I appreciate your encouragement. Don't forget, it was all done in Sim. I did trade live for three months near the end of 2023, using a $2K account, earned a free Big Mac every day but stopped because towards the end the results started to fizzle. Something didn't feel right and I went back to Sim.
It won't matter who wins. The Vix will get back down to that range no matter what after the election. Give it a week after.
Guys, Here is a quick report of trying different suggestions offered by you folks on how to improve the outcome. Short answer, none worked for me. In fact many got me into big losses. The only one seemed to work for me is, in a nutshell, what I have been doing all along, only take small bites: scalping for crumbs. The result is modest, I don't think I will get rich doing it but getting a few Big Mac here and there is somewhat possible????? And, it reaffirms my view that @volpri is the real deal as this is what his trades seemed to indicate.
LOL yes I pick up a lot of crumbs. They add up, Kinda of like compound interest. This morning I been trading 1m charts in both the MES and the NQ I am up 25.75 points on the MES for the session and up 175.50 on MNQ. It is 10:49. Many more opportunities will abound for the day but I am camping and got to enjoy the outdoors to so I will stop and get my carcass outside. Here are the charts with the trades. Picking up bread crumbs along the way! LOL High win rate. Grabbing what the market hands me. Both were in a SPBR trend (small PB bear trend on a 5m chart and much of the time on a 1m too). In SPBR trends price for the most part stays below the EMA and there will be gaps between the high of bars and the EMA. However, many times a SPBR trend on 5m chart when looked at on a 1m will also have horizontal TRs that can be traded multiple times so you can see the drawn in TRs on the 1m charts for both instruments. The 1m offers many more trading opportunities. I am posting below the two 1m charts followed by the two 5m charts so you can see what I am talking about. There is one technique I have not yet discussed I don't think even in my journal when trading SPBR trends that appear on 5m charts when trading that price action on horizontal TRs that appear on the 1m. Maybe in the future I will discuss that technique. It can help getting avoid from getting whipsawed when trading in the bottom of the TRs that appear on 1m charts that are in a SPBR trend on the 5m charts. Picking up crumbs! I like it. Could be the title of a song. Or picking up the pieces. Both good titles for a song. Yes, I missed a lot of trades on the 1m charts, but I was trading both charts at the same time and making multiple decisions on order entries, exits and adjustments on orders and SLs. And eating breakfast too. Some trades might have gotten executed when I was looking at 5m charts. I don't remember. Things were just moving along, and I am swapping back and forth. Remember in deciphering these trades red markers are short entries and blue are covering those shorts. Green are long entries and orange are the exits of the longs. I also did some averaging down or scaling in so you will have to figure it out. ONE MIN CHARTS NEXT: THE 5M CHARTS:
Well don't. It ain't for you. I have reasons as to why I do so and show these small trades. Understand sama thing and sama way can be traded on ES and NQ 1 lot...10 lots at a wack or 20 lots at a wack. But who on ET is gonna trade 20 or 30 lots of ES or NQ at a time?
Do you think there’s value to watch NQ/ES for confirmation ? Maybe add YM and RTY to the basket. Well done for today