Recent content by wekim

  1. W

    S&P 500 & other indexes - intraday. Plus chat

    Yeah funny you mention a 4 tick stop. I think I need to be more liberal on my stops, cause there is quite a lot of wiggle noise on the ES. The examples in the NO BS book seemed to recommend getting out asap when you're wrong, so usually I'm out if it goes offside 2 ticks. But I think its also a...
  2. W

    S&P 500 & other indexes - intraday. Plus chat

    TS is very tough to read. DT's product combines both the DOM/TS so its much much better. Seeing a wall of red on the TS would lead you to believe that theres a lot of aggressive sellers hitting the bid, but unless youre are speedreader, theres no way youre gonna know exactly how many. Yes, you...
  3. W

    S&P 500 & other indexes - intraday. Plus chat

    I suppose a scratch wouldn't be bad, I just hate giving up profits so far since its rare when I actually can pick a correct move for a few points. Usually I'm in and out in a few ticks, more losers than winners, so I need to make up for those with some bigger wins somehow. I enter/exit using...
  4. W

    S&P 500 & other indexes - intraday. Plus chat

    Slap me on the wrist today. Early on I went long on the pullback from the open, (I was going long right where rob was covering his one trade, we were both buying there), but then mid-trade I didn't stay with my stop and got scared after it went against me 2 ticks. It was a longer term bias too...
  5. W

    S&P 500 & other indexes - intraday. Plus chat

    Yea! This is what I was saying earlier. Thats why its hard for me.. Hrmm right yeah I overlooked that. Sometimes though it never does test the low, and starts to reverse early. So theres a few possibilities: 1. tests the low and the low holds, I can consider exiting after seeing that 2. tests...
  6. W

    S&P 500 & other indexes - intraday. Plus chat

    still here, will get to respond to your last posts, busy being pissed at myself for getting scared and missing this uptrend today
  7. W

    S&P 500 & other indexes - intraday. Plus chat

    I'm trying to get clarity here cause in real time I have a lot of difficulty. No, not the ONL, but the LVN. Sellers couldn't reach the ONL and buyers couldn't reach the ONH. The bias WAS with sellers on the open as the market discovers lower. Price bounced and then the bias WAS with the...
  8. W

    S&P 500 & other indexes - intraday. Plus chat

    thanks as usual DT, this will give me more to think about when looking at the depth+sales This is what I've tried to do and this has been the results :) Yeah, since I'm looking for D-types, I'm always looking to fade instead of ride the move. Again its tough to determine in real time. What...
  9. W

    S&P 500 & other indexes - intraday. Plus chat

    thanks rob, my thoughts: I understand your reasoning but let me play devils advocate in the analysis leading up. Yes, there was little volume traded the first time price hit this level. It was rejected and bounced. However, the market was supported here and sellers decided it was too low. Why...
  10. W

    S&P 500 & other indexes - intraday. Plus chat

    Can you guys please critique this trade? I don't know much about market profile/volume profile, but I decided to give it a shot. Two screenshots are attached both giving my reasonings for getting in the trade, forgive me if this seems basic, I'm a newb. entry 1. the 15 min chart shows a...
  11. W

    S&P 500 & other indexes - intraday. Plus chat

    Heh. Often I find myself finding validity in both sides of the trade. This stuff is hard..
  12. W

    S&P 500 & other indexes - intraday. Plus chat

    1m and 5m, but I'm gonna start looking for the bigger moves too. Will need to go over rob's posts in this thread :)
  13. W

    S&P 500 & other indexes - intraday. Plus chat

    1 trade and 1 missed trade for me. I faded the news spike at 10am and caught 9 ticks. Then there was a decent setup on the D+S that wouldve been good for another 4-6 ticks but i hesitated as well. I'm thinking of starting to record my screen during the day and then can review later on and get...
  14. W

    sick of 'gurus': new trader asking advice from normal traders?

    very right But.. when you do get filled on the bid, if the market doesn't move and doesnt tick either up or down, you are in a risk free position, because you can turn around and re-sell at the bid at only the cost of commission. Whereas if you lift the offer, you are paying a premium for...
  15. W

    sick of 'gurus': new trader asking advice from normal traders?

    I remember seeing the Dunning Kruger thing in robster's signature but never clicked through, thanks man lol.
Top