started trading 9 months ago ...
contrary to most of the traders, i've started to learn about
psychology ~ trade execution and moneymanagement, both
being totally new to me and often suggested as most important;
that's why i did a lot of small trades and learned to deal with my
major...
profitseer,
you're right ... i know what you mean but ...
but going for 1 - 2 pt's means going quickly in and out ...
the shorter the timeframe the more important good entries and higher winrate become !
paulus
I am truly very greatful to you !
excellent post !
- i indeed try to use a very simple trading system based on s/r
- trade 2 is indeed a problem and fortunately an exception
and i've wrote it down in my tradingjournal
: personally i feel like i missed at least 2.25pt
i do have...
hi NihabaAshi,
i have a 1 & 2/3 min chart and a 5 min chart
if it is oke with you i post the trades i did yesterday with time indication; i will have a look at snagit later;
S 982.25//982.5 = -0.25 9:46.02/9:47.54
S 982.25//983 = -0.75 9:59.23/10:08.13
S 980.25//979.5 = +0.75...
i am sorry i cannot because i am using QT , so no back-up
appreciate the effort;
but to give you an idea : yesterday we had a couple of false breaks in the ES 980 sup zone; jumped in and got quickly stopped out;
one of my problems is : where do i catch the BREAK ?
safest is to wait for...
i think that indeed i have a problem with my entries
i am also well aware of average win being more important than
winrate but for my style 1-2pt's or > 2pt's profit with a 0.5 0.75pt stop, my winrate is definitely too low;
so how to improve my entries .. ?
hi,
i am trading intraday ES going for 1 to 2pt, sometimes >2
with a stop 0.5 -0.75pt, mostly RR 1:2; my winrate is still too low for this kind of style i.e. around 35% so i am slightly negative;
any suggestions as to how i could raise my winrate ?
regs,
paulus
hi,
how do you use exactly volume as an indicator when trading ES ?
what is it that you look for when using last price, inside bid & ask, market depth, the volume bars on charts etc ...
how is volume leading price ? etc ...
regs,
paulus