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  1. R

    ES VS NQ

    I tried to trade the ES, while I do like it and it has logic attached to it, I have a hard time working on some trades. I do hate that the ES ranges a lot, can be very tight, prone to relentless tricky channels and that it is hard to get filled at times, especially when fading. I follow the NQ a...
  2. R

    Prudent Risk Management Is The Only True Edge In TRADING

    Exactly, at the most macro level it's buy low sell high. I would also add the ability to spot a price/zone/w/e you want to call it - area, where in the case of a market with 100 participants, you have a good probability of being right in your take on the percentage distribution between both...
  3. R

    Prudent Risk Management Is The Only True Edge In TRADING

    Yeah i was taking a look at eur.chf and it was a little confusing, I would have to study the correlation more, but I can see that getting pretty complex until I can get good at estimating the correlation factors between the three currencies. I do like to look at the usd.chf alongside the inverse...
  4. R

    Prudent Risk Management Is The Only True Edge In TRADING

    Interesting, I'll check it out, I do find the correlation helpful but it can also be confusing at times. I'm thinking of trading both, for example is i see a sell setup in the usd.chf then selling there, even if it doesn't necessarily look like a buy in the eur.usd as long as its valid, because...
  5. R

    Prudent Risk Management Is The Only True Edge In TRADING

    One last thing - i think an often non mentioned factor is time - how long you as the trader are willing to stay in the trade which is a sub factor of the risk you are taking. I.e. - in my second example, the trader was willing to hold for a very long time (if he is a short term trader) was able...
  6. R

    Prudent Risk Management Is The Only True Edge In TRADING

    Plus I've noticed that just one market usually offers more than ample trading opportunity in a few hours
  7. R

    Prudent Risk Management Is The Only True Edge In TRADING

    Exactly, I would never either, there's much more to picking trades, I was showing these as an example to prove my point. I really think a good price action reader who is very familiar (specialized) to certain markets can do very well. I mainly focus on the EURUSD and trying to get better at the...
  8. R

    Prudent Risk Management Is The Only True Edge In TRADING

    To add for the discretionary traders out there, I think edge is also highly dependent on trade management as well as learning directional probability - you think there is a higher probability of the price going up 2 dollars as opposed to falling 2 dollars, hence that presents a trade-able...
  9. R

    TST Combine Journey

    Yup, I was talking to an experienced trader about that the other day. It does suck but I guess it's the price to pay for getting the TST platform. Still have to get past funded trader prep but if i do pass I think i'll try to trade the funded account hence I would have to eat the cost. At this...
  10. R

    TST Combine Journey

    Another option I just saw is the emini e7, which has larger commissions as a percentage but also a good option for swing trades, anyways thanks for the comments
  11. R

    TST Combine Journey

    Gotcha, yeah it's not the best option but when you have no money. I'm still figuring out what's the best way to trade, May has been my first "real" month trading so I'm doing TST as a challenge but will consider all options, if the swings in forex start getting pretty large similar to early 2015...
  12. R

    TST Combine Journey

    Hey what are your fees and commissions? TST uses a static amount, a lower than normal. Looking at the costs for Ninjatrader its like 3-5 for round trip with certain licensing:
  13. R

    TST Combine Journey

    Combine complete - next week going to start funded trader prep: Pending may 12th error - second-long b.e. trade but commission cost factored as losing day - was profitable every day
  14. R

    TST Combine Journey

    An example that i used today in the spy emini - i'm in a chat with other traders: There was a big bull spike yesterday which if the trade was good should net at least 1:1 Risk/reward, that target took to yesterdays high, where there was a little selling prob due to profit taking but the...
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    TST Combine Journey

    Yeah that tells you if one side is giving up, and those areas also offer pretty good trading opportunities. I also look at the risk and reward for trades on multiple time frames when i look to enter on reversals or continuations, etc, to give me ideas of where the market will find countertrend...
  16. R

    TST Combine Journey

    If you don't mind me asking, what kind of trades does your program take - major reversals/breakouts/pullbacks/trading range reversals/continuation also what time frames
  17. R

    TST Combine Journey

    this was my other eurusd trade today 5/19/2017 (in sim, did not take any more tst trades) Was hoping for a quicker move down but let it ride for a little, market slowing down over Friday
  18. R

    TST Combine Journey

    Interesting, I would like to learn more about that, the reason i trade the way i trade, is because although the market is constantly changing, it always does the same thing. One side is strong (B.O), then small pullbacks due to profit taking, then deeper pullbacks and bears start to scalp, bulls...
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    TST Combine Journey

    Very nice - the more you learn about the markets - i'm pretty obsessive so i've demoed years of eurusd, i find it hard to trust autopilot programs, esp with backtesting, etc, the market in my opinion is one fluid creature that is constantly evolving but if you manage trades well you can make...
  20. R

    TST Combine Journey

    Thanks Spectre2007, yeah I'm still working on emotions. I have no rules, I'll enter limits / orders / market, will move stops around, all depends on the market because I just don't trust any rules. My trading takes into consideration only what the buyers and sellers are doing, which side is...
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