Trade the US Index Micro Futures. In my opinion, much better movement than currencies, plus an inherent bias in the market's direction. Have to be willing to risk $0.50 per tick though.

The real Basics - how to start and how avoid the traps

Well the minimum is the real target, I just prefer to exceed it when possible, so I'm fine with taking it when its the best I can do as it was today. As for your 'interaction', good luck!

Intraday Trading the US Index Futures

Well was not a pretty session for me. Had the bare minimum daily goal after the second trade, but decided to keep going and traded BEs and losses. Then got back to the bare minimum and am calling it a day as I have other things I need to take care ...

Intraday Trading the US Index Futures

Michael may say different, but I think at first, don't worry about profit and loss and any potential taxation; it will likely be awhile before that becomes an issue. When you do start actually trading, forex will allow you to risk the least possible ...

The real Basics - how to start and how avoid the traps

Thank you, its perhaps not everyone's biggest issue, but it was mine.

Intraday Trading the US Index Futures

Correct, that top was the overnight high. I trailed a bit too aggressively, but sometimes those pop through, other times they stop just before.

Intraday Trading the US Index Futures

You probably need a way to enter and exit that has an expectation of profitability too But I completely agree; the mental game is a big challenge. For example, many cannot accept being wrong. This results in moving stops, adding to losing ...

Intraday Trading the US Index Futures

Sh** happens as they say. I keep a mistake tracker with various categories. I think I mentioned this before, but for awhile, my sole goal was to simply eliminate mistakes. I didn't care if I didn't make money, I just wanted to stop making mistakes. ...

Intraday Trading the US Index Futures

So far, here are the trades: -20 / +60 / +2. Surpassed daily goal, so will cautiously trade going forward (if at all).

Intraday Trading the US Index Futures

On the MNQ I use 233 tick chart as the primary trading chart. I have found a ratio of about 2.4:1 on the NQ vs. MNQ so a comparable chart on the NQ is roughly 560 (it varies by day and of course isn't exact). The fib lines is a carryover from my ...

Intraday Trading the US Index Futures

You around today David?

Intraday Trading the US Index Futures

One of my favorite setups here resulted in the daily goal. Trend is up strong, so skipped any shorts, waited for the last micro swing high to break, then trade a pullback on to new highs. Very similar to the example over in the other thread i posted ...

Intraday Trading the US Index Futures

Do you work for this company?

Intraday Trading the US Index Futures

Yes, trading when cash indexes are closed is something I avoid, but very nice charts -

Intraday Trading the US Index Futures

Thank you, and yes, the final hour of the day and especially the final hour of the week seem to generally have some good movement.

Intraday Trading the US Index Futures

Well the final hour did not disappoint. +36 / +2 / +49. Finished strong. Excellent year still intact -

Intraday Trading the US Index Futures

Well I'm back, but it seems no one else is around, slow market, we'll see what happens in the final hour of the week.

Intraday Trading the US Index Futures

That's the way it goes somedays - small loss, small win, small loss, small win, small loss, BIG WIN.

Intraday Trading the US Index Futures

Well that might be it for me this morning, so will probably come back for the after lunch session. So far: -21 / -24 / -22 / +3 / +2 / +13 / +50 for a grand total of 1 tick.

Intraday Trading the US Index Futures

So far: image image

Intraday Trading the US Index Futures