$2,000 to $200,000 in 2020 at 2.00% per day.
- Thread starter sstheo
- Start date
Without understanding volume, what you see right in front of you is less than half of available market information.
Price is the dependent variable of the independent variable of volume; then there is the relationship between the two.
Best of luck to you.
Always remember, green is good, no matter how small. We'd always like it to be more, of course, but we take what we can get.
Like this stupid I did tonight in June NQ. I could have gotten out with 15 points profit as I was watching the uber-thin ladder, but wanted to play with it at a higher profit target, to tease it. But it fell away, and so am stuck in another swing long, at ATH...AGAIN. lol!
But this is the "edge" I gave myself, which is time. I got a lot of time for this to resolve now.
Pay no attention to the bars, they do not work well on thin forward contracts. Wheee!
Like this stupid I did tonight in June NQ. I could have gotten out with 15 points profit as I was watching the uber-thin ladder, but wanted to play with it at a higher profit target, to tease it. But it fell away, and so am stuck in another swing long, at ATH...AGAIN. lol!
But this is the "edge" I gave myself, which is time. I got a lot of time for this to resolve now.
Pay no attention to the bars, they do not work well on thin forward contracts. Wheee!
To be clear, your positions are in a paper account , correct?Yeah, and Nostradamus also knew "Hister" would come. We just curve-fit that guy's prediction to whatever works these days.
I wanted to bring something up to give you another sense of perspective, regarding your desire to try to balance ratios between YM,NQ,ES.
Here's a screen shot of my current positions in MNQ and MES. I took both of these positions long at exactly the same time just before market halt yesterday. So they are equal in time of entry and size. One contract each.
Here is what they look like as of the timestamp of like 20 mins ago...
View attachment 219720
What I am trying to show here is how the strongly-correlated markets, as you have called them, can diverge in price difference. This is what it looks like now.
I hope this helps you trying to figure out your ratios of YM-to-NQ-to-ES should you continue that study.
To be clear, they are not on a paper account.
do you really think so.
Didn't know ON is a day trader, thought you were ON trader. Where are your results published?
Good trade! (If you got out before it retraced OR if you are still in.)