3 phrases of trends: which is low-risk & high-rewards?

[SunTrader]

well... they work for me and ive been using them for 25+ years. so... what types of charts do you use and why... do you daytrade or longer term. are you a futures trader and if so which futures do you trade. it would be nice if we shared both ways.

cheers
toucan

1 and 5 minute, NQ/ES/YM/RTY/GC/CL

Time is very important, almost as much as price.

 

[toucan]

1 and 5 minute, NQ/ES/YM/RTY/GC/CL

Time is very important, almost as much as price.

i agree if by time, you mean certain times of the day are better than others. not so much if you mean time of charts like minute, hour, etc. events like news, opens, etc that happen at predetermined times are very important.

 

[toucan]

1 and 5 minute, NQ/ES/YM/RTY/GC/CL

Time is very important, almost as much as price.

i trade CL, NG, HG, GC AND SI

 

[SunTrader]

i agree if by time, you mean certain times of the day are better than others. not so much if you mean time of charts like minute, hour, etc. events like news, opens, etc that happen at predetermined times are very important.

Time of day, time squaring and time squaring price, time retracements and projections and lastly short term time cycles. News events are non-events for me. I stand aside.

 

[toucan]

Time of day, time squaring and time squaring price, time retracements and projections and lastly short term time cycles. News events are non-events for me. I stand aside.

thanks... as ever, all traders use different tools and trade differently to get those elusive profits.

 

[ironchef]

i agree if by time, you mean certain times of the day are better than others. not so much if you mean time of charts like minute, hour, etc. events like news, opens, etc that happen at predetermined times are very important.

In my 6 months of paper + live and prior studies earlier this year, I found two phenomenas:

1. Time of day. Activity level and sometimes, volatility level depend on time of day.

2. Time frame. I found each stock seemed to have it's own "personality" and time frame.

I suspect you use 25 ticks because it works best for your market.

For the stock I trade, I read tape and use tick by tick.

 

[toucan]

In my 6 months of paper + live and prior studies earlier this year, I found two phenomenas:

1. Time of day. Activity level and sometimes, volatility level depend on time of day.

2. Time frame. I found each stock seemed to have it's own "personality" and time frame.

I suspect you use 25 ticks because it works best for your market.

For the stock I trade, I read tape and use tick by tick.

agreed... 25 ticks works as a starting place for the futures markets that i trade... but during the day, i adjust that if the trade/tick volume increases..

i remember that stocks each had their own personality and time frames and time of day activity was important because of volatality and possible good moves. during volatile times in the day, the price tended to trend more.

 

[padutrader]

early entry is the lowest risk highest reward entry.

risk may be low and reward may be high but win rate may be terrible.

and the reward is high only if you hold and hold and hold....

this is what very very very few do

 

[padutrader]

Looking at a chart after the fact, early entry

please look at a chart and see how many early entries failed and got stopped out.

 

[padutrader]

Yes, only AFTER THE FACT.

yes and ironically,how many have counted the number of early entries...... that got stopped out?

most ironically not me!