TraderEX -ES e-mini-One Tick Warriors Unite-Tradovate

Hi Trader Ex, thank you for given me work this weekend.
highly appreciated !!
we learn the basics and then we give results good and bad until it works.
nice weekend.!
 
TraderEX said:
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I keep records for everything as you never know when the data becomes relevant. I gave bits and pieces of my work, which I have stated for weeks now, that it took me over 10,000 hours. A full time job is 2000 a year.

I can say with certainty, based on a life long track record, that my 10,000 hours in pattern recognition are more productive than yours will ever be. So sharing is my answer for selflessness. Comes with maturity, says Piaget, and a desire to not be selfish 10,000 hours is the real saying based on the time it takes to earn a PHd, an expert...
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And it does not take an expert with a PhD in math to conclude that 10K hours is a meaningless number to base anything on, just like the whole idea of 95% of all traders blow their accounts.

Let's step back for a minute and do some phD level mathematical calculations on the 10,000 hour thing.

A full-time job, by your calculation, is 2,000 hours per year. That is about 8 hours per day over 365 days. Excluding weekends and holidays, you come up with 250 days per year at 8 hours per day. That is reasonable.

Now, let us calculate how many hours per day it would take to accumulate 10,000 hours of "time on the screens" in a year.

Hmm, the math shows that it would take 40 hours per day over 250 days to get 10,000 hours in a year.

Well, that just isn't possible, since the earth's rotation provides us with only 24 hours in one day on any fixed spot on the planet.

So basically, in order to get 10,000 hours of screen-time, you'd need to spend 8 hours in front of them over 5 years at 250 hours in each year. In a regular job, it would take the exact same amount of time (5 years) to gather 10,000 hours of "real experience".

So if you DID manage to get 10,000 hours of screen time in less than like 5 years, you are supra-human and have broken the theory of time. Fascinating, Cap'n.
 
Science said:
Hi yes i mean stop loss. Tested this methode on demo an have about 70 % win ratio. Switched to Tradovate for commissions and was glad to hear from you that it almost gives same fill ratio etc like in real. Because most demo’s dont. They Just fill etc . Now i have to figure out when the trend dies. I saw your explanation regarding volume and onderstood it concerning market hours. Thank you for that by the way. Looked with this info to other european indexen like the DAX. And yes i saw there is a time to have a beer and one to trade. In demo tradovate i cant find the column on the right side concerning orderflow. Is this Only on life Trading maybe. Anyway hope to hear soon from you . You gave me a hell of a night yesterday when i found Some one with same ideas and it seems to work. Most of them are garbaging about RR etc .. Risk pays !!but risk in a way we Still feel comfort !
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Many have the same idea. From what I hear here, no one can pull it off. Since momentum is the key and volume is a function of momentum, the best contract for me is the ES. I know of no other contract that executes more. I have only experimented with the ES, YM and NQ. Let me know if you find another contract that its. The column I think you are referring to is a tic chart from the Tradovate sight.One of the buttons behind the the + in the upper left hand corner.. It requires plenty of computer resources. i do not use it when I am trading, slows the processor when the volume spikes.
Some of the guys do not like me here for reasons that I share real information for free. If my account dries up for some reason, I'll get a hold of you and the other newbie DG. I thought his name was DJ and he was doing a BJ(bong job). 70% is great but I need 83%. You need the filters but first practice the general plan. tradovate offers replay so you can practice during off market hours. Use a 2-4 trailing stop loss for a bracket. Use a market order for entry and the bracket sets up. In and out in as least time as possible for me.
 
Overnight said:
And it does not take an expert with a PhD in math to conclude that 10K hours is a meaningless number to base anything on, just like the whole idea of 95% of all traders blow their accounts.

Let's step back for a minute and do some phD level mathematical calculations on the 10,000 hour thing.

A full-time job, by your calculation, is 2,000 hours per year. That is about 8 hours per day over 365 days. Excluding weekends and holidays, you come up with 250 days per year at 8 hours per day. That is reasonable.

Now, let us calculate how many hours per day it would take to accumulate 10,000 hours of "time on the screens" in a year.

Hmm, the math shows that it would take 40 hours per day over 250 days to get 10,000 hours in a year.

Well, that just isn't possible, since the earth's rotation provides us with only 24 hours in one day on any fixed spot on the planet.

So basically, in order to get 10,000 hours of screen-time, you'd need to spend 8 hours in front of them over 5 years at 250 hours in each year. In a regular job, it would take the exact same amount of time (5 years) to gather 10,000 hours of "real experience".

The 10,000 hour thing I stated was something from a real life saying. Not my saying but I used it a reference having no other reference. The time I spent doing this only means I am not a genius. I am a diligent inventor. A market replay feature allows 24/7 access.

I new I would here from as you post mostly about things that too expensive and this is free. If you check through my posts you will see that I have already posted that this took me 3.5 years (875 weekdays). 8 hours days are for W-2 workers. Entrepreneurs get the job done ASAP as they realize that no glory exists until the project is viable. I can only assume that you have played a little "safe" in life and relied on others for a place to go to work.
I was disappointed that you didn't tell me why Trump was going to get us. When I did my Research paper for my MBA one of the rules were that information needed to come from 2 credible sources, other than stated opinions. Maybe you forgot me.
In any event, this entry/one tic exit play is yours to do with as you please.
For me, trading is exciting for a few minutes per day. I have read from many fearful traders that if you share your edge it will disappear. That's were I am at now. Will it disappear? If so, how long until it returns to me?(not if, when) Closing in on a 3 tic scenario. Demo is producing -4%(plus the vig, always plus the vig) as the play stands.
Science said:
Hi Trader Ex, thank you for given me work this weekend.
highly appreciated !!
we learn the basics and then we give results good and bad until it works.
nice weekend.!
More...
Stick around, more free stuff about this soon. Teaching is different from doing. I'm used to doing.
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Science said:
Hi Trader Ex, thank you for given me work this weekend.
highly appreciated !!
we learn the basics and then we give results good and bad until it works.
nice weekend.!
More...
Works just fine in the ES. Two losers yesterday for. Was 100% until you mentioned stop losses???
 
DeeGee said:
Does the Oracle have a prediction for today?
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See, completely wrong again. Forecasting for more than a few minutes is beyond me. I'm good in the very short term as we see and I have long term vision as well. Someday in the future, the market will be higher. ORACLE EX

make sure you read my order entry post #348. Science is reporting 70% win rate in the first hours of his awakening. Hope it works for you too.
 
SouthbeachCTA said:
as soon as I read the strategy of capturing one lowly tick (using a market order none the less)... its definitely amateur hour here...

my 2 cents..
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my 3 cents figure out which one you violated bother me again and get what people who do not follow the rules here get...make sense?

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