Trading is waiting for setups and pull trigger with risk mgmt when price is near setups. This waiting is very boring but don’t do anything before or after that. You will regret immediately if you pull trigger far away from the setups.
#ES_F
There is no crash or rip, so stop dreaming about crash or bull market. This is just trader's market. Sell the rips and buy the dips. Make money both ways until FOMC. Just follow
@eliant_capital
and
@AlessioUrban
to find out call/put walls and you should be good.
#ES_F
if you keep holding your position without scaling out at pivotal points you might turn GREEN trade into RED. That’s worst feeling to have. Always scale out ur profits. There will be another opportunity, trust me. Stay in the game. Market will be open for business tomorrow.
Good Morning traders,
#ES_F
As a day trader, I give two hoots about recession, soft landing, hard landing and you should to.
Your job is to make that next 20 handles/pts/100 tics. You will be getting next 100 automatically if you are in 20 handle trade.
Stop figuring out
Fear in trading is most likely result of your position size. Big Position size is generally result of revenge trading to recover past losses. Fear of losing and greed to make back will make you impatient and transfer your wealth to patient traders. Remember this game is zero sum.
I only focus on next 20/50 points. If you focus on that you might get lucky and left with runner that with 100 pts. But if you focus on next 200/400 points, its really hard to predict & won't be in straight line most of the time.
#ES_F
. Trust me even those predict won't be in it.
Alright I am either shit posting now here or not posting. This place is dead. No love no new followers. Either lot of ppl were bullish when they took that 3900 over and now silent, while I was bearish from 4140. Free lunches are over. Santa is bringing 3700. Buckle up.
#ES_F
#SPX
If you develop a process with -2 or -4 stop, you can make $. Its not about being right but extracting good points when you are right with good scale out strategy. If you take first 2 out at +8,3rd at +12 & put trailing stop on 4th at +16 , its +12 avg on trade that works.
#ES_F
Don't set goals as how much you want to make. That's not realistic and not in your hand. You don't control market. What you control is a process. Set goals to follow a process. -2 or -4 stop and how to scale out of your positions. Work on process and follow it consistently.
Good Morning, Only 22 likes for such a great levels? What's wrong with ppl. Show some love. See how 65 has worked like charm as bull bear. Would appreciate retweet and likes.
#ES_F
and
#SPX
Hardest part in trading is managing risk, or next thing you know is account blown up. Second hardest part is let runner work for you. Its all math's. Don't add to runner's and don't add to losers. Both ends up in teary eyes.
If you develop a process with -2 or -4 stop, you can make $. Its not about being right but extracting good points when you are right with good scale out strategy. If you take first 2 out at +8,3rd at +12 & put trailing stop on 4th at +16 , its +12 avg on trade that works.
#ES_F
If you have limited capital, Focus and follow one instrument. For day trading, diversification is not something you can afford as your time, capital is limited. I only focus on
#ES_F
for a reason. I don't follow too many folks that's also detrimental.
Don’t trade every trade set up every one is giving to you. You know your mind set, account and situation. Trade with clear mind. Walk away if you made your day or when you start giving back. Or you hit your loss limit. Size down once you had great day to keep it great.
If we can stay below this next stop is 3850. If not I am wrong and will not delete this post like others. As i fucking don’t care where market goes. I just bank coin and will flip in seconds .
Do you know day traders that change their day trade to swing trade when it does not go in their favor? if you know them then run away from them. Coz not every one has that much dry powder to keep trade forever. Have a defined stop before you enter trade.
Don't trade every move. Wait for price come to your setup. Once price is near setup, watch it like a hawk. If it goes in other direction, keep waiting, if it comes back in your direction of trade, execute with your SL/Profit targets.
#ES_F
,
#SPX
Setups are very important. Stick to your playbook.
#ES_F
. Traded both sides move down after 8:30 news and move up after ISM. Wait for setups. Enter trade when you are near setup. Requires lot of practice but once you perfect it, you will focus on method than profit.
Good Morning, You have to risk -2 or -4 to get that +12. There is no other way around it so be ready for draw down. No one has got any crystal ball.
#ES_F
.
If you develop a process with -2 or -4 stop, you can make $. Its not about being right but extracting good points when you are right with good scale out strategy. If you take first 2 out at +8,3rd at +12 & put trailing stop on 4th at +16 , its +12 avg on trade that works.
#ES_F
If you didn’t make your day in first two three trades and worst lost 1% of your account then don’t try to make with size on in afternoon chop. You will make 1% loss day in 10% loss day. Accept minor loss just shut n Walk away. Trade with clear mind. Trust me market will be there
Good weekend every one. Date with 3965 is not over.
#ES_F
March contract is right there now.
Few nice trades today morning alerted on twitter audio, telegram + twitter after PPI. First Short then long the some shorts after open. Identified chop area & stayed away most afternoon.
