If stop for some reason doesn't get hit then I hold to afterhours at most. Edit: Hit
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Snuskpelle's (kind of) Intraday Adventures 2019
- Thread starter Snuskpelle
- Start date
Buy NAS100USD x 20 @ 7621 stop 7615
To be clear, I think my biggest systematic error is that when there's a clear intraday trend (like last 20 minutes previous days) I have a mental block towards simply trying the opposite trade; "it's too easy so it must reverse!" So I end up failing for 3 days straight. To be fair, price movement has also been jerky today and the lack of a way to pocket profits (while according to my strategy to go AFK after setting a safe stop) has its drawbacks.
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Move stop to breakeven. Think I'll risk midnight gap. Edit: Stopped
Buy NAS100USD x 14 @ 7599 stop 7589
Have a hard time to believe it will become worse than this unless momentum continues and we get a proper meltdown. Anyway, don't listen to me I've been longing like a moron all week. If there is a worry it's that Chinese gov intervention on their stock markets might keep prices artificially up (which would probably fail eventually).
Have a hard time to believe it will become worse than this unless momentum continues and we get a proper meltdown. Anyway, don't listen to me I've been longing like a moron all week. If there is a worry it's that Chinese gov intervention on their stock markets might keep prices artificially up (which would probably fail eventually).
Sell HK33HKD x -40 @ 28656 stop 28655 (moved down)
Trying to switch direction on evident down trend as mused on previous evening. Stop hit (narrow)
Trying to switch direction on evident down trend as mused on previous evening. Stop hit (narrow)
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Taking a brake from intraday until I have a automation that handles riding a trend as past couple of days has convinced the fully manual approach is making me lose out on most opportunities.
It should be enough for me to press the up key on keyboard to specify that I think the market is trending up, and down key that it's trending down, and then have automation handling issuing orders (at systematic size), limiting risk, and ultimately taking some profit before trend reverses.
Think it will take me two days of work to have a prototype, will see when I get this time available.
It should be enough for me to press the up key on keyboard to specify that I think the market is trending up, and down key that it's trending down, and then have automation handling issuing orders (at systematic size), limiting risk, and ultimately taking some profit before trend reverses.
Think it will take me two days of work to have a prototype, will see when I get this time available.
(Also today being a girlfriend day means I missed the reversal I've been waiting for whole week. Fun times. If I had above automation I would basically put it on uptrend and go AFK.)
CORNUSD stop blown through on Friday (you can probably guess in response to what). Minor trade size no big deal, that said it kinda sucks given that it was on decent MFE within a few hours of entry. Anyway, acting according to plan is more important.
Implemented backtest of trend following strategy, will probably take one more day of coding to realize it (maybe I can finalize it tonight but doubt it). Main point of this is to leave the big picture to me (and activate strategy at any time without having to optimize the entry point which locks my brain into a "must have counter-trend entry!" mode and proceeding to miss most trends). Sharpe ratio 8 on last week, remains to be seen what I can accomplish in reality.
Implemented backtest of trend following strategy, will probably take one more day of coding to realize it (maybe I can finalize it tonight but doubt it). Main point of this is to leave the big picture to me (and activate strategy at any time without having to optimize the entry point which locks my brain into a "must have counter-trend entry!" mode and proceeding to miss most trends). Sharpe ratio 8 on last week, remains to be seen what I can accomplish in reality.
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Finished preliminary trading application that incorporates trend following algo I backtested in weekend. It's extremely simple and just a single process (C#/WinForms) for now, meaning not incredible fault tolerance. It does set stoplosses properly baked into the trade entry order so risk is fairly well defined.
In forward testing while developing today I made simulated monies, then again today was a proper trendy day. Will be considering to running it live, I did rush getting this running for a reason; I am sick on missing out on great trendy market moves like last week.
In forward testing while developing today I made simulated monies, then again today was a proper trendy day. Will be considering to running it live, I did rush getting this running for a reason; I am sick on missing out on great trendy market moves like last week.