FOLKS! too much info at once...back to trading!
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Winning, Losing & BetSize trading the ES
- Thread starter ElectricSavant
- Start date
I hate missing an entry...but better not at all ...than late..My order was sitting in line at my price and the DOM hit it three times! I just got in line too late and didn't get the fill...It would have been a 10-second trade for two ticks. I sometimes am able to hit two of those trades when it bounces up and down..but the third one can be deluted and a higher chance of not succeeding and needing an "add to".
Do you folks realize the precision that I am using? and I still get a lot of trades.
So much for "Electric just learn how to read the DOM". Lets see how this works for me ok? Believe me I am learning how to read the DOM and it will take 6 months as some stuff does not make sense. I think that if reading the DOM was logical that there would be many more successful traders. I think you gotta learn the nauances and remember patterns...speed...movement...frequency...etc.
ElectricRocketFuckin'ScienceSavant
P.S. I got to go check my Forex thread to see how automation is going...cya
Do you folks realize the precision that I am using? and I still get a lot of trades.
- Momentum Range Candles
- Keltner Bands
- CCI
- PPO
- ROC
- MACD
- Combo custom indicator that I combined
- 2 DOMS with b/a histogram and values, indicator value column, est p/l column, Join Bid & Join Ask buttons for 5:30mst-7 mst quick entries
- Bracket Orders
- Filtered Time & Sales
So much for "Electric just learn how to read the DOM". Lets see how this works for me ok? Believe me I am learning how to read the DOM and it will take 6 months as some stuff does not make sense. I think that if reading the DOM was logical that there would be many more successful traders. I think you gotta learn the nauances and remember patterns...speed...movement...frequency...etc.
ElectricRocketFuckin'ScienceSavant
P.S. I got to go check my Forex thread to see how automation is going...cya
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I have made $603.74 in the demo after commish on 2-tick "fade the trend" trades. But be careful as the trend can keep going and your screwed...and all of that for 2-ticks...I add thinning trades though as the pumping action of the momentum range candle gives me 2-ticks down/up usually on the way in the trend. I usually can get out of the outlier (early entry) otherwise my daily loss limit will stop me.
ES
P.S. I called this short earlier before it happened in this post...but I do not want to call trades so I edited it out.
ES
P.S. I called this short earlier before it happened in this post...but I do not want to call trades so I edited it out.
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Why the F&^% didn't you guys get me into this ES trading earlier? I have been futzing around in Forex way too long.
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I got a one-minute 2-tick trade off that short just now going for the long pump...no thinning necessary. Candles do not need to be green or red just need to pump out two-ticks. Certain kind of candles make this easier. Ok said too much now...I will have to kill you.
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ElectricSavant,
You're welcome ES. There is no reason for me to be mean and rude to anyone on this earth, especially not to traders trying to make a decent living for their family. I am no different, or better then anyone. I am just a CL trader still trading sim for nearly 1.5 years. I am not ready for live yet. Maybe by next year. I lost a total of $8000 trading in my 5 years span so far.
So I am sharing my keep-it-simple opinion and trying to help and get help.
Sometimes simple logical reasoning between traders help.
Yes, just start over. Take about 250 trades with your plan and sim trade it. You will know within 2-3 months if its working.
LOL HAHAHAH Yes, I use to trade ES, but I shooting for about +$200 per trade, one contract.
ES is a scalper's dream.
Now becareful with sim vs live. In sim, you are getting filled quickly, but in live it will be different. That is why it is important to atleast try a few (risk about $500) trades live before putting in soo much time with your new method and it may not work correctly.
This is real troubling about getting filled live. I know this and my trading is really dependent on getting in...I mean really really dependent.
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ElectricSavant,
Yes, this is true if you are using limit orders. If you using market orders, please ignore my comment. When you trade in simulation, the fills happen instantly, there is no wait time. When trade in real time with ES, there will be a slight wait time if you are using Limit Orders.
No not true...but its been a while that you have simmed ES. The CME claims to have the delayed feed replication for fills ...waiting in line...even partials...realistic now. But there is nothing like "Live"...
I think my stops are market orders but I do not use stops as I depend on my platform "daily loss limit" to get me out. On a highly profitable day like today I reduce it to like 10 bucks lol
ES
I think my stops are market orders but I do not use stops as I depend on my platform "daily loss limit" to get me out. On a highly profitable day like today I reduce it to like 10 bucks lol
ES