Quote:
Originally Posted by Ulic Qel-Droma
ES, was like usually 2-4 points here or there, or if i'm lazy just that. sometimes i'd get up to 26 points.
I liked CL cuz it would take some real work to get 26 points in ES, but on CL it would happen quite often. I'd play ES till 1pm, after CL closed around 11am pst.
i was scalping/day trading. trades were like seconds to several hours. usually just minutes, like 15-40minutes on average?
market profiles? just looked it up... nah don't have any experience. I purely used technical analysis, and watched for important dates like reports etc.
I stopped trading cuz I lost control and didn't follow my trading rules, and just started to gamble lol. I haven't traded since then. I wanna start trading again soonish, probably no more day trading. it's too stressful, too glued to the screen 24/7. I'll probably swing trade, look at the bigger charts, catch the bigger swings.
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is this real life?
26 points and you stopped?!?!?!?!?!?
with the liquidity available in ES you can be trading 100+ contracts
100 contracts x 26 points = 130g ........ 10 contracts 13g a day.
even if you were only getting 2-4 points thats still 10-20g a day with a large enough account. small account still has you in around 1-2g's a day. Roll out of bed in your pj's make a few grand and go back to sleep. Can not think of a much better way of making money then that.