still looking for an edge for longer ticks. Price action and short EMA works for 2-5 tick scalps. But scalping is risky and with tight stops more often you make very little profits, Also commission and fees eats into your profit. I trade almost 40-50 contracts a day and end of day it is not much profit to show with commission of $200 or more a day. Better to trade reversals and trends unless you can manage to trade large lots scalping 2-3 ticks. i am still looking for the edge in longer duration trades that is something like 5-10 points. Also commission and fees stays under control. Trying to set up something using price action, EMA and volume profile and OBV.
What are your comms and which instrument are you trading? It's insane to do your volume without special rates.
I believe you are a successful trader Handle123, so my comment is not directed at you but rather at the idea a successful trading system might be one that accepts "...15 losing trades in a row...[and] 2% risk [per trade]...". Could there be such a system and a profitable trader who trades it? Yes. But that would be a rare combination, not a model most traders should consider or seek to master. A much better model for most would be: more winning trades than losing trades; average win larger than average loss.
The market has its ups and downs. Just recently for example with the market pullback one may have experienced a greater run of losses but now the landscape has changed that bad run has come to an end for now.
I trade intraday only. Never hold anything overnight. My comment was from this perspective. A down market for a few weeks/months, an up market for a few weeks/months doesn't affect my trading plan.