Anyone scalping the FTSE Futures??

[ffsear]

Bull trap for sure!

 

[ffsear]

View attachment 298431

FYI, this is an intraday traders thread! All of the above is largely irrelevent!

 

[postman]

Who are Sears?

 

[postman]

Bull trap for sure! View attachment 298432

There's all sorts of signals out there, but they just keep pushing the prices higher.
They say this is the most hated bull market ever and I agree wholeheartedly, it makes no sense yet prices still keep going up.

 

[postman]

Dow down 200 5pm to 6pm so we must go up 300 into the close.

 

[0FXTrader0]

FYI, this is an intraday traders thread! All of the above is largely irrelevent!

You never heard of scalping with a bias?

 

[Artycharty]

 

[Artycharty]

Gotcha

 

[ffsear]

You never heard of scalping with a bias?

God No, having some kind of a cognitive bias while scalping is a guaranteed route to disaster. Scalping is about reacting to what's happening right in front of you right now.

 

[postman]

Dow down 200 5pm to 6pm so we must go up 300 into the close.

Dow at the high of the day and 90 points left for a 300 point rip.

 

[postman]

Dow down 200 5pm to 6pm so we must go up 300 into the close.

Who could possibly have predicted that!

 

[lexcorp]

 

[madharde]

As I said, don't hold any shorts for the next 2-5 years. We are going to 40-50k

 

[lexcorp]

i hope none of you switched to being a bear after that down day. I tried to warn lol.
I'n no expert, but just try to play with the odds on my side (especially from a swing point of view)
Hoping we get a decent dip early next week as i'm not fully loaded at all yet. Took some small longs yest and today, but not traded it great tbh

 

[madharde]

i hope none of you switched to being a bear after that down day. I tried to warn lol.
I'n no expert, but just try to play with the odds on my side (especially from a swing point of view)

According to one of my brokers, 89% of traders are short on the Dow😂😂😂

 

[lexcorp]

According to one of my brokers, 89% of traders are short on the Dow😂😂😂

sometimes i think the reason for the apparent 95% failure rate in trading is the 'short' button. I'm convinced there'd be so many less people blowing up if they weren't allowed to short. It's literally picking up pennies infront of a train. And i've been saying it for years. And yes, I know things like corona and 9/11 terror attacks can happen, but that's where stops and position sizing comes in. Markets go up. Now more than ever due to the Fed and other things.

It kind of feels like groundhog day on trading forums. Every year everyone seems to be getting killed by the rally. And I was there myself 4-5 years ago lol.

 

[madharde]

sometimes i think the reason for the apparent 95% failure rate in trading is the 'short' button. I'm convinced there'd be so many less people blowing up if they weren't allowed to short. It's literally picking up pennies infront of a train. And i've been saying it for years. And yes, I know things like corona and 9/11 terror attacks can happen, but that's where stops and position sizing comes in. Markets go up. Now more than ever due to the Fed and other things.

It kind of feels like groundhog day on trading forums. Every year everyone seems to be getting killed by the rally. And I was there myself 4-5 years ago lol.

Me too, I was a bear for years and lost a few K, a few years ago and that was the hardest lesson of my life. From that point on I was never going short Equities ever again!

 

[lexcorp]

this is how it's done!
(not mine btw. I wish!! A friend. Yes, that's 70 full size lots on each symbol!! Usually trade 20 or so but I guess he lked this one!)

 

[Artycharty]

Into the open

 

[Artycharty]

Mornin folks 😁😁🤣🤣🤣🥰🥰🤪🤪🤪😎😎