platform is mildly confusing i made trades last week that arnt showing up today same with the p/L statement i should also be 700 up from last week
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
direct statistical trading a "clearly" defined approach by NTW31
- Thread starter nukethewhales31
- Start date
i agree bilbod i try to use 2 to 1 leverage and nothing above that. I find its still easy to hit large % gains even with low leverage.Quote from bilbod:
The CME recently launched micro FX futures 1/10 the size of traditional FX futures.
You should not be trading leveraged instruments if you are not sufficiently well capitalized.
The smaller your risk capital, the greater the risk of failure.
Quote from lpn:
Interesting strategy, makes sense (at least for me)
I noticed that there are no posts since a week ago, hope that you didn't abandon the strategy. Any updates?
nope no one asks questions so i get bored so ive just been trading away and I went to go visit some fam and what not this weekend.
Quote from nukethewhales31:
nope no one asks questions so i get bored so ive just been trading away and I went to go visit some fam and what not this weekend.
I just finished reading the thread from beginning to end. My interest is to use the statistical approach to optimize a specific setup for futures trading (ES). Do you have more info on the analysis stage using tick data?
Cheers.
D.
Quote from manlycure:
I just finished reading the thread from beginning to end. My interest is to use the statistical approach to optimize a specific setup for futures trading (ES). Do you have more info on the analysis stage using tick data?
Cheers.
D.
without me know what your setup is for futures trading im going to have to be broad. With the tick data you can see how bars for or price moves per tick. once you define an entrance point like lets say a break high or break low of previous candle you want to know how far it goes before returning to open X% of the time..
you can use tick data to plot the path of formation using the point in time where price breaks that high or low.
Price may go 25 pips after a break but may form in a wave like pattern causing stops to be hit. but if you that it breaks the high it will 10 ten before waving back to run 20 up you can use the tick data and how price forms you can take at 10 safely and know your odds with stop and take.