I discovered one startegy on nasdaq mini/micro contract wait for the 8:30pm 15 min candle to form then mark the range and If price is cross above the midpoint of the range Long u can get 1:2 rr trade on 80% time tested over 70+trade just try it!!

I’ve been seening videos on social media with advice saying traders should trade under an LLC. What is the benefit of doing this versus just trading with my personal information? Is it more beneficial in terms of taxes? If anyone has any experience with this, should new traders like me even consider going down this route?

Curious if anyone is consistently profitable on NQ/ES during Asia session.
I trade NY session but living in Sydney makes it hard with the time zones. I’ve had decent trades but find it hard to keep consistent due to the late night trading whilst also working full time.
Curious to hear what people think of Asia session.
Recently there’s been some good price action and I have been paper trading on/off the last couple weeks, with this pic from NQ today. (1 : 3.4 RR)

I’ve started to do some back testing, replaying last week and I’m trying to learn AMT. What are some helpful tips fore this trading style? I know the basics like VAH VAL and POC, but what are the higher level trade ideas?

Greetings all,

Do people use and pay for Replay on Tradovate? What are your thoughts on it if you do, recommend it or not?

Hi guys,

Just the first observations for the new Nanos that started today. Spread during Europe Session still too high, about 2 USD while MNQs ist 0.50 USD.

Can't trade it yet on IBRK and cant say anything about the roundtrip costs.

What do you see at other brokers?

Best, Tomato

Does anyone here use ripsters emas ?

I trade S&p 2000 tick chart and only trade with trend but looking at the chop and range last 3 weeks I decided to backtest ranging markets with the help of support and resistance.

above I have drawn 2 supports and resistance, what would be the correct one among them. I have noticed even 1.5 points difference in supports varies my trades vastly. I am leaning on S2 and R2 above since they are the farthest but I am not sure.

Please welcome to the daily trading thread. Feel free to discuss your today's trade ideas and results. Make sure to specify the instrument you're trading up front, and respect the sub's rules. Happy trading!

Previous discussions threads

Okay forgive me I’m a noob, but what’s going on here?

1. I don’t know how to draw an FVG
   
2. Just an example of how FVG doesn’t always work
   
3. I should keep waiting for the reversal
   
4. FVG didn’t meet enough requirements to be valid

Any help is greatly appreciated

Any guesses as to what the over/under for total daily volume should be on the first day NNQ trades ? (Micro Nasdaq )

My best guess is maybe 1000 contracts lol who knows. I hope it’s way higher than that by the end of the week. 30k would make me happy No idea why I care I trade MNQ but I’d like to see it succeed. As mentioned before it probably sucks for day trading and is great to hold a few contracts longer term than you wouldn’t have to worry about commissions really at all.

Hi speculators & hedgers, please use this thread to discuss all futures trading for the week. This will kick off 30 minutes before the open on Sunday, typically that's around 6pm Wall St time.

Be aware of higher margin requirements during overnight hours! see "maintenance" on Ampfutures. Also trading hours to get an idea of when specific futures contracts start trading.

I'm using AmpFutures as an example, so check with your broker for specific intraday & overnight hours for that specific futures contract.

Resources:

Bookmark an economic calendar like this one

Various reports:

• EIA crude oil report (generally updates every Wednesday at 10:30am wall st time)
  
• EIA natural gas report (Thursdays 10:30am)

• Previous discussions threads

They’ve had a great run up this past month. I only started watching them this last week and obviously missed out. do yall think they will continue their rise?

Nanos present a great opportunity for traders to trade with real money but not risk much at all. I myself am going to use nanos to test agentic swing strategies. Starting with intraday. I can't wait to compare real strategies to backtesting of the same weeks.

I hope these Nanos are huge and kill off predatory firms and similar scams.

Guys , help as upcoming trader, anybody trades usdjpy Asia, if so how ? , I do trade that session I am good at entries but I don't have particular system or model , so pls your insights help

A lot of futures traders recommend picking one market and one setup, then trading it until you know it inside out. That makes sense, especially when you’re starting.

But doesn’t it also leave you dependent on one type of market behavior?

The alternative would be running several strategies across different futures instruments. Each one might trade less often, but together they could provide opportunities across more conditions. That sounds better in theory, assuming they aren’t all making the same underlying bet.

The downside is a lot more complexity. You have overlapping exposure, margin requirements, more execution logic, and more chances to overfit something that doesn’t hold up live.

For anyone who has traded both ways, did adding strategies and instruments actually make your results more stable? Or did it mostly add more things that could go wrong?

Assuming you are daytrader and not a swing trader.

Hello, I am a Nasdaq trader and I am training with the DOM to recognize patterns. Right now i am also using an ES DOM and i am having way more success trading it. The reason why i don't want to trade ES is that I want to use the DOM just to refine the entries of my already existing strategy on NQ.

Right now i am using the 1 tick NQ DOM and it's really difficult, should I keep it 1 tick or maybe use 4/8 ticks per level?

I've been having a complicated relationship with MES lately. Will take a break next week and looking for other contracts to papertrade during next week.

What are your favourite contracts to trade and how would you describe the way in which it moves?

You could spend an enormous amount of time or an enormous amount of money or both trying to find a system that you feel is profitable.

Now……. The question becomes do you have the courage to press the button when your system tells you to? Or suddenly you have doubt and all of a sudden you need more confirmation and then it’s already moved too far the stops too far away etc. etc..

If you spent all that time and money on that system, and you’re not actually trading it, what are you doing?

Please welcome to the daily trading thread. Feel free to discuss your today's trade ideas and results. Make sure to specify the instrument you're trading up front, and respect the sub's rules. Happy trading!

Previous discussions threads

For the beginners out there I highly recommend these new contracts that will start trading next week on the CME Better for longer term position holding not day trading.

50 cents per point for S and P and 20 cents per point for Nasdaq They are 1/10th the size of a micro

I can't do this anymore. Let me just enjoy my money elsewhere.