New guys, now is not the time
- Thread starter Dustin
- Start date
Quote from failed_trad3r:
most days there is a minimum movement of 10 ES points, why are you guys calling that low volatility?
this week the range is already up to 20 points.
doesn't look like low volatility at all
You are looking at the indexes. I trade stocks which have been in a low volume, low volatility mode for some time now.
I trade any stocks that are volatile each day. Breakouts, reversions, news etc.
Try spy, qqqq, dia or fas and faz if you want to get brave.
Trading the ES is where its at right now. Can you say chachinggggg !!! Just stick with the 10-15 timeframe and watch for economic data early mornings for a preview of where the market is headed.
Its like stealing candy from a baby. Wahhhhh! Wahhhh!
Those of you trading stocks with lethargic volume, and weak trend movement deserve to have your asses handed to you.
Which will get you down the to finish line these last few weeks with more force?
- the field stream( weak moving stocks as of late )
- or the Mississipi River(the ES )
Wake up ppl !!!
Its like stealing candy from a baby. Wahhhhh! Wahhhh!
Those of you trading stocks with lethargic volume, and weak trend movement deserve to have your asses handed to you.
Which will get you down the to finish line these last few weeks with more force?
- the field stream( weak moving stocks as of late )
- or the Mississipi River(the ES )
Wake up ppl !!!
You were spoilt for fun last year, like we all were !... I took May to August off.. returning in between for a couple of days a month, deciding it was a dead zone and returning to holiday mode. Just have to grind this out, we were due some doldrums after last years stellar firework show. I chose to bask in last years profits for most of this year.
Last two weeks have been more insteresting, but i expect dull liveless ranges nearer and into December, and then we have the New year.
Best
this is a great thread and I am glad it was posted, I was long going into yesterday but was underwater because I entered the trade too early even yesterdays huge run up did not give me a reasonable profit so i held and was in denial even though i know the down pressure is still there. i am about to be stopped out of a trade I was flat on this morning.....a truly frustrating environment.
Yeah, ES is one tough mother to trade, but if you want to get to the truly elite level, mastery of the ES is a necessity because of the scalability thats available. IMO.