Joined Raul's room on TMT--had a smoker of a day.

Here is some of Raul's commentary:

Risk: /ES 6 pts
Dow: 60 pts dow
Cl:

Raul uses 30 minute bars

Looking for P and b and D shaped distributions...they don't clearly tell you where the zones are...true zones are located at single distribution zones
-Levels of support and resistance are not accurate on the overnight session...nobody is awake to buy and sell at these specific areas or manage the positions there. So they are not respected. It isn't until the US session that these levels are actively being traded.

-Raul only looks out a week or 2 for the market profiles...and if there are no levels in the market's recent memory, there's no support, hence he wouldn't be wanting to get long in these situations

Most people learn about stocks, then options, then forex or futures

Options are not a scam...but it's more difficult to trade options than stocks
Problem with stocks is even with a Margin account they're too expensive
agree

Really need 500K or greater to trade stocks according to Raul

They they start trading options...but the problem is the options are not 1:1 with the stocks...a lot of time time decay decreases the value if it doesn't move. More moving parts.

Raul didn't like Forex because the leverage is opaque


Could you even trade forex the same way you trade futures? Is the volume data not there?

14 day free trial to play with the indicator and confirm it's something you really want and can use

Cumulative tick volume is like a therapist

People get their cues from pre-market action, so one can expect the actual market to follow

Was with Raul when he had a terrible trading day losing 15K in the markets. Since I was fully long XIV I actually took a similar beating. I actually tried to get out of my position soon after the open when the market started tanking, but became resigned to it because Raul was looking to keep buying the decline...I had company I guess.

Pretty sad. As it stands, I have no wealth anymore after -2.7K in losses, am still holding of course...things could get worse before they get better. I really have to ask myself what I was thinking. This performance is Cataclysmic-ally Abysmal.

In fact, this is a 20% loss of equity from my first XIV trade a few days ago. Had I gotten out faster or even at a small loss like I originally planned, I would have been a hero! Could have gotten in at the lows of today.