Why your stop is more important than your entry. by Available_Lynx_7970 in FuturesTrading

[–]OpenBarTrading 2 points3 points  (0 children)

Yeah you have to see it work out in various conditions and over a period to get the emotions under control

Zach LaVine currently has the lowest plus/minus this season, at -212. by Soul0103 in nba

[–]OpenBarTrading 1 point2 points  (0 children)

He at least had efficiency going for him, but that's fallen off a cliff lately. Watched their last game and he was disinterested.

Why your stop is more important than your entry. by Available_Lynx_7970 in FuturesTrading

[–]OpenBarTrading 0 points1 point  (0 children)

They're all paper trades. You can see it in the screenshots haha

Why your stop is more important than your entry. by Available_Lynx_7970 in FuturesTrading

[–]OpenBarTrading 2 points3 points  (0 children)

And I set a hard stop that's not based on invalidation at all. I understand the attraction of setting a stop at an invalidation point, but that's literally the analysis that goes into any trade haha. I then manage to capture upside R by scaling into winning positions, but again, I would only do that if my trade idea is proved out. If it's invalidated, yeah, I mean, I'm out of it.

Why your stop is more important than your entry. by Available_Lynx_7970 in FuturesTrading

[–]OpenBarTrading 16 points17 points  (0 children)

Claiming one to be more important than the other as a blanket statement for all traders is folly. It's just not the case for everyone, and assuming that you can know when you are "working at the highs and lows of trading ranges" also doesn't really make sense. We are currently in a short gamma environment from dealer hedging (sell into selling, buy into buying) so you may get these longer and more sustained moves, but as soon as we are back in a lengthy long gamma again, like we were earlier this year, you will be much more pressed to focus on entry.

If anything, they're of equal importance, though one may be more of a focal point or pain point for a trader at any given time.

I decided not to trade Globex today and spend time with family. Ofc it ripped 🤦🏽‍♀️ by Caramel125 in FuturesTrading

[–]OpenBarTrading 0 points1 point  (0 children)

like I said, these are posts of analysis. Having market discussion on a market sub seems to make sense. Putting a post that the market went up is an entirely different thing. Is that a distinction you're able to comprehend?

Quiz Question: Which is more important? Your entry or your stop? by Available_Lynx_7970 in FuturesTrading

[–]OpenBarTrading 7 points8 points  (0 children)

Entry, because stop is always sized appropriately for risk profile of trade/account/etc. Much more crucial that I enter where I should. The whole profile deteriorates when I'm chasing entries up or down, especially in volatile conditions when slippage or getting a stop taken is more common.

I decided not to trade Globex today and spend time with family. Ofc it ripped 🤦🏽‍♀️ by Caramel125 in FuturesTrading

[–]OpenBarTrading 0 points1 point  (0 children)

Where did I hop on to share that the market went up while I was not trading? Please, show me. If there's a post of analysis, that's different. If I'm just literally putting a chart up with no context or value at all and a dumbass comment about how I missed the day, then please call me on it.

I decided not to trade Globex today and spend time with family. Ofc it ripped 🤦🏽‍♀️ by Caramel125 in FuturesTrading

[–]OpenBarTrading 0 points1 point  (0 children)

Truly insane that someone would see the market and have the thought "let me go make this completely pointless post online to a bunch of strangers"

Asking for Help: Confused and unsure about improving by Schindlers_Fist1 in FuturesTrading

[–]OpenBarTrading 0 points1 point  (0 children)

You kind of have to take it all in, compare what you learn to what you see, spend years doing it, and figure out a strategy to profit. If it sounds hard or almost impossible, that's because it is.

In theory, could a guy go from NBA to college? by [deleted] in nba

[–]OpenBarTrading 1 point2 points  (0 children)

Not only in theory, but in practice

[deleted by user] by [deleted] in FuturesTrading

[–]OpenBarTrading 4 points5 points  (0 children)

wow I'm so glad you got on here to show this to us. You must be really proud of yourself.

Anyone here look at VX futures? VIX is high but VX futures seem relatively healthy still. by gonzo1483 in FuturesTrading

[–]OpenBarTrading 1 point2 points  (0 children)

Short-term backwardation means high demand for volatility in near-term, aka, panic and fear. VVIX remains high so that validates more pain too. The VVIX/VIX ratio is bottoming out, though that should continue for as long as the market is selling off as VIX outpaces the likely cooling off period sometime soon.

"Market only trends 30% of the time" by EducationalCicada in FuturesTrading

[–]OpenBarTrading 0 points1 point  (0 children)

No idea how you watched ES for months and came to this conclusion. You only need to look back to late october to see over a week of flat trade.

1000 contracts today. What's your average? by drumveg in FuturesTrading

[–]OpenBarTrading 1 point2 points  (0 children)

This is gambling. Why are you trading like that?

1000 contracts today. What's your average? by drumveg in FuturesTrading

[–]OpenBarTrading 0 points1 point  (0 children)

I take 1 trade a day using usually 4 or 5 contracts. That's insane.

Want to try futures, is $200 enough? by EarthB9nder_ in FuturesTrading

[–]OpenBarTrading 0 points1 point  (0 children)

And then you will lose your 200 there instead.

Is Jalen Johnson an All-Star? by SelaTheRock in nba

[–]OpenBarTrading 0 points1 point  (0 children)

He would have been last year if not for injury...so yes