CME Group just announced the actual launch day of single stock futures-- July 27, 2026. Looks like they're going to have micro contracts on some of the big names and indices. That makes sense. I hope these are liquid and that options on these futures come along at some point.
I don't know if this is normal, but this is actually a common scenario in MNQ / NQ trade. Can anyone explain it? TY
Hi, I’m looking for a broker where you can trade outside of new york trading hours with low margin requirements. Does anyone know which broker is good and has low margin requirements?
I’ve learned that trading with the trend helps significantly I have a few emas I use to help identify the overall trend before I even think about trading.
Hi Reddit I am new to futures trading or day trading in general and looking for people who would like to connect and learn about trading together.
My plan is to get a Demo account on Ninja trader and come up with a trading strategy that would work for me. For now I am only going to be focusing on MNQ. But open to other tickers depending on what people I connect with.
I work a full time job so I will only be trading for 30-60min before I leave for work. So that will he 9:30-10:00AM ET. (I am in PT time zone btw)
Would love to connect with people who also trade during that time and would be open to connect via voice (zoom/google meet/discord) and discuss our entries and exits.
I have been hanging around the trading community sub reddits for years and have took some trades in the past but never seriously traded like this before. So my I am beginner level right now.
I work in software so ultimately I do want to move in the direction of coming with some automated strategies as well but for now I just want to focus on trading myself and understanding the market.
Looking forward to hearing from fellow traders.
Curious to get feedback from everyone on back testing when it comes to strategies.
I've ran YTD on 5 different iterations to try and optimize as much as possible and I'm curious if running this out on longer scales would be best or if I should look to alter a parameter to optimize more. I have info on total trades, wins/losses, win rate, profit factor, avg win/loss, ROI, and a breakdown of trades by month and week.
I kept the strategy simple to avoid as much noise as possible and this was the initial setup:
Wait for 15min ORB to form
Price needs to break and close above/below OR
Price needs to reverse back into OR and candle must close on VWAP (if price breaks opening high, price reverses and closes below VWAP or vice versa).
Enter on next candle with TP at the opposite end of OR and stop loss on the session high/low.
If there's no reversal that crosses VWAP within the OR, I don't take the trade.
Only 1 trade per day and taken on the first time the conditions were met.
I ran this YTD and then changed a single parameter moving forward based on results for consistency.
Second test I only changed RR to 1:1 using the same TP level and adjusting the SL accordingly.
Third test used 1:2 RR. I marked the 1:1 from test 2 and then doubled the TP range. This kept the SL the same as the second test and only looked for more profit.
Fourth, kept the 1:2 and used the previous day NY session trend as confirmation. For example, if the previous day trend was bullish, I only took a long. If the previous day was bearish, I only took a short. Again, only used the first time the conditions were met and didn't look beyond... Meaning, if the previous day was bullish and the OR broke/closed high and then broke/closed below VWAP, I didn't take the short. No trade that day.
Fifth, I ran the same as the 4th but used the overnight trend as the condition.
For every change I've made thus far, I've seen an improvement almost 100% across the board. Just looking to refine as much as possible and wanted to see if anyone had suggestions. Thanks in advance.
China appears to be quickly reducing its exposure to U.S. dollar assets while accelerating its purchases of gold and other metals. It has also tightened control over gold and silver exports, reducing authorized bullion exporters to a small number of specially approved, state-backed entities, while imposing export restrictions on several strategic minerals, including rare earths.
At the same time, Hong Kong is being turned into a much larger physical precious metals hub. The Shanghai Gold Exchange is expanding its offshore presence, additional vault and trading infrastructure are being developed in Hong Kong, and I’ve seen reports and rumors of related China-associated developments in Dubai and Europe.
This month, Hong Kong will launch a new precious metals exchange. In parallel, several of the world’s largest bullion banks are expanding their physical gold operations in Hong Kong, including moving physical gold there.
Taken together, these developments look like more than isolated policy decisions. What do you think China’s long-term objective is? Is China trying to shift physical price discovery and settlement away from London and COMEX toward Asia? (Likely) If so, what does that ultimately mean for the USD price of gold?
I built a simple system I call Powervesting that treats my portfolio like a managed account with a built in backstop. It is 70 percent SCHD that stays sacred and never gets touched. The other 30 percent is my Strike Fund in cash for opportunities.
