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Nice contributions today IB Dude :thumbsup:

That 3127 was a pretty big Leg start, it was also from the time when they made that emergency rate cut and the market sold off anyway. So it does have some significance as a proper resistance level in my view. Need to take out LOD now to see if she will roll over.

Nice one, I shorted the back test at around 8pm EST, spent all day watching the market... just to have it come back AGAIN in RTH and give an EVEN better entry. Lets hope this sell off has some legs. I also loaded up some VIX etf's in case shit really hits the fan with the protests and all.

Are you still holding the swing trade from yesterday? Today's RTH high looks like a 2nd test of that 3127 from back in March. Crazy action today, I did not expect it to go that high AGAIN.

Are you Europe based?

Coming from a swing trading perspective I am now training myself to scalp / daytrade ES/MES. Its a struggle to take conservative profit targets in MES instead of looking for runners. The mindset is totally different and you really need to understand the setup on when to take profit vs let it...

I watched the video, the guy says he was a trader for 7 years in the comments. I'd say with that much experience it's possible he had the skills to take advantage of the volitility of the last few months.

3024 was a bitch to get above in 2019... Might be R again...

From the few posts tradingismybusiness has made it sounds like he knows a thing or two about the markets... Not sure why you would want him to shut up.

Is your friend reading the DOM manually as in looking at the ladder or is it some sort of algo driven analysis? Or is it looking at fast tick charts to see if there is a change of momentum? Doesn't the DOM on NQ just fly around like crazy?

Ultimately we can only take what the market gives on a specific day and also your skill level.in capturing the rotations. Hard to have a % gain target per day. Let's say you are trading ES or MES and have a 5 point stop /10-12 point TP (typical size rth rotation in recent weeks). With using the...

In April I took a $1500 account to $4000 in 3 weeks trading MES and MGC intra day both Globex and RTH sessions. I then increased size a bit too fast and now I am in draw down. So obviously I need to slow down and not trade as aggressively. I want to hear from more experienced and consistent day...

If you understand the current move on a higher time frame perspective, its is not so complicated to take day trades / scalps in the correct direction. This can lead to fast account growth. The issue is that mistakes are inevitably made especially if you are still learning and this is why its...

Maybe I should have put this under risk management instead but this a serious question. It's obviously faster to double your trading account if you are risking more per trade as a % of the account but that increases your risk of ruin if you have a series of losing trades. It also messes with...

How much did he risk per trade?

Question to those that have been successfully day trading / scalping index futures consistently for a long time. How long does it typically take you to double your account balance and how much do you risk per trade in % of account balance ( not liquid net worth).

Why not keep the standard setting but just look at a lower time frame to get an earlier signal?

Schizo's keyboard is just one big REVERSE button.

Never seen you make calls or post trades before.

Thanks for pointing out poster Blotto. Really interesting stuff he wrote.