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You can automate away the emotion that comes with 'I missed the entrance', 'I didn't follow my stop loss', 'I didn't let my winner run', etc. As far as stops go I think most profitable systems traders are looking to minimize risk and thus are not basing their stops on a max pain threshold that...

You program your system to stop you out, that's it. Either by way of each individual trade within a system or a system itself or a basket of systems, either by time, by contracts traded or by adverse price movement. Alternatively you can be always in the market with a basket of systems and one...

There are also those that come to day trading thinking they have a back-testing engine and automated trade entry software and spend a lot of time testing and curve fitting random shit that implodes in live trading. Then their are those that observe order flow, price action, etc, to form their...

Yes, footprint charts - bid/ask delta are T&S based. I am not sure if Jigsaw allows you to statistically test what you are seeing but observation is the first part of the scientific method and Jigsaw is probably the best for you to view and then form your questions. Not sure if you have access...

entertainment random idea generation false ego ...not necessarily in that order

There is Time and Sales based Bid/Ask Delta and there is Dom based Pulling/Stacking, both can be back-tested nowadays. Staring at the Dom will most likely end up with you just wearing glasses and agitating any innate ADHD you might have.

Do you know, who you are trading against? Myself, ergo my trading/business plan. There are buyers ready to purchase my goods, there are sellers ready to sell me theirs. All that matters is my trading/business plan.

Ok, I'll call it "ES 200pts" and for Pollack's sake we'll splatter some Perma Bears and BTFDers on it. :D

"For him who has conquered the mind, the mind is the best of friends; but for one who has failed to do so, his very mind will be the greatest enemy." Bhagavad Gita 6.6

It is good to know the MFE/MAE ratio from trade entrance based on both time and volume/shares traded. Once you have this information you can check it against random entries to make sure your entrance is better than random.

You could try these guys...

The market is not crushed. Someone needs to tell Payne to stop being so histrionic because the real PAIN isn't here yet.

The market is behaving very similar to last February. Do some backtesting and see how your method would have done then.

Here is later.....

ROC (1)

Wouldn't chart periods containing '4's be better when you are looking to get short the market, as a downward spiraling market is basically 'death' for the typical investor?

Mechanical, System, Algo, whatever you want to call them traders are generally using statistics. Often statistics of Technical Indicators.

Johor Bahru (JB) Malaysia is basically an extension of Singapore now. Safe, much cheaper housing, vehicle no problem, same good food 'la'.

I hope @Sig doesn't see this post he'll go all holier than though on your ass. :D