#💬hangout
1 messages · Page 231 of 1
Try ic markets or vantage for small accounts on forex
IC seems better for small accounts
move it to MT4
you can place 0.1 lots
except gold which is 0.5
or withdraw and open with IC
@gilded sleet apply for more trading capital
is mt4 just an app?
Yes
i dont have a broker i dont think
Ig is your broker
you setup an mt4 acc in ig
is it a CFD or a spread betting account
Spread Betting = tax free 🙂
that one it is then aha
(unless it's you sole income... which hopefully it isn't....)
yes
is there any way to move money around my trading accounts on IG or do i need to withdrawl the funds and add them again
I dont think you can "do it" manually - I think you need to either call them or do as you say @gilded sleet
Ah okay ty
Any advice on how to use the volatility to avoid consolidating?
stat out of that market & wait for a new trigger
Yeah done that a few times but in consolidation
^ And in terms of using LV basically if you see a low volatility rating e.g. < 30/40% maybe try stay away
Or if you notice LV starting to fall again you want to avoid this
Brilliant thanks
Top of the morning my fellow traders!!!
Yes got 3 winners in the bag already
Good
Which tf do you guys trading?
Forex
Mean timeframe
4 hour and day for me
Same here
Is your setting default
I’m on long position: gbpchf, Gbpnzd, eurnzd, euraud.
Great trade last night on the NQ e mini The original strong buy was 10459 and the sell signal didn’t trigger until 10514 that’s a nice ride!
U aint playing, u hopped in?
Nope. I just using fibornacci to measure the profit
Ok
Gotcha
But usdjpy is very good position you have there.
Waiting some stocks signals 🙂
Anyone using Lux Algo with breakout and retest strategy?
@quasi obsidian I don't know how to :)
what do y'all think about gold rn?
aliens
i think its going down to 1925
I don’t think it good idea to short gold on a bull trend
Follow the trend. Look for long
Ye i know its not a good idea, but i know what I am doing, i already closed my position anyways with my daily goal 😄
Guys time is not accurate
What do you mean?
I was checking 5 min time frame
But it shows 9 o'clock
CGx 7.85 now but it shows 7.95 and says Strong buy
I don't get it
Check the clock it shows 09.00
change time zone on tradingview
Post that ticket under the #💰share-profits tab!
Hey guys so I want to do like 20 pips a day on forex what do you guys think is a good setting for 15 min chart
yes please
@harsh obsidian If you want to make 20 pips a day, I would recommend you 15m chart, cause you are catching these small moves
focus on london and NY session
Yea but what is the best setting for lux for the 15 min
somewhere around 4.
4 for the sensitivity?
yes
Sweet thanks guys
Got moderna 1D strong buy signal
Anyone from Canada ?
Anyone from Canada ?
@dim acorn right here. Edmonton, AB
Do you guys suggest using an account that is in dollars for trading US stocks? As was testing out a new strategy, put £300 in google Friday at 1511, now at 1521 and says I'm at a loss of -0.57p. So would that be the exchange rate maybe?
That could also depend on your actual trade itself. You did a call option, I assume?
No not doing options... yet, just on a practice account with trading 212
Fractional shares?
yes
Maybe? Exchange rate is the only thing i could. Between that and broker’s commission
Yeah guess I'll just open an account on robinhood in dollars for now and see if its any better
Update looks awesome, do I have to redo my alerts after updating?
Alerts are not affected
Amazing
loving the new update! testing out the alerts now
Lux signals are insane
Shop 1265 cad to 1285cad $20 signal
Awesome
Made $180 in 30 min
@thin trail @empty solar This update is awesome
For version 2.6
Im gonna mess around with it like a mad scientist haha 🧪
Can we get the newest version?
@dim acorn remove the script from your chart then refresh your tradingview page, then add Lux Algo back to your chart, and the new version should automatically appear 👍
No problem 👍
They added automatic trend lines and linear regression. Im gonna have to do some research on linear regression but from messing around with it, it looks awesome
The automatic trendlines really come in handy with the automatic support and resistance 😎
Hey guys how can you backtest Lux algo on tradingvieuw?
!backtesting
Information regarding back-testing data and % accuracy: https://luxalgo.com/apps/help-center#!how-accurate-are-the-signals
@dense palm enjoy 😉
Thank you
Those trend lines 😍😍
IKR
Literally makes it so much easier
@empty solar Could you explain more about the Linear Regression Forecast please. I read the description on your website, but should we use it more for direction of the asset?
Kinda like a trendline maybe?
@dense palm It's like a little prediction
For the price movement
It's a line that best fits the current data
Anyone on here ever do a live trading session with lux?
@empty solar Awesome thank you
do you guys act on buys/sells or only strong buys/sells? cause i noticed on some charts sometimes the buys or sells if you look back should have been strong but weren't
or in other cases it was strong but it really should not have been strong
Lux Algo V2 Signal Terminology: https://luxalgo.com/apps/help-center#!hc-signal-terminology-1
You can take normal signals as long or short positions if you believe in them strongly
Also be aware that normal signals can turn into Strong signals as candles turn green or red from purple
All about risk to reward. I’ve gone in on weak signals before.
new update is grate like always
❤️ appreciate it
Hey guys I'm feeling a little lost.
