This happens over and over again in ET. We get a trader coming to ET as a new member...this is a trader...not a newbie and we chase him off...Why? Everybody has something to give.
ES
ES
TraderEX -ES e-mini-One Tick Warriors Unite-Tradovate
- Thread starter TraderEX
- Start date
Agreed. There are a lot of trolls here. But there are also a lot of BSers who come on here to try and sell a system or get a membership fee too. I just wanted to know how he traded, I'm genuinely interested.
I instead concentrate on losing percentages instead of profitable percents, if you can keep losing under 5%, averaging down can make sense, you doing very well at this, so taking the MAE "mean" average, add another contract there and use risk of original position, so if you risking 3 ticks, put another on at minus 2 ticks and you be risking one tick.
The way I understand what you are doing, using market orders? That alone you losing a tick as you not trading size...yet, trading small ought to pay the extra 7 bucks and get the Dome(can move targets faster doing manual and watch Dome long enough-there are patterns to increase your edge) and put in limits for getting 2 ticks on limits. Any time we use market order we losing a tick, when you start trading size though, can't do much on limits-or you give away your position, you then come up with sneaky ways of entering/exit through automation.
Whether you scalp or do day trading, only couple ways of entry, either to be waiting for price to come to where you want to get in or momentum of going with the flow. Longer you trade, your outlook will change about price, really don't matter 99% of the time where you get in as price has it's own agenda. I am more of a chartist but now designing physics into some methods, require heavy back testing to formulate reasons of getting out or not taking a trade(95% of my time spent), getting in(1%), reversing(4%). So I have designed systems for most part that stagnant and start putting on position early so price will continue to go against position so much, some days hardly any add-ons like today between 9:05 and 10:10 Which was slow moving chop. Trend allows insane volume and most times less ticks per trade but have to scale out so as not alter supposed retail flow.(trying to mask my positions). I use "time" of being in hugely and "grade" my trades in seconds with 90 being the limit but this alters based on volatility which I use set parameters. Most scalps out under 90 seconds that go 3 ticks, whereas ave down positions been sometimes an hour and all the while putting on different signals. I trade through reports and almost always hedge position and hope position goes against me horrible against me to reap off the hedge and reverse options when patterns for extreme are completed most of the time. I ave 20-125 scalps per day, and usually net 9-27 bucks each based on weekly stats, less trades higher average.
Most of the time ES allows you to get out of ultimately bad position at "BE", but you have to study much to know if you in a bad position, most trade too long and last trades of a trend do them in, so unless the extremes were made from sharp rocketship move, failures to re-establish new highs/lows can often allow to get out where one got in at breakeven.
And yes, my losing days happen cause of the averaging down, I have very wide stops for a scalper, has NOTHING to do with needs of ego or taking a lose, but ave down increases my bottom line by min 60% for the year, so what if I wipe out 3 weeks of profit, been doing this a long time. And my long term commodity system, winning trades are usually between 5-15% each year, my risk is usually near zero when you hedge correctly.
I am posting less cause I simply don't understand human beings much, people have thick or thin skin, most can verbally defense themselves or challenge others opinions, I can't for whatever reasons, had much difficulty when young pronouncing words, so words I use are what I can speak, I quit med school after one semester cause of this affliction. I live a life where I have to go by my own made dictionary of when people being rude, life is just easier being a hermit and playing this game each day. If you don't like what I post, put me on ignore, I have some 20 on it and growing.
Am not selling anything, no seminars, no nada, working on starting private hedge fund, maybe public one day.
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Your input is appreciated. Jerk offs like ochocinco amuse me. I'm fro NY so bull shitters do not get past me
Can you follow this? Market at bid 2800.50 bouncing. Market order filled long at the ask. 2800.75. Bouncing between both. BE and minus one are the reality. From the ask it jumps up and I'M IN LINE. ALL THIS REQUIRES IS A small edge. Unlike the talkers I posted. Phag thinks it's photoshopping. WHAT DO YOU THINK? Your entries have earned your respect.
From NY as well, that is why I could easily spot your constant desire for vindication from strangers is required to validate your tick system and self worth.
Market order to buy filled at the ask....... ok...and you wonder why no one believes you.
Market order to buy filled at the ask....... ok...and you wonder why no one believes you.
I disagree with you but do respect the intelligent objection. Yes, 83% for BE. Not demo, real deal. TY
Then post a redacted broker statement (hiding the important information like name, addy and account number) with said trades. If you refuse to do that, then this is all sim/fake.
I am sorry to "be like that", but it is the only way to verify your claims on an Interwebs.
My topic was about 1tic strategy. It never happened, did it. Because it works, as I stated, I recently started to look for the next steps. One week 1600 trades winning 1945. That's $1.21 profit. ALL single tic and $2.58 per rt. That's 4 in exchange fees. Again, using a 2-4 tsl, my risk at any one is 62.50. I use 3 at a time, witj 2k margin. My risk per trade is max 187.50 . Rarely is that case. Try, you,'ll see. I would say when I lose it is 3-4 , 60/40.
This what I wanted in the discussion. Because Tradovate took only $200 on their end. I profited, only them.
Also one tic strategies
If appropriate, life after one tic success. Still developing 2-3.
Check Handle123, That's what I hoped. Few other guys. Mostly negative buttheads. Read the thread through from the beginning and decide. Or don't, this is dealers choice. This thread is over.
This what I wanted in the discussion. Because Tradovate took only $200 on their end. I profited, only them.
Also one tic strategies
If appropriate, life after one tic success. Still developing 2-3.
Check Handle123, That's what I hoped. Few other guys. Mostly negative buttheads. Read the thread through from the beginning and decide. Or don't, this is dealers choice. This thread is over.
Handlebar123 .some insight. Savant you're close, read the last post.