I swing trade long only ES and NQ futures from that Strike Fund with strict rules. Max 57 percent of the Strike Fund in margin leaving a solid buffer. I rebalance back to 70/30 every quarter unless we are in a downtrend.
Entries need macro support plus my SVE crossover on the daily with volume confirmation. Risk is 3.5 percent per trade with a 2.5 ATR stop and I never move stops. Max 7 percent risk across positions. Use micros and minis to get a risk dialed in as close as possible
I exit only on a daily bearish SVE crossover or full exit in confirmed downtrends. No re entry until a fresh long signal. Living expenses come only from profits dividends or the buffer. Futures get the 60/40 tax treatment.
It is conservative by design. The SCHD backstop protects the core while the futures add leveraged alpha on the long side. Win rate around 63 to 66 percent over years with process over outcome focus. Not chasing monster years just steady disciplined growth.
This is what works for me after years of refining. DYOR and trade your own plan. Curious what you all think
All of my trades are from scalping 1 MNQ.
I took a lot of b/e trades, which really reduces my average wins and increases my commissions. While moving to b/e quickly kept me out of some losers, it kept me out of more winners.
A few of those days should have been red and a lot of them should have been bigger $ green days.
You guys have any rules on how long you'll wait in a trade while it fucks around at your entry?
From what Ive noticed, 4-5 min seems to be around the sweet spot? Im thinking of not moving my stop to b/e unless its been over 5 minutes or price went 90% towards my TP
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!
Back testing my newest ES algo. Did amazing in June. Solid in April. Completely fails in May. Mostly due to several losing trades despite my multiple filters.
Was May a particularly difficult market? What exactly could it be about May that makes a good strategy fail?
Hi All. I'm reading Al Brooks "Reading Price Charts Bar By Bar" and I'm just not grasping the concept of H2/H3 and L2/L3. One minute I think I get it, then he calls out a bar and says it's L2 and I just fundamentally don't understand how it could possibly be L2. I'll upload some scans of the pages that illustrate my confusion.
Page 118 (the section on H2/L2) he says "when a bear market is correcting sideways or up, the first bar with a low below the prior bars low is a low 1, ending the first leg".
In the scan I've attached, the candle he says is an L2 has a significantly higher low than the previous candle. What am I not understanding?
I’m a moron, and can never figure out holiday schedules. Do we have a regular day on Thursday, and a half day on Friday? What times are equities working? Why am I so dumb?
That last question is rhetorical. Don’t lay into me. I’d appreciate the times on and off for EDT.
New to footprint & slightly lost.. I want to trade ES & NQ 5m separately on TradingView with footprint charts separate window. I don’t understand how to watch both when footprint is set to range or ticks rather than time. I’d prefer them to be same as I watch candle formation.
2nd question is, QuanTower & Tradovate are showing different numbers. I think my level 2 on quan tower is delayed but regardless, in the pics, which is the correct setup? I’m mainly looking for delta divergence + absorption & all that.
Last question is, why on Tradovate time-based footprint charts the numbers are all crunched up? It’s not readable unless changed to 100 range on NQ & 20 ES.
1st pic is bid / ask
2nd pic is bid / ask + vol / delta
3rd pic is crunched up Tradovate 5m settings.
I am using MarketXero indicator for footprint charts on Tradovate as I was recommended it’s better than the built in feature on Tradovate.
Robinhood just closed everyones pending futures orders with absolutely no warning, please check your stop losses are still in place if you had any
Hi, today i traded well and made a decent profit, however, i gave back almost half of my gain. It was a green day but the fact that i gave back some of my gain is really pissing me off right now and i can feel the anger building in me.
How do you manage your emotion when you give back your gains by placing more trades due to greed?
This was my worst month in the last year. It could’ve been an average month but I fumbled a big winning day pretty badly, gave it all back and more. (Keep that DLL turned on!) Any other value traders out there? How did you make out? Everything looks fine in hindsight but the intraday tempo has not been my vibe…
Kept trying to jump in here but it would instantly bump me out unless it was going opposite my position... was up 970... now only 300.... I should have stopped trying to get in once I realized it wasnt going to let me hit an easy one... 🙃 mostly why? Didnt even hit stop loss. I would get in, it woild instantly jump in my direction, and instantly take me out.... if i were full sl instantly id be down much much more... 😒 blegh. Makes me sick.
Any recommendations on a good futures brokerage platform for trading. I have an etrade account and I dislike their futures platform.
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!
