Search results

My ability to lose money while taking long positions on a day when the market is significantly up is stupifying...micro trading on a macro day and always a few bars late, it seems. Two trades kissed my targets but didn't trigger the limit order, promptly reversed, and hit their stops. The...

Have you noticed what happens between 3 and 4 AM eastern time on most nights? I'm assuming that is when the European markets open. It seems to be a very risky time period for overnight ES positions. I've held overnight a couple of times...didn't sleep worth a damn, either.

It is really maddening when you superimpose nothing but a couple of moving averages on a day in which you've been gallantly fighting the tape for 2-3 points, using trend lines, Fibs, candlestick patterns, Stochastics, voodoo, etc. And you see that if you had used simple fast/slow MA crosses...

I started out using ES as sort of hedge against my stock positions. When the trend would go against my stock positions, I'd jump in and buy a contract, ride it for a few points and get out. It was working quite well, but I got seduced by the gains. I made a couple of lucky guesses and went...

This is so depressing. I recently moved to TOS from Ameritrade. Lower commissions, better trading platform, excellent service and frankly...it was just fun being a part of something unique. I don't see how this could in any way be good for TOS customers.

Gonna keep an eye on this thread...looks interesting.

I was not my intent to be a day trader when I started recently. The concept of swing trading seemed to best match my interests and the time available to me. That's what drew me to your journal. After seeing huge gaps at the open I became reluctant to hold positions overnight and started...

If you make four or more round trip trades in any rolling five business day period, you are considered a day trader and must maintain an equity balance in your account of at least $25,000. I believe that is an industry wide regulation and isn't specific to any brokerage firms. If you bust...