A 2-legged pullback is just ANY 3 consecutive legs. If follows that every leg is the 3rd leg of a 2-legged pullback. Now that you know how to spot a 2-legged pullback, you'll be rich.
@@pikiwiki All this 2LPB mumbo jumbo is just wanking off. Literally EVERY LEG ON A PRICE CHART IS THE THIRD LEG OF A 2-LEGGED PULLBACK!!! Your success at scalping has nothing to do with finding 2-legged pullbacks, because every leg on your price chart is a 2-legged pullback. The emperor isn't wearing any clothes, people!
@@herrickinman9303 not entirely, you also have to know how to count legs and when the count resets, sure if you don’t know when to reset the count then every leg is just another two legged pullback but that’s just not how you trade this pattern.
Hi Michael. I picked up Futures trading recently on TOS, and i've learned a few hard lessons i wish others would talk about more. I think they'd rather talk about how profitable and easy scalping 1 point on the ES is rather than the risks and costs. 1) on TDA, the cost for 1 contract of ES all in is $3.55. This fee is charged for both the buy and the sell, so the round trip is $7.10. As a 1 point movement on ES is worth $50, this means that 14% of your trading is chewed up in fees. That was a tough pill to learn after coming from stock and ETF trading. Note: TDA seems to be the most expensive here, other brokers like Trade Station are less than half the fees for futures, so I'm considering a move there, 2) time of day has a big impact, especially if scalping. The volatility before the market opens is much less, so trading ES at this time is preferable to catch the movements. After the market opens the movement is too frenatic for me. 3) the aforementioned fees are charged regardless of your P&L, so you get charged the same amount no matter if you make $200 or lose $400. if because of the price action you aren't going to get fully to 1 point, you may have to settle for +.25 a point which makes the fee as a percentage of the trade much worse. of course with the loss you need to cover the point loss amount too, so it's a double whammy. 4) again on the issue of scalping, setting stops is much more difficult. while i can easily set a limit order for my exit, setting a stop for risk management is tougher. the price easily swings a point or more as it heads in a particular direction, and you can easily lose $50 or more as the price heads south before it heads north again. i wish more people would talk about these issues, I can accept risk, but the fees were a bit of a shock as my profit taking wasn't accounting for so much being taken out on the trade (this is probably more of an issue with scalping I know). Just means i need to target more per day to cover the fees, which of course comes at greater risk. Anyway just thought I would pass these along while they are still fresh in my head.
is the comission fee per contract round trip or the fee will be $3.55 whether it's 1 or 5 contract regardless of the amount of contracts your trading? Thanks
@@mfs353 since writing this post, the fees have increased slightly to $2.25 commission + $1.35 misc fees = $3.60 per contract sale. That means a round trip of buy+sell is $7.20. But I have also learned that after establishing some history you can contact TDA and they will reduce your fees. Mine currently was reduced to $2.00. Not a big discount, but i hear that you can contact them each quarter and ask for additional discounts :) And no, unfortunately this is per contract, so if you buy 5 contracts the fee is x5.
The fees on TOS are high specially if trading micro sp... I spent a lot in fees.. if a point is 5 dlls, it means winning one point doesnot cover the fees.
@@MrGameMeister Thanks for taking the time to respond and ill definitely be calling them to ask for a discount cause if you're a small time trader or a beginner, this is shy of a highway robbery in bright daylight,
Thanks so much Mike! I watched your videos and decided to give this thing a shot by setting up demo account. I made $1000 within 2 hrs all thanks to your insightful tutorials! I have recommended your channel to my buddies.
Bro that is what trading is all about and the way I want to trade confidently like you! You read that spot on and have an awesome method. An extra $300 to $500 per day is perfect for any trader! Awesome video and keep up the trades!
@@thineshmoghanan8150 The way to go is the *SQB STRATEGY* my friend. Get real institutional trading strategy and meet dope traders in the community. Hit me up if you need help getting into the course .
Love your videos. When are you planning on posting more? Would love to dive deeper into the two legged pullback. Appreciate your ability to explain things in a simple manner.
@@crimpers5543 is this true? I noticed a lot of the e-mini TH-cam traders stop posting videos after awhile and I assume they too blew up their account.
I’m taking my time this year with investing. I won’t be taking short term trades in stock or crypto. I threw in some money November last year into crypto and I’m yet to recover any tangible returns as market downtrends is still affecting the altcoin I bought. Although I’m positive about the stocks in my portfolio, all long term stock investment.
