Search results

  1. V

    How much did it take to become more or less consistent for you?

    Consistency at losing can be achieved by anyone in two weeks flat! Roflmao
  2. V

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

    in trends what you say is useful. However in ranges that is a horse of a different color hence I trade ranges differently and expect a smaller RR unless it is a broad range.
  3. V

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

    I did manage to take a couple more trades. Straight scalps. The last one I just left as a bracket order while I went to town to run some errands. I was betting we would have a higher close than on the prev day (26th) and my profit target for the last trade #4 would be reached while I was gone...
  4. V

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

    I did make a few more trades took screen shots and will post later. Got to go to town.
  5. V

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

    Don’t think I will have time for more scalps today but here are some i took this morning. I consider tge bullish behaviour on the daily chart the last 4 days so I am willing to start going long on the open of 11-27-2019 and averaging in IF prices opens at or above the close of 11-26 the prev...
  6. V

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

    I haven’t had much time for posting annotated charts but here are a couple showing trades today 11-26-2019. Notice there are two charts. A daily chart and a 5 minute. It is often useful to look at a daily chart to get and idea about what kind of day is probable for the next session after the...
  7. V

    The meaning of risk. What does risk mean to you?

    For myself taking on risk means an opportunity to make $$$. I see risk as a positive thing. However, in trading it is a calculated risk, assumed in the right context, that will render positive movement toward the objective; making money.
  8. V

    No day trader on this planet can make yearly profits

    Can it be done..i.e. same process with 1 contract? What about with 3? What about with 4?
  9. V

    Inflation causes riots and wars.

    Rofl hilarious
  10. V

    No day trader on this planet can make yearly profits

    You can define scalping however you wish. My definition is that min scalp in the ES is 1 point. I won’t take a trade if I don’t think the probability is higher that it will give me at least 1 point. I realize that is not the orthodox definition but I don’t give sh$t. And price will not move 1...
  11. V

    No day trader on this planet can make yearly profits

    Often I am actually hoping it moves against me so I CAN average down. Of course, someone might say why don’t you just wait for the better entry and go all in? Well there is a reason for going ahead and getting in at least some sort of position. Think about it.
  12. V

    No day trader on this planet can make yearly profits

    I probably have posted more averaging in trades than straight scalps of two four points but that really has nothing to do with my point I am making. That is making Two points profit on a long or short trade with two contracts averaging in or straight scalps. And you are mistaken. I average in...
  13. V

    No day trader on this planet can make yearly profits

    Sorry there is no such thing as noise in the markets. I am sorry you cannot go long two contracts and make 2 points on that trade. Or short 2 and cover with two points profit. And repeat that two times in a day session of the ES. You have a right to disdain anything you want to but is doesn’t...
  14. V

    No day trader on this planet can make yearly profits

    That depends on ones definition of scalping. I consider 1 to 4 points a scalp in the ES and 8 points or so a swing trade usually from two legs. As far as averaging in I don’t do it on every trade but will do so when the context supports doing so. Can you make 2 points on each trade trading 2...
  15. V

    No day trader on this planet can make yearly profits

    That can depend on the size one is trading. 50 Es contracts scalping 2 points each time and doing that twice in one hour is 10,000.00 in an hour before commission. That is a pretty good hourly rate I’d say. If you made 6 of those trades instead of 2 in a day then that is 30,000 for the day...
  16. V

    No day trader on this planet can make yearly profits

    Exactly why intraday scalping is a solid strategy. Grab what the market gives you over and over again jumping off the bull when your 8 seconds are up, if you catch my drift.
  17. V

    Absolutely the best explanation of technical patterns

    You are right. We are pretty dumb but think we are sooooo smart.
  18. V

    Absolutely the best explanation of technical patterns

    Americans can be so arrogant. I’m an american. Cut the guy a little slack. He is trying. he probably never should have asked people to say what they think. Especially with this bunch of every vigilant scam police on ET ROFLMAO
  19. V

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

    I'm busy so don't have time for live posting but here is something to think about when correlating vol with price. Maybe you will find it useful?
Back
Top