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I agree with Mark Douglas on this. Simulated trading according to your plan / rules clearly shows you the mental gap - mental skills you need to acquire. It shows you what you could end up with and what you actually have trading live The problem with this is the market can give you money this...

5-10% given up on slippage, hate it :D

SP and BTC seems to be co-integrated

I also made the same "mistake" of taking a loan to trade. Took 3000 bucks from my card and turned into 45k in years trading futures spreads. Systematically not by hitting a homerun... So I knew I had a good strategy, some years of trading experience, knew my mistakes and weaknesses, learnt from...

I watch swing highs/lows developing on a range bar chart .. that's it

I always expect the current move to fail (turn) into the opposite direction. Once it disprove the idea of failing I go with the original direction

I shifted my DT so I start at 9 instead of 8.30 to avoid opening mayham. Of course bit slower but gives me better results long term for some reason :) As for swinging.. I remember seeing some stats recently that market tends to make more %% during premarket / overnight hours compared to regular ...

If you have problems with stop-losses consider switching to stock trading with ZERO leverage or lower the risk with a leverage product to absolute minimum until you feel ok with that. Now I run a portfolio of at least five automated (mostly mean-reversion) strategies and none of them uses...

If somebody spends decent amount of his lifetime building a business no wonder he wants to squeeze some juice out of it finally. The quality of the final product can become subsidiary at that phase. I definitely won't be their customer

I evolve every day as a trader. That's why I love this business. Tweaking and continuous improvement is a part of the path and evolution. But once you have it hold tight :-)

two rules manage risk or risk will manage you patience, the process needs to be boring took years to realize, sadly :]

I would say if you hit Monte-carlo worst case DD something is not right with the system ... I expect my system to win at least 42% If over 2000 trades the worst case DD was not worse than 600 USD I know once I hit this I have a problem. The system that uses 2R for profit-target does not have...

what comes to my mind now is that data reflects order book at a different exchange compared to orders being routed by IB smart to another exchange

@Robert Morse Look at the screenshot ... trading BNTX. Happens with other stocks as well.... Funny

not alone :-)

how to lose little? ... maybe don't trade futures in the first place?

yea I rode the Friday wave down :D

I am quite new to trading stocks and wonder what matching system is used with NYSE or NASDAQ so that market trades above my sell limit (profit-target) price If I offer 100 @ 51 how can the market go above to 51.01 without first lifting my offer at 51? With futures I could never see this...

if the moon can move oceans why it could not move human's mind

MA helps me daytrade. Place MA on a range-bar chart and have fun!! :) For swing trading MA helps me manage risk. When I have a long position for example and the market trends against me (below MA) I wait for pullbacks close to MA to reduce my position. When the market still trends against me I...