DOW futures down nearly 300 again

Surprised to see the futures coming back off their lows. Right now everything is about opening up the economy, bulls better home any states opening up don't shutdown again or other states continue their locks downs because new lows will be coming quick.

this uptrend ( reversal up) started during today Asian session.
for NQ (and many other asian index futures), we probably can get good max reward risk ratio of 10:1
 
I just sold a bit of inverses TVIX SDOW etc to lock in profits on today's gaps. Letting most of it ride with trailing stops in case market selloff today. Nice way to start the week! Ca-ching
 
seems like you guys are not doing day trading but swing trading.

This is simply trading on a hunch/bias with zero edge. The thread starter predicted we'd be below the March lows by now, so why anyone is following him (much less paying him) is beyond me. This is nothing but permabears flipping coins and hoping they're right.
 
This is simply trading on a hunch/bias with zero edge. The thread starter predicted we'd be below the March lows by now, so why anyone is following him (much less paying him) is beyond me. This is nothing but permabears flipping coins and hoping they're right.

You're a stupid troll. I profited Again today by selling gaps up premkt in inverses. Did you do anything constructive?

My edge is successfully trading 2day high breakouts and gaps. I have thousands of followers for good reason.
 
This is simply trading on a hunch/bias with zero edge. The thread starter predicted we'd be below the March lows by now, so why anyone is following him (much less paying him) is beyond me. This is nothing but permabears flipping coins and hoping they're right.

right. I thought those guys said they were doing day trading but they were actually leave their positions open for more than a day, ie they are fake day traders.

well. for me, I have migrated from swing to day trading, and I and glad I do that.
because market cannot be predicted. we just need to react to the market by day trading.


for day trading, you close all your positions before end of day. Simple as that.
the OP posting # 1 confirms that he is NOT a day trader.

and if you want to do swing trading, you do it on a different account.
No mixing of day and swing trading accounts please.
poor discipline means poor / negative income. simple as that.


This OP is a sponsor of ET.
I think he is the only sponsor who is very hot tempered, hostile & nasty.
This is not the first time I said that.
Also see posting # 14 where he called you
" You're a stupid troll. "
really this sponsor is not a person we want to interact with.
In fact, this sponsor said nasty thing to me before for absolutely no valid reason and that's why I have him blocked.

Those with such a terrible negative emotion cannot be a successful trader.
Those with such a terrible negative emotion will not be able to be a good coach.

Other sponsors are careful with their wordings. other sponsors project themselves as friendly & approachable & kind & helpful so as go
gain more business.

well. sponsors either entice people so as to increase sales,
or they chase away customers so as to decrease sales.


Well. It is up to the
ET administrator to decide what sort of sponsors they want,
who they want to block from ET forum,
how to reduce worthless offensive useless nasty postings,
how to improve quality of postings.
 
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You're a stupid troll. I profited Again today by selling gaps up premkt in inverses. Did you do anything constructive?

My edge is successfully trading 2day high breakouts and gaps. I have thousands of followers for good reason.

But you haven't documented your edge at Collective2, TimerTrac or somewhere else? Maybe it only works once in a blue moon during a black swan and you have no real long-term, "all weather" edge?
 
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