Like it or not, there are people who would most likely come out of the bear market with huge returns, NFTs are making people rich these days. If I’ve learned anything was to just do it.. go in with the right skills unless you’re ready to throw funds away.
Can you explain the philosophy for setting of your stops? Most technical traders when doing risk management would target 2:1 or maybe 3:1 reward/risk ratio. Here you seem to be setting 1:1.75 or even 1:2 reward/risk. I understand with the price action you want to avoid getting stopped out, but to set such a ratio you really really really need to be confident with the trend.
@MrGameMeister - I thought the same but English is not my 1st language so I struggle with my words. What is your opinion on scalping options & forex compared to the futures market? I'd really like to hear your thoughts. I am based in Australia and to find a good broker here to trade futures is not easy
Price action doesn’t target a ratio. It goes by exactly what price is doing. SMC focuses on predictions etc. There is a difference between what’s said will work and what actually does 👍
Good stuff man, do you trade w algos or what? Bc those orders were triggered w automatic profit and stop orders….. unless im missing something. Also what platform is this?
hello, super nice material, in any case do you share the hotkeys that you use to put in the entry with the stop out and trailing of the last contract? Thank you, keep it up!
Thank you for the live trading session! Very nice! How much did you have in account approx when making these trades? How much did the trades cost ? How many shares or whatever you call the trade. Beginner questions. 😉
investing successfully in forex requires the expertise of a professional broker that is why i have made profit since i started trading with mrs Linda Bradford
I invest with mrs Linda too, she charges a 20% commission on profit made after every trading session which is fair compare to the effort she put in to make huge profit
Amazing I also just started trading with Mrs Linda Bradford , she is the best at what she does with an initial investment of $1400 i made up to $5230 in just a week of tradng with her, her strategies are mind blowing
What futures broker do you suggest for beginners with very small accts. looking for the cheapest fees, cheapest feeds trading the ES mini. Also what is the smallest acct. possible for an ES mini not a MES.
Hi, Great videos, very clear explanations and captivating trades. I am wondering why you still have a daily job? If I could make $600/3 hours every day, I would like to swap my 8 hours daily job and add another 2 or 3 hours to trading? Unless you are a CEO of a multi millions organisation, I really don't get it. It seems like "do as I say, not as I do...". I emailed NijaTrader asking if possible to use their platform from Australia. I guess you have some subscribers or viewer asking this question already but there has been no response. Of course, you might have no idea about international traders. Keep providing a great work like that. Thanks
linuxmq I’m sure he has dreams and aspirations with whatever it is that he does. I’m sure he’s not any kind of ceo at the moment, but he might want to be one day.
Thank you for the informational videos. I've watched a few and I feel like I'm starting to learn a bit. I guess my biggest question is, if your success rate is 90-95%, why wouldn't you increase your order sizes?
That’s an excellent question. You would think he would start trading with 10 contracts eventually. In my opinion, he either blew up his account trying to do what you asked or has stepped away from TH-cam for unknown reasons.
@@vishnukumarawasthi2018 1 contract = 500$ + 500$ margin meaning if you want to trade 1 contract better put 2k to cover some loss and comission .. far from that where is this guy he has disapeared from youtube .. cant find him on facebook also .. weird
@@samder6282 he got into some legal trouble because he was selling a course and something about a guy trying to sue him because it wasn't his content, so i dont think he is allowed to upload anymore
To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor. I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
@@satishvsap For example let's say there are 1000 buy orders and 1000 sell orders which all get executed, that would form one bar (doji). So there were a total of 2000 contracts traded, when these are finished a new bar starts and so on.
Michael, Your style of scalping is exactly what I like. I'm on thinkorswimdo you think I could use the same scalping technique on their platform or should I use the same platform you are using
The futures market he is trading (and also others like YM, Nasdaq, Russell 2000, gold, etc.) are open 24 hours a day, 6 days a week with a one hour break on weekday afternoons for maintenance. Thus, these futures open at 6pm Eastern time on Sunday night, and stay open until Friday afternoon at 5pm Eastern, again with 1 hour breaks from 5pm to 6pm for maintenance. Some futures markets (like grains) have different trading hours. Hope this helps.
Thanks for watchingⓇ Send a direct msg right away. What'sapp✙❶❾❶❸❸❾❻❾❾❾❸ Get exclusive access to our ALT coin picks,👇🏽 For more info on XRP, NFT, BTC and more!..
Michael another great video ! I have a question for you. From someone who uses TOS, how can I set up my orders in a Somali fashion to you? For example once you made your point scalp, how do you set it to change your stop loss to the 1 point mark trading options ?
