up to 5 contract pyramid, trade volume is higher, a variation in signal fills and broker fills can skew the results.
ES Journal - 2012
- Thread starter Buy1Sell2
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institutional up to 100 contract block size
up to 1000 contract
simple but effective, gets out at 1 point targets.
Bad trades, price rarely comes back to let you get out.
Good trades, price rarely comes back from being profitable at the outset.
True direction, False direction can be elucidated on which parties get to exit. And if your allowed to exit from a bad trade at break-even, it means you shouldn't.
Good trades, price rarely comes back from being profitable at the outset.
True direction, False direction can be elucidated on which parties get to exit. And if your allowed to exit from a bad trade at break-even, it means you shouldn't.
spec has been around for a long time ,don't insult, the 1st of a set of ma's has dropped to the 30% mark http://www.insidestocks.com/momentum.asp bottom of page
2009 - 2010 , I went through a divorce and was reckless with my life, bought sportscars and ducati's.. Had 4 vehicles to my name. During that period I didn't trade much. I was a local in '95-96 Chicago pits trading T-Bond Futures, I cleared through Singer/Wenger.
Trading requires dedication and drive and when your going 140mph on a ducati it puts things in perspective. Right now working on setting up a API witha clearing firm to get better fills and be localized to exchange. Staying humble is my core.
With experience, I have grown extremely skeptical of most people's ability on ET to make consistent money. I have also realized that a lot of guys on ET are very young (college students) who really have no bankroll at all. Also there are a lot of paper traders here. When I started using ET, I used to think a lot of people here are very successful and are profitable traders, but with experience I learnt otherwise. I also see that there are a lot of vendors and sharks out here on ET trying to profit from fresh meat.
You will see me frequently asking other posters if they are making money or not. My intention is not to insult anyone in particular, but people should be willing to say if they are making money or not. Helps in separating chaff from the wheat.
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