Given the sorry state to which this thread has sunk, I am reminded on one of Rodney Dangerfield's one-liners: "When I was born, the doctor slapped my face because he thought it was my ass!" Sam's son, if you look up the literal meaning of exodus, it is "road out". Take it.
Steve46 and Hypostomus Debate Trading Strategy
- Thread starter hypostomus
- Start date
Quote from Exodus:
LOL
Don't worry I'm outta here ..... you guys are just way tooooo smart for me.
Well that is an unexpected change and well done.
Understanding your own limitations is the first step to recovery
Good luck to you and your mental health specialist(s), you have quite a job ahead of you...
Steve
So, Stevo, having had the misfortune of intersecting with you rarely, and then only when you called me an idiot, let me start from scratch. Do you trade stock index futures intraday?
Thanks. (I cut my literary teeth on Platonic dialogues, which I still love, so please play along.) So do I. May I ask what your preferred intraday hold time is, if any?
(I also like Mutt and Jeff, Martin and Lewis, and Laurel and Hardy, but we'll let our respective supporters decide which is which.)
Interesting that you are working on a system. I usually trade the morning and do real-time code development mid-day afternoon, when I can see the results creeping along.
You must be very confident of yourself to be able to hold all day. I wanted to this AM, but took the 7 NQ points and ran. I much prefer to scalp because I feel more comfortable betting inside consolidations, and I am not very good at assessing trends.
I think folks might find it interesting if we discussed in generalities how we trade (or at least how YOU trade, haha!), avoiding anything faintly specific. I assume that you chart? I always ask folks what bar period they use, I use one minute and one second, how about you?
Interesting that you are working on a system. I usually trade the morning and do real-time code development mid-day afternoon, when I can see the results creeping along.
You must be very confident of yourself to be able to hold all day. I wanted to this AM, but took the 7 NQ points and ran. I much prefer to scalp because I feel more comfortable betting inside consolidations, and I am not very good at assessing trends.
I think folks might find it interesting if we discussed in generalities how we trade (or at least how YOU trade, haha!), avoiding anything faintly specific. I assume that you chart? I always ask folks what bar period they use, I use one minute and one second, how about you?
I dont mind offering some comments, however I am working so we may have to suspend this if/when my attention is required to manage my position.
I monitor price on 4 charts, using 15, 5, 3 & 1 min candles
I also use a modified linear regression system so that I can obtain approximate odds of price moving in a direction. I monitor the difference between advancing and declining volume to confirm my choice on the macro scale, and when in a position I may look at other indications including Tick, Ticki, and Trin. My charts include daily, weekly and monthly pivots. I also use the DDF (which I credit to Dr. John Clayburg and Joshua Lukeman).
If I remember correctly I have put this in the public domain some time ago.
Steve
I monitor price on 4 charts, using 15, 5, 3 & 1 min candles
I also use a modified linear regression system so that I can obtain approximate odds of price moving in a direction. I monitor the difference between advancing and declining volume to confirm my choice on the macro scale, and when in a position I may look at other indications including Tick, Ticki, and Trin. My charts include daily, weekly and monthly pivots. I also use the DDF (which I credit to Dr. John Clayburg and Joshua Lukeman).
If I remember correctly I have put this in the public domain some time ago.
Steve
(I also like Abbott and Costello, so excuse me if I slip into Costello mode occasionally. No doubt kibbitzers and kibbutzers will be unable to resist the temptation to play Three (or more) Stooges, which we may chose to indulge them in IF they remain civil.)
I understand. I am prohibited by one of my sometimes stupid rules from trading just now. I apologize for not being familiar with your work. Can you post a link?
So if I understand you correctly, you do not share my passion for what I think of as the "micro" of trading, events faster than a minute, at the second or tick level? My obsession with that reflects my belief that the micro determines the macro.
I understand. I am prohibited by one of my sometimes stupid rules from trading just now. I apologize for not being familiar with your work. Can you post a link?
So if I understand you correctly, you do not share my passion for what I think of as the "micro" of trading, events faster than a minute, at the second or tick level? My obsession with that reflects my belief that the micro determines the macro.