Trading on "Instynct" (NQ)

I like your thread guys. Do any of you use $tick to time entries. Also with trading so frequently it looks like commission rates is a huge factor in the net P&L. Hope y'all make some serious dollars.
Thanks.
 
Woke up really late and missed those opportunities to buy at Prev HOD. Then missed the break out above VWAP at lunch since I don't normally trade the 2 hour lunch period from 9-11 pst. But its ok, my goal is to trade light this week and just stay out of trouble while I try to get back in the groove of things. Probably skip the rest of the day.
 
Quote from bigarrow:

I like your thread guys. Do any of you use $tick to time entries. Also with trading so frequently it looks like commission rates is a huge factor in the net P&L. Hope y'all make some serious dollars.
Thanks.
More...

I personally don't use $tick but I do know some people that do and work really well for them. Commisions is definitely big factor for small retail traders like myself. So I really try to do both scalping as well as look for larger moves. Whenever I feel the market is fertile for a large move, I do my best to hold on for a larger objective/target.
 
From my experience, if you are able to gain some value from volume, then you may be able to derive some value from tick and trin. No on all counts for me. They tend to lead me down too many false paths, and just add confusion.
 
Let a couple of nice trades turn into small losers because I didn't feel like scalping today. Overall -0.75 on 5 trades, only one winner for 4.75

It will get better hopefully sooner rather than later.
 
You must log in or register to reply here.
Back
Top