Another ES Trading Journal

5/24/18: -8

Increased size today on non-system trades and got hit with by both reversal on early entry and whipsaw EOD.
Note to self: wait for price confirmation and increase size strategically.
 
5/29/18: 24.75

Too bad today was not done with 2x size. Also, made back a big chunk of the loss on non-system trades last time today. The above gain of 24.75 does not reflect any off-system loss or gain.
 
Palindrome said:
All markets move very similar to each other. Markets go from one extreme to another, in all time frames. Crude, ES, AUD, Silver, trade very similarly. One extreme to another, over and over and over and over again. I run the same system over 11 different contracts. I will never understand "ES only traders" It only makes sense in my opinion if you trade 5k lot per trade, where you need good liquidity.
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Based on recent closer look at my system, I think I am starting to see what you mean. I want to test my current system with other products/markets.

What else should i look at that have good liquidity and low bid/ask spread? Potentially, i want to explore markets outside of US trading hours.
 
5/30/18: 0 (no trade)

Missed entry price by 2 pts before the rally. Would have had 2x size today. Oh well, just venting a bit, but should be better off in the long term with the system.
 
Noone123 said:
Based on recent closer look at my system, I think I am starting to see what you mean. I want to test my current system with other products/markets.

What else should i look at that have good liquidity and low bid/ask spread? Potentially, i want to explore markets outside of US trading hours.
More...

US full time workers, hobby traders, can trade the morning Hong Kong session with the mini Hang Seng futures contract. Well rested professional traders on the other side of the planet will be happy to accomodate. Convert US to Hong Kong dollars (still pegged?) and trade with IB.
I never donated...ahh...did this...Good luck.
 
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