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Buying dips still works well. I agree it's not optimal trading conditions, though. And with the summer months coming up they're historically not the best months for trading anyway.

Well, there doesn't seem to be much to milk on the short side either.

Month end coming up. Barring any game changing news, this week should be a sweet up week. Let's buy them dips and make some risk-free $$$. :D

Pretty much, yes. I think it's more like sell by end of August or some time in September for the last years. Last 10 years: May: Green with a close above Open and a close near top of the range 90 % of the time. June: Green 70 % of the time (there was a big down month in 2022), close above...

I won’t bother to look it up, but I’m 99 % certain that’s a bucket shop, not a prop firm, so that’s a misnomer. Many of these firms are nothing but bucket shops and there is no funding. I saw another such firm that went bust recently as well. There will be several others in the future. Anyone...

If it looks like a duck, well, it probably is a duck, no? Anyway, this week marks the end of May. If we can use history as a guide, month end of May have been fairly bullish most of the time by far over the last 10 years. Using history as my guide, then, my prediction is that this week at...

LOL. The 'debate' keeps going. @poopy, @newwurldmn, @Slow Learning Elf, etc.: Why on earth would you guys spends so much time debating with @nonpln and other retail small timers here? It's like the bullies from school all over again or like an adult that's arguing with, eh, a child. Poopy...

I'm not sure he said he thinks it's not possible at all, although maybe that's his view? Like I said, it's of no consequence to me, but it's interesting nonetheless. Personally, I think it's possible, but it's no doubt for the few and takes a ton of time, effort and experience to get there...

LOL. Yes, if he says he never met a long term profitable day trader of index futures I believe him. It's of no consequence to me either way, but interesting nonetheless. It was surprising to me that the number was zero, though. Generally, I don't think institutional or professional traders are...

Really? That's interesting if true. I'm not sure if any other firms does it, but E2T actually publish their statistics on the high failure rate on their programs. I would imagine that out of the few that passes, most don't make it to taking an actual payout. I'm sure the actual success rate...

Not that it's of any consequence to anyone, LOL, but I lowered my stop on that hindsight trade from above to 11.75. A bit pre-occupied with other stuff, but I figure we have a good chance at making new highs into the Close. The day is still young... ...and I may be dead wrong.

ES reversed off the weekly Open and last week's Close for now. Could be an initial reaction before another pop.

Language, buddy. I don't see any clowns here. You seem to be getting into arguments with everyone. Maybe just relax a bit and focus on your own process instead of criticizing everyone else? From my POV, this is a free message board for shooting the shit when we're bored and lonely as...

Ugh. I was dead wrong today. First time shorting in a while, too. Entries were surprisingly good, but every drop snapped right back up. Most certainly looks like we're done below for the day. Maybe 5320 on this push up.

Okay. Shorted 05 with a 3 point stop. Final bullet.

I'll be damned. Covered for + 1 on a trailing stop. If I were scalping I'd have a ton of profits today as I've seen so many good entries go back on me. Still not convinced we're done below, so may do one more short, but won't post it.

Stop once again at B/E. Offering 86.50 to exit. May re-short if I get spiked out, but not so sure. Was planning on an early weekend.

2 point loss. Re-shorted 03.50. Final bullet. :) Stop at 07.50.

Looked so promising for a minute. Dip buyers are relentless this morning. Covered B/E. Got a few bullets left. Re-entered short at 04. Keeping stop at 06 for now.

Putting stop at B/E already. No need to be a hero.