Anyone that uses it for forex can give some recommendations? =) such do you use henkin ashi or candles with optmization? Also what TimeFrame do you prefer to trade with lux algo? Like 5m 1h 4h?
Yes it can be both
Actually I'm having a good for a while just struggling on defining a great tp or an exite rule
Also, really lovely the new 2.6 version 😄 great job for the developers! =D
3-0 for a scalper. How great is this update!
hahahah that flatline
@empty solar could you check APHA ? Should I leave as it or sell
How do you make the linear like darker so you can see it
You can't sadly
@dim acorn I'm just the programmer
Up to you - you're the trader 😉
Thanks dude
@vagrant meadow That SPY Breakout was beautiful
Tape was looking decent too
@raw jay for Forex I like to use the 30 minute timeframe with the default forex settings (3.7,1.74,20). In terms of your SL I would look for candle wicks or a key level and same with your take profit, you can always use ema's to help with your stop loss or Take profit as well. I personally like to use VWAP on the lower timeframes. The equalizer band also really helps as well.
Basically for Strong buy + buy
or Strong sell + sell
So it puts them together in one alerts
Ooh that's nice =)
so how's your guys' day going? LOL
or better yet
"I see fields of green"... https://www.youtube.com/watch?v=CWzrABouyeE & https://www.youtube.com/watch?v=V1bFr2SWP1I
monster day, glad I worked on those settings last night
Good work boss 😄
jk, but seriously though, that was a nice day 🙂
and this is the part where I go to sleep and lose 30%, so don't go nuts, kids
OOH
side tip: if you're not following along over at https://www.quiverquant.com/, you'll want to get in there and have a look around
especially the closer we get to November, if you're trading US
Quiver is some badass voodoo
I'm still working on getting to $25K, so you'll need to have fun daytrading w/o me until then
How was the day guys
@dim acorn I didn’t do ANYTHING. I had two job sites back to back with poor reception so by the time I got signal I had already missed the plays. Template went 3-0 though! Lux is great ❤️
$AMZN will definitely burn you if you get stuck. I try not to stay in any longer than I have to. It’ll pump 20 points the opposite way before I know what even happened
@dim acorn where are you located?
@vagrant meadow yea man I fucked my account today big time
I need much much better platform
Out of curiosity what timeframe do y’all use for btc
@haughty wolf I’ve lost big time 3x. Don’t sweat it. You’ll make it back 🤠
@dim acorn so cool! So wild talking to people from other countries 😃
Yeah this year I've lost 17k on Amazon @vagrant meadow
@vagrant meadow where r u from dude ?
@haughty wolf ouchh
@haughty wolf don't be aggressive to get your loss back bro. Be patience
I’m in Indiana, USA 🇺🇸
Where exactly in USA
I grew up in NY
Long island baby
Lux deserves better
Come on people we should share more
@empty solar where do I get the referral code
@empty solar can I ask you a private question
Saw the contract testimonial was wondering how he did contracts
@mortal gyro I saw your contract testimonial, how are you doing contracts?
Saw @muted ivy in #💰share-profits ,, you went 5:1 !! So happy for you 🤩
@vagrant meadow thx 💯
@dim acorn have you tried tradezero?
what chart do you guys use to trade weekly options? 1D doesnt seem to be working well for me...
that's right
i was trading so blindly before lux! such a great tool to have!!
@scarlet salmon So if your trading daily candles it's only been a single candle so far?
@muted ivy Thank you sir 
yeah im just wondering what are people using for weekly options
thoughts on london session for forex? Do the pairs move more often?
ok thank you
Np
Bitcoin reached its limit?
What's the suggested stop on the lux dashboard mean
!dashboard
To learn more about Lux Dashboard: https://luxalgo.com/apps/help-center#!hc-lux-dashboard
It’s a suggested Stop-Loss
Oh ok that's what I thought
So is the way the auto regression line works is that the way it's pointing is the likely direction of the market?
Yep basically just a forecast that gives the user a small insight into the possible average movements for the asset in the future.
Oh ok nice, that's a great update. You guys rock
Thanks! @odd moat 🙂
Good morning yall!!
good morning
trust the process, woke up to 2 more winners!! Lets get it, wish all a prosperous day!
Anyone knows about interactive brokers platform ?
My acc just opened. I’d like to learn some tips actually. Especially OT
I'm still not able to update to lux 2.6
To update Lux Algo V2, refresh your browser / screen and remove it and add it back to your chart.
Read more here: https://luxalgo.com/apps/help-center#!hc-how-do-i-update-my-scripts
"If this doesn't work, try to remove every indicator from your chart, then save your chart layout, refresh your screen, then add Lux Algo V2 back to your chart. If you're on mobile you need to close out of the app completely after removing an older version from your chart."
email support@luxalgo.com 🙂
Everything is always on our website guys 🙂
If you go on resources we put all the info people should need
@haughty wolf A few assets data is a little delayed
99% are live
@empty solar thanks I was just wondering
take a look at KODK!!!
Omg 232% what a ride
EURJPY about to pay today
Clean chart
300 pip drop in coming
Trend break. Just my opinion.
Trend break --> retest?
To update Lux Algo V2, refresh your browser / screen and remove it and add it back to your chart.
