Any interest in videos of RTH scalping in real accounts? I use tight stops and profit targets.
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
Man, the only reason why I switched from trading stocks to futures (like in 2002) is because of these earnings crap. Back then, no matter how good or how bad the market darlings were, it didn't have much impact on the indexes. Now indexes move in lockstep and I need to monitor their earnings.I wonder if it's high time to jump to something else.
I don't know... Cocoa?
Congrats on your huge trade in USDJPY, btw
Well, he explicitly said in the past that his family roped him out of a sinking hole with a condition that he not trade again. But that sneaky MOFO, as we all know, is a smart one.
LOL. You must have a good memory. I forgot I even posted that. But yes, it's true. I blew a $20K loan day trading index futures knowing absolutely NOTHING and my parents helped me refinance the loan on better terms (still had to pay it back myself, no handouts). It wasn't exactly a sinking hole, but at the time being a debt that was hard to carry with high interest as a student with low income.
And yes. I promised them to never trade again and honored that 'promise' for a few years. Nobody in my family knows I'm trading. Funny thing is I probably have my 10K hours doing this and only my girlfriend knows.
Anyways. Back to the market. I think we'll see a decent recovery tomorrow. Minimum 5530. Possibly all the way back up again. Selling further in RTH is possible, but from my POV the least likely scenario (unless something changed which I don't understand).
I'm long 5450.25. Stop at 43. May take another stab if I'm stopped out before hitting the sack. Could be that we need to go a bit lower first, so only testing the waters here with minimum size.
PS: I saw the questions about the accounts and I'll just let that question be unanswered for now. I regret not posting yesterday's number instead as that was the BIG one. LOL. Only reason I posted it was because @Picaso asked about the result today and I now regret posting it because I knew there would be questions.
You need to do a better job of skinning that cat. That dude has 9 lives. You got 6 more to go.
1st trading day of the year so far in 2024. SPX. Avg. change is actually negative. 50/50 pos./neg. and only one biggie.
So no, 1st trading day of the month is not usually very bullish.
‘Did I miss a call?
Added one on this pullback and tightened up the stop a bit.
I "know" tomorrow will most likely see a (big) recovery, so I'll just hold here. I just "hope" I won't get shaken out overnight without being able to get back in. Could get another deep dip first. Only God knows. Now we pray.