Michael, your explanation on buying stops as one of your trading strategies is awesome. It has helped me to understand trading psychology a little bit better. By the way, how long have you been on this trading journey? Thanks so much!
I have been trading for about 6years but started to see real results my 3rd year after I got the SQB strategy from Yuril Zubong. I was among his first SQB 500 students that changed my trading for real. He is accepting 500 people again this year and I think I can get anyone in. Just send him a mail and keep in touch with me if you are interested.
Great video! I just started trading futures as well. I would love to know how you setup your stop loss, take profit automation? Would love a future video on that?
Honestly i'm glad you did more explaining of thought process and of what you're looking for, great knowledge my dude
I am now familiar with the term "two legged pullback." i'm satisfied
A 2-legged pullback is just ANY 3 consecutive legs. If follows that every leg is the 3rd leg of a 2-legged pullback. Now that you know how to spot a 2-legged pullback, you'll be rich.
@@herrickinman9303 as long as you can guarantee it, i'm buying
@@pikiwiki All this 2LPB mumbo jumbo is just wanking off. Literally EVERY LEG ON A PRICE CHART IS THE THIRD LEG OF A 2-LEGGED PULLBACK!!! Your success at scalping has nothing to do with finding 2-legged pullbacks, because every leg on your price chart is a 2-legged pullback. The emperor isn't wearing any clothes, people!
Through this video I see when he says 2 legged pullback he is talking about double bottoms and double tops
@@herrickinman9303 not entirely, you also have to know how to count legs and when the count resets, sure if you don’t know when to reset the count then every leg is just another two legged pullback but that’s just not how you trade this pattern.
Michael, your explanations are more clear and focused than most of the other traders on YT.
i tried watching thomas wade but he is all over the place when trying to explain the concepts. i wish mike still made videos, i learn a lot from him.
Hi Michael. I picked up Futures trading recently on TOS, and i've learned a few hard lessons i wish others would talk about more. I think they'd rather talk about how profitable and easy scalping 1 point on the ES is rather than the risks and costs. 1) on TDA, the cost for 1 contract of ES all in is $3.55. This fee is charged for both the buy and the sell, so the round trip is $7.10. As a 1 point movement on ES is worth $50, this means that 14% of your trading is chewed up in fees. That was a tough pill to learn after coming from stock and ETF trading. Note: TDA seems to be the most expensive here, other brokers like Trade Station are less than half the fees for futures, so I'm considering a move there, 2) time of day has a big impact, especially if scalping. The volatility before the market opens is much less, so trading ES at this time is preferable to catch the movements. After the market opens the movement is too frenatic for me. 3) the aforementioned fees are charged regardless of your P&L, so you get charged the same amount no matter if you make $200 or lose $400. if because of the price action you aren't going to get fully to 1 point, you may have to settle for +.25 a point which makes the fee as a percentage of the trade much worse. of course with the loss you need to cover the point loss amount too, so it's a double whammy. 4) again on the issue of scalping, setting stops is much more difficult. while i can easily set a limit order for my exit, setting a stop for risk management is tougher. the price easily swings a point or more as it heads in a particular direction, and you can easily lose $50 or more as the price heads south before it heads north again. i wish more people would talk about these issues, I can accept risk, but the fees were a bit of a shock as my profit taking wasn't accounting for so much being taken out on the trade (this is probably more of an issue with scalping I know). Just means i need to target more per day to cover the fees, which of course comes at greater risk. Anyway just thought I would pass these along while they are still fresh in my head.
Hey did u make the switch from TOS
is the comission fee per contract round trip or the fee will be $3.55 whether it's 1 or 5 contract regardless of the amount of contracts your trading? Thanks
@@mfs353 since writing this post, the fees have increased slightly to $2.25 commission + $1.35 misc fees = $3.60 per contract sale. That means a round trip of buy+sell is $7.20. But I have also learned that after establishing some history you can contact TDA and they will reduce your fees. Mine currently was reduced to $2.00. Not a big discount, but i hear that you can contact them each quarter and ask for additional discounts :) And no, unfortunately this is per contract, so if you buy 5 contracts the fee is x5.
The fees on TOS are high specially if trading micro sp...
I spent a lot in fees.. if a point is 5 dlls, it means winning one point doesnot cover the fees.
