Rumor been sold
I am a former institutional (financial nat gas) trader who made an attempt to trade for a living from home during 2006-2008. My style tends to be...
What others consider to be good r/r scenarios should be irrelevant to you. As you surely already know there are successful scalpers with high win...
I can almost understand why you attempted a live trade today: you had done a fair amount of backtesting using consistency in drawing your pre-open...
Good job KP - has to be nice to be armed with some semblance of risk/reward stats for a change - ones *you* tested and have complete confidence...
Keep up the good work KP!
Right back near the top of the channel after a brief (2 day) excursion under the lows. [ATTACH]
KP: After reading the last several posts of yours this needs to be said . . . If you refuse to do the work (defining and testing setups,...
Precisely! However, you still have to concretely define the "setup" before you can begin collecting performance stats on it. Oh, and your...
Think of it more as collecting stats on your favorite setup irrespective of context. You won't ever have confidence in taking said setup if you...
Except maybe: not doing the work first, having a smaller account balance to show for it, and months later zero backtested results because you...
Correct, so on your chosen example after the 5 min close >SL there was NO pullback on the 1 min therefore no entry therefore no need to take stats...
That's a start KP but aren't you reading her setup/entry incorrectly? As I understood the setup was a 5 min close above the SL then enter 1st...
I won't chide you for trading real $$ sans a concrete plan - the market does a really good job of that all on its own. I will, however, kindly...
This is where you have went awry imo. You seem so intent on having a means to catch every little wiggle in the market. And of course you can't...
re-posting what i typed earlier since it may have gotten lost in all the negative clutter in your thread today . . .
I will make a humble suggestion that may help you KP in lieu of continuing to journal in the method you have been. Since sim trading is not...
Have you considered used Tradestation as your broker/charting platform? Multicharts was built to compete directly against Tradestation, ie both...
It won't be nears as easy as you think, but it needs to be done. The time consuming part won't be writing out the plan it will be backtesting to...
Source: Tradestation 9/22 all sessions high 2003, day session high 1999.25.
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