This is how i do it
Using a 10 minute chart
I trade the Mini S & P 500 for 3 points or $150.00
I trade Gold for 1 1/2 points for 150.00
between the trades $300.00 a day
$300.00 x 5 days = $1500.00
$1500.00 x 46 weeks = $69,000.00
Easy supplemental income
Thanks very much, Mike!
Great charts!
Great strategies!
Great sharing!
Not so great honesty about trading )-:
You forgot to leave out all the times when you(the trader) is WRONG AND LOSES MONEY!
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With almost every job, when you do the work..........YOU GET PAID!
With trading, you can do lots of work but position wrong(because nobody knows the future with certainty)..........AND THE MARKET TAKES MONEY AWAY FROM YOU!
People love to come here to tell us what they did AFTER a trade that made money.
That's ok.
Even better, show us great charts like you(and others do) and/or tell us what are the factors impacting certain markets or anything related to understanding the markets. Like the strategies that you use, Mike......much appreciated.
But I'll bust you for trying to sell that first post in this thread because its blatantly dishonest for readers that don't trade and might actually believe it.
I've been trading steady since 1999,been posting here almost as long! Considering what I have been reading here,not much happening. This example is how I trade/scalp. I was hoping to draw some interest back to this site but its pretty much dead! I'm not trying to bust your balls but .........
I've asked you several times, what is the difference between partly cloudy and partly sunny ? So who is really sowing unproven theories?
Thanks much, Mike!
All your posts and comments are extremely welcomed and appreciated here.
Please try to have the humility to admit when one of them was grossly misleading and i did my job as moderator and professional trader to point out the blatant flaws.
thanks,
mike
even if you can’t…….thats cool too.
We love you and your posts however you want to express them!
I love your question too, Mike!!!
the main difference is that party sunny can only be used during the day.
but partly cloudy and partly sunny have pretty much the same meaning for most meteorologists during the day.
when back home, I’ll post a graph with all the sky cloud cover conditions for you.
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https://www.weather.gov/ppg/forecast_terms
The sky condition describes the predominant/average sky cover based on percent of the sky covered by opaque (not transparent) clouds. If a high probability of precipitation (60% or greater) is expected, then the sky condition may be omitted since it is inferred from the precipitation forecast.
| Sky Condition | Opaque Cloud Coverage |
| Clear/Sunny | 1/8 or less |
| Mostly Clear/Mostly Sunny | 1/8 to 3/8 |
| Partly Cloudy/Partly Sunny | 3/8 to 5/8 |
| Mostly Cloudy | 5/8 to 7/8 |
| Cloudy | 7/8 to 8/8 |
Written By
Investing Expert Writer
https://www.forbes.com/advisor/investing/commodities-trading/
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Master the art of commodity trading
Written by CFI Team
https://corporatefinanceinstitute.com/resources/commodities/a-guide-to-commodity-trading-secrets/
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https://www.businessinsider.com/personal-finance/investing/best-brokers-futures-commodities-trading
https://www.alberta.ca/how-to-use-charting-to-analyse-commodity-markets
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Technical Analysis of Commodity
Markets: Emphasis on Bar Charts
https://agecoext.tamu.edu/wp-content/uploads/2013/10/rm2-24oh.pdf
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Wonderful trading threads to understand weather and many other factors which impact prices, especially technical:
Wheat Hourly Chart
Started by mikempt - Aug. 27, 2024, 4:40 p.m.
https://www.marketforum.com/forum/topic/106998/
Gold Trading Range
15 responses |
Started by mikempt - Aug. 4, 2024, 8:29 a.m.
https://www.marketforum.com/forum/topic/106400/
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Beans
48 responses |
Started by baker - Aug. 8, 2024, 7:36 p.m.
https://www.marketforum.com/forum/topic/106521/
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Corn
10 responses |
Started by baker - Aug. 11, 2024, 11:45 p.m.
https://www.marketforum.com/forum/topic/106574/
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Nat. Gas
15 responses |
Started by baker - Aug. 11, 2024, 11:38 p.m.
https://www.marketforum.com/forum/topic/106573/
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Unleaded gas/crude
6 responses |
Started by metmike - Aug. 25, 2024, 8:56 p.m.
https://www.marketforum.com/forum/topic/106934/
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oil charts
22 responses |
Started by fays - June 17, 2024, 10:08 a.m.
https://www.marketforum.com/forum/topic/105016/
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Sp 500 diamonds for ever--
59 responses |
Started by fays - June 7, 2024, 2:27 p.m.
https://www.marketforum.com/forum/topic/104700/
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SPY Option Strangle
3 responses |
Started by mikempt - Aug. 12, 2024, 2:28 p.m.
Thanks MikeMPT! I was just evaluating copper for a possible trade and thought what would MikeMPT system recommend but couldn't remember the particulars of it.
Thanks, buck1400!
Another person that appreciates you here, Mike!
