Posted by donkeyface on 28th of Oct 2022 at 03:43 pm
I really don't understand trin, don't really want to LOL... if
its up and I'm long thats good, if its down and i'm short
thats good. gotta keep it simple. I love, TICK,
inverse VIC and ADD
the good news is that your scalps profits today should be far
larger than in the past.
Steve and I were talking about it last night -a few years ago
SPX would move 15 points a day, now you get that on 1 min candles -
so in the past if you were scaping for a couple points, your scalp
points profit should have been moved up in commensurate
Posted by donkeyface on 28th of Oct 2022 at 11:11 am
Any VIX over 25 and I'm pretty happy. All about
risk management though, gotta scale down to survive some of
these insane wicks. And it's a little scary right now with
the lack of orders on the DOM. I do replays often and the
DOM was consistently in the 100's+++ not so long again about 10-20
spots above and below... Now its well below 100 as the norm.
No slippage issues ever, so no big deal... But
definitely interesting.
Also, i never intend to scalp, but I don't like pull
backs... so I just grab it and run pretty often. Plus some
businesses survive on commissions and I'm happy to contribute
(that's what I'm telling myself anyway
).
Life of a Futures Scalper
Posted by donkeyface on 28th of Oct 2022 at 10:06 am
Life of a Futures Scalper
The rest of my tools
Posted by donkeyface on 28th of Oct 2022 at 03:25 pm
The rest of my tools on a dedicated screen. I only trade ES, will be adding RTY (always liked that better) and CL in the future (again), but not yet.
#INTERNALS
top: advance/decline, NYSE TICK, Nasdaq TICK, TRIN arms index
bottom: 60min ES, 2min ES, 2min NQ, VIX (inversely plotted)
I thought if TRIN is
Posted by arun on 28th of Oct 2022 at 03:38 pm
I thought if TRIN is 1 or above 1 the market rally cant be trusted. But today seems to be a broad rally
I really don't understand trin,
Posted by donkeyface on 28th of Oct 2022 at 03:43 pm
I really don't understand trin, don't really want to LOL... if its up and I'm long thats good, if its down and i'm short thats good. gotta keep it simple. I love, TICK, inverse VIC and ADD
VIX
Posted by donkeyface on 28th of Oct 2022 at 03:44 pm
VIX
the good news is that
Posted by matt on 28th of Oct 2022 at 10:15 am
the good news is that your scalps profits today should be far larger than in the past.
Steve and I were talking about it last night -a few years ago SPX would move 15 points a day, now you get that on 1 min candles - so in the past if you were scaping for a couple points, your scalp points profit should have been moved up in commensurate
Any VIX over 25 and
Posted by donkeyface on 28th of Oct 2022 at 11:11 am
Any VIX over 25 and I'm pretty happy. All about risk management though, gotta scale down to survive some of these insane wicks. And it's a little scary right now with the lack of orders on the DOM. I do replays often and the DOM was consistently in the 100's+++ not so long again about 10-20 spots above and below... Now its well below 100 as the norm. No slippage issues ever, so no big deal... But definitely interesting.
Also, i never intend to scalp, but I don't like pull backs... so I just grab it and run pretty often. Plus some businesses survive on commissions and I'm happy to contribute (that's what I'm telling myself anyway ).
as do your losses :)
Posted by bulf6285 on 28th of Oct 2022 at 10:15 am
as do your losses :)
We don’t talk about losses.
Posted by donkeyface on 28th of Oct 2022 at 12:04 pm
We don’t talk about losses. 😂