Read more here: https://luxalgo.com/apps/help-center#!hc-how-do-i-update-my-scripts
more room to go?
Get that bag
Why is the stocks scanner so quiet
@shell jungle market just opened a lil while ago let some movement happen
Oh yeah it’s in the nasdaq
CHFJPY setup i
If you took the setup we up👍🔥
Fuck my whole day up!
??
!update
To update Lux Algo V2, refresh your browser / screen and remove it and add it back to your chart.
Read more here: https://luxalgo.com/apps/help-center#!hc-how-do-i-update-my-scripts
@vagrant meadow trade went south
Dang. Can’t win them all 😟
Yea gonna clear my head and focus on the next one
All I’ve done so far is a baby scalp
Nice work!! All I need now is consistency on my end😩 😩
what chart are you guys using for weekly options?
30M? 1H? 2H?
problem with tradingview is they dont have an options chart, ThinkOrSwim has it but Lux isnt on there :/
Which options?
any options. ToS you can see the charts for any option chain
are the lux scanners delayed? For example I see today at 1130am that it alerted V as a buy signal but on tradingview it shows the signal was yesterday at 1:30
ZM*
!visible
Our Discord market scanner alerts all use the following:
- Heikin Ashi Candles
- Default Lux Algo (V2.5 inputs & no toggle options enabled)
- Normal trading hours (no extended hours)
- Main exchanges / brokers such as NASDAQ / TVC / OANDA / COINBASE / BINANCE
TradingView alerts are set per your exact settings, timeframe, and enabled toggle options at the time you set the alert.
Adding the Equalizer band makes it require more confirmation to register a signal as "Strong".
No they are all in real time
i noticed that too though is there a reason for the discrepancy
They come at candle close
When is a signal confirmed? https://luxalgo.com/apps/help-center#!hc-when-is-a-signal-confirmed-1
What are you guys watching rn
ocgn but looks like the current moves abt to be exhausted
@novel ore think it’s going there?
Very likely the DXY just got a sell signal as well still crashing down , bye bye dollar /:
Invest in crypto and become a millionaire
XRP TERNIO BTC XLM , lmk if you have others you like
@novel ore just btc right now
Look at SHOP why are the alerts saying strong buy after it already said it on the chart
!visible
Our Discord market scanner alerts all use the following:
- Heikin Ashi Candles
- Default Lux Algo (V2.5 inputs & no toggle options enabled)
- Normal trading hours (no extended hours)
- Main exchanges / brokers such as NASDAQ / TVC / OANDA / COINBASE / BINANCE
TradingView alerts are set per your exact settings, timeframe, and enabled toggle options at the time you set the alert.
Adding the Equalizer band makes it require more confirmation to register a signal as "Strong".
They're appearing normally for me @shell jungle
Yep so that's the 4H
it's confirmed on candle close
so the candle closed and the alert went off
!confirmed
When is a signal confirmed? https://luxalgo.com/apps/help-center#!hc-when-is-a-signal-confirmed-1
So how can I get the signal once it comes up
The signal appears on your chart during the life of the candle it's on
And the signal is confirmed (meaning it's official and it's permanent on the chart) once the candle closes.
Oh so I have to wait for the candle to close for it to say strong buy even though it said that in the discord
Oh but it says strong buy on SHOP at 18.30 but is not confirmed on the chart
On the 4H timeframe
Yeah
Our Discord market scanner alerts all use the following:
- Heikin Ashi Candles
- Default Lux Algo (V2.6 inputs & no toggle options enabled)
- Normal trading hours (no extended hours)
- Main exchanges / brokers such as NASDAQ / TVC / OANDA / COINBASE / BINANCE
TradingView alerts are set per your exact settings, timeframe, and enabled toggle options at the time you set the alert.
Adding the Equalizer band makes it require more confirmation to register a signal as "Strong".
I checked, it's working properly
Send a screen shot of SHOP please
Oh so I should have jumped in once the chat confirmed
You get a notification
and no, you're not supposed to just take the signals blindly
you could, of course
!risk
To learn more about Entries & Risk Management with Lux Algo V2: https://luxalgo.com/apps/help-center#!hc-entries-risk-management
TradingView shows UTC by default
It's the same data though
Regardless of the timezone
It happened at the same time as the candle closed and the signal was confirmed
See the chart you sent like 10 messages ago, it's correct
So it’s still expecting it to go up
Yes a strong buy would suggest it expects it to go up
But of course you need to confirm you believe that too
I just thought it would notify me and on the chart right than it would say strong buy
How to set up alerts in TradingView: https://luxalgo.com/apps/help-center#!hc-how-do-i-set-up-alerts-on-tradingview-1
ive just added funds to my MT4 SP account on IG
but its not showing the funds in my Metatrader account on my phone
is there something i need to do?
hey guys any ways to find good stocks to trade with lux
The following is the list of assets our Discord Market Scanners cover.
Timeframes include: 2H, 4H, 1D, 1W on each asset with standard Lux Algo V2.6 settings & HA Candles. (no toggles enabled).
