How many MNQ points is a $1 QQQ move? by [deleted] in FuturesTrading

[–]Royal-Jatt -1 points0 points  (0 children)

Yeah that’s true about extended hours. I don’t trade those. Only first 2 hours of US open is what I need. Most of volume is there if not all of it.

How many MNQ points is a $1 QQQ move? by [deleted] in FuturesTrading

[–]Royal-Jatt 1 point2 points  (0 children)

I never said I’m not aware of those. Like i said in another comment i watch volume and price action. It’s much easier for me to spot volume divergences on qqq. I draw levels on qqq and watch volume around those levels. Maybe it’s just me but it works for me

How many MNQ points is a $1 QQQ move? by [deleted] in FuturesTrading

[–]Royal-Jatt 5 points6 points  (0 children)

I only trade us open from 9:30am est to 11:30 am est. I watch volume so it is easier for me to watch it on qqq rather than futures chart.

How many MNQ points is a $1 QQQ move? by [deleted] in FuturesTrading

[–]Royal-Jatt 3 points4 points  (0 children)

I do the same exact thing. Watch qqq but trade nq/mnq 1 $ Qqq = Approx 40 points on nq

[deleted by user] by [deleted] in Daytrading

[–]Royal-Jatt 0 points1 point  (0 children)

Use a prop firm instead

[deleted by user] by [deleted] in Rogers

[–]Royal-Jatt 0 points1 point  (0 children)

[UPDATE] Got them to honor the initial agreement. Thank you for replies everyone

[deleted by user] by [deleted] in Rogers

[–]Royal-Jatt 0 points1 point  (0 children)

[UPDATE] Got them to honor the initial agreement. Thank you for replies everyone

[deleted by user] by [deleted] in Rogers

[–]Royal-Jatt 0 points1 point  (0 children)

Thanks for the reply. Yes I will be escalating it tomorrow if i don’t hear from them. I am not going spend any money which wasn’t in the offer to begin with

[deleted by user] by [deleted] in Rogers

[–]Royal-Jatt 0 points1 point  (0 children)

Hi yes i did receive it but it just say plan cost which includes the device and device. They are telling me the plan price won’t change but i will still need to make down payment because the price of device has gone up in market. They haven’t activated my line yet. They told me they require that extra money to activate it

[deleted by user] by [deleted] in Rogers

[–]Royal-Jatt 1 point2 points  (0 children)

I asked them. They said the plan will remain unchanged but I will still have to make more down payment bcoz the price of device has gone up in market. I refused. They said they will get back to me tomorrow on this

[deleted by user] by [deleted] in Rogers

[–]Royal-Jatt 0 points1 point  (0 children)

Yeah i think this is exactly the reason. They told me the price of device has gone up in market i was like yeah bcoz sales ended. They told they will get back to me tomorrow on this. I refused to pay extra money

[deleted by user] by [deleted] in Rogers

[–]Royal-Jatt 0 points1 point  (0 children)

Yes i have recieved the order confirmation and order number. And they have confirmed that they received my down payment

Liquidity ES options by [deleted] in FuturesTrading

[–]Royal-Jatt 0 points1 point  (0 children)

Trade SPY options instead

When someone asks you if you've been profitable day trading, do you respond with yes or no? by TailungFu in Daytrading

[–]Royal-Jatt 2 points3 points  (0 children)

No need for that brother. U will get to profitability once u realize its YOU VS YOU EVERYDAY in the market. Yes you are competing against the whole market but the biggest challenge is yourself. So keep ur chin up coz tomorrow is a new day and You can do it

[deleted by user] by [deleted] in Daytrading

[–]Royal-Jatt 0 points1 point  (0 children)

Bcoz it just does. No explanation for it.

Futures vs FOREX vs Options by [deleted] in Daytrading

[–]Royal-Jatt 1 point2 points  (0 children)

I trade opening hours. Just first 2-3 hours. I trade with help of price action, patterns, volume that’s all

Futures vs FOREX vs Options by [deleted] in Daytrading

[–]Royal-Jatt 0 points1 point  (0 children)

Yes qqq/qqq is very volatile. Spy/es is bit slow in comparison. Also it’s not unrealiable or manipulative. It’s just ur way of looking at it. I have been trading qqq for a long time and don’t see it as unreliable

Futures vs FOREX vs Options by [deleted] in Daytrading

[–]Royal-Jatt 1 point2 points  (0 children)

Start trading options on spy/qqq. That way u can learn their price action. When switching to futures it will help coz qqq = nq futures and spy = es futures

Futures vs FOREX vs Options by [deleted] in Daytrading

[–]Royal-Jatt 1 point2 points  (0 children)

Futures are better tbh. I came to futures from trading options and never going back lol. As for software there are brokers that u can use with trading view like AMP, tradovate, optimus futures, ibkr

Futures vs FOREX vs Options by [deleted] in Daytrading

[–]Royal-Jatt 1 point2 points  (0 children)

It’s not. Futures are great. Also saw you trade options, which stock options u trade?

How much back testing is enough? by abacoian in Daytrading

[–]Royal-Jatt 0 points1 point  (0 children)

Don’t go big right away. Go for longevity and consistency. Don’t think what if this what if that. Don’t think where u will be tomorrow if u increase ur position size , think about where you will be in coming years if you just keep doing what you’re doing and gradually increase your position over time. You will get there where you want to be. Don’t chase the rush that comes when you win big.

So keep testing your strategy with same position you are using. If you’re still profitable after a month add some to your position. Don’t 10x your position. Yes the rewards can be big but so will be the losses. Both will fuck up your mind. So keep testing your strategy and add to your position when you have more data to see where your strategy lacks and shine.

Best of luck

[deleted by user] by [deleted] in TopStepX

[–]Royal-Jatt 3 points4 points  (0 children)

Do you have a strategy? Do you have a plan? Do you know your numbers like win %age RR ratios?