I was very patient today and also used the 1-min chart to enter many of my trades once the 5-min price action attracted my attention, because I wanted tight stops. I stayed on the short side until a reversal was confirmed, then shifted gears just before 1:30pm ET.
The only sad part to this story here is that some unsuspecting readers will actually believe you have something of value to share. If you actually, honestly believe what you wrote, that post above pretty much says it all right there. Good luck with that
dejavu - Just curious... How do you go from scalping 5 ticks trying to keep a 100% win rate to suddenly having +300-400 tick days?
I don't put up much of a struggle since it's been to damn windy to go golfing it's the next best thing. I have also been organizing my stamp collection and practicing the on the guitar.
dejavu - Just curious... How do you go from scalping 5 ticks trying to keep a 100% win rate to suddenly having +300-400 tick days? one trade was 8 lots: 8x.50=400 ticks=$4,000 either the failed up move at 81.84 had an easy 50 ticks short, or off the bottom you had an easy .50 cents....so he had one nice trade with at least 25 ticks is my guess with 8 contracts= 200 ticks, and then the other made up the rest======pretty safe market today for a martingale type strategy.
That still doesn't really answer my question unless I'm totally wrong here. How does one go from scalping 5 ticks to suddenly taking these bigger moves on a lot more contracts? I could see maybe going from 5 ticks to trying to get 25-50 tick moves, but to size up 6-8-10 contracts? I admit I haven't followed the progress in detail, but it seems like such a sudden change. I would think one would build up over time.
All he needs is a little push. FD, I double dog dare you to trade 10 cars Hey, I'm looking at CL and what's with the crazy moves tonight? I need to start trading 24/7 :eek:
No, it's just an informal Skype group on a mutual quest for the Holy Grail: http://www.youtube.com/watch?v=9V7zbWNznbs