STOCKS:
FB, AMZN, AAPL, NFLX, GOOGL, TSLA, BA, DAL, AAL, LUV, UAL, ROKU, AMD, NVDA, CMG, SHOP, RCL, CCL, NCLH, SQ, ZM, MA, V, SPCE, SNAP, MSFT, BABA
FOREX:
GBP/USD, EUR/USD, USD/JPY, USD/CHF, AUD/USD,
USD/CAD, NZD/USD GBP/CAD, GBP/JPY, GBP/CHF,
EUR/GBP, EUR/JPY, EUR/AUD, AUD/CAD, AUD/JPY, AUD/CHF
CRYPTO:
BTC/USD, ETH/USD, XRP/USD, BCH/USD, LTC/USD, BNB/USD, EOS/USD, XTZ/USD, LINK/USD
INDEX:
SPX, DJI, IXIC, E100, CAC40, DAX
COMMODITIES:
XAUUSD, XAGUSD, XPTUSD, USOIL, SUGARUSD, ZR1!, ZW1!
any one on here been trading more than 3 years
Depends, im trading for more then that, but it was never main source of income.
@stuck frost 😂😂
I've been paper trading today with lux im green on every trade
Any advice I'm new here > I've been paper trading today with lux im green on every trade
@haughty wolf
How do I set it so I’m notified as soon as the signal comes up
!alerts
How to set up alerts in TradingView: https://luxalgo.com/apps/help-center#!hc-how-do-i-set-up-alerts-on-tradingview-1
It's all on our website @shell jungle 🙂
We put a lot of effort into making it simple to follow 🙂
I don’t understand
What don't you understand?
hey not exactly a question abt lux but abt options in general
after hours jus started and my put contract for cron skyrocketted
is that going to hold up or no
like until tmrw morning
I think I set it right
for more TV alerts you need basic subscription ?
@dim hull Yep for more alerts
@dim hull Yep for more alerts
@empty solar cool yhanks
So I put on trading view to notify me every strong sell, strong buy ,and buy and sell on once per bar close
Is that right for it to notify me as soon as the signal comes up
That shall send a notification correctly
Thanks
But please before entering a trade do your own analysis
Depends on the asset but if you like to scalp probably
It depends on your style
play about
There are thousands of combinations 🙂
What’s is agility and smoothness
!settings
More info on changing the input settings on Lux Algo V2: https://luxalgo.com/apps/help-center#!hc-adjusting-input-settings
We explain on the website 🙂
@shell jungle I’m currently running 5,2,20 and am having pretty good luck
@vagrant meadow and you scalp
Yep. 5min candles
Where is the strong sell on the chart
🤨
Disable your equalizer band and you’ll see it
How
Gear ⚙️ icon,
Oh yeah done it
Next to Lux Algo
Thanks
🙂
When your scalping say rcl with the 5 min will it come up with a buy or sell in time
Yep
Nice
So sometimes the strong buy signal and sell signal will end up being on the same level. Because the bar lengths can vary. How does everyone else approach this?
Is there anyone who is doing Option trading ? I’d like to get some tips
Has anyone used the Lux Algo forex signals on Nadex?
Oh starting to get the hang of this so the signal comes up once the bar is closed witch helps me with uncertainty
Correct 🙂
So if there is a big candle and it says strong green does that mean that the candle was big or there is a possible up trend or both
Lux Algo V2 Signal Terminology: https://luxalgo.com/apps/help-center#!hc-signal-terminology-1
All on the resources page with videos 🙂
@opaque rapids DM
Hi, 2.6 with trend line is so cool
will it make much more accurate trend if I use tradingview pro or premium (more data)?
and is default settings good for H4/Daily charts?
(oops wrong chat, my bad!)
@velvet ore def premium
thank you!
!lines
Read more about Auto Trend Lines & Linear Regression Forecast: https://luxalgo.com/apps/help-center#!hc-auto-trend-lines-linear-regression
follow 3 steps in article
zoom out for it to load
zoom out on chart for it to register more data
People that use this for stocks, is it like a Forex thing where you’re not actually paying for the stock or do you guys just have huge accounts? For instance I seen a person on here talking about the Tesla stock which is over $1k per share 😳
@thin trail bro u should help me
What are the best settings for 2.6 ?
And I don't see any trendlines :(
@dim acorn go through the 3 steps
zoom out more or go to a different timeframe so the data can load for the trend lines
!settings
More info on changing the input settings on Lux Algo V2: https://luxalgo.com/apps/help-center#!hc-adjusting-input-settings
there are no “best settings” read more ^
@soft locust how did u catch on kodak so quickly
People that use this for stocks, is it like a Forex thing where you’re not actually paying for the stock or do you guys just have huge accounts? For instance I seen a person on here talking about the Tesla stock which is over $1k per share 😳
@wild temple probably leveraged mate. I do through cmc
People that use this for stocks, is it like a Forex thing where you’re not actually paying for the stock or do you guys just have huge accounts? For instance I seen a person on here talking about the Tesla stock which is over $1k per share 😳
@wild temple a lot of us day trade I think. you need $25k min for day trading. and by nature you dont hold stocks or options that long when day trading
Morning all
What's cooking? I have GBPUSD long scalp
why?
in 36 mins it will go volatile
Bell
ding-dong
London open
I have a good profit which I intend to close out before 8am
long term trend is up
👀
Closed
typical
I TP
looked wobbly
yo
hey @gilded sleet
had to take some time out of trading but we back
Does anyone have any recommendations for settings to scalp or day trade
@hidden moss I’ve been running 5, 2, 20 and have had success.
does anyone trade with meta trader, im trying to work out how i calcualte lot size?
nice
yeah but i want to work out how much of my account i am trading
so i know how much margin i have in a trade Ect
how do i link it in MT
ok ive done that
where do i pull it up in MT?
