Just when you get comfortable with her.... PMS kicks in and nothing makes her happy. LOL! Nice job today.

Plan the Trade

When you look at volume on the 1000 tick chart you will see that it averages around 1250 contracts during a 1000 tick candle. That means that a big chunk of the transactions are 1 contract. There are the occasional outliers but it's relatively ...

Plan the Trade

I actually know people who trade with an 89 tick chart. If you want to see a chart fly, try the 89 tick chart at market open. LOL! A blur of candles. Too fast for my taste. The number of ticks people use is mostly personal preference. The same ...

Plan the Trade

Friday's for me are grab and go. I target 80 ticks but if I have a profitable trade that doesn't quite make it I will still stop for the day. No need to push it on Fridays since they can be fun or frightening in my opinion. I only take what I ...

Plan the Trade

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Plan the Trade

Tropical Storm Michael passing through woke me up so I checked the markets. Trade careful today. Wild swings in price along with big volume. In the last 2 hours it has swung up 400+ ticks and then back down about 150. I am staying out until this ...

Plan the Trade

It stops for 15 minutes every day from 315 pm central time US until 330. It then reopens from 330 to 400 where it shuts down for the day. Reopens at 5 central time. It's weird but it is how the CME operates.

Plan the Trade

Trading NQ you have to get comfortable catching a falling knife. She will get on a trend and if you try to fight it she will take your money and smile while doing it. Look for ways to join it. And, when it is trending as strong as it is today, widen ...

Plan the Trade

If it isn't your only source of income then what you do with your time is your business so long as it doesn't negatively impact the family. Where people get into trouble is when they are using money that they cannot afford to lose. Then the pressure ...

The Loneliness of the Long Distance Trader

Why do you have to justify it to anyone? When most people would rather plop down on the couch and play Madden or FortNite or completely veg out and watch Netflix learning a new skill that can end up creating financial freedom requires no ...

The Loneliness of the Long Distance Trader

Some things to consider: 1. Find out exactly when whichever broker you choose considers "intraday margin" to be in effect. For me and the account I have it runs from 6 pm eastern time US until 415 pm the next day. Between 415 pm and 600 pm is when ...

(binned per thread starter’s request) Give me your money

A quick search of YouTube will find a bunch of people who make more from teaching than from trading. Not sure if they have made a million. Many of the ones showing big profits are showing you their sim accounts, some have actually been dumb enough ...

(binned per thread starter’s request) So who has made a million t

I just discovered range bars a few days ago. Discovered them playing around with NinjaTrader (it's built in). I have been watching them live this week. So far I like what I see and plan on trading it live starting in the morning. Hopefully we can ...

The power of range bars

When you think about how far something as simple as a cell phone has come in the last 8-10 years the possibility of a computer outsmarting a trader is very likely. Combine the massive computing capability of a quantum computer with things like voice ...

The future effect of banks using AI software

Not here but I am logging into their NinjaTrader server. They may be doing maintenance on their regular servers.

EURUSD only

Scalpers paradise this morning. Get in, Get out before she changes her mind again. LOL!

EURUSD only

Trading is easy. It is simple logic. Doesn't matter if it is technical analysis or fundamental analysis. Either way it boils down to simple logic. The biggest problem is that we are not Vulcan's. Our emotions get the best of us. Fear, greed, anger, ...

Giving up?

I have dual Dell U3415W 4k monitors. The wide format allows me to spread things out without getting too big.

PC monitors that display more data on charts?