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If you're trading top liquid instruments on intraday, then slippage rarely goes beyond 1 point unless you're trading big size which you will realize the limit one day. You don't even need to paper trade.

Hi, do you guys know platform that support Stop Limit Order for trading on chart? I'm currently using Quantower which support Stop Limit Order only from Order Entry panel, not from Chart panel.

Do backtest with all things remain the same except the exit profit (bigger target + trailing or let profit run + trailing indefinitely). Only the backtest can tell you what is right. Assuming that the backtest result has positive expectancy, then just add extra lot(s) or leave some lot(s). If...

Less than 5 minutes per day maybe. Just recording setup type, entry, exit, lot size, special remark. Not sure what do you mean by journaling other than that.

What is your win rate? Your win rate is correlated with normal losing streak that you will experience. This is good article. If you are aware what is normal losing streak for your system but experience the tilting, there are only two possible things that may cause that. Large position size per...

Yes. It applies to all different types of charts e.g. renko, tick, kagi, etc. The starting point of the price data (offset), however, should not affect your trading system expectancy. If it affects, then it is not robust.

Interesting prop firm. I went through their rules. It seems like they are the best among others except drawdown based on open profit (both evaluation and funded) and withdrawal twice per month. They have 80% discount until 23th. Pretty good deal.

Earn2trade except they have bullshit rule "Live accounts calculate trailing drawdown based on intraday, open equity gains and losses". Otherwise, they are perfect. Their evaluation and livesim accounts is based on EOD drawdown.

I am not replying the post/thread, just bookmarking the good post for future reference.

Regarding multiple timeframe analysis, what combination of timeframes? Please specify the purpose of each timeframe being used.

Hi all, I would like to use Ninjatrader platform and brokerage but I notice no Asian exchange is mentioned in their website. I would like to have clarification if this is true which means that I have to subscribe external data feed if this true. Thank you in advance. CC @NinjaTrader_Comm

You may purely spread trading or hedge when it is necessary. Even though you trade outright, there are times when you have to open opposite direction position in far month contract to prevent gap on next trading day. Somehow, I feel your statement is very rude like you know everything and...

Only when specific condition appear. The base system has target profit. When the specific condition appear, I entry twice lot size. One for target profit and another one for trailing. Both the target profit system and trailing system have their own statistics. The beauty is similar entry and...

Need more input. What is the reward to risk ratio per trade?

Instead of thinking about increasing risk per trade, how about thinking whether your system has positive expectancy and robust? If your system doesn't have positive expectancy and not robust, increasing risk per trade will only accelerate your system drawdown.

Daytrading. Intentionally limit the capital in trading account. Got no problem to trade my system on CL/NG/ES/GC/SI. I also trade Asian futures. Only trade one US and one Asian instruments at a time for easier position sizing. I only change to other futures instrument in the same continent per...

If you are running your system using real money, maybe you should reconsider to not running it. Because you have not measured its robustness. It is a time-bomb.

Is your trading system profitable when ran on other future instruments in CME exchanges and exchanges in other countries?

No positive expectancy but didn't know. Losing much. After researching the concept of measuring profitable trading system, stumbled upon positive expectancy. Built a trading system with positive expectancy but not robust. After 2 years being profitable, the trading system started to loss. Lucky...

1 net win per week per instrument.