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Search: Posts Made By: dannyinhouston
Forum: Trading Reviews and Vendors August 18th, 2021, 07:47 PM
Replies: 96
Views: 26,887
Posted By dannyinhouston
bobwest I mean no disrespect, but it seems...

bobwest

I mean no disrespect, but it seems like you are maybe "over moderating" certain threads?
Forum: Traders Hideout August 11th, 2021, 06:59 PM
Replies: 276
Sticky: The Tax Thread
Views: 199,455
Posted By dannyinhouston
Thanks to everyone for this thread. Lots of good...

Thanks to everyone for this thread. Lots of good information. I will add one thing I did not see mentioned. After I started trading I had to "teach" my CPA about trader tax rules. He's a very...
Forum: Psychology and Money Management July 27th, 2021, 09:37 PM
Replies: 18
Views: 3,922
Posted By dannyinhouston
This book is highly recommended. Emotions are...

This book is highly recommended. Emotions are not bad, in fact they are very useful.

This book describes how to construct a "mental game" system to suit your style of trading.
...
Forum: Psychology and Money Management July 26th, 2021, 01:29 PM
Replies: 4
Views: 1,433
Posted By dannyinhouston
Totally agree with the post above by...

Totally agree with the post above by ZviTradingCoach. Once you develop a solid edge, with a written plan that has several solid setups that match your trading style, then you can obtain trading...
Forum: Trading Reviews and Vendors July 14th, 2021, 02:37 PM
Replies: 1,296
Views: 501,888
Posted By dannyinhouston
I think in general the audience here, and for 99%...

I think in general the audience here, and for 99% of the Topstep /OneUp users, are not successful traders looking for a means to fund an account. The audience here are beginning traders who will...
Forum: Trading Reviews and Vendors July 12th, 2021, 07:13 PM
Replies: 1,296
Views: 501,888
Posted By dannyinhouston
Dear Topstep, One UP and other potential...

Dear Topstep, One UP and other potential customers.

I've been there, done that.

My trading demon is over trading. After many blown accounts I have finally managed to at least defeat this...
Forum: Trading Reviews and Vendors July 12th, 2021, 07:04 PM
Replies: 1,296
Views: 501,888
Posted By dannyinhouston
Did you also ask if they take the other side of...

Did you also ask if they take the other side of the trade?
Forum: Commodities July 11th, 2021, 09:41 AM
Replies: 18
Views: 6,660
Posted By dannyinhouston
Here are the contract specs: ...

Here are the contract specs:

https://www.cmegroup.com/trading/energy/micro-wti-crude-oil-futures.html
Forum: Trading Reviews and Vendors July 5th, 2021, 02:08 PM
Replies: 267
Views: 61,055
Posted By dannyinhouston
Another point regarding taxes, a successful...

Another point regarding taxes, a successful Topstep trader will give up a portion of their profits to Topstep, then if you make any money and withdraw, at the end of the year you will probably...
Forum: NinjaTrader July 4th, 2021, 08:28 PM
Replies: 3
Views: 1,098
Posted By dannyinhouston
If you can't follow your own trading rules then...

If you can't follow your own trading rules then you should not be trading.

Use this rule - only accept one contract in the red at any given time. If you add, then must exit BE.
Forum: Trading Reviews and Vendors July 4th, 2021, 06:03 PM
Replies: 267
Views: 61,055
Posted By dannyinhouston
Funny how nobody ever considers the tax...

Funny how nobody ever considers the tax implications? If you blow accounts at Topstep it's money out the door. Blow a live account and you can bank the capital gains, will stay there to be offset...
Forum: Trading Journals July 4th, 2021, 06:47 AM
Replies: 23
Views: 4,607
Posted By dannyinhouston
I suggest you use a live account and fund it with...

I suggest you use a live account and fund it with a few hundred dollars, and trade micros. That way it's just you and the market. If you "blow" this account then add a few hundred more and start...
Forum: Trading Reviews and Vendors July 4th, 2021, 06:37 AM
Replies: 267
Views: 61,055
Posted By dannyinhouston
I did not read every post in this thread, but a...

