People who have edge realized that in 1-2 years of profitable trading. Some decided to leave day trading, change to swing trading and got into...
Try trading software like bookmap.
Translating DOM trading into chart trading without any indicator including volume profile.
The heavy lifting is real even though you are not capable to fully automate everything. It gives so much freedom to your mind and body.
Design your system to fully mechanical. No room for subjectivity. Learn to code. Automate as much as possible. Going in algo path is the best way.
What you are asking is actually to give you a profitable trading system on your plate and babysit/micromanaging you. My question is what someone...
A robust trading system can survive any market condition unless proven otherwise in the future. When drawdown happens beyond expected max...
Always for investing but never on trading. That's what working for me.
I assume you have -ve expectancy. I will comment generally, not specific to your case, based on my experience developing both trend following &...
Lonely unless you want to share your trading system and trade together. The only time that I have felt comfortable talking and hanging out with...
Yes and no. Yes in strategy development. For example, I wish I could fully automate my day trading strategy because it has come the stage of...
Ask any prop traders.. the answer is none. If your trading system has clear rules, your trading system has edge, your position sizing per trade is...
Have you used stop limit order? Based on your post, I assume you have not and have only used stop market. The con of stop limit is your order may...
When using data-based chart in live trading, I found if you refresh the data/chart, the chart is not similar before the refresh. I got stable...
I used data-based (tick, volume, range) before and developed both trend following and mean reversion strategies. I left those strategies after I...
What instruments are you trading?
A system. A profitable trading system using chart can be explained in just 2-3 pages of words, other pages are just charts and it works in...
Paper trading long-only strategy on daily time frame in few weeks and transition to live trading? Have you backtested before paper trading and if...
By my definition, you are day trading, not scalping. Proprietary traders and retired proprietary traders I know call scalping as trading using...
When someone says price action, it can mean many things from the perspective of the methodology. I am lazy to search his methodology, if any being...
Separate names with a comma.