@@MrGameMeister Thanks for taking the time to respond and ill definitely be calling them to ask for a discount cause if you're a small time trader or a beginner, this is shy of a highway robbery in bright daylight,
Thanks so much Mike! I watched your videos and decided to give this thing a shot by setting up demo account. I made $1000 within 2 hrs all thanks to your insightful tutorials! I have recommended your channel to my buddies.
I learned his trading Technique. And instead of doing 4contracts I do over 50 most of the time. Trust me. Thanks to this guy my life changed.
I will take two contracts a time and be happy its all about not having to do a 9-5
Bro that is what trading is all about and the way I want to trade confidently like you! You read that spot on and have an awesome method. An extra $300 to $500 per day is perfect for any trader! Awesome video and keep up the trades!
Thanks for clarifying your time zone - very helpful.
You rock dude I live this channel! Have been looking through futures vidoes on youtube for YEARS and got another good one finally.
I use it with EUR/SGD on a 30S timeframe. 1 pip plus 0.2 for the spread. It works. Even with low volume.
@@carlo9524 Hi Carlos..can u share some video on how u doing it in forex..
@@thineshmoghanan8150 The way to go is the *SQB STRATEGY* my friend. Get real institutional trading strategy and meet dope traders in the community. Hit me up if you need help getting into the course .
I find it refreshing that Mr. Chin delves straight into trading strategies without unnecessary commentary.
Great video! Which platform do you use to trade?
dang he didnt even try hard and still smiling while making money. I'm amazed)
Love your videos. When are you planning on posting more? Would love to dive deeper into the two legged pullback. Appreciate your ability to explain things in a simple manner.
can't. blew up his acct
@@crimpers5543 is this true? I noticed a lot of the e-mini TH-cam traders stop posting videos after awhile and I assume they too blew up their account.
Hi, is this CFDs on futures?
I’m taking my time this year with investing. I won’t be taking short term trades in stock or crypto. I threw in some money November last year into crypto and I’m yet to recover any tangible returns as market downtrends is still affecting the altcoin I bought. Although I’m positive about the stocks in my portfolio, all long term stock investment.
Like it or not, there are people who would most likely come out of the bear market with huge returns, NFTs are making people rich these days. If I’ve learned anything was to just do it.. go in with the right skills unless you’re ready to throw funds away.
I fixed a ton of money into some altcoins recommended on Twitter and my bag is bleeding from is dip.
@@rohitmajumdar1579 People tweet on coins to buy just to boost their bags, I learned this the hard way.
@Sean Roger I need more info on Frost Hilda’s services, what’s the most effective means of connecting with him?
Reading about people grabbing multi-figures monthly as income in investments even in this crazy days in the market is amazing.
just starting to learn about trading futures and ran across your videos, already subbed and looking forward to learning!
Can you explain the philosophy for setting of your stops? Most technical traders when doing risk management would target 2:1 or maybe 3:1 reward/risk ratio. Here you seem to be setting 1:1.75 or even 1:2 reward/risk. I understand with the price action you want to avoid getting stopped out, but to set such a ratio you really really really need to be confident with the trend.
@MrGameMeister - I thought the same but English is not my 1st language so I struggle with my words. What is your opinion on scalping options & forex compared to the futures market? I'd really like to hear your thoughts. I am based in Australia and to find a good broker here to trade futures is not easy
Price action doesn’t target a ratio. It goes by exactly what price is doing. SMC focuses on predictions etc. There is a difference between what’s said will work and what actually does 👍
Good stuff man, do you trade w algos or what? Bc those orders were triggered w automatic profit and stop orders….. unless im missing something. Also what platform is this?
AWESOME! Love everything about it!! What kind of platform is this??
Do you ever lose?? I watched 3 videos in a raw of you trading and you had 16 winning trades in a raw. This is out of this world. Well done!
Don’t trade this, not worth it unless you have the power to hunt stop losses
Plus he still go to work . And make some TH-cam video .
you are very patient. It's an excellent video with excellent commentary
hello, super nice material, in any case do you share the hotkeys that you use to put in the entry with the stop out and trailing of the last contract? Thank you, keep it up!
Thank you for the live trading session! Very nice! How much did you have in account approx when making these trades? How much did the trades cost ? How many shares or whatever you call the trade.
Beginner questions. 😉
you are a highly skilled trader. Congratulations!!
What time you start trading please? I am paper trading right on Tradovate.
Nice, What time frame chart is this?
Mr Chin pls did you use a 4h chat for this illustration?
MC that's good work fam. I'm looking to get into Futures...
hold up, you can buy and sell options on Futures?
