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Trading the Micro Contracts
Updated January 13, 2023
Trading the Micro Contracts
September 1st, 2022, 12:24 PM
Marco Island, FL
Legendary Market Wizard
Experience: Beginner
Platform: Sierra Chart
Broker: AMP Global
Trading: MCL MES
Frequency: Several times daily
Duration: Minutes
Posts: 792 since Jul 2022
Thanks Given: 877
Thanks Received: 916
Mik618
You show me yours and I'll show you mine:
I guess your talking about posting charts? Sorry I don't use charts. All I use is the DOM and an excel spreadsheet.
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
September 1st, 2022, 12:27 PM
Poteau, OK
Experience: Intermediate
Platform: ToS, IB
Broker: Rithmic
Trading: SPY/QQQ options/MES, MNQ
Posts: 39 since Feb 2022
Thanks Given: 34
Thanks Received: 30
Sorry, maybe that was someone else's chart?
September 1st, 2022, 01:46 PM
Marco Island, FL
Legendary Market Wizard
Experience: Beginner
Platform: Sierra Chart
Broker: AMP Global
Trading: MCL MES
Frequency: Several times daily
Duration: Minutes
Posts: 792 since Jul 2022
Thanks Given: 877
Thanks Received: 916
Alright, so I got my monthly statement for August:
Loss without commissions: -$205.25
Commissions: -$367.08
Exchange fees: -$203.64
Total contracts traded: 604
I will work on getting my win rate .
September 1st, 2022, 03:06 PM
San Francisco , CA
Posts: 23 since Aug 2022
Thanks Given: 21
Thanks Received: 10
blackgrey45
I guess your talking about posting charts? Sorry I don't use charts. All I use is the
DOM and an excel spreadsheet.
Real men only use the DOM.................at least thats what my grandpa told me .
September 1st, 2022, 03:35 PM
Marco Island, FL
Legendary Market Wizard
Experience: Beginner
Platform: Sierra Chart
Broker: AMP Global
Trading: MCL MES
Frequency: Several times daily
Duration: Minutes
Posts: 792 since Jul 2022
Thanks Given: 877
Thanks Received: 916
Alright, day two of my new strategy. Traded all MES contracts .
September 2nd, 2022, 08:25 AM
Marco Island, FL
Legendary Market Wizard
Experience: Beginner
Platform: Sierra Chart
Broker: AMP Global
Trading: MCL MES
Frequency: Several times daily
Duration: Minutes
Posts: 792 since Jul 2022
Thanks Given: 877
Thanks Received: 916
Euro fx futures below the pivotal 1.0000 level. I think it could trade 0.9800.
September 2nd, 2022, 03:59 PM
Marco Island, FL
Legendary Market Wizard
Experience: Beginner
Platform: Sierra Chart
Broker: AMP Global
Trading: MCL MES
Frequency: Several times daily
Duration: Minutes
Posts: 792 since Jul 2022
Thanks Given: 877
Thanks Received: 916
Held onto a losing trade way to long and lost some money. Try harder next time I guess.
September 5th, 2022, 03:40 PM
Marco Island, FL
Legendary Market Wizard
Experience: Beginner
Platform: Sierra Chart
Broker: AMP Global
Trading: MCL MES
Frequency: Several times daily
Duration: Minutes
Posts: 792 since Jul 2022
Thanks Given: 877
Thanks Received: 916
The basics of what I know and/or believe today:
1)There is a 50% chance that the market will go up/down at any given moment (I know some of you will disagree).
2)I can save one tick by using a limit order instead of a market order to enter and exit a trade.
3)My trading will be focused on losses.
4)I will work to answer the question: How much pain(losses) am I willing to take on each trade?
There you go, those are my thoughts this weekend.
September 6th, 2022, 12:39 PM
Marco Island, FL
Legendary Market Wizard
Experience: Beginner
Platform: Sierra Chart
Broker: AMP Global
Trading: MCL MES
Frequency: Several times daily
Duration: Minutes
Posts: 792 since Jul 2022
Thanks Given: 877
Thanks Received: 916
Today's focus:
1) Buying lows and selling highs
2)Learning how to deal with losses
September 6th, 2022, 04:12 PM
Marco Island, FL
Legendary Market Wizard
Experience: Beginner
Platform: Sierra Chart
Broker: AMP Global
Trading: MCL MES
Frequency: Several times daily
Duration: Minutes
Posts: 792 since Jul 2022
Thanks Given: 877
Thanks Received: 916
Last Updated on January 13, 2023