"Market"
@raw jay talk in here ☺️
Oh sure! 🙏 my bad
hey guys, i'm looking for some help. I'm having a hard time finding a strategy that works for me... I've tried smaller time frames, higher time frames, playing only with the oscillator but at the end I'm having more loss than win and have lost a few €.
What setting do you use Gecko?
Do you have a profitable strategy without lux Frenchie?
@raw jay depends on the asset and timeframes
Let's say 1 hour for example
@empty solar not at all
i believe in lux but can't find a good strategy that suits me
I'd recommend sticking to high timeframes and using the trend line and support resistance to trade with
That's always been my fave methos
Method
@raw jay which asset though, it's not one size fits all
ok @empty solar will look into it thanks
Like forex, eur gbp for example, in 1h
Which sensitivity agility smoothing do you suggest?
Oh also what do you prefer to trade? Like cripto, índices, forex, stocks? 🙂
Love the trend line :))
Wish I could help, scalping is not for me
I stick to intraday, day trades
actually
I think it might be one of the guys in the cactus jack album
Jackboys
innit
any can i only see some charts on MT4 on desktop
im trying yo open a trade on USDCAD but i cant find the ticker for it on 'new chart'
@gilded sleet you need to add the symbols
they are disabled by default
@gilded sleet CTRL + U
Hello everyone, I wanna ask a few questions as I want to move into other areas of trading and now I will try out scalping
What time frame is recommended
What indicators are the best to use
Which type of stocks should I target (such as penny stocks etc)
@hidden moss 1min, 5min, 15min is typical for scalping... indicators is what you like to look at, but you’ll need to be able to measure momentum and OB/OS areas. Pick stocks that actually move. Volume of at least 1 million, beta of 1.00+
I never use indicators gust greed and fear
@shell jungle whatever works for ya 😄
TQQQ and SQQQ are leveraged "indicators" that I've scalped before
I've moved over to swing though, because I have a day job and it was annoying to watch it all day, even with the alerts
Now I work off of signals from Lux on 30m chart, but tune Lux to match signaling it does on a 2h
I mostly do leveraged crypto, and have been swinging between 1-3% per 24h on Lux 2.6.
When BTC and ETH popped up the other day, it was a 7% day for me, but came back down a little
I trade btcup-usdt/btcdown-usdt, ethup-usdt/ethdown-usdt and adaup-usdt/adadown-usdt on Binance. Each of these 6 have different Lux settings I'm using to signal.
Also do BTC, ETH and LTC on Robinhood, plus TQQQ and SQQQ
@calm dust What settings do you use for BTC ?
BTC-USD on Robinhood, or BTCUP-USDT and BTCDOWN-USDT on Binance?
what do u use for robinhood?
@calm dust binance
For Robinhood I'm using the Coinbase 30m BTCUSD chart with Lux at 6.5, 1.95, 90. It should trade every few days. I also use an ATR trailing stoploss + indicator and a TTM Squeeze indicator you can see here @stoic mirage : https://www.tradingview.com/chart/rusgcdXr/
thanks!!
@wild temple : For Binance I'm trading the 3x leveraged tokens BTCUP and BTCDOWN. BTCUP is using (7, 1.96, 65) and BTCDOWN is using (6.45,2,75) and again, I'm using this with the 2 other indicators I just mentioned and show at the link above
SQQQ just signaled a sell, btw
Awesome, thanks!
Unfortunately I don’t have that one on my mt4 so I can’t trade it
What platform are you trading that on?
Robinhood
the nice thing is that it's the inverse of TQQQ
So if I have to sell SQQQ the same day I buy it and don't want to get flagged for pattern day trading, I can at least buy TQQQ and balance them out - put things on pause
I don't make what I would have holding only TQQQ, but at least it stays still
until I can sell SQQQ the next morning
Are you using the fractional shares on Robinhood?
yeah I just chuck in whole dollar amounts, easier to keep track of how it's doing
Like $2000
Ok yea I signed up for the waitlist yesterday for the fractional shares ability
ETHUP signaled a buy and ETHDOWN signaled a sell 3.5 hours ago
What is the variation on the up and down part for instance what’s the difference between BTCUSD, BTCUP-USD, BTCDOWN-USD
Here's ETHUP and ETHDOWN with the settings I'm using
I've been attempting to trade both sides to catch consistent upsides as they oscillate
Are you trading those on binance?
yes
You'd think that when one says sell, you should buy the other one - but I learned that one the hard way. You have to trade them as if they're totally separate because it's not a perfect tracking between them
Ok so now is trading those on binance like Forex where you do lot sizes?
Ok I see
right now LTC is the only thing I'm in at Robinhood - no inverse trading there
currently in on LTC, ETHUP and BTCDOWN
Do you also trade forex/crypto like on mt4
I've never used MT4
Or any other broker
just Binance and Robinhood at the moment. I have Coinbase/Bittrex & Vanguard accounts for traditional tax-leveraged stuff
nope, I try to avoid fees, as you can see by my Robinhood - Binance - Vanguard preference 🙂
Does binance or Robinhood do Forex or are you not in Forex?
