enough to support me! haha. I've started a business and focusing on that as the main thing going forward. I'll trade a few hours a day in the morning to continue to improve that. When my trading generates...

As luck would have it, the Universe has provided with me a good biz opportunity. I'm going full speed ahead with that. I will only trade a few hours in the morning. I have other things to attend to as well. And yes, what attracted to me in the first place to trading is the independence and not...

I agreed. But I don't like the pullback to support. I was trying to say I should hone it so that I buy closer to support and put a small stop loss below that rather than chasing prices higher and when the pullback I can't stand the heat and get out. hehe. You are "just saying" correctly. :)

I totally agreed. My exit point is not predetermined. It's determined by market action. But my stop loss is fixed. That's how you control risk. Fixed loss and potentially unbounded profits. So today I put in stops. It's good and bad. I got stopped out with small losses. Normally I would hold...

So, you think a bracket order is what I should do? Let me look into that. IB has bracket order but I never use it. For those who have IB, do you know if you can assign hotkeys for bracket orders?

Yeah, I should have done that since 2009. Stupid me. Shorting...