I did not read every post in this thread, but a trader would be better off putting a few hundred dollars into a personal account and trading micros as opposed to using firms like Topstep. Then if...
Forum: Emini and Emicro Index July 3rd, 2021, 09:43 PM
Replies: 10
Views: 4,837
Posted By dannyinhouston
Like most, you are over thinking it. There are...

Like most, you are over thinking it. There are an endless number of AI and other "algos" playing markets. I don't really care "why" price moves, I just observe it.

Just find your setups,...
Forum: Emini and Emicro Index July 3rd, 2021, 04:33 PM
Replies: 140
Views: 44,308
Posted By dannyinhouston
Liquidity is not the issue here. Tell me...

Liquidity is not the issue here.

Tell me about:

1. Your top three setups
2. Your risk management strategy
3. When do you trade?
4. Why do you trade?
Forum: Trading Journals February 3rd, 2021, 12:06 PM
Replies: 75
Views: 19,485
Posted By dannyinhouston
I wish I could have real time access to the order...

I wish I could have real time access to the order flow of these companies. Just place trades opposite, make a mint. Proven success rate 99%. I suspect many of these companies are doing just that. ...
Forum: Commodities April 18th, 2020, 03:18 PM
Replies: 39
Views: 14,126
Posted By dannyinhouston
I'm a discretionary trader, and my plan calls for...

I'm a discretionary trader, and my plan calls for me to trade the open, make 2-3 trades over a 2-3 hour period and be done. Having the OR information on my chart provides a ton of context, along...
Forum: Commodities April 17th, 2020, 07:28 AM
Replies: 39
Views: 14,126
Posted By dannyinhouston
The OR is very relevant. But like everything in...

The OR is very relevant. But like everything in trading, nothing works all the time in all markets.

I use the Premium Lizard Trader OR tools, this provides me with overnight/session ranges, and...
Forum: Emini and Emicro Index April 10th, 2020, 09:47 AM
Replies: 25
Views: 15,784
Posted By dannyinhouston
Recent volatility has required most brokers to up...

Recent volatility has required most brokers to up their margins significantly. Before COVID, my Ninja Trader broker would require $50 intraday per MES contract. Lately, it changes in real time, but...
Forum: Trading Journals August 25th, 2019, 04:37 PM
Replies: 71
Views: 19,493
Posted By dannyinhouston
Must have went busted I guess?

Must have went busted I guess?
Forum: Traders Hideout August 25th, 2019, 04:34 PM
Replies: 16
Views: 2,198
Posted By dannyinhouston
The true cost is blowing up several accounts. NO...

The true cost is blowing up several accounts. NO successful trader makes it without paying that price.
Forum: Traders Hideout August 25th, 2019, 04:30 PM
Replies: 1
Views: 1,070
Posted By dannyinhouston
Just another huckster guru with a popular book. ...

Just another huckster guru with a popular book. The Youtube mea culpa is hilarious.
Forum: Trading Reviews and Vendors July 29th, 2019, 11:36 AM
Replies: 932
Views: 383,611
Posted By dannyinhouston
My email had the wrong date

My email had the wrong date
Forum: Trading Reviews and Vendors July 28th, 2019, 06:37 PM
Replies: 25
Views: 17,546
Posted By dannyinhouston
Here's the webinar, I purchased the lizrd renkos...

Here's the webinar, I purchased the lizrd renkos this morning, just setting them up today. I'm a big fan, use the Opening range, pivots, and VWAP premium indicators for NT8.
...
Forum: Platforms and Indicators July 28th, 2019, 06:23 PM
Replies: 2
Views: 1,995
Posted By dannyinhouston
Lizard Renko

I'm a big fan of Fat Tails and Lizard products. Just purchased the Lizard Renko package this morning, was wondering if anyone else had taken a look. I'm still tinkering with the settings.

I...
Showing results 1 to 25 of 64

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