I'm not in ForEx, but with the way everyone else around here talks about it, I've been thinking about it 😄
Ahh gotcha, yea I mean from the looks of how you have your charts dialed in I’d say you’d probably do quite well
yeah I've just never looked into it
Yea I’m the same with robin hood, waiting to get that fractional share ability then gonna get started in robinhood as well
my problem is that I'm under $25K on Robinhood, so I can't jump in and out
well, not yet anyway
What’s there’s rules for that as I would be under 25k as well
Hmm maybe I’ll hold off on that until I’m able to fully find that 25k
Yea I’ll do Crypto there as well, I wonder how the fractional shares work as far as the day trading goes
@dim acorn lux gave me the “buy” signal and I read the news they beat earnings so I bought in. Then sold before the market opened because there’s usually huge sell offs
I couldn’t find any good platform for pre market and post market
Do u live in Canada ?
WeBull
Any stocks you guys on right now
@worldly sparrow I was gonna swing it yesterday just like fb but you never know with the market so I waited today
I live in TX I’m using TOS
@soft locust 100% that’s smart. Im also thinking of swinging Apple
Their earnings announcement is Thursday or am I wrong?
That’s why 🙂
I live in canada.. do you billtoy?
What time period do you use > But at .79 pre market
@iron night
like on the chart?
Yh
It’s all about strategy guys it’ll help specially we have lux to guide us. Before lux I would make $300-$500 a day and now it’s easy to beat $1000. Just position yourself and take profit don’t hold on to the bag we’re not trying to marry the stock. Hit it and quit it lol
What time period do you use
@worldly sparrow yes you are correct
30m and 1h then daily. Just depending on how I’m playing the stock
I have 1 min for my entry and exit and also my 5min
I do 15 min here and there too
It’s all about strategy guys it’ll help specially we have lux to guide us. Before lux I would make $300-$500 a day and now it’s easy to beat $1000. Just position yourself and take profit don’t hold on to the bag we’re not trying to marry the stock. Hit it and quit it lol
Definitely. I’m way down with APHA
@dim acorn are you in Forex or just stocks?
Just stocks
@soft locust do you think they’ll beat earnings? Personally I think they’ll do great. They’ve been earnings every quarter for awhile
It’s also important to read level 2
What are you using to trade them? And are they full price per share? @dim acorn
I haven’t really looked into them @worldly sparrow I’ll do research today and get back to you
@soft locust level 2?
Yes the best one I like is robinhood
Any stocks you guys onto right now?
@soft locust what’s level 2
Gotcha thanks @soft locust. Right now I’m into bkyi and a few others
@dim acorn are they full price per share or fractions?
@soft locust appreciate it
NP 🙂
@wild temple fully price
@soft locust is the real MVP
Lmfao thank you ☺️☺️☺️☺️ @vagrant meadow
For mobile honestly, I’d suggest WeBull. More advanced indicators and more information on each ticker!
Ya I like webull too don’t read comments on there it’ll mess you up
True that. The community on there is all wack hahah
They’re usually 99% wrong lol
Yup haha
This is the watch list. I believe Spotify will do good tomorrow as well
I saw this on Instagram
Aphria got messed up
I have bought when it was $6 something
Now it’s 5 🙂
@soft locust you are doing OT right ?
Watch KODK
@dim acorn Is it halted or something, been watching it and it keeps freezing both on tradingview and fidelity?
^nevermind, it is. I see the news
Kodk price target guys???
It’s halting on everything
Imma ride this one out. I keep putting stop orders a dollar under it’s having a trend where it’s legit just halting
First halt down be careful
hey guys any thoughts on a ud
sbux**
worth getting into rn? using lux it looks like there might be room to enter in but i’m not sure i’ve only jus started using it
KODK seems like a trap. Each time it's halted you can see whether the bids or asks are piling up. But the volatility is through the roof
Gone get into Kodak? I made about 5k in it today off like a 30min day trade
Anyone get Into*
Thought it was overbought yesterday, wish I got in. I don't know now, can't short it either (well at least through fidelity)
Yea man same. Wish I got in at $7
It will go up u think?
More pressure on the ask, volatility is at 62%. I think it could go up a bit more, but this one is really just an absolute gamble
KODK might but you don’t wanna be stuck in the halt
KODK might but you don’t wanna be stuck in the halt
@soft locust Exactly, I've lost count of the halts today. It's like everytime it moves, they give it 1-2min and halted
Manipulation at its finest
I don’t know if it’s going back up to 50
Manipulation at its finest
@soft locust Which L2 platform are you using?
Robinhood
Ah, thanks. Fidelity's is kind of butt
Ya I don’t like fidelity at all
Any stocks you guys on
Did anyone also catch that trend of Kodak from last week?
I finished my stocks for the day @hidden moss
Any overnight holds ?
