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I need help! Need protection from myself trading emini's. Can someone help me cut to the chase with a trading set up for daytrading the ES? I don't want to break any forum rules with my question and hope I haven't.
Can you help answer these questions from other members on NexusFi?
You're asking the impossible. There's no cutting to the chase in becoming a Navy Seal, a fighter pilot, or a pro golfer, and it's no different in trading. You have to find, develop, and hone your own setups. Takes time. Lots of it. Not easy but can be done. It starts in you.
This is a very good field guide on trading. Started reading it a few days ago. This might help you. Just know there is no shortcut, only ways you can choose to help yourself.
Thank you to those who replied to my question. I don't know if each of will see this or if I should be replying to each of you individually, but hope you all see it.
The best setup I found is to go long/short before the big bar that goes up/down
But seriously, either take Mike's advice and move on to something else, or get serious about it and realize there is no Holy Grail. There are dozens of futures.io (formerly BMT) webinars available to you, I suggest you start there if you haven't been scared off.
You will need to invest time, start with the expectation that it may be 6 months or a year before you should be trading live (at a small position size).
If I were to suggest a starting point, then buying the book 'trade your way to financial freedom' by Van Tharp may be helpful. If you do take this advice, I would also add that you should read every chapter, don't skip any that may not appear to be of interest to begin with. There are of course many other good books and learning resources, including this site, this is just one I found particularly helpful.