I am looking for someone to review my /YM (paper) trades before I go live

[Overnight]

There is a reason for this...

You have gone from trading FX to YM futures at a very bad time, and come here looking for advice on what you may have been doing right/wrong or what you may have been missing. You caught a lucky break on a down move with Powell's comments today. The tone is rough because Futures since early Oct will mess you up bad.

Looking at the entries and exits you made on a day like today is pointless, because how would you have fared when the market did not move, period? I do not think one can go from FX to Futures and expect to have the same grasp on the problems involved.

No insult intended Mr. Klingon. Where is that thick skin, and the warrior in you? Wanting to take on the futures world? Ease back man, and realize that your sim results mean totally nothing.

You MUST understand this. It is VITAL to your survival in the world of the real.

P.S. If you wish to have the thread deleted, you can send a PM to @Baron or @Magna . They will do this for you if you ask.

 

[murray t turtle]

Overnight...... Today I used market orders to trade /YM starting at 23,892, made 7 quick trades as the Fed announcement slammed $DJI down. I know limit orders are more accurate in fill price, and I do not care about a tick here and there with slippage using market orders as I was able to get in 7 quick trades in 5 minutes as the Dow tanked.

All I wanted was for someone to look at a set of trades I made and tell me if it looked right. But I can see I do not stand a chance against all the veteran traders on this forum, so thanks for the contribution...

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Sounds OK; since the main trends a are mostly down. I use more limit orders; but markets liquid enough to use market orders. I would not enter a short, on DEC 31......................

 

[Illini Trader]

I know limit orders are more accurate in fill price, and I do not care about a tick here and there with slippage using market orders as I was able to get in 7 quick trades in 5 minutes as the Dow tanked.

It is not just a tick here and there. TOS always fills you at the last price traded so you are off a tick on just about every order. You need a good simulater like Sierra Charts that sells to the bid and buys the ask on market orders and also lets you bulid in commissions into each sim trade. Do this successfully for months then you know you can trade successfully on a simulated basis. Why then would you need confirmation of the very results that you can clearly see.

Another factor is that TOS futures quotes have a hard time keeping current in very active markets so any results on the TOS demo account are suspect from the gitgo. TOS is king of options but horrible on futures.