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Let's hope. I mean. We're at least due a simple retrace.

If @Spooz Top 2 were around, I assume he'd say, "Heavy, heavy..." :)

I'm holding it, yes. Might put the stop at breakeven by today's Close. Let's see where we end up today.

So, what I was anticipating this morning eventually materialized. I was just too early on that leg up. Goes to show the margin of error when day trading and also the difference between a trade and a call. I'm thinking we'll take one last stab at 3100, but it's likely that level will be...

Mind me asking what you're averaging per day assuming you're profitable? Or what you'd consider a good result over time? I don't quite know. We lost touch before I was able to pick his brain. But, essentially he had a very high win rate, so I think he'd almost always get that single point...

8-15 points seems beyond worthwhile. Does your colleague or your firm have/know a lot of traders which consistently nets that on a daily basis? Yes. Very important. One bad day can take a lot if you're not killing it on your good days. So if you're content with a small take on average, you...

I believe HFT by their very definition nets very little per contract/per trade. It's essentially market making or a variation thereof. Of course, if you do that a zillion times per day, you're netting more than 1 tick per contract traded. Yes. I'm mostly interested to hear what people with...

We lost touch, so I don't quite know how he managed his trading, but I actually had the impression he never took more than 1 point, so he probably entered with a pre-set limit. He specifically said he knew he was leaving a lot on the table, but since he lived well from it and wit a minimum of...

Yeah. No worries. Was a fun observation.

LOL. Nice one. :) Except I believe TheApprentice entered a long time ago. Fair point though.

So far this looks pretty bullish on the day and poised for a push above 3130. Hit my daily loss limit, so closing down the shop here for today. First losing day in a while, actually. I simply got on the wrong side of the market today and fought the trend and the FED. The 60 minute looks like...

Stopped on that one. - 5,0.

Can't even get a retrace in this market. NQ is too damn strong. I had the impression we were seeing some attempts at selling this morning, but not going to happen with NQ ripping higher. I'm short @ 17 with a 5 point stop. Targeting 3100 or so on the day. Come get me. :) Higher time frames...

Hi. In your experience or opinion - what's a worthwhile daily take on the e-mini S&P 500 in points per contract? Daytrading the NYSE RTH session. Currently, index futures in general offers a lot. Yesterday's RTH range was 32.00 points and the sum total of the minor swings were 254.50 points...

Index futures are still fairly volatile and I think we may skip the summer doldrums this year.

Good post, but, I'll say that the freedom you mentioned is only available if you're actually rich from trading and don't have to trade or actually have a trading style where you can work whenever you want. I currently feel like a slave to my trading operations, especially since I day trade and...

Well, I always joke around to my girlfriend and closest friend saying that I burned out years ago and am way beyond that point by now. I've quit a few times, but the markets always seems to call me back. I have been exposed to the markets on/off since 2006. Some of these periods have been...

The gap from the 4th of March @ 3127 just got filled.

I just read a comment from an older guy (not a trader) who sold all his stocks last fall and currently have a huge excess of cash he does not know where to put. Basically, there's no yield to be found anywhere but the stock market and he's afraid to put it there now as he simply can't understand...

Crazy. NDX was probably overvalued prior to the crash - yet here we are. God bless the FED and Donald Trump.