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I placed my second bet yesterday buying a SPY May 15 277p for $240.67 to open and this leaves me with $77.65 remaining in the bankroll and I will use it if an opportunity presents itself. Also I opened a second TDA account that I'm going to use for these trades once this current bet is over...

I did some checking and two problems with Robinhood are no trading options to open on day of expiry and no trading SPX options ever they are not available with that broker so I will just run this is my TDA account and keep an accounting of it here. If anyone has different information please...

I got this idea in my head and decided to do it and then not do it and then yesterday I saw a situation that fit the idea so I went for it. I didn't think to do a journal about it but I'm bored and my income has finally dried up and so why not? The idea was to throw $100 in a Robinhood Account...

I'm just getting started myself and that sounds like a good plan. I've been demo trading the ES but the broker I am demo trading has really unstable software especially the last few days. I opened an account with Interactive Brokers but from what I have seen online I am not sure I like the...

Your thread has been very helpful @volpri I've been practicing and now I'm ready to wade into some live trading. I need to find a broker. The broker I've been using for demo has had a lot of gappy data since the market turned more volatile. I check it against my Think or Swim and Schwab...

Very helpful, @volpri. May I prevail upon you to post a chart where you might spell this out as well. I do try to follow the charts you post, but the little arrows can be a bit confusing to me. I'll go back through the thread and try to understand better. Thanks for this journal.

Going through his video course now.

Thanks @volpri!

Did you trade today @volpri?

We simply are not communicating well with one another because we each are viewing the market with a different frame. I'm no market expert and I'm learning more each day. I have found observing price action within the frame of institutions being the primary mover of the market has, to a small...

Not my journal but that sounds like a very good idea, in my opinion.

Yes, and that is not what I meant. I was referring to the fact that if 90% or more of the volume is institutional, then institutional volume is primary. In other words, institutions are on both sides on every bar. Price action shows which side, if any, is in control. But institutions are...

That is a key takeaway I've gotten from Brooks - recognizing the primacy of institutional volume.

You can't please all the folks so why bother trying? I tend to think those who start yelling are playing to their audience. Your audience is not theirs. Tell them to get their own journal, right? Do what's best for you or you'll end up concluding this is too costly an exercise for you to...

I get it. Keep going because knowing what you said earlier about Brooks, I get how you are framing the market. Very interesting to see you put it into practice. I show the volume bars at the bottom of the chart. Lots of contracts being traded every 5 minutes tells us that many professional...

Thank you. Very helpful.

Indeed I am. I'm new to emini trading (haven't taken my first live trade yet). Been reading some old books I found and also was introduced to Al Brooks. Right now I'm just watching the 5 minute ES emini chart.

That's quite a list! Doesn't look simple to me! Great journal and I'll be following along.

I haven't read your whole journal yet, but what I have read has been very good and feel I'm learning a lot.

Compounding is one of my favorite activities when applied to money. Interesting way to frame your journal.