Search results

You forgot the MAIN reason. All the experienced people are laughing at the combination of posturing and ludicrousness of your posts. So much entertainment. OP wins the award for the most half baked. half (1/4?) truths that are out of context and lack any details. There has not been anyone...

How can anyone look at a chart without a vertical scale? Zoomed in noise looks like trends, zoomed out good moves look like noise. Also looking at charts, after the fact ignores where the rubber hit the road. What is the entry, what is the exit. When are those decisions made? let me repeat...

Even the comedy factor is low now, like a slap stick rerun. Seems like the OP, has some sort of guru complex. Only people who are novices would be impressed by the high level generalizations and posing. All the stuff he posts sound good in a vacuum, but when it comes to actually trading...

This. But specifically stop treating a trade as a single entity. You can spend years doing single trades and mixing the specifics of that one trade and the generalized reason for the trade. This is great for spinning around in a wide circle. When you write scripts or code to trade you...

Even so far today after 4 longs.

Picked up an PM trade with the algo, so 5 today all green for 16 points total, after comms. Last trade was 11:28 on the BO closed at 1205 on the SL.

Did 4 trades this AM for 12 points on the algo. All long and now working on the short algos. Edit: And before anyone thinks it is all Green, yesterday was -18 points in 2 trades. At the weeks end I will report as to not clog the thread.

Long and Short in different target time frames is the only way that it makes sense. For instance: Being long in this market, trading for 20+ points, over hours, while taking short term tops to short, and potentially the double top reversal short over minutes, seconds. But you should really...

Ran my Long Algo this week live using Optimus-Ironbeam-MC. Did 14 trades for plus 1600, with 475 the largest drawdown. All one contract on ES. Still working on it, but for this market it is doing well. Also working on other setup-systems to complement. Let the farming begin.

I did with a weed farm, tier 3 in WA state. Sold 2 million grams of weed in 2 years. Invested 650K. Sold it for 650K plus 85.00. So I made 85.00 over two years on 650K and two years of work! If you could see the other traders, trading could be funnier! And to the OP, perhaps you should...

FOMC movements tomorrow? Regular announcement move, but very possible a second reaction to some commentary. Seems like a read the tea leaves type of FOMC day.

They will also "pre" assess risk your account so that: 1) if you violate a preset loss level position is auto liquidated. 2) Orders skip this check so they are slightly (msec) faster. It is leverage for those who are experienced. Trading one contract, and e.g. a 50% loss threshold on the...

This is not a "strategy". It is just some snippet statement. This is more like .05% of a strategy. The other 99.5% of the parts makes this snippet look stupid beyond belief. Any person who runs a VERY simple backtest trying to isolate this "event" learns such a simplistic rule is a looser...

One choice is to have someone set you up with the IDE, and then write the function library that you use to create the signals, order handling, P/L manager etc. Then take your scripts and port them. You will have to learn the IDE, and the new function calls and handling, including error...

This is a stupid idea. Anyone who actually trades knows it is a stupid idea taken out of context, from 40,000 feet above with no real understanding of how trading works. And yet you claim it is "good advice". This is like saying if the fruit is over ripe-rotten, then buy the way under ripe...

First it will be don't fight the tape for institutions, and then FOMO for the retail. Then the institutions will see into the retail as long as the retail goes Bullish. Along the way there will be shake outs enough to revive the "buy the dip" crowd. How committed they are, is a good gauge of...

A whole level more complex. Just because one can get in and get out doesn't mean they should or could scale properly. It is like taking a separate trade with a much more complex risk management due to the original position. If you have an algo trading for you, then it is reasonable to...

You must also have a flat learning curve, or even possibly negative. You confuse statements of fact and emotional responses. Until you can disambiguate the two, life will be difficult, and you will be open to always being the victim. None of us are your "buddy" and to come off like that is...

This is what people say when the THINK they are so smart, but confuse words with intelligence. You are clearly not educated beyond some casual reading. Anyone who is university educated and actually studied hard, do not form such sophomoric statements about things they claim to understand...

Good post. IMHO there sems to be a theme among those who are searching for systems, of not yet fully adopting - understanding it is not like single trades. So the criteria for "good-bad" are FUNDEMENTALLY different. Hence, for example, "profit" need to be considered with drawdown...