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Stop trailed to breakeven. Initial target 2252. Holding for a test of 2220 or new lows if that doesn't hold.

Short 2282. 10 Point Stop.

Endless stimuli promised, but poor follow through. Cheap money doesn't help if they can't be put to good use. Short bias for the day as long as we don't take out 2280. Will try and enter a short if I get a good entry on exhaustion of this leg up. Could easily turn into a momentum push higher too.

On what basis do you state that? And what's 'sooner'?

Do you have a plan for what you want to do with the money if you get a loan? How big a loan are we talking about? I'd add that if it's a small loan, i.e., something that you're not financiall ruined if blows up, it's a different matter. There is at least one other thread here about a guy who...

I was using the JigSaw DOM a little while back for a few weeks. Very interesting and exciting for sure, but I didn't yet use it to aid my trading decision/analysis. I'm a bit on the fence with regards to the actual utility of the DOM. But it sure is interesting to see thos bids and offers both...

What's the alternative? Simply letting people die without any help? If the mortality rate is low, surely that's also because people actually are getting help? Mortality rate aside - the point is that the medical system can't handle everyone getting sick at once, hence the need to flatten the...

No thanks.

@dozu888 is currently 2865,75 - 2174 = 691,75 ES points in the red, i.e., down 24,14 %. And I believe he started encouraging people to buy even higher...

I use charts all the time even if I don't post them here always. That said, there's a lot to learn about a market from statistics and numbers that are not always easily found on a chart. Anyway, looking forward to your chart.

Of course. I think that's what surprised most on this entire sell-off . We virtually dropped nearly 40 % without a breather to speak off. That's why I'm not looking for one yet, either. I'm thinking there's quite a good chance we'll see low 2000s tomorrow. We'd really need some kind of...

See my post above. You're basically fighting momentum and the script from the last two Mondays doing this. You're an experienced trader, but this seems risky as hell to me, unless you can sit through considerable heat on the inevitable bounce somewhere down the road. Like I said before the...

That was fast. The last two Sundays where the market went limit down in ETH had follow through below in RTH going limit down 7 % on the RTH Open. In fact, the last two Mondays closed down - 12.51 % and -13,18 %. 10 % down from Friday's Close takes us to 2055 by end of tomorrow. It's quite...

Hi all, Question to discretionary traders who place orders manually: Do you place trades from your charts or on your DOM? Personally, I use and have always used the chart trader on Ninjatrader. I use automated strategies which always submits a hard stop and limit orders for my exit as soon as...

I thought you mentioned the loan officer because you were taking out a loan? I know a professional trader with a lot of experience who actually have stayed out of this market on selected days. I would rather take out a loan if you can prove yourself profitable after one month of trading.

Too long a time window for me and too random. But I made my prediction for next week already: 20xx or even 2000.

Let's assume the average daily range is on the e-mini S&P 500 is 25 points and you can capture 20 % of that with 5 contracts using a 3 point stop: 25 x 0,20 x 5 contracts = 25 points Current average 10 day daily range is 168 points, i.e., 6 times more than normal, but due to the increased...

kmiklas, You just made a thread about how you were getting whipsawed in the market asking for advice - and now you want to leverage that? People and firms are blowing up left and right in this environment. There’s a lot of survivorship bias in the stories you read. It would only make sense...

In order to understand that - detailed statistics is necessary. Did you make one home run? Or did you make 1000s of trades? Even still - one month can be a lucky run. As for this market, it's still the same market as ever, but also dramatically different. There's certainly things that you will...

End of week commentary: 2350 was the final barrier on S&P 500. We closed this week near the low at 2304,92. That's 32,08 % from top to bottom in only 23 trading days and down - 14,97 % for the week. In fact, that makes this the worst week down in % change since this sell-off started. NASDAQ is...