#ES_F
I gave this free sub stack with bearish bias below 4080 & also gave short below 4112 with possibly looking for 3965 or lower. Since I posted below I feel I m being disliked as follower count is pinned to 3880. As if its sign that we are heading to
#ES_F
3880😆 Boost pl.🙏
Don't get troubled by small losses. That's part of the game. But don't let your losses get out of hand by hanging on to a losing position. Hang on to runners and not losers.
#ES_F
#SPX
If you develop a process with -2 or -4 stop, you can make $. Its not about being right but extracting good points when you are right with good scale out strategy. If you take first 2 out at +8,3rd at +12 & put trailing stop on 4th at +16 , its +12 avg on trade that works.
#ES_F
Don’t execute a trade coz you got 2 hours available for screen time & you missed a setup earlier. Use those 2 hours to patiently wait for your setup. If nothing materializes you still got paid by not executing crappy setup and regret that follows. Market doesn’t work on your
@eliant_capital
One of my friend's friend had delivery scheduled and he could not take it as he was out of town. They called him up and threatened that if he does not take delivery his order will be cancelled. as soon as he said that's okay they said its okay we can wait. lol. situation is bad.
Thank you all for following me in year 2022. Many thanks to those who motivated me. Great year with 100's of daily points. Look forward to same in 2023.
Happy new year and love you all. Peace. Cheers.!
Good Morning.
#ES_F
,
#SPX
levels 🔥 at 7 pm in private, giving rest of you now so you can use during RTH. 08/12 as bull bear given free. Retweet and share. Why I am stuck at 4100 followers? While some crap poster is getting 34.3K? I probably should start posting shit 😂
Don't read into all the plans too much, it may blindside you and form a bias. Trade what you see. Its very easy to say my plan worked after the fact. Executing plan is difficult in real time. Good weekend
This is overnight setup if any one wants to take it. Put alerts and sleep. No shorts above 22. Flip if stays above 22, If this works give likes. If not I will delete. Remember short against 76 worked like charm and was given first here too. But things always don't repeat.
If you want straight forward setups rather than bunch of blabbering on Discord boasting about their trades that worked. Then join me. I don't have four ppl talking four different things but serious work.
#ES_F
My trade execution time is few minutes a day but my screen time is almost 7-8 hours or more. I don’t trade every move up & down. As that’s strategy for disaster. I only trade my setups
#ES_F
Trading is not about being right, but being agile.
=> Being agile in trading does not mean you trade all the time, you wait for that right moment and pull the trigger.
=> Once you pull the trigger does not mean you will be right, this is still the game of probability, hence the
Casino has introduced new pattern on game of Roulette last few sessions. 😆
Move 20 points in night sessions and park in 10 point range from RTH open for four hours and then make a power hour move before RTH close.
#ES_F
Gave cheat code only here. Now stop following ppl who
Four S's for trading.
Size - Small Size is most important
Setup - Enter only at the setup price you want, wait otherwise or screw it as there will be another one.
Stop loss - Get out with loss, don't fight and never average.
Scale out - Scale out so you don't turn a green trade
Short at open, Long afterwards and then short. Flip your bias based on price action/order flow what ever you are following or you will get slaughtered in day trading. That's real time execution.
If you develop a process with -2 or -4 stop, you can make $. Its not about being right but extracting good points when you are right with good scale out strategy. If you take first 2 out at +8,3rd at +12 & put trailing stop on 4th at +16 , its +12 avg on trade that works.
#ES_F
Every new joiner I tell them few things.
#ES_F
Go Slow, Use SIM or MES or Funded accounts until you understand things.
Market will be open for business whether you are here or not or have fund to trade or not, it has been since 100's of years.
So "Go Slow and size low"
If we hold 3900 put wall, can see them retracing this up a bit, hard to get insanely bearish at a put wall… and if you weren’t bearish at 4000, I don’t think 3900 is the time to get insanely bearish… best to wait for a break of 3890 imho
Good morning traders,
We continue to grind between 72 and 16 on bigger picture. Yesterday we were long against 40 to run up +40 points. Today we are short against 46. Let's see how day plays out.
@SJosephBurns
Impatience.
It may mean lot of things but few important ones
don’t fight price , be ready to flip +
stick to stop loss, go break even once in profit, scale out of profit by using ATM strategies +
size small +
limit # of trades/day +
wait for next setup if you had stopped out
When you get qualified for 50K Apex account, you are really qualified for $2500 account as that's all you can lose, once you lose that amount your account is liquidated. so divide that $2500 by 40 consecutive losing trades and come up with size for the instrument you trade. And
Size low & go slow.
