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My casual viewpoint is that this up leg may have a bit more juice to the up side before any major reversal or retrace. I'm thinking that we'll see that open gap above on SPX fill at least.

Did he say that? I wasn't actually quoting him. S&P 500 is an index consisting of 500 stocks. The e-mini S&P 500 futures is a derivative of that index with 500 different components. Being one of the most liquid futures contracts in the world there's a ton of various players interacting at any...

Maybe your buddy speedo will give you an invite to one of his super-secret communities where the Al Brooks followers are killing it. See below. LOL.

LOL. Okay.

Google Gjert Ingebrigtsen. Father of Jakob Ingebrigtsen.

Regardless, where are the millionaire Brooks traders? I'm fine with a coach being a fat slob if his team or individuals actually win. :) One of the best coaches in Norway have close to zero experience in sports, yet his trainees have gold medals and world records.

You did, though. And you're wrong, too. Intellectual and smart nice guys just don't turn most women on. In many ways, we're still animals... :) Of course, your personal preferences may differ.

Might have been pure luck. There's a lot of luck in trading, but most won't admit to that. Of course, most people have only bad luck, though. It helps to have good luck. LOL. :)

ES spends a lot of time range bound. Plenty of second entries. Hehe. :)

I don't really know. I'm just speculating... :) Moved stop to 94.25. A bit too close to the action.

Added one unit at 4400 as price moved in my favor. Powell can easily tank the market today, so don't think I'll get any bigger than this. Moving stop to B/E if we get a second push above 4401 or so.

We'll see. The key is to contain losses and have your smallest size on when you're wrong. Initial stop was 5 points. I only tightened it up after the market moved in my favor. I would also get frequent stop outs on a 1.5 point stop.

That's surprising to me. I took me a while to realize that most people don't know shit about trading - and that includes most gurus and the vast majority of posters on ET. The few ones that know something worthwhile tend to keep their lips shut and don't make much noise. So, ever since I...

Well, almost always may not be good enough. Like I showed, you need to be right 78 % of the time if your R/R is at an inverse ratio of 1:3. I agree that it can possibly work. Just not likely to happen for most people. :)

Personally, I like to go for larger moves and I don't give a shit about win rate (which is often less than 50 %). My average stop on ES these days is around 5 points and as a minimum I target 5 points, but ideally at least 10. Yesterday's trading. I knew 4400 would print, but I did a misread...

Of course. If you almost always get 3-6 ticks as soon as you enter a trade I imagine you won't need a 12 tick stop either and that changes everything of course. Leverage is irrelevant for this equation, though, although of course, the higher your leverage the higher your risk of ruin. And high...

LOL. Talk about going off topic, but I can tell you for sure that many women find what you described as completely overrated quite enjoyable. So, like @NoahA suggests, one have to find the right one before marrying her. LOL.

I 100 % agree with this, so not sure why you're afraid I'm missing a big point. In fact, I frequently say that ET is full of "teachers" and "helpers" that are not themselves profitable.

This is what I posted in another thread, but I'm sure it went over the head of most: What most people fail to realize is that in a market such as ES which is extremely competitive there are hundreds if not thousands of strategies (manual and algorithmic both) being employed simultaneously with...

Just trying to educate you and open your eyes, buddy. Doesn't Al Brooks teach expectancy? Understanding expectancy is key for any trader. Risk 12 ticks ($150) to gain 4 ticks ($50). Let's take a closer look... If we factor in costs at $5 per trade, you need a 78 % (!) win rate just to...