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Winning, Losing & BetSize trading the ES
- Thread starter ElectricSavant
- Start date
Exit with the decline...It can start to decline then go up again.What do you mean?
ES
ES
Have you ever heard of God's Helicopter??
https://storiesforpreaching.com/i-sent-you-a-rowboat/
The moral: if you turn down enough exits, you's gonna drown.
BUT!
If you liked the ATR(6), then consider the ADX/DMI±(12;12) for signals rather than that swamp posted here:
https://www.elitetrader.com/et/thre...ize-trading-the-es.323463/page-4#post-4699717
With ADX above 25, enter on higher DMI above 25; exit with decline ("peak") of either the DMI or the ADX.
That's two for ya -- a trading GO/NoGO and a directional indicator, in care of the good Welles Wilder. (Yay, him.)
The DOM'll give you the rest.
(Y'know -- not to screw with your brain or anything.....)
Thank Gawd you have not let me go live...
Thats how you do it, there are no shortcuts.
That would be nice..
While we are imagining..What if I bounced in and out and EXCEEDED the range of today with less open trade time which is less exposure to risk? I can make more than $500.00 in a session I just can't keep it
YET This seems to be a worthwhile project.
ES
P.S. Even after paying me $35.00/hr I can make more scalping!
P.S.S. My good night trades proves that I am making novice mistakes with more range during the day...I do not know how to exit yet in the day session, but I am nailing the night session...check back next month.
While we are imagining..What if I bounced in and out and EXCEEDED the range of today with less open trade time which is less exposure to risk? I can make more than $500.00 in a session I just can't keep it
YET This seems to be a worthwhile project.ES
P.S. Even after paying me $35.00/hr I can make more scalping!
P.S.S. My good night trades proves that I am making novice mistakes with more range during the day...I do not know how to exit yet in the day session, but I am nailing the night session...check back next month.
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Question...I am using market orders now...but when you are using limit orders and you are waiting to get filled and you are waiting and bouncing and bouncing...does this mean that you must be entering or exiting with many other traders and you must be doing something right? or is it the opposite and if you are with the crowd or with big orders you must be wrong?
The answer to this questions yes or no begs why traders do not test with sim to find out...then have their live platform open right next to sim to enter or exit correctly.
ElectricSavant
The answer to this questions yes or no begs why traders do not test with sim to find out...then have their live platform open right next to sim to enter or exit correctly.
ElectricSavant
As to your question, are shorts faster than longs you posted above...I would say no. Yesterday was the perfect example of how wrong that idea can be in a bull market. It just depends on the mood of the day.
If you could just manage about 50K into your account and trade just 1 ES CT, just swing the thing. Don't worry about daytrading? I am not sure why there are so many impressionable people who think daytrading is the end-all-be-all of trading futures. There are other options.
If you could just manage about 50K into your account and trade just 1 ES CT, just swing the thing. Don't worry about daytrading? I am not sure why there are so many impressionable people who think daytrading is the end-all-be-all of trading futures. There are other options.
There is next week...wait. I gave the reasoning for my call.
You parsed my post...are you my friend or foe?
ES
You parsed my post...are you my friend or foe?
ES