SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

   Strategies & Market TrendsDaytrading stocks and futures


Previous 10 Next 10 
From: Ron5/28/2020 2:20:02 PM
   of 5757
 
If you want some entertainment see how XTrends does over coming weeks...


Share RecommendKeepReplyMark as Last Read


From: Ron7/12/2020 4:47:21 PM
   of 5757
 
Mostly retired now but I do like to watch for possible inflection points:

Watching this slow grind up: Note volume
schrts.co

Summer earnings kick in on Tuesday with 17 companies reporting including
several big banks. Many more to come over next 3 weeks.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Ron who wrote (5748)8/8/2020 9:46:46 PM
From: Sun Tzu
   of 5757
 
Do you trade futures?

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Sun Tzu who wrote (5749)8/8/2020 10:08:27 PM
From: Ron
   of 5757
 
I daytraded stocks for a long time then added the Index futures. A couple years ago I retired. I still
keep an eye on the markets but haven't done more than a half dozen trades over the last year...
all daytrades.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Ron who wrote (5750)8/8/2020 11:48:33 PM
From: Sun Tzu
   of 5757
 
How did you keep your risk manageable in the futures market? Did you always put in trailing stops or limit your leverage to a certain value?

I am thinking of trading futures. But I'd like to learn more about how to manage my risk.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Sun Tzu who wrote (5751)8/9/2020 8:28:50 AM
From: Ron
1 Recommendation   of 5757
 
The futures are good for trading because they are so volatile, especially on economic news.
And that is why they are also dangerous, the volatility. I trade only on signals
that work well in simulated trading over time and use fairly wide stops, raising or lowering them
as the trade goes green. I watch 5, 15 and 30 minute charts along with the daily.
They've gotten more difficult since the 2007 financial meltdown. Algo trading came into
the futures at that time and has continued. You can make good money, but be cautious.
I never trade without some kind of stop. They can move like lightning.
Currency futures are generally a little less volatile: the Loonie and the Peso are worth a
look.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Ron who wrote (5752)8/9/2020 8:44:09 AM
From: Sun Tzu
   of 5757
 
Thanks. Did you ever find that contango and backwardation make for viable signals? Or did you just trade on the momentum?

Share RecommendKeepReplyMark as Last ReadRead Replies (2)


To: Sun Tzu who wrote (5753)8/9/2020 8:56:44 PM
From: Ron
1 Recommendation   of 5757
 
Generally news/momentum. I am out of town a few days. Would be glad to share a bit more when I get
back. I use indicators on the Tradestation platform.

Share RecommendKeepReplyMark as Last Read


To: Sun Tzu who wrote (5753)8/19/2020 4:51:19 PM
From: Ron
   of 5757
 
Here are a couple of my Tradestation futures charts showing activity around the Fed Minutes release
this afternoon.
S&P Futures Continuous Contract:


Canadian Loonie Currency Futures Continuous Contract:

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Ron who wrote (5755)8/20/2020 9:35:01 AM
From: Sun Tzu
   of 5757
 
Is that a parabolic SAR you are using for stop levels?

Share RecommendKeepReplyMark as Last ReadRead Replies (1)
Previous 10 Next 10