Size Low:
1. You should be able to withstand 30+ consecutive losses with your SL & not sweat when trading.
2. Focus on # of instruments that you can handle. I focus on one, but don’t do too many things at ones.
Slow:
1. Trade less. specifically when it’s
I don't endorse any views. I just post it. Remember I flip on a dime. I am no bear or bull. I don't care if I am right or wrong. I just want to be on right side of the trade. Just trade what you see and not what you think.
Best way to practice trading is trading using sim or apex accounts. What you need is mentor that flips his bias on a dime and has no ego of being right or wrong, follows proper risk mgmt and scale out profit.
How do you take emotions out of the trading futures?
1. Size small enough that your apex account with 2.5K trailing stop can last 25 consecutive stop losses
2. Have an Automatic Trade Strategy with SL, Scale out and Break even in place.
Good Morning, Might not do much till FOMC. We had long setup in the morning and its working. Levels to watch for
#ES_F
4007->4026 (Major)-> 4040->4060->4080
We had usual day again in FT land , that is extracted enough points for whole week . Only we do here is trade mechanically with proper risk mgmt and of course alpha setups unlike calling tops and bottoms as TAE and other furu's do which does not do any good to any one. . Good
Just like you practice your other games tennis, golf or what ever you play. Why ppl think sim trading is bad. Pro or beginners, all should use sim or micros when they want to test out new strategies.
#ES_F
#ES_F
#SPX
has been in moving from 80 point chop to 20 point chop & then again 60 point chop. Don't get married to either bull or bear side. Trade less. Try to be in 20 point or 80 point chop. Avoid 10 point chop areas. Unless you are scalping with 200 lots. 😅
Don't wait for others to take the trade. Wait for setup price. Take a shot on right side of the V or inverse V with stop loss. If you take -2 or -4 its fine. Atleast you took shot at the right price and time. Method is important.
A member withdrew decent from funded account. For privacy I have removed unnecessary information. Congratulations to him. Use this as motivation then anything else. Good luck all.
#ES_F
Higher TF picture. This is the box we are in. Until they figure out this box, safe bet is stay out or stay short against the upper end of the box. I won't bet on break out until it does.
#ES_F
There will be plenty of time to get on other side. I day trade on shorter time
Same setup worked today. Follow me to free alpha here. Short from 22's in the room And doubled dipped too, still in runners.
#ES_F
. Would love share and likes to keep going.
Good morning fellows, This was given both in sub stack/telegram yesterday night. Some folks made 100's of points overnight hours just playing long 12 and short 20/22. Can't get any better than that.
#ES_F
.
As I reflect last few days I have provided the script and market followed. And one for FOMC day provided night before FOMC takes away the award. Just amazed at myself.
#ES_F
. 😎
#ES_F
This globex trade. It was just amazing.
Levels provided at night. Acted on early morning. Of course not all trades are easy but this was epic printing 60 pts on 4 lots.
Apex SAVE80 is back. Highly recommend funded trading as a best options for both beginners and pro. If you win 80% is yours and if you loose your loss is limited to monthly fees. And 80% discount this can't get any better.
Trading is like any other business. Some days or trades will pay huge and some are "meh". No one knows which ones are going to be which. So scale out and play with discipline.
#ES_F
Good morning,
Don’t try to long or short every level out there. There are only few Good setups every day. Either you pull trigger when you are near “Setup” or miss it and stay on side lines. Don’t trade after you miss setup to prove yourself, you will regret it next minute. You
Good weekend fellows. We stayed long since overnight session and into RTH session. Three clean setups to long and we let it work. There was no short anywhere today.
#ES_F
.
So if a trader you are following is doing following then run away rn.
Long 3920 with small position.
Trim most here at +10
Trim more at +20
Trim more at +26
Trim more at +40
How long he can keep trimming, freaking small position. Must be really big position.
Here are two of the gains posted in room for what you can get out of market if you grind, be patient and don't chase. One of them is just insane and it was not a room trade, it was his own trade but point is the guy trades with very good risk management and had two stop losses in
Suddenly every one's levels have started working 😍. Day 14 of Wedge.
#ES_F
. All services that just gives out plan are out of work now as its freaking same plan every day.
Fed has started new sub service and its free and working better than any other paid services out there. Printing $$$. They issued single alert 13 days back and its still working. Alert is Buy 3820's and sell 3880's. 😂. Shit post
#3
.
#ES_F
and
#SPX
Stops & Break Even - V important in trading.
Two -2's in OVN, started negative today. Long at 3979 in RTH, took two out at +6, 3rd at +10,runer at +30. Simple Math
4*-2+4*-2+2*6+1*10+1*30
= -8-8+12+10+30=46.
Did n't even count pts made rest of the day. Its just Math.
#ES_F
#SPY
If you develop a process with -2 or -4 stop, you can make $. Its not about being right but extracting good points when you are right with good scale out strategy. If you take first 2 out at +8,3rd at +12 & put trailing stop on 4th at +16 , its +12 avg on trade that works.
#ES_F