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He needed to check his balance in person.

You can get certified by software companies in all sorts of software tools that would allow you to work remotely. Even if you were to trade (which I would not really recommend in your current situation), you will need a "real" job to cover cash flow and expenses. I wish you good fortune, and...

Most people who try trading have a woefully inadequate trading system. They are simply not as prepared as they should be. Just my opinion, I wish everyone good fortune !

Yes, trendlines work brilliantly when modeling long term data.

That’s Russia and the Saudis being stupid. Again. They shot their shot.

The spot market will jump this Summer for A/C demand.

Whatever you do - don’t confine your charting to one singular timeframe. For example - 5 min, 60 min, Daily, Weekly overlays for ES or CL. I wish everyone good fortune!

Ummm…. I used to daytrade using 360 minutes. Also - use a Weekly for trend. Longer timeframes are an advantage IMO. I wish everyone good fortune!

Berkshire took a huge hit in ‘22 in terms of earnings

Very well stated :thumbsup:

I admire any trader with a well thought out system and that sticks to it. :thumbsup:

You’ve got a fine plan, tbh. :strong: If, for example, I’m short 3 futures contracts, I might place three single separate buy orders at three different levels around (above and below) a recent swing low. That way, if the market bounces back, I possibly stood a better chance of being able to...

Scaling - in to and unto itself, is not an “edge” per se. I scale profits as well - but I take my losers all at once. Which is another great conversation starter!

Personally, I scale into winning positions. I never add to losing positions. “Cannonballing” is adding to a losing position in hopes of mean reversion. Semantics. My mistake.

Every single trader that I’ve seen blow it - did it “scaling in”. On the floor, it was called ‘cannon balling’. YMMV, I wish everyone good fortune!

When I used to make a living day trading futures, I used both. I went into a trading session knowing the usual suspect technical levels and macro trends, inter market correlators, and I also had researched in advance the likely market reaction scenarios for the day's economic release numbers...

I wouldn't consider selling options premium as a legit "spread". In fact, that's just pure directional risk. That's something I personally wouldn't be comfortable doing. Think of spread trading as betting on the convergence or divergence between two or more very highly correlated products...

Mine. Inter and Intra Market futures spreads.

I have a client who transitioned to live about five months ago. He has been reporting very impressive results with a 70% W/L rate. I hope I didn't jinx him.

The important thing is to actually stick to your plan.