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Exactly. I was just about to post something similar. OP, your limiting your profit just to collect a little premium. It's always baffled me why little old ladies are allowed to sell covered calls in an IRA, but a pro with a series 57 isn't allowed to to sell a naked put. (Not that I'd ever...

Good. Don't. The best trading education I've gotten was from sitting in a few different offices in Minneapolis with other traders who had a wide variety of strategies, personalities and levels of aggressiveness. (Btw, the most aggressive traders, not the most active, were always the rock stars...

I think the boredom part of it is a good thing. It means you have specific setups you're looking for and you're not trading if you don't see them. If you're a discretionary trader, just trading from the gut or whatever, then you need to sit and stare all day every day for whenever a "signal"...

Don't we have enough whiners in the world who always blame others rather than simply admitting they just don't know what the hell they're doing?

The Trade Ideas scanner has a consecutive lower highs/higher lows filter.

Risk and reward ratio is higher? I assume you mean the potential reward is greater than the pre-defined risk. This depends entirely on the strategy being used and how much room you give the trade to move against you before you're stopped out. But Risk/Reward is just part of the game. You...

Those were good days. You had to have the series 7 to get the leverage of a prop firm, but the leverage limits only applied to open positions. So you could have millions of $$ of orders out there, get 10 or 20 fills, and still be well within the limits. I was also in a later group where we...

No, I completely agree. I think you're approaching it the right way. But there's something about doing your own back testing and research in addition to that which allows you become even more immersed in the process. But yes, ask all the questions you need to. That's just as important. I...

And yes, this very important. Doing your own homework will give you confidence.

Well, I'm not sure you have it wrong. It just needs to be put into context for a given trading day. For example, lets say a stock fits your above criteria, or they had great earnings last night or this morning. Now, lets say this mornings numbers are absolute crap and the futures plummet...

I haven't had any problems today. But I've also been logged in since 4 am. But I've also had a horrible experience in general with them since the switch.

Yeah, even if that was intraday, I wouldn't be able decipher it. But the post says the preferred time frame for this strategy is 5 to 15 minutes anyway.

I agree with both p0box4 and Sprout's responses to this. But I also appreciate how you're proceeding in an analytical and objective fashion without being reactive to some of the responses. Most threads like this would've gone off the rails by now. It's refreshing. You might want to check...

Correct answers only? Well, in that case... Yes, it's prevalent. Has been for a very very long time. Insights? It's what I look for in my reversal strategy. And quite honestly, since I started taking advantage of it rather than being a victim of it, trading became fun again. Confirm...

Yes, and it's happening more and more often. I was without data from 8:30 to 8:58 Market time. Internet browsers were fine, order entry platform was fine, but no TOS. I don't know the answer to your question as to why, but yes. I was down as well.

The NQ fell 400 points in 3 hours. I looked at hourly charts since the beginning of the year, and that's only happened a handful of times (in either direction}, even with all of the volatility we saw in April. (I had fo gotten about Fed day on May 1st. Wow.) That's a boat load of volatility...

I agree that it's a total data hog. One time I was practicing and it just kept freezing and having to catch up. Then I realized I had my NQ charts linked to the options chain window, so it was pulling all data for every option that existed for the June contract, including the greeks. I can't...

Turns out that doesn't work. No matter where I buy or sell, it registers all of my trades as break even results. Any ideas? I'll just practice in the current quarter for now.

Well, even though I'm still trading stocks for about the hundredth year, it seems I'm officially hooked on trading the NQ futures. But I still need lots of practice, and that's where the On Demand feature in TOS comes in. I've been practicing in the current quarter, but the calendar goes all...