spetscom 

Helping set up the cafe this week. We got all of our big equipment in and I’ve got to test tons of shots of espresso. I’m still checking in on the markets when I can. Hope you all have a good week Sent using the nexusfi.com mobile app

After 15th "test" espresso:

TradingOgre 

After 15th "test" espresso:

yeah basically.


Sent using the nexusfi.com mobile app

I took a trade today on my live account. My intuition just gave me such a powerful feeling that I couldn't justify just placing it on SIM. I managed to take about 14 ticks of profit. I planned on taking more but the NQ shot upwards so quickly that I got filled before I could even move it but hey, I'll take $70 in 3 minutes any day

I am a short-biased trader. I came from shorting NASDAQ small caps that were garbage companies, and so I tend to always look for a short trade, not necessarily a good thing. But I know when I get the feeling to go long, I should probably take it, since I much prefer being short.

Don't think I will be participating in this morning session I admire those that can trade this crazy action. I actually tried to get short this morning at 7274 right before the open but didn't get a fill I'm gonna check back in around 11:00 to see if the action is still at this pace.

I notice when the market is this volatile, the pre-market session (is that what you guys call it in futures? That's what we always called it in stocks) is actually pretty clean and has decent volume. I notice that most of my trades are occurring before the market even opens.

So far today was a pretty good day. I had trouble getting to sleep last night, I was testing espresso till 10PM. I still got up on time though, which is honestly a big feat for me.

Do you guys trade this action? If so, what kind of methods do you use?


-Cade

It is 8:55 AM as I write this. I have already traded for the day. I managed to take 21 ticks short on the NQ. That is a big step up for me honestly. I opened my futures account back in August and I lost money consistently for awhile even while employing proper risk management and minimizing bad practices.

This past week I finally feel like I started getting the hang of things. I have won two days in a row, but that's no big deal. But these past two winning days I have been a totally different trader. I have been patient, waiting for a proper play to reveal itself, and then when I see it, I am aggressive and do not hesitate to put on my position.

I have noticed some issues I have to work on, and that is letting my profits run. I managed to take the entirety of this pullback, but still. I want the winners to be big enough to pay for the losers. I feel like if I could put 2 contracts or more on it would help with that because of taking partial profits.