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Interesting. If I'm not mistaken, you were focusing on NQ at some point. And maybe ES, too? May I ask why YM now appears to be your primary contract of the stock indices? How would you characterize their differences intraday? I'm sure there are more similarities than differences, but arguably...

As a day trader I concern myself with statistics and probabilities. Market crashes are by definition very rare, so I don't go around expecting the very rare. I'll take that if/when it happens. Most days by far are just the regular up or down - and I would never let my fundamental views or...

Would love to see that quote. The only thing I'm fearful about as a day trader is volatility going down and staying down. I would welcome a market decline as it would mean opportunity, but it's not something I'm predicting or expecting as that's out of my lane. I just take it day by day.

Would you (and I encourage others who post to do the same if they feel up for it) mind giving a quick summary on differences between these markets? Are they widely different? Do you trade each market using the same principles/methodology? Simply put, I suspect some markets can work great for...

Hello everyone. It would be interesting to hear what markets, instruments, stocks, cryptocurrencies, etc. you guys are trading. Could also be interesting to hear if you're day trading, swing trading or merely investing. Personally, I day trade ES strictly and that's my speciality, but I'm...

I'm not sure, but I would guess around 2011.

Hard to believe S&P was trading at low 1000 not that long ago, but I have proof in case anyone don't believe it. :) Yes, that's a picture taken with a cell phone and not an actual screen grab.

I was on my first cup of coffee here and obviously made a typo. Corrected post in the quote.

If you want to be successful trading the markets you need to align yourself with the facts of the market. This comes from careful study and research of the markets. Not this silly thread where some people think some magical answers or guidance can be found or delivered. It won't. So, what are...

If we look at the entire year so far and sum up the total of the range for each respective day type (going from low to high or high to low), it looks like this: Low High = 2514.50 High Low = 2422.25 So, the days going higher in total offered 95.25 points more than the days going lower. I'd...

Just go long and buy every dip, then. :) If we look at the past three weeks, I see 20 trading days: 8 had the main move down. 12 had the main move up. For this last week, 3 out of 5 had the main move up. Of course, the days with the main move higher offered far more juice than the down days...

Today, it offered a nice short entry thrice on ES. I don't know if it works on other instruments. ES is all I follow in detail. It offered a nice pullback long on Monday. Nothing works all the time, but I find it generally is a fine line in the sand to watch out for. PS: Yesterday, it...

You liar. :)

Covered that short here for + 13 on the entire position (3 contracts). I was hopeful we'd drop below the LOD, but it's holding for now. Calling it a weekend here. :)

Double bottom? Really? Sold two extra contracts on this pop and will stop out entire position at B/E. Will probably be happy to take it off for 14 points if I can get it. I may have gotten too greedy and slow to take profits on this one as it was twice well in the money. I can see another pop...

There's a bid at that 4200 level, but I'd say sellers are in control as long as we hold below 4110 or so. I would be impressive if this day reverses and we make a new HOD. As of now, that appears unlikely. So, holding short.

Mostly agree. The thread was mostly meant as comical relief, though. Had me a good laugh when I first found those pictures. :)

Ugh. Dip buyers showed up. Right back up to the 50 % Level. Ready to close it out here on the next leg lower. This could have been it for a bottom today. It's anybody's guess if this is a retrace or a V-bottom. That spike higher was sold hard at least. Let's see now...putting my stop at...

Bidless market for now. Bottom pickers trying their luck at 4200. Unless Powell say they're restarting QE, I'm thinking Outside Day. I'm assuming he must have said something else at first to trigger this.

Spikey! Holding with a 3 point stop for now. Lotto ticket. I'm assuming 4150 could be in play if this accelerates with a break of the LOD and 4200. Holding up fairly well so far. Not easy to read this action. I'd say it's all random. May enter long if we start moving above 4220, but doesn't...