I thought NoDoji was a student of yours at some point.
Did the student surpass the teacher?
Cornix's TA Performance
- Thread starter cornix
- Start date
I thought NoDoji was a student of yours at some point.
Did the student surpass the teacher?
Well, she wasn't a "student" of mine, rather picked a couple of concepts from me and much more from Bighog who's also a great trader. Speaking of him, yes he trades much, much better than me, hopefully I get somewhat closer in the next 20 years too.
Also, as I said, we have different goals. NoD shoots just for maximum points per contract on the best moving contract (you can maybe compare DAX to CL, but the same issue there, low liquidity), while I shoot for a very scalable strategy even if it means sacrifice short-term profit in exchange for long-term goal.
Quote from Redneck:
CF,
I wondered if this had a part in you starting this thread (actually thought it had more to do with this than proving something you�, me�, and a few others already knew)
A true lesson in being the player� and the coach
RN
Yea, I started it since April outside of ET and now decided to challenge myself on a new level, see if I can do the same under serious scrutiny. Because in my view, if I want a long-lasting trading career beyond the retail only level it's a must anyway to be able to handle the scrutiny and public attention, including negative attention.
Quote from toolazy:
how can you scale up 2 min scalp with small stop in NQ?
How do you know that 20 contract (or even less) is max limit. Any more, HFT crowd will notice your little stop.
You doing them a favour showing off
I call scalable strategy one with 1 day ATR + stop. Can be scalp as well.
Believe me, 20 contracts is nothing in NQ, proven with more already. Don't always trust the DOM, what it shows is not all it gives.
Next logical step is simply ES, which is basically the same action with much more liquidity and somewhat less volatility.
Quote from cornix:
Believe me, 20 contracts is nothing in NQ, proven with more already. Don't always trust the DOM, what it shows is not all it gives.
Next logical step is simply ES, which is basically the same action with much more liquidity and somewhat less volatility.
thanks for the info. I heard some people playing fine size 5M on breakouts with 10 pip stop on majors in currencies.
just bit paranoid, that's all... one can waste LOTS of time& money to figure out this.... Better prevention than cure is my approach. So I use larger stops and smaller size, although may get out much, much faster. But can't be anticipated when I decide to go out.
Like a poker.
I keep stats of my trades, so if suddenly stops get his suspiciously often as size increases I would notice. So far it doesn't confirm and I'm interested myself when exactly the limit will be pushed. But middle 2 digits size is nothing during RTH, I don't even get 1 tick slippage in most cases, doubt HFT cares much about it too.
As for 5M and 10 pips stop yes, 5M is nothing for EURUSD. I personally saw DOM of large Swiss FX pool, it has like 150-200MM each side during EU/US hours overlap not further than 1 pip away.