What time frame do you cheat to find the trend? Also what time frames do you use to actually trade the trade?
Michael, today is 8/7/22. Are you trading currently and if you are how can I watch you and follow along tomorrow if I wanted to? Thank you, William
Hi mike what time zone do you live in? Is this pre market trading?
Thanks!
investing successfully in forex requires the expertise of a professional broker that is why i have made profit since i started trading with mrs Linda Bradford
wow,amazing to see others who trade with mrs Linda i am currently on my 5th trade with her and my portfolio has increased tremendously
I invest with mrs Linda too, she charges a 20% commission on profit made after every trading session
which is fair compare to the effort she put in to make huge profit
this is not the first time i am hearing of Mrs Linda her exploits in the trading world but i have no idea how to reach her
Amazing I also just started trading with Mrs Linda Bradford , she is the best at what she does with an initial
investment of $1400 i made up to $5230 in just a week of tradng with her, her strategies are mind blowing
@@robertbennett5106 kindly communicate with her on her telegram channel@ tradewithlindabradford
Do you do swing trade on futures?
how long is the cash settlement for futures?
Bro how do you have those Take Profit and Stop Losses already made for each trade?
Which broker do you trade with?
Keep watching...keep learning.
Nice videos
Thanks Jay!
what is the trading platform use when trading futures?
Your video is really cool. Which trading platform are you using?
What platform is this?
I didn’t understand how the runner works. How do you set up this kind of an order
It's called an "OCO" order. "one cancels the other order.
You should get the *SQB COURSE AND STRATEGY* at this early stage before you get initiated into the propaganda disguised as education on youtube.
How do you set it up to make the one runner sell automatically when it goes down a certain amount?
you can set it up automatically. he has a video on setting up ninjatrader 8
It doesnt make sense to me and I am a high level futures trader. What time frame is he on?
he's on 2000 tick chart.
You can see the countdown at the right bottom corner.
Hey Michael, the videos are awesome thank you! Are you going to do anymore? Its been a while! In advance thank you!!
How much buying power or available money in your trading account do you need to place one of these contract orders?
What futures broker do you suggest for beginners with very small accts. looking for the cheapest fees, cheapest feeds trading the ES mini. Also what is the smallest acct. possible for an ES mini not a MES.
Do you do live Zoom meeting when you do your trading? I’d love to trade along side you. Let me know.
Hi Matt, give me your instagram i want to show you some trading opportunity :) and hopefully you learn how to trade
MartinJKBL Cz I’m interested
Which platform would you recommend to trade
futures?
Nice videos, Good work! Paul
Good video. Informative. What is the time chart you are using for your trade?
Excellent video, I am learning and loosing money, how do you set up the buy, sell and stop limits so fast? can you show me the set ups?
what platform do you use to enter trades
do you use a hot key to place orders faster? like do you have a specific hot key for putting a buy limit order?
Hi,
Great videos, very clear explanations and captivating trades.
I am wondering why you still have a daily job? If I could make $600/3 hours every day, I would like to swap my 8 hours daily job and add another 2 or 3 hours to trading?
Unless you are a CEO of a multi millions organisation, I really don't get it. It seems like "do as I say, not as I do...".
I emailed NijaTrader asking if possible to use their platform from Australia. I guess you have some subscribers or viewer asking this question already but there has been no response. Of course, you might have no idea about international traders.
Keep providing a great work like that.
Thanks
linuxmq I’m sure he has dreams and aspirations with whatever it is that he does. I’m sure he’s not any kind of ceo at the moment, but he might want to be one day.
How much money per contract? Trade spy options but want to go to futures pdt rule is killing me on profits not being able to trade more
Awesome explanation! So many guru's, so little time, lol.
Yes. This is true
Thank you for the informational videos. I've watched a few and I feel like I'm starting to learn a bit. I guess my biggest question is, if your success rate is 90-95%, why wouldn't you increase your order sizes?
That’s an excellent question. You would think he would start trading with 10 contracts eventually. In my opinion, he either blew up his account trying to do what you asked or has stepped away from TH-cam for unknown reasons.
Hey my question how much will cost him to buy emini futures for eg 1 contract
@@vishnukumarawasthi2018 1 contract = 500$ + 500$ margin meaning if you want to trade 1 contract better put 2k to cover some loss and comission .. far from that where is this guy he has disapeared from youtube .. cant find him on facebook also .. weird
@@samder6282 he got into some legal trouble because he was selling a course and something about a guy trying to sue him because it wasn't his content, so i dont think he is allowed to upload anymore
@@dylankoch4629 Great information ✨👍, btw what time frame is he using?
