NQ is on fire!!!
- Thread starter Jdesey
- Start date
lol..I hear ya!
So if you close a hugely profitable trade of many points, and the panties drop, are you then going to be "profiting on the love handles"?
*hides*
How did you do in Emini NQ or Crude CL futures the past 5 trading days ?
Edit: The past several trading days via your own posts here at ET...you've been trading Crude CL futures. Just before that, you announced that Crude CL futures had better price movement than both NQ and ES.
Therefore, here's the question...what prompted you to switch back today from Crude CL futures to Emini NQ futures considering that's incredible timing to do the switch today instead of some recent other trading day ???
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Don't you know? He's the expert trader in the house!!!
I do hope he realizes that he just got lucky. I say this because his long trade was essentially just below the previous day high. Of course it can break, and it does all the time, but often that break is also followed by a deep retracement. Also, we have to consider that he was going long after already a 20 point move higher, when the daily range is on the low side, so lucky once again that it just kept going.
Of course trading is very much luck, but given how this kid is all over the place, chasing volatility like a trigger happy cop pulling over black guys with broken lights, I'm waiting for the updates of when it backfires. I predict that he he will start a thread asking about how bonds move, asking if anyone is trading the bonds, asking if they like that they move slower, etc.
Don't get me wrong though @Jdesey , I'm not trying to pick on you, cause I've done plenty of that and you always comes around and try to back your shit up, but its just the way you sound is like a happy schoolgirl trying to sell lemonade and excited that you made $5 for the afternoon.
I highly doubt that you can have a winning system for the CL and be able to flip back and forth between it and the NQ. The volatility in the CL might very well kill you, but you just got lucky with a few trades. You're experiencing perhaps good conditions for the past several days for the types of trades you took, but this will end.
The way you chase volatility as if there isn't enough money to be made with what you are looking at is the killer. Instead of focusing on being the expert in one market, you're jumping around. If you were an expert, you would either accept the smaller profits, or not trade, or buy more contracts to make up for the fact that the ranges are smaller. But you literally jump from ES, to NQ, to CL, and then back. I mean how long did you really work on your CL system before trading it live? Just 2 months ago you're asking about how trading the NQ is even though you said you traded it before and now you're gloating about making 30 points in one trade. Geeezzzz.
I highly doubt that you can have a winning system for the CL and be able to flip back and forth between it and the NQ. The volatility in the CL might very well kill you, but you just got lucky with a few trades. You're experiencing perhaps good conditions for the past several days for the types of trades you took, but this will end.
The way you chase volatility as if there isn't enough money to be made with what you are looking at is the killer. Instead of focusing on being the expert in one market, you're jumping around. If you were an expert, you would either accept the smaller profits, or not trade, or buy more contracts to make up for the fact that the ranges are smaller. But you literally jump from ES, to NQ, to CL, and then back. I mean how long did you really work on your CL system before trading it live? Just 2 months ago you're asking about how trading the NQ is even though you said you traded it before and now you're gloating about making 30 points in one trade. Geeezzzz.
Well guys are very good questions. What prompted me was looking at yesterday's into chart and the signals I would've taken.
Yes I had a good day with crude but would've had a better day with NQ.
My plan was to take trades on either side depending on what was going on today.
It just turned out that was no opportunity on the Crude contract for me today and I had such great NQ today.
And just to further complicate my brain ES was great today as well. But I really think I'm done with the ES
Maybe I'm just getting a good feel for things or realizing like to look at. Or maybe just dumb ass luck.
Yes I had a good day with crude but would've had a better day with NQ.
My plan was to take trades on either side depending on what was going on today.
It just turned out that was no opportunity on the Crude contract for me today and I had such great NQ today.
And just to further complicate my brain ES was great today as well. But I really think I'm done with the ES
Maybe I'm just getting a good feel for things or realizing like to look at. Or maybe just dumb ass luck.
I'm curious if this implies you have up on your screen at the same time...charts of Crude CL futures and Emini NQ futures.
1) You're looking at the prior trading day before today's Open to determine which you will trade for the day.
2) You keep both charts up and trade which ever gives a trade signal.
3) If 2)...do you stick with the trading instrument all day after you've begun trading it for the day ?
4) Which do you trade for today if "both" did well yesterday or both did poorly yesterday via your trade signals ?
I'm asking because it seems odd that you're using only the prior trading day to determine what you should be trading today considering you've backtested Crude CL, Emini NQ and Emini ES futures to get that answer about which is better to trade.
Therefore, if you already had your answer via backtest that prompted you to switch from Emini NQ futures to Crude CL futures...
Why did you decide today to only use one trading day (yesterday's results) to determine which one to trade for the following trading day...essentially ignoring your backtest results ???
That's why some may say you're lucky because you've gotten away with it (so far)...ignoring your backtest results to only look at yesterday trading day alone to determine which to trade for the current trading day.
Very few can bounce around like that and still be successful while ignoring their backtest results.
Congrats.
I do your #2. Keep both up and trade whatever gives my signals.
And I'm hitting Crude at 530 am pst if there's a trade. I won't enter a NQ trade before 630 pst.cutoff for Crude 1130 am pst. Cutoff for me NQ 1pm pst.
Don't over think this. I just hit whatever is giving an entry.
My idea is that equities and Crude don't move together. So if CL is dead that for the day then maybe one of the indexes is firing off. Just like today. Or some days recently CL was good and NQ choppy
Technically I should be watching ES as well and look for opportunities.
And I'm hitting Crude at 530 am pst if there's a trade. I won't enter a NQ trade before 630 pst.cutoff for Crude 1130 am pst. Cutoff for me NQ 1pm pst.
Don't over think this. I just hit whatever is giving an entry.
My idea is that equities and Crude don't move together. So if CL is dead that for the day then maybe one of the indexes is firing off. Just like today. Or some days recently CL was good and NQ choppy
Technically I should be watching ES as well and look for opportunities.
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