i know more about this than any human, so i can help you. you want to know what state the market is in or what the regime is - right? it's a matter of finding first the center of it as it relates to your time in market. so if you have longer term trades the center is smoother less responsive and if your trading choppy noise then the center is more dynamic and faster. it's a matter of finding the bounded limits of what defines chop and anything else is treated as trendy with exception of a unique pattern spike that will occur sometimes.
Aloha @MarkBrown, Thanks for the reply. Curious how often you update your bounded limits? @mute9003 , sincerely sorry to hijack your thread. Trend/TR > psychology right now
All you people who trade automatically through some program...what kind of % returns do you generate on your account on average per day/week/month. This is the golden question nobody seems to answer I don't want to invade anyone's privacy, but are you swimming in cash through this holy grail
Good Morning mute9003, I am sorry your trading is giving you some challenges, but please realize all challenges in trading is progress. The trading coach you hire will NOT have any 3rd part evidence of making money trading. He/She will just scam you and lie to you and take your $1500. The reasons Day Traders fail so much is because of the following: 1. The trader trust the wrong paid trading coaching, mentor and trading Education. I have no clue why Day Traders make trading SO complicated. All you have to do is STOP seeking paid help from other traders and coaches. And make it work by yourself ALONE. Or ask questions on ET website Trading is VERY easy if you stop paying for help and get rid of the reading books and bullshit courses and do it ALL alone.
Of course it's too late. No signal based system can ever have an "edge". All this backtesting based on criteria is a complete waste of time. You can backtest strategies but not systems. Anyway, you need to do the same thing but label everything before price touches it.... (I put "edge" in quotes because there is really no such thing.) Here, do all the buys and sells going forward for tomorrow for instance..