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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    I don’t recall hearing of her? Is her book worth reading?
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Then smart money is the reason for the movement. It wasn’t random. There was a move initiated by smart money! Price even if it moves 1 tick was because an institution wanted it to move that one tick. It simply is not noise. What is noise are the thoughts and emotions of our minds. You look at...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    You are not your thoughts and your emotions. Both are fleeting. They appear and disappear as quickly as they came, but you remain. Nor can you control them for any enduring time. They appear upon your consciousness at will like like clouds upon a clear blue sky only to quickly be replaced by...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    We have been taught to suppress our thoughts and feelings which results in us becoming slaves to these thoughts and feelings. We become chained to our thoughts and emotions therefore granting them the right to mold our lives according to their desires. They shape our experiences in life.
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Hemos sidos enseñados a suprimir nuestros pensamientos y sentimientos con fin de que hemos convertido en ser esclavos de los mismos. Somos encadenados a nuestros pensamientos y emociones por lo tanto ellos se aprovechan para moldear nuestras vidas a su manera.
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    There are 81 bars on a 5 minute ES chart. Most days there is usually a scalpable trade, or more, on EACH one of those 81 bars, if viewed on a lower time frame. In other words, a “discernable” trade within the 5 min bar can usually be detected if one dials down to a lower time frame to see it...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    It depends upon one’s perspective and trading strategies. What is the reason for when you and or Buffet lose money? If ones perspective is fundamentals then price is not always aligned with fundamentals. But neither is fundamentals always aligned with price LOL hence Buffet at times loses a few...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    There is always a reason for every movement. Whether that movement has probability of continuation is to be deciphered and conclusions arrived at and action or no action decided upon. One doesn’t need to know the reason for the movement to initially structure a trade, whether 1 tick or 30 ticks...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Price Action: 1) PA is static as in charts that have already been drawn. And it is dynamic, i.e. charts yet to be drawn and how they are being drawn. In the latter what is important is the “how” they were drawn. The former serves to glean visual ideas for possible strategies and tactics and is...
  10. V

    Question to Elite Traders

    Price Action: 1) PA is static as in charts that have already been drawn. And it is dynamic, i.e. charts yet to be drawn and how they are become drawn. In the latter what is important is the “how” they were drawn. The former serves to glean visual ideas for possible strategies and tactics and is...
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    Question to Elite Traders

    Don’t forget the skill of scaling into losers also aka as “averaging down” ROFLMAO
  12. V

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Florida bye bye Florida. Hoping to go to the Pioneer Museum in Alabama.
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    Every professional trader said market had changed dramatically over the years

    If markets are choppy they are choppy on both sides. That is why averaging down can work, if applied correctly. Think about it.
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    Price action , support resistance does not work in ES

    So you scalped towards the wall?
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Food for thought..... “At one point, when you become consistently profitable in the markets, the success you might be craving so much right now will not matter to you as much anymore – trust me, it becomes less and less impressive. Winning trades become boring, losing trades equally boring–...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Been back at the beautiful beaches of Florida near Destin. Been here since 29th of May. Nice.
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    Can the U.S. declare bankruptcy?

    Yes over 70% is held by Americans and or American institutions.
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    Mindset of a losing trader

    I guess you will have ask those questions to Mr Byeajee and see if he gives you a satisfactory answer.
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    Mindset of a losing trader

    For psychology you may want to look at Yvan Byeajee’s works. You can start by reading his books: 1) Zero to Hero: How I went from being from being a losing trader to being a consistently profitable one...a true story 2) Paradigm Shift: How to create equanimity in the face of market uncertainty...
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    Advice on how to make 5%/month on $1 million

    Learn to scalp 2 points a trade in the ES really well, with a high win rate. Make 4 trades a day. Average 3 winners and 1 loser. Size up to 20 ES contracts. Most days ES can render this to a good scalper and usually early in the session.
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