First off, in the financial futures market, rest assured institutional investment size pays no attention to what pikers say on trading forums about their "trading secrets". We're simply trying to get a decent read of which institutional money side has the advantage at any given point in time where "given" is an area, not an exact price.
Very simple things can and do work. The money management "trick" is to bet in a way to where the market catches you wrong when you're holding your smallest amount of contracts and catches you right when you're up to a decent to full size in a trade. This does not discard the method of all-in/all-out, just that it's most likely more stressful given the more violent gain/loss swings you'll experience and that's why accumulation is easier on the nerves.
IMO, virtually any total piker can trade a micro NQ, RTY or YM contract where your max size is 1 to 2 contracts (i.e. represents 1 or 2 emini contract chopped up into 10 or 20...yeah, I know...duh!) and they're not doing dumb things like continually adding to a continually losing trade. Again, IMO, this is probably the most stress-free way to trade as being wrong on 1 to a few micros vs being right when accumulating them to a larger multiple will help keep you calm and cool during the drawdown periods. I would ignore the naysayers who would argue that the added transaction fees will nullify your edge. We're not talking about hyper mico-scalping here (where that case could hold true). For example, with a 10 micro contract max per trade, given the current volatility of the MNQ, one could expect to regularly make in the range of $300-$1200 in any given morning during the first 2-3 hours (just my personal experience).
As has been noted by many of the highly experienced traders on these forums, do not try to automate your daytrading/swing strategies unless you can master trading them manually in real-time.
[Nothing I do is "a trading secret". The only reason I don't post detailed trading strategies is because the blow-back of negativity or time-consuming answering of details ensures that absolutely no good deed goes unpunished. as an example, look no farther than NoDoji's prior posts before she left ET for good.]
1. Does any trader tell his trading secrets on public forum? I don't see and otherwise OP can get free edge without paying his share of profit.
So how institutional investors pay attention to something that does not exists? What is logic of your saying so?
2. Trading is so tough because everyone hides his secrets, including institutions.
3. To know which side of big money has advantage at any given point is easy, just look at the market to see it is going up or going down at any given point.But to say that information is enough to help anyone to make consistent money is to tell a joke.Your saying that very simple thing can and do work suggests you are not a good trader as yourself assume, and so far, nothing in your post suggests you are a winning trader.
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