Only 1 Futures Daytrade per day: $200-$1,000 profit goal per day

Quote from jonbig04:

Interesting journal, Increase. Just started one myself. Fun stuff.
yea...I've really learned a lot from the people at ET...it is also good to talk to people doing the same stuff...go for it jonbig04!!...what are you trading?isn't it futures?
 
Quote from eagle:

NYSE stocks, I'm not smart enough for the fast moving NASD stocks. :D
hmmm..interesting...so you daytrade NYSE stocks...I would imagine that takes a HUGE amount of $$$ Cash-O-la...do you trade futures?..ever trade futures?...like to trade futures????why stocks only???
 
Quote from increasenow:

yea...I've really learned a lot from the people at ET...it is also good to talk to people doing the same stuff...go for it jonbig04!!...what are you trading?isn't it futures?

Word. NQ.
 
Increasenow.

You seem reluctant to share your method. Is this because you are afraid someone will steal it or is it because you don’t really have one that you can define?

If it’s a viable method it should be working which doesn’t seem to be the case. If it’s not then possibly the members of this forum might be able to assist you in adjusting it so that it might work.

Entirely your decision.
 
Quote from increasenow:

Brocklanders...this is EXACTLY correct...as I stated before, being totally honest...every trade has been in the right direction...it is as you said, seeing that p&l starting to turn "red (-)" temporalrily that gets me concerned of it running for the long haul in the opposite direction..I'm getting a good pulse of the price action and if a market is getting weak or strong and trading in that direction...it is just those slight "temporary spikes" in the opposite direction that have been getting me to "trade out" too quick...yea, exactly, it seems to be all about staying in a trade longer, longer, longer...thanks again
no one picks tops and bottoms and entries so well that the trade never goes against them ,95% of your trades are going to go against you at the beginning,you sell 1256.25 ,it goes to 1257,5 and then if your right it'll go back down,whatever your trading ,pick a couple of 2 minute or 5 minute timeframes or 30, and see the hi-lo range,cut that in half and that avg is how much that trade could move against you and still come back in your favor,these avgs will grow and shrink with the volatility of the vehicle your trading,but be willing to lose that much and just a little more for a stop,this will keep you from jumping out and will keep you from jumping in unless you feel its a really smart setup
 
Quote from deaddog:

Increasenow.

You seem reluctant to share your method. Is this because you are afraid someone will steal it or is it because you don’t really have one that you can define?

If it’s a viable method it should be working which doesn’t seem to be the case. If it’s not then possibly the members of this forum might be able to assist you in adjusting it so that it might work.

Entirely your decision.
not really a "concrete method" in the sense of all must line up to take a trade...right now...want to get to that point...for right now, I trade heavily off of signs of weakness or strengths in a market and follow the flow...wait for mild retraces/pullbacks from initial trend and then continuations in the big trend...also view intraday support and resistance..thanks!
 
Quote from The Swordsman:

You need to rename this thread, so far you have shown little discipline to follow the "Only 1 daytrader per day" part of your approach.
I agree...how would I change the name of this thread?...who do I ask or request this of?...by "private message" or?...If the monitor is reading...please private message me to change the name of the thread of maybe Swordsman nows?...ya, agree...the name needs to be changed...
 
Quote from ammo:

no one picks tops and bottoms and entries so well that the trade never goes against them ,95% of your trades are going to go against you at the beginning,you sell 1256.25 ,it goes to 1257,5 and then if your right it'll go back down,whatever your trading ,pick a couple of 2 minute or 5 minute timeframes or 30, and see the hi-lo range,cut that in half and that avg is how much that trade could move against you and still come back in your favor,these avgs will grow and shrink with the volatility of the vehicle your trading,but be willing to lose that much and just a little more for a stop,this will keep you from jumping out and will keep you from jumping in unless you feel its a really smart setup
thanks a lot!...very insightful and helpful...thanks
 
to the MONITOR: an official request to you...I want to change the name of this thread...please private message me to let me know how to do this...thanks, IncreaseNow
 
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