ES
Eversource Energy
stock NYSE

I am currently trading ES. In theory is that you shall never close ur trade before TP hit, so today I have a reversal trade and my TP is prior swing low, at the same time it is 2 RR trade. And the price begin to reverse 1 pips before my TP hit, kinda infuriating tbh, any suggestions how to amend this?

Yesterday's lower open in ES and AM session weakness in reaction to Friday evening's Moody's Treasury debt downgrade, followed by a recovery rally and close in positive territory, represented a Bullish Engulfing Candle (aka, a Key Upside Reversal Day) that is usually associated with a change in near-term market direction. 

In this particular instance, the 1.4% decline from Friday's high at 5977.50 to Monday's low at 5892.75 **should be treated as a completed minor pullback followed by the initiation of a new upleg** that so far has traveled from 5892.75 to this AM's high at 5993.50 (+1.7%), en route to my next optimal upside target zone of 6090-6100.

[See my ES chart.](https://t.e2ma.net/click/42suln/ctim7be/clw3zfb)

As long as any forthcoming weakness is contained above key technical support from 5920 down to yesterday's (5/19) low at 5892.75, the bulls are and will remain in directional control.

This means that from current prices at 5965, the bulls have a relatively thin bull vs. correction line-in-the-sand support cushion of 1.2%.

Yeah that makes sense now, I appreciate the clarification. Since you’re a futures trader — what’s the proper way to actually trade ES and NQ then? Like, do you just use the futures contracts directly (like NQ1! and ES1!) on TradingView and trade them through a futures broker? Or is there a different setup I should be using? I’m trying to learn the legit way to trade them, not just CFDs, but I’m still figuring out the right tools and process.

Look at when ES moves the past few days. It is indeed during market hours.
Black is RTH: [https://i.imgur.com/AbiJAQO.png](https://i.imgur.com/AbiJAQO.png)

do me a favor, make a break. You recovered your loss but yesterday was just luck.
Then continue with MNQ. You could be right or wrong with the big moves, yesterday was a huge move to the upside. I was in with MNQ as well at Wallstreet open ... and after 60 points I saw something that could have been a reversal. A Trump tweet, bad news whatever and I quit. have just seen too much and is it better to close a trade with a small but sure gain of 1% of the account or bet on a bigger move? You dont know what's next.
Once I did the ES, it went wrong, the position got liquidated (overnight margin too big for my account) and some 25% of the account was gone... it was my mistake to go for the ES.
Big contracts I would only use on commodities which have less political influence and which trade strictly rangebound... e.g. Soybeans. There I do the ZS and not the XB, and ZL (Soybean oil). And I got myself an account "security" of 25% and even on safe setups I never use more than 50% of the cash compared to the overnight margin.

The MES vs ES commission trap is something many traders discover the hard way. When your edge is small (especially for scalping), those fixed costs become a massive percentage of potential profit on the micro contracts.
Instead of focusing on what could have been with ES, I'd suggest:
1. Use this period as dedicated practice time - work on entries/exits without the pressure of needing to make money
2. Track your hypothetical P&L without commissions to see if your strategy actually works
3. Consider moving to a broker with lower micros commissions if you're committed to futures (some charge under $1 round trip for MES)
The most important point: you're learning the hardest lessons (discipline, risk management) with smaller contracts. If you had jumped straight to ES, the same mistakes would have happened but with 10x the consequences.
Many professional traders I know blew at least one account on their journey. The ones who made it didn't just get more capital - they completely transformed their approach after these experiences

You guys wanna know how bad the crack cocaine epidemic is in Asia? Just check the ES.

Face-ripping rally so powerful, ES\_F hits its max value of 9999.

ES is barely down 0.25%, lol. That's not retail. It's dumbass day traders.

You can add this code to the study to get what you want I think
`input symbol = "/ES:XCME";`
`input offset = 3;`
`input mult = 2;`
`def price = close(symbol);`
`def H = HighestAll(price);`
`def L = LowestAll(price);`
`plot line = mult*(price-L)/(h-L)-offset;`

Are the ES futures real or fake for tomorrow. Asking for a friend.

