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I'm not an algo trader. Yet, I would think that if a algo only gives signals/trades in one direction that correlates with the current market sentiment... I will assume that when market sentiment changes...that algo would be idle (not producing any trade signals). It's then up to the trader...

Some of the professional trade journal websites (software) have their own forums. That may be what he's asking about. wrbtrader

Exactly...the trader needs to understand the market context that the pattern works well within because when that market context changes...the exact same pattern will stop working (as in the probability of success will be LESS) in comparison to the market context that the pattern performs well...

This is very similar to what I saw along with their communication with others that traded different assets and the fact that they had a compliance department...many other things that most retail traders seem to believe they can outsmart on their own. The myth that they don't use charts or...

This implies you were actually in the same room with at least one successful trader. Please describe what was actually on his/her monitor and was this a retail trader or a trader working for a financial institution and what did he/she talk to you about while trading ? wrbtrader

Agree...too many people equate trading full time with watching chart screens for 8 - 10 hours per day. Others call you a lazy ass if you workout (biking, sculling, weightlifting) during the trading day. :D wrbtrader

Position size of a trade is not determine by if you have one trade pattern signal or multiple trade patterns. Your position size should be determine by the probability of success and market conditions. Yes, its best to master one trade pattern, one trade strategy or whatever prior to trying to...

I make screenshots of the timestamp trade fills in the broker trade execution platform, audit trail and trade execution window only because the nightly broker statements do not show the timestamp of the trade fills...some brokers show it while others do not. Yeah, its a pain to do the...

Howard, I forgot to mention something else that's important. Using your trade as an example...the one you highlighted in the red...you show the time on the entry as 15:41:52 and the exit as 15:53:12 Some brokers in comparison will show 15:53:12:260 (to represent the milliseconds) Thus, I...

Hi, Thanks...Emini ES futures is a highly liquid trading instrument...rarely should you see split fills like that. Yet, I see them often even the times & sales window of different charting vendors, different brokers and I'll compare my numbers sometimes with other traders in real time just to...

Please explain what you mean by Ninjatrader split your trades ? For example, if you take two trades...the 1st trade with 5 contracts in and then 5 contracts out...the 2nd trade with 2 contracts in and then 2 contracts out... What will Ninjatrader show via spliting the trades ? I ask because...

You and destriero must throw in some sex stuff with your lady friends in your trade journals. That's what the people want to keep it from becoming complacent. :sneaky: Remember...two of the top viewed journals at this forum in the past 10 years were that Food porn thread by the guy in south...

Overnight, I'm glad you restarted your journal...it was starting to get boring here at ET. Out of curiousity, did yesterday's crazy market movement light a fire and get you back into your trade journal ? wrbtrader

If you enjoy a bit of strategy and a bit of risk... Talk about the specifics of your strategy if its not proprietary or deep secret. Yet, if you want to truly know if you have an edge (statistical proof)...that's the purpose of the backtest. Next, the simulator trading account of your trade...

Its not realistic (turning 5k into 25k) via what you've described without the specific details and because its not real money. What you've done in your practice account will give you no clues of what will occur when you go into real money trading especially if you calculated yesterday's crazy...

You didn't have the pressure or stress as a college studen that trades versus now you're on your own...it was so much easier to let off steam (tension) when in college. Been there and done that. wrbtrader

Essentially you want someone that's successful considering you stated "bombing hard" about your own current trading situation. Why would a successful trader be willing to give up his/her privacy so that he/she can teach & learn from someone else that's less successful or not successful at all...

Many articles online about this topic but I would still recommend you see a "eye doctor" before seeing a "medical doctor". Most of the online articles that talks about this reference proper eye to monitor distance, proper posture to monitor, proper room lighting and many other things that...

What the hell just happen to this thread ??????? I was going to return to crack a joke to bluejack about when he said he plans to use his wife as a backup via asking him to clarify what he meant by as a backup because a girlfriend from my college years use to say exactly that to me when we...

Do you know anyone doing such and are successful (names don't need to be mention) ? I wonder if the market reaction like today will encourage algorithm traders to move into this type of social media algorithms wrbtrader