i have been trading with IB for a year and thought i would test drive some other platforms. i chose open e cry due to cost and the reviews here. i have been using it for a few days and have found the system filling my limit orders (exits) while the price is still 4-5 ticks away (YM). on a few...
"Its been said a thousand times over but as a trader you definitely need to be able to constantly re-evaluate and change your mind... "
i should just let my wife trade for me.
can anyone point me in the direction of charting software that will allow me to graphicly select bars and combine them. For example i would like to take the last 19 bars of a 1 minute chart (the last trend) combine them into one bar to see the volume/ticks that occurred in that trend. this would...
m+250
t-3000
w-800
th-140
f+275
-3415 week
-3415 ym
got bigger than my britches due to mondays gain. switched to 4 contracts instead of one. humbled on tues & weds.
back to 1 contract
thanks for the feedback.
my target is 20/20 on the ym
unfortunately fear takes hold of me when i see a trend potentially reverse and i take the profit which is usually about $40-$50 per trade (1 contract). it was working great until friday i was ahead. i was 6/6 trades or about 50+ ticks up in...
there are a few things i have come to learn over my extended 3 month career as a trader and i thought i would share these seemingly impossible yet true items with those behind me on the learning curve.
1. take a stock that start at T0 (time zero) and look at it in relation to where it...
no offense but yes my original post came right out and said i was a newb (2 months) 6 ticks on 100 lots in the wrong direction 4 times empties my account and gets me a call from my future x-wifes lawyer.
i can see where you are coming from regarding the large lots but im still trying to...
is that being sarcastic? i cant tell.
its like when i was working for my girlfriends dad during high school in his auto repair shop and he said "here, hold this spark plug wire while i turn the engine over" boy we had some laughs that day.
Two ticks (in wrong direction) on 100 lots of ES is -$2500 b/f commish
6 ticks (in wrong direction) on 100 lots is -$7500 b/f commish
and so forth....
perhaps in time...pls pass the vagisil
dern, howd ya know.
i was trading ym.
one signal long + 2 signals short is not 66% chance of success. more like 100% chance of loss. live learn spend money
thanks for the feedback