To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor. I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
Impressive can you share more info?
Rebecca Noblett Roberts is my licensed manager. Search the name. and you’d find necessary details to work with to set up an appointment.
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
AND DO U USE.LEVERAGE ?
Way to go!!! Thanks for the info!
What brokerage were you using? TOS?
Thanks for the video Michael. Super impressive! Can you tell us the time frames used please? cheers
No time frame its the 2000 tick
what time frame is he on
what time frame are you using? I love this and thank you for sharing
He's using a 2000 tick chart instead of a time frame, meaning each bar represents 2000 transactions.
@@RagnetulCarpatilor 2000 lots you mean? ( includes 1 buy or 1 buy and 1 sell = 2 ? ) ?
@@satishvsap For example let's say there are 1000 buy orders and 1000 sell orders which all get executed, that would form one bar (doji). So there were a total of 2000 contracts traded, when these are finished a new bar starts and so on.
@@RagnetulCarpatilor sounds great do u trade futures?
@@satishvsapYes, pretty much what this guy does in the video
Can u pls share your stop loss setup?
Hello can you show me exactly how you set up your chart ? I’m new and do not have a lot of experience.
Michael,
Your style of scalping is exactly what I like. I'm on thinkorswimdo you think I could use the same scalping technique on their platform or should I use the same platform you are using
you can use the same setup on thinkorswim
How many seconds or minutes to do you use?
man nicely done. just love the way you was calling does play before it happens. much respect. i see a bright future for you kid.
Which software are you using? Good video series. I don’t use Facebook so I can’t see the group. Thx
@Michael what timeframe are you using?
what platform are you trading on here?
i love this guys energy
what time does the future markets open?? Im a newbie ibeen researching ive been getting diff times..im interested in YM ES ZB UB eastern time ?
The futures market he is trading (and also others like YM, Nasdaq, Russell 2000, gold, etc.) are open 24 hours a day, 6 days a week with a one hour break on weekday afternoons for maintenance. Thus, these futures open at 6pm Eastern time on Sunday night, and stay open until Friday afternoon at 5pm Eastern, again with 1 hour breaks from 5pm to 6pm for maintenance. Some futures markets (like grains) have different trading hours. Hope this helps.
when do you stop trading a futures contract? I'm horrified of not being able to close my position before the expiry date.
what broker are you using?
Yes !!!please what broker are you using???
Bro... your style is Dope.. I wanna learn that.. that was so cool hommie... God bless you...
Michael, enjoy the video`s can you do a video on setting up the amount of $ I use to trade. keep it up.
You need $500 per contract. That means he's using $2000 for 4 contracts.
Hi Nick, I wanted to ask how much money you put in a trade to be able to earn this ?
How much is the commission for each contract?
what trading platform do you use?-Tradestation?? I am going to follow you asap & get software etc. thanks
Thanks for watchingⓇ
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Hyey. I really love your videos. Can you please show how to put bracket orders on TOS for futures. I couldn't find anything online.
Michael another great video ! I have a question for you. From someone who uses TOS, how can I set up my orders in a Somali fashion to you? For example once you made your point scalp, how do you set it to change your stop loss to the 1 point mark trading options ?
does the futures market have better times of day to go long or short like the equities market?
Michael, your explanation on buying stops as one of your trading strategies is awesome. It has helped me to understand trading psychology a little bit better. By the way, how long have you been on this trading journey? Thanks so much!
I have been trading for about 6years but started to see real results my 3rd year after I got the SQB strategy from Yuril Zubong. I was among his first SQB 500 students that changed my trading for real. He is accepting 500 people again this year and I think I can get anyone in. Just send him a mail and keep in touch with me if you are interested.
How much money is needed in your account to buy 3 contracts
Would you suggest start trading after market since it moves slower?
How u make that Blue line doe🤔
Great video! I just started trading futures as well. I would love to know how you setup your stop loss, take profit automation? Would love a future video on that?
Do you have stop loss set up at a certain point?
Awesome vid!
Nice job.
what broker is this?
What are your buy stop settings?
Keep up the good work
Will do!
Is it possible to place buy limit order higher than the current price. Doesn't it instantly put you on position ?
What are the straight yellow lines? I’m still new
Upside trent
Hey bro / what do you use to crest your thumbnails?
TeXtMe DiReCtLy I have something profitable 🔝🔝.
Hey Michael, good videos, I learn a lot from you.
How much capital you trade with ?