You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Trading Dummies
- Thread starter Babak
- Start date
I will say that TI does cause headaches... I think it's just a matter of getting the parameters tweaked properly though. That being said, I've got a decent set of parameters right now but I do have the problem of getting too many results... gotta work on that.
If anyone knows of a scanner (other than IBs - not an IB client), let me know. So far today no big winners, but I've got open shorts on HMT, SPC & KNX. Longs on AVII, EYET, and WY. Stopped out on 3 other longs so far.
I'll post the results at EOD.
Good trading!
If anyone knows of a scanner (other than IBs - not an IB client), let me know. So far today no big winners, but I've got open shorts on HMT, SPC & KNX. Longs on AVII, EYET, and WY. Stopped out on 3 other longs so far.
I'll post the results at EOD.
Good trading!
Well, not the greatest day today... once again a tight range on the indices. Ended up with -1.5% ROI on 9 trades today.
Stopped out on Longs: VRTX, PCH, MWV
Stopped out on Shorts: KNX
Broke even on EYET long & small winner on HMT short.
Only 2 decent trades, a 1R trade on AVII & 2R on SPC. I'll post a chart for SPC with my entry and exit. At the time, it looked as though the trend may have been stalling, so I decided to exit around 2pm. The trend continued and would have allowed me to turn it into a 5R trade... Just have to work on scaling out of the trades a bit more, so I can maximize my profits.
Good Trading!
Stopped out on Longs: VRTX, PCH, MWV
Stopped out on Shorts: KNX
Broke even on EYET long & small winner on HMT short.
Only 2 decent trades, a 1R trade on AVII & 2R on SPC. I'll post a chart for SPC with my entry and exit. At the time, it looked as though the trend may have been stalling, so I decided to exit around 2pm. The trend continued and would have allowed me to turn it into a 5R trade... Just have to work on scaling out of the trades a bit more, so I can maximize my profits.
Good Trading!
Attachments
Great trade! Nice R/R on that one...
Just curious, I'm guessing you didn't see ASEI on your radar until mid-day... it would have been a killer trade had you entered on the break of the 2nd bar.
How long have you paper-traded and how are your results so far?
Pete
Just curious, I'm guessing you didn't see ASEI on your radar until mid-day... it would have been a killer trade had you entered on the break of the 2nd bar.
How long have you paper-traded and how are your results so far?
Pete
Quote from HorsesToTrading:
Great journal guys...
I have been paper trading this method for a little while while following this journal...
Trades for today (1)
ASEI
Tight bars formed...held 'til EOD
risk (per share)=.30
return (per share)=2.06
I follow the 3 bar wait rule...Quote from Pete3212:
Great trade! Nice R/R on that one...
Just curious, I'm guessing you didn't see ASEI on your radar until mid-day... it would have been a killer trade had you entered on the break of the 2nd bar.
How long have you paper-traded and how are your results so far?
Pete
I have been paper trading for about 20 trading days and the results have been great...how long have you been trading it and how are your results since starting?
Quote from Pete3212:
I will say that TI does cause headaches... I think it's just a matter of getting the parameters tweaked properly though. That being said, I've got a decent set of parameters right now but I do have the problem of getting too many results... gotta work on that.
If anyone knows of a scanner (other than IBs - not an IB client), let me know. So far today no big winners, but I've got open shorts on HMT, SPC & KNX. Longs on AVII, EYET, and WY. Stopped out on 3 other longs so far.
I'll post the results at EOD.
Good trading!
Pete you just need to look at the filters that is how you limit the alert number
http://www.trade-ideas.com/FAQ.html#Q1