I tend to only hold pennys overnight - the rest are scalped during the day
I've had AIM for months
IBIO but sold
Hold boxl tonight there's rumours there will be a huge government announcement tomorrow
For education funding
I shall have a look
I personally don’t think Kodak is gonna but 50 for another 500 years
Unless news comes out again
Or trump mentions it
Bought at $32
I hope it reaches high for you just use that stop order to negate losses
guys
@worldly sparrow thanks let’s see what’s gonna happen
@dim acorn I hope the best let’s make that MONEY
i would love to chat with someone who wanna exchange trade strats for Forex. i got a 30 min one but i need a much smaller time frame. Like a 5M one
Wow man he made banks
@dim acorn can I borrow his crystal ball? Or if anyone has a time machine that would work to ...
@lost hull message me
GBPNZD change in trend?
for those of you trading on 1m/5m/15m what do you have your sensitivity set to?
That of course will depend on the asset and style 😉
KODAK go brrrr! the surge is insane rn
Hey stock traders does anyone use the rubberband trading strategy for penny stocks and if so what indicator do you use in TV to get the standard deviation 4.0
if you're looking for "tomorrow's earnings" plays for popular companies, this is a decent resource: https://www.earningswhispers.com/calendar?sb=p&d=1&t=all&v=t
thanks! what's your preferred strategy before earnings releases? cause it's hard to know which way it will go, even if growth is positive or negative it doesn't always go the way you think
I don't play earnings, but I do have the resources 🙂 If it were me, I'd set up a system where I'd put a certain amount in for each company coming up on earnings that week and set a tight stoploss. If they do well, then let it run until Lux says sell. If earnings are bad, then let the stoploss kick it. I'm guessing it would be one of those "lose 1% on 9/10, but make 10% on 1/10" things
that sound like a rlly effective idea thanks @calm dust
Do you think Kodak is going to keep going up?
Honestly I thought it’d be down to $20 by now. But it’s still doing insane
imagine if you just bought one call on Kodak...
lux still had KODK as a buy...
down to 5m candle
That one is hyped to death though, it could turn on you in a heartbeat
Kodak $45
yep
People selling their shares at 70$ lmfao
jeez
Wrong one here you go
Something quite wrong
I should figure out options one of these days... I've been concentrating on Crypo because I've been into it a while, understand most of it, but especially because it runs 24/7
@soft locust any predictions for tomorrow ?
Ups might go up
I think it’ll go up pre market so I might swing it same thing happened to FedEx then massive sell off an hour after that market opened
With Covid they should beat earnings
It’s a gamble telling u
I don't think Bill is swing trading tho
No Amazon hahaha
No he’s not
he's imagining future world state
Long term for sure
2030 stuff
lol bill scalping for .15
Sorry what’s bhhs
I'd look it up in UrbanDictionary, but I'm afraid
Did KODK halt again lol
I think it’s consolidating but check that strong ping it was around 10 am 🙂
If this breaks $36 it’ll bleed from here
Good I’m glad
200 shares bought at $32
Nice
Easy money
I just grabbed a nice pile of BOXL (eLearning company, earnings out Aug 11)
random, rare bet over on Robinhood since I had a little extra to spend there
Nice
Just looking to ride the hype train and get out
We should do a morning watch list here
Kodak is fighting hard
Oh nice I didn’t know that
I did 1 call on UPS/MA before the bell tomorrow, still a buy on Lux, rewards outweigh the risk for me
Buh bye Tesla
KODK
You think it'll go up overnight??
Bought back at $37
Can’t stop making profit
😂😂
@hidden moss I’m not sure man
It’s risky
If Trump even says Koda it will jump
But when I read Yahoo’s they think it will jump to 100 by tomorrow
How do i actually trade on robinhood?
Anyone using tradestation to trade?
anyone buying AAPL for the earnings tomorrow?
@i have 290 calls on AAPL , hoping to ride the rally tomorrow and get out before earnings eod
What time is the apple earnings out
AMD ww too
QCOM!!!!
I’ve been studying fb and I noticed it goes $230-$235 sometimes even $245. I tried swinging it last night bought 300 shares at $230 and I made $350 on it. I think fb will be a good stock to buy at $230
Then just sell and buy the dip again ($230)
I will try that as an options play. Thank you @soft locust
@silent gulch sounds good let me know how it goes 🙂
Nice job ! 👌
Do you guys think kndi is gonna go high tomorrow too?
I’m praying for that 😂
Bought at $33.21
If it drops I will hold it until reach to the sky
@soft locust you should teach me OT
:)
Never involved that
@soft locust I'd love to hear your wins in %. Dollars are great, but making $100 on $1000 is great, $1000 on $100,000...eh. I suspect you're killing it but you're selling yourself short 😄
I won't sleep tonite haha
That's the thing
9 steps back then a 10-step leap forward
I don't wanna
It was an earning call for them we all thought will rise to the sky
yeah I was just looking, -19%, yeesh
rough way to learn how to place stoplosses - luckily Lux will tell you where to make them!
