TraderEX -ES e-mini-One Tick Warriors Unite-Tradovate
- Thread starter TraderEX
- Start date
What you clarified BE OPPORTUNITY. The can be forgiving. I personally set the bracket and play through. I see what you have summarized as correct. LATER savant
TY informative and funny. Ave down saved me until it wipes me out. Figured i cannot win 2 or more tics unless I can consistently win 1. If I get 1 tick real quick then I move my target to 2, sometimes 3. Beats working for a living! I need 83% to break even and volume to win. LATER
I tried averaging down before it never turns out good...a trending day can wipe you out...
Same here. For me equals ruin.
Totally confused...you agree with Handlebar...but then you don't agree? I am so stupid. I do not expect to be spoonfed but really I cannot decipher code... Folks what am i missing here...Help
ES
P.S. I do not hedge or trade with options.
ES
P.S. I do not hedge or trade with options.
I guess I must add more trades with the same bracket to the same trade if it goes against me 1 tick but has not stopped out yet...but I learned never to do that.
I guess bumping up the target would help if I get one tick in my favor right away...I guess that is the message.If you keep moving the target the TS could take you out at a profit...lol
This is too much theory...I got to learn how to trade this with more hours...I cannot even show a consistent profit...just net losses as usual. Sure I was 7 for 7 the other day...but that was my best day after hundreds of hours. I have never repeated it again. Feel like giving up.
Es
P. S. I got a demo of NT7 now...very intersting DOM features on there with advanced ATM strategies. I am sure somebody smarter than I could adapt it to this one tick trading.
I guess bumping up the target would help if I get one tick in my favor right away...I guess that is the message.If you keep moving the target the TS could take you out at a profit...lol
This is too much theory...I got to learn how to trade this with more hours...I cannot even show a consistent profit...just net losses as usual. Sure I was 7 for 7 the other day...but that was my best day after hundreds of hours. I have never repeated it again. Feel like giving up.
Es
P. S. I got a demo of NT7 now...very intersting DOM features on there with advanced ATM strategies. I am sure somebody smarter than I could adapt it to this one tick trading.
Last edited:
How long have you been trading? How many losing days in a month do you average? I have had one week in fifteen years that I remember of having no losing trades out of just under 300 trades but going for a tick...I don't know, but if your stops are 4 ticks, it is doubtful of no losing trades in a month.
I have a buddy I met at ET, we PM'ed a few times, he does well at only goal of 2 ticks, he doing 200 lot clip finally after 3 years, he does 3-5 trades in 2.5 hours and quits for the day, one loss and he is done for the day, but he has a life outside of trading. I think he only stayed three days on ET before he got tired of the sooth sayers, but he and I stay in touch email. He gets ave 2 losses a month. I have several friends who only stay for very short time...lol I often wonder that is reason I stay.
I think you doing as you say, I don't need any statements. People in this forum for most are lazy, exchanging almost anything useful seldom happens, people want all your knowledge and jump through hoops for them and then they still not happy, as sheep herders say of their sheep--"Flock them". I have called real time trades and all go against me and most don't lose, and when losses, they are huge, but it works for me.
We acknowledge we are trading random price, trend is actually after the fact intraday. So I am waiting for normal price, the "mean", little breeze to move it from the mean and high probabilities of returning to the mean or can start at the "mean" on momentum play, can see price i.e. volume picking up ask is at 2800.50/2800.25 bid and already touched ".00" for nano second on one lot, it either take the .50 or lose the opportunity for jump to 1.00 and you out and I need it to go higher. HFTs can push it 2 ticks in an instant, but I actually like when they do it for my own reasons.
I am using wide stops based on average Swing Range and wave ranges, wave counts(Elliott) breaking down price movements.
*****************
Just read you netting $1.21, way way too low, WOW way too low, have you calculated risk of ruin? I thought some of my weeks under $12 was bad. Most of my losses comes from reversing so they not full losses but just "losing" $100, I have to hit 3 winners for "BE" and that not counting whatever I averaged down and using 4 tick stops unless you trading chop, more prone for losses.
Last edited:
Order a Oil Vape pen online and have them deliver it, take a couple of rips and reread Handle123’s post, if it doesn’t make sense after that then delete.