Can someone help me to use this?
- Thread starter jdkgroup
- Start date
after a few years you end up filtering out the slow days..
basically the slow days, the intent has no follow through..
you can sense impending volatility, you will be able to see every tic movement in different light, you sense the market participants playing games, the larger players can 'jump' the tic a handle or two..program trades are continous unidirectional volatility... after news events..usually.
then even finer resolution occurs, you end up only trading the first couple hours and last couple hours of any given day.
by trading I mean using meaningful leverage for account size. You wont concentrate on deciphering the tic movements when money isn't on the line.
it takes hours and hours of watching the tic movement, eventually you will get tired of watching it...
1) take small losses
2) let the trade run longer then the time you let the loosers run..
3) get out when the tic vector violate MA's or trendlines..
again the hardest part people have is taking small losses...and only get out of winners when the tic dynamics indicate so.
basically the slow days, the intent has no follow through..
you can sense impending volatility, you will be able to see every tic movement in different light, you sense the market participants playing games, the larger players can 'jump' the tic a handle or two..program trades are continous unidirectional volatility... after news events..usually.
then even finer resolution occurs, you end up only trading the first couple hours and last couple hours of any given day.
by trading I mean using meaningful leverage for account size. You wont concentrate on deciphering the tic movements when money isn't on the line.
it takes hours and hours of watching the tic movement, eventually you will get tired of watching it...
1) take small losses
2) let the trade run longer then the time you let the loosers run..
3) get out when the tic vector violate MA's or trendlines..
again the hardest part people have is taking small losses...and only get out of winners when the tic dynamics indicate so.
Quote from Pekelo:
So, have you found anyone?
Well, Pekelo...first of all, you have been a great help. Thank you for the advice & PMs.
I did meet up with a ET member that had PMed me to talk shop, which I did enjoy & I learned alot....and I have spoken to several others on the phone...all were helpful....I'm taking in all I can & developing (trying to) my own style.
I will say that I am making progress. I am working on discipline & screen time.
Still looking to watch a great trader live....for which my quest continues.
BTW....there truly is a weath of knowlege here on ET, not only in the threads, but also in the sincere members....just have to sift through some crud sometimes to get to the jewels.