Ohh yeah
Yup
Check out the 'ATR Trailing Stoploss' indicator I use too, might be helpful: https://www.tradingview.com/chart/rusgcdXr/
Thanks man appreciate it
it also has buy/sell indicators, but you don't have to use them
no problem, a rising tide floats all boats
I never understood why people would want to keep their trading methodology a secret. Like, are you afraid we'll all start trading the exact same way? because in supply vs. demand pricing, that would be awesome
Totally agree man. I don't understand those people actually. We are in the same ship.
how many more sailing metaphors can I now jam into this conversation
@thin trail I think you're the programmer around here? I saw this come out in 2.6 and meant to say thanks. Cuts the number of TV alerts I need to make in half
That one's for Gecko then
haha, no seriously though, appreciate you guys, whatever your role is. Being silly after another 3% up day w/ <blink><sparkles>LUX</sparkles></blink>
ay pleasure as always
oh, blink tag. gone but not forgotten
Someone suggested it in here hahaha
well I said not forgotten. I didn't say missed, blergh
brb, heading over to #🔍feature-requests to ask for a Geocities skin for Discord
got it
@calm dust if it was so easy to make $6000 who wouldn’t do it right? With the way the market is with volatility I will take $500 any day over -$500. And I do 10% of my total trade not the whole account that’s just very risky.
@soft locust you should teach us 🙂 is it with OT right?
I scalp I don’t stay in a trade longer than 1 min lol I tried that before and it definitely wasn’t for me lost over 25k. I got in late on HOME but again I’ll take $175 as profit lol @calm dust
Yup when I first started just like 95% of traders blow their account
Thank god u didn’t give up. That was your resistance line 🙂
@dim acorn no coz if I did I wouldn’t have gotten it back and some more 😉
That’s right
But I agree with you if you learn the lesson you make min $300 a day with $5000-$10.000
Specially with Lux
My goal is $500 a day if the market gives me more helllll yes I’ll take it. I own a car lot so I cant sit on the computer all day trading
I never involved to OT. But I’ll learn. I’m way confused with that. Ask -bid etc etc I don’t what that is. Once i learn I’ll load my bag
I don’t do OT
Oh I thought you do
No I don’t
What are u do then
Scalp
I can only trade before market and maybe lunch time
And after market too
My main source of income is my car lot trading is just a hobby
Your car ?
Oww I see nice
It’s kinda slow coz of Rona so trading helps
Yup what u gonna do
@soft locust right - I think I was more saying that $500/day is awesome, but there's a difference between doing that with $10K in the account and $100M in the account
Like I could day I made $50 today....but did I start with $20? or $20,000?
I'm much more towards the $20 side, so the % is a lot more...relatable, I guess?
Okay how’s that? Lol better?
yeah that's great, because if you make a 10% trade, for sure you need to get the cred you deserve!
reworded
Ya I only use 10% of my account on each trade lol I don’t use all 100k unless I’m 100% confident on the trade
It is a rule everyone should follow
And I limit myself to 3% loss for the day. I stop and don’t look back
I follow 11, but I'll never be in less than 5 or so at a time
Because once the market is against you oh it’s against you
i don't think how much you use is a problem.... it's how much you're willing to lose.
you could use 100k, and only be willing to lose 1k. Your stop loss would limit your losses. 😄
I'd like to see 2% average per day, but I likely couldn't stomach 50% swings in my total balance to do it
@kindred wasp it is a problem you’re not gonna use all 100k on a .50 cent stock lol
stop loss is your best friend.
but I get what you're saying
it's also your worst enemy. lmao
Stop losses are your worst enemy as much as I love them I hate them
yeah that's the other thing, even though I have relatively lower trades, I'm using stuff with extremely high volume so it settles instantly
dropping into a penny stock with $100K and no volume, you'll end up selling lemonade to yourself on the other end
once u have that much money though, its not even about how much percentage. Sure making 50% on 100k is HUGE but for day trading, I think $500 per day is an awesome bar. Many people will be happy if they can get that consistently. Technically with 100k, all you need is to be up 0.5% on the day and that's your $500. With things like options it really does not take much to get up 0.5% lol IMO it's almost guaranteed unless you are incredibly unlucky enough to get in at the absolute peak
with Lux though, I highly doubt that you would get in at the absolute peak though
when you get a significant pool (and don't want to play), that's when it's time to think about dividend portfolios, etc
fine art
classic automobiles
Yup I’ll take $500 that’s my goal until I can master it wellll I shouldn’t say master coz not even bill gates knows where the market is heading
for me, I'm shooting for 1.9% per day, knowing full well it's likely not going to happen. But it's fun to think of having $1M in 600 days
2% per day is awesome lol. I mean think about the fact that people rent out their homes for 5%-10% return a YEAR.
i mean, 5-10% a year isn't too shabby on a house. 😄
paid off in 15 years, all profit after that. 😄
thats assuming 0 property tax, hoa and 0 mortgage lol, in reality it's less than that for most people
of course, lol. but, you have a larger turnover on a house. once you get upto like 500k in trading. it'll be hard to make 1-2% a day
percentage wise maybe but absolute dollar wise lol ... one green candle could mean $10k+ per minute
sounds dangerous, lol.
If you risk all of it lol
you can also lose 10k+ a minute
of course, banks would never lend you that much for trading like they would for buying a house
Which I don’t recommend that’s how people blow their accounts lol
stick to your $500 a day if you're consistent. no need to get greedy 😄
That’s $10,000 a month at $500 a day I’ll take it lol
me too. thats def nicer than most side gigs
are you using thinkorswim btw?
i dont like tradingview that much, have to pay for more windows + no option chain charts
but... Lux isnt on ToS yet 😦
so im like going back and forth between charts
I don’t think TOS works like that.
it does, you have to add a .ts file which is similar to the scripts trading view uses and import it as a custom study