Search results

What is your trading plan for entry and exit? Saying that you were excited is enough that you have no clear trading plan or enough experience. You are supposed to only feel boring because the result after entry will always be three situations; profit, breakeven and loss.

How about the basic technical inefficiency which is buyer/seller overcomes seller? When you say pattern, what kind of pattern are you talking about? The word pattern is ambiguous.

Sounds like AI which is not my turf. I specialize in telecommunication/network engineering.

I don't know if I am a skilled programmer but my background is computer science and been writing all codes related to trading by myself. Saying it is impossible is exaggerating. I would not say it's impossible to write the code but I have yet successfully translate the element (overlapping price...

The only way to be humble is to be realistic. One can be realistic by experiencing it or learning from others. In the context of learning from others in trading, statistics from a trading system also falls into this category. Of course not all trading systems can be backtested but you have...

Part of the strategy that cannot be translated into code.

I stay close to PC until market close as long as 1 net win per day is not achieved. Eyes not glued to monitor because 99% got automated. Just look at monitor when alerted. Wish to fully automate but this one element is impossible to automate.

Analyzing during building and testing a system is okay, but not during trading. You are not supposed to be thinking during trading and just execute. Something is definitely wrong in your trading system if you are analyzing/thinking during trading.

None of your options but 4th before A.

It depends on holding period. In the context of commodities futures instruments: 1. Intraday = chart only 2. Interday + intraweekend = chart only 3. Interday + interweekend = chart + fundamentals (seasonal + natural disaster + geopolitics + etc) For index futures, only 1 and 2 above apply. I...

As someone who uses both fundamental and chart for trading, I feel sick when I see this kind of debate.

First of all, a mathematic genius Edward Thorp says market is not 100% efficient. Our job as a trader is to identify repeatable inefficiency in the market and measure whether the inefficiency is profitable to be exploited or not. It was long ago that I debated with fellow offline wannabe...

Open sub-account. Each account requires their own capital. You pretty much summed up what I have been doing in trading futures in #1. There is much more though. As for #2, if I have intraday buy position with let profit run (interday perspective is also buy/up) and yet to hit my trailing stop...

Your expectation of 100% winning days is unrealistic. In the context of intraday trading commodities instruments using chart, the minimum I found realistic is 1 net win per week. Therefore, 4 net wins per month. It is up to the trader whether to gain 1 net win per week and stop trading for that...

I left CQG 2 years ago. No need to pay data fees to Tradingview and paid just few dollars ($3 if not mistaken) to CQG to connect from Tradingview and traded from Tradingview's chart. As far as I can remember, got no issue to view continuous chart. Tradingview is just charting platform and CQG is...

If you trade commodities futures instruments, then seasonal data, natural disaster, production data, geopolitics and alternative futures instrument may provide another perspective.

Why not both? Use same trading system but different holding period. In the context of futures instrument, outright requires big capital for interday. You may trade spread instead of outright for interday. For intraday, just trade outright.

The information you provide isn't specific enough to attract the right answer from the right people. For example what instruments you have traded? What trading methodology you have used to trade those instrument? Trade holding period? Timeframes? Have you backtested? Is the backtest result...

You are looking at 1hour chart for trend. The 1 hour is in up structure but you are looking to sell before 1 hour even make down structure. You use 5min for sell entry when looking at 1hour trend while 1hour still in up structure but don't mention whether 5min has developed down structure or...

I use 3 intraday timeframes (5/10/15) at most and usually just 1 timeframe (15) because I am lazy to monitor chart continuously. If your methodology gives you more visibility of the price structure when adding more timeframes, then why not? But you have to question what it cost you to add more...