Vix is at 18, why is ES still 24k?

Venting my own stupidity. All opinions and nuggets of wisdom welcome.
Was trading mainly ES and blew my account. I’m frustrated with myself for not going with my gut and using more studies when I started trading ES bec they tripped me up + I had very poor risk management/discipline. Risk management/discipline has improved, meaning I’ve actually started planning my exit before entering a trade, have gotten a bit better at staying rational while in a trade, and have gotten comfortable with the reality that RM/discipline isn’t something you learn and “check off”—it will always need to be managed. My trades have improved since I stripped the chart of everything except 1-2 EMAs and volume, but it’s really frustrating that I let myself trade down to this point because I’ve realized that for the past 4 weeks straight, I’ve had losing (futures) trading days Every. Single. Day. trading MES after accounting for commissions. If I had made the same trades on ES, I would’ve been well in the green those days based on the fees/leverage difference. I trade on TOS and Schwab charges the same (high) commissions for MES and ES ($4.50 round trip excluding fees). So it’s much harder for me to scalp trades with MES vs. ES. Higher timeframe charts definitely help, but it’s frustrating to feel like the risk isn’t worth it for small scalp gains that would’ve been great (for me) profits on ES.
*Note: I’ve blown my account by my own standards, which for me means I don’t have enough available margin to trade the instrument I want. Selling long term holdings to free up margin or adding funds other than my monthly trading allowance is a firm NO for me.

If you're looking to practice day trading live with demo money, a few solid options:
* **TradingView** – Great charts + built-in paper trading (free). Real-time for some assets.
* **NinjaTrader** – Free simulator for futures with DOM + bracket orders (awesome for CL, ES, etc.).
* **Tradovate** – Browser-based futures sim with chart trading + real-time data.
* **Thinkorswim** (TD Ameritrade) – Full-featured paper trading, includes stocks/futures/options.
I’d start with TradingView for chart practice, then use NinjaTrader or Tradovate if you're focused on futures.
Let me know if you need setup help — I trade futures daily and use most of these!

Thanks. I had learned about the month codes, and then through trial I learned that the options contracts are for that month future, but can have different or even daily expirations. I also learned why /ES and /MES are different and why they’re called points and not dollars. All on paper trading account so no one freak out.
Maybe some day.

Down-moves are faster, clearer, and carry a volatility bonus
Negative ES ticks tend to arrive in bigger bursts and are immediately followed by higher realized volatility (the classic leverage-effect asymmetry).
Systematic intraday flows lean net-sell
Gamma hedging by options dealers, intraday re-balancing of vol-control/target-vol funds, and CTA “sell-vol on uptick” rules combine to create persistent sell order-flow imbalances during U.S. hours.
Labeling symmetry can amplify the bias
Sample-period regime bias

Futures ES and SPX don’t show this

I have found that you can trade a very small account with micro futures in crude or the currencies. You might want to try that instead. Find a broker with really low commissions like Discount Trading.
To trade micros in gold or ES will require maybe $2000. Otherwise several hundred $ can get you started in the others I mentioned. Good luck, good skill.

TQQQ is a really good trader. I use the /ES/SPY charts to trade it. You can get SPY ODTE prices on a weekly contract, so can swing it affordably.

https://preview.redd.it/no6cap9j4r1f1.png?width=2102&format=png&auto=webp&s=873c2a1b2f053021e5b7b67609fba23e6c6c786f
A lot of people will say to have a 2:1 RR or some made up risk/reward and just hope that they get to that level they set but pay no attention to levels in the market... I use support/resistance lines to find my profit targets.
I trade on the 2 minute and 30 second chart so my targets are small, usually 10-20 ticks on ES futures chart. I do not pay any attention to a specific R:R amount... if the market is trending up/down and there is a line the market is working toward that is my target to take pricing (as long as everything else is confirmed in my strategy).
If you are not playing support/resistance you will be giving up a lot of opportunities where the market will stall or reverse on you.