Trading Articles
Article Categories
Article Tools
Trading the ES - Beginners Luck
Updated May 2, 2022
Top Posters
looks_one
crazyjk
with 41 posts (16 thanks)
looks_two
MNSTrading
with 3 posts (3 thanks)
looks_3
tr8er
with 3 posts (6 thanks)
looks_4
ferdinand911
with 2 posts (0 thanks)
Best Posters
looks_one
tr8er
with 2 thanks per post
looks_two
josh
with 1.5 thanks per post
looks_3
MNSTrading
with 1 thanks per post
looks_4
crazyjk
with 0.4 thanks per post
trending_up
5,519 views
thumb_up
33 thanks given
group
19 followers
forum
55 posts
attach_file
36 attachments
Welcome to futures io: the largest futures trading community on the planet, with well over 150,000 members
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to
register in order to view the content of the threads and start contributing to our community.
It's free and simple.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Trading the ES - Beginners Luck
(login for full post details)
#11 (permalink )
Legendary Market Wizard
Georgia, US
Experience: None
Platform: SC
Broker: AMP+CQG
Trading: ES, Nikkei
Posts: 5,906 since Jan 2011
Thanks: 6,432 given,
16,826
received
Many brilliant traders who have made millions have lost it all and then some. At just over 1 month trading the ES, you've done a great job. But as they say, making money in trading is easy, keeping it is what's hard. I think you did exactly what you're supposed to do--you made money, you extracted it, and now it's yours. That's what trading is about. The ability to adapt to a variety of market conditions really defines a trader. As you see more varied market conditions over more months and years, your ability to adapt will be the key determinant of your success. Best to you!
The following user says Thank You to josh for this post:
Can you help answer these questions from other members on futures io?
Best Threads (Most Thanked) in the last 7 days on futures io
(login for full post details)
#12 (permalink )
Sydney Australia
Posts: 42 since Jun 2021
Thanks: 8 given,
16
received
elitecamper
I wouldn't call it luck. Its more like skill because you are seeing the market with fresh eyes. What happens is we get lost and identified and start making poor trades. So the trick is to see the market with fresh eyes everyday. That involves trading and then forgetting about it until the next trading session. If you are always in the market and thinking about it night and day then you are lost.
Couldn't have said it better myself.. I am not bullish nor bearish i trade the trade. Just trying to grow a small account second time around..
The following user says Thank You to crazyjk for this post:
(login for full post details)
#13 (permalink )
Sydney Australia
Posts: 42 since Jun 2021
Thanks: 8 given,
16
received
Obvious short on open again tonight market feels exhausted around this level expect 4195 next couple days..
Profits: 1137.50
Balance: 5627.00
EPM21106
(login for full post details)
#14 (permalink )
Market Wizard
Europe
Experience: Advanced
Platform: TradeNavigator, BookMap
Trading: ES, CL, 6E, 6B
Posts: 599 since Jan 2017
Thanks: 150 given,
599
received
crazyjk
Obvious short on open again tonight market feels
exhausted around this level expect 4195 next couple days..
Profits: 1137.50
Balance: 5627.00
EPM21106
Lol, in the meantime I know: you are not a beginner as you mentioned
The following user says Thank You to tr8er for this post:
(login for full post details)
#15 (permalink )
Legendary Market Wizard
Georgia, US
Experience: None
Platform: SC
Broker: AMP+CQG
Trading: ES, Nikkei
Posts: 5,906 since Jan 2011
Thanks: 6,432 given,
16,826
received
crazyjk
Obvious short on open again tonight market feels
exhausted around this level expect 4195 next couple days..
Since 4195 is right at the boundary of a standard deviation implied by the Friday weeklies it's certainly a possibility. But, we had a good liquidation break yesterday that was as transient as ever, so a catalyst will be all but required to see anything sub 4200 before FOMC next week. The one thing that might do it is a super hot CPI print tomorrow morning. It's one of the biggest data points in recent times, so anything much higher than a half percent like last time is likely to create a stir. Also, ECB presser at the same time, so could be an interesting morning.
Otherwise, until the risk rolls off dealer books next Friday the 18th, the mechanical flows are likely to continue to keep us pinned to a 4200-4250 range .
Of course, remaining flexible and adaptable is always most important. As always with markets, expect the unexpected.
The following 2 users say Thank You to josh for this post:
(login for full post details)
#16 (permalink )
Sydney Australia
Posts: 42 since Jun 2021
Thanks: 8 given,
16
received
Got on to some pre open action with some big swings..
ES is cooked now off to bed..
Might take off 2K off in case of a drawdown we can reload again or we up our size hmmmm... Ill sleep on it.
CaptureES1006
(login for full post details)
#17 (permalink )
Sydney Australia
Posts: 42 since Jun 2021
Thanks: 8 given,
16
received
Cant get a good read on the ES tonight buggered from a busy week so will hit the pillow..
Also annoyed i closed my short at 4320.50 level..
epu21
epu211206
(login for full post details)
#18 (permalink )
Tallinn, Estonia, Europe
Experience: Beginner
Platform: IB, Binance
Trading: Futures, Crypto
Posts: 4 since Jun 2021
Thanks: 7 given,
0
received
Nice job! Very well executed so far.
As I understand correctly, you do not use any indicators and rely on merely gut feeling and stay away during big news?
Thanks,
Ferdinand from Estonia
Sent using the futures.io mobile app
(login for full post details)
#19 (permalink )
Sydney Australia
Posts: 42 since Jun 2021
Thanks: 8 given,
16
received
ferdinand911
Nice job! Very well executed so far.
As I understand correctly, you do not use any indicators and rely on merely gut feeling and stay away during big news?
Thanks,
Ferdinand from Estonia
Sent using the
futures.io mobile app
No indicators i trade off 5min chart and order flow on DOM ..
I do look at markets and look at news to get a feel of what direction it could go.
The following user says Thank You to crazyjk for this post:
(login for full post details)
#20 (permalink )
Sydney Australia
Posts: 42 since Jun 2021
Thanks: 8 given,
16
received
First loss today i was short biased going into the open but tried to catch the bottom and ride up..
Obviously didn't work out wasn't awake on the big run up into close otherwise would have been a very good day.
epu1506
pnl1506
Last Updated on May 2, 2022
Ongoing