One successful day trader I know don't use chart support to buy and resistance to sell but broken support/resistance to start waiting for sell/buy...
The most important for me is no subjectivity/discretionary in the trading system itself. Every element is clearly defined like "if x + y + z, then...
1. The trading system with positive expectancy has defined SL when the entry order is sent. 2. Follow the rules of the trading system (regardless...
Winning ego. He is attached to result of a trade. It takes time to acquire ability to shift mentality of normal life (being right is rewarded) and...
Hi, I don't know and I never trade MCL. As far as I remember last time I checked Rithmic's data vs CQG's data is Rithmic's volume data before a...
Scalability and customization. Customization here refers to time/schedule, personality (deep thinker, etc), capital size, trading system, etc. I...
It's definitely a business which requires basic math/stats to calculate whether your trading system has +ve expectancy or not regardless of your...
Furthermore, even if you can predict accurately the next bar > 50%, does the trading system have positive expectancy?
Have positive expectancy (regardless of how any trader approach trading the market). Then it's a matter of self control/awareness which acquired...
Yes, it's possible. This thing is like code breaking which is why it is hard. Most people ignore the basic market auction and go straight to the...
Context is important when discussing the randomness of price. For example, trend following in day trading vs swing trading, price movement based...
Does it support trade copy between different prop firms?
I checked on R Trader Pro (Rithmic), the daily volume of WTI crude oil is similar (1 contract difference only) to CQG for past 4 trading days (Oct...
I checked the WTI crude oil's daily volume at CME website. CQG daily volume is closest to CME daily volume, around 95% of CME daily volume.
The contract month is same. I checked the trading hours setting for WTI crude oil in the Ninjatrade 8, no issue because it uses electronic trading...
I was testing Rithmic with Ninjatrader 8 and noticed Rithmic's WTI crude oil daily volume is less around 25% of CQG's WTI crude oil daily volume....
Maybe you should clarify the methodology/process and why to shift to get better answer. People can only assume your methodology/process is...
The endgame is not supposed to to be only easier learning curve but high probability to achieve your 1st million (or financial freedom or whatever...
Do you have personal experience with them? Really curious about one thing in their FAQ below. It really turn me off if I need to share my...
It's useless metric on its own..
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