I am not sure if you are trading the tanking Euro or Futures in one of the most volatile US index range conditions ever, but there has been some craziness in the market for sure. As long as the Tweeter in Chief occupies 1600 Pennsylvania Avenue, then hold on to your cash. "Risk Adjusted Returns" is a mouthful that means we all need to be really careful. The fact that you said you are using stops on all trades is great, and your 26% deserves lots of clapping - not for the size, but purely for being positive! So many people have blown up over the past month. In our chat room, lots of people are using TopStep, OneUp, LeeLoo, and E2Trade, and I keep hearing "Reset" way too often. PEOPLE ARE USING TOO MUCH RISK. One "bad" tweet, one tariff, and POOF! you are gone!!! At 1 micro per $500 in my account and 5% max loss per day, my account has a minimum 20 day lifespan. This alone lets me breathe and have my mind clear. And most importantly, even though I don't like it, when I have a 40 tick loss ($20) on one micro - I DON'T CARE. And this is the key for me right now. As explained earlier, (no joke), I used to try to trade NQ and YM on a $1000 account. I might get up to $1500 or $2000 and then BAM - back to $500 and margin call. I am really looking forward to $2,000 then $5,000 then $10,000 with the micros and then really show myself what I have learned switching back and trading the NQ's and YM's safely.
Wouldn't you need to start with 1 contract for wiggle room? Sorry for my late post...I am catching up. ES
Excuse if this is rude, I do not mean it to be. This does not make sense to me. Why would a serious trader trade from a phone? Especially with leverage. ES
Some people use volume analysis extensively. But my reliance on it is secondary to the price action. It is only a confirmation tool for me. And I rarely if ever look at the actual numbers during the day, it is just a very fast visual cue on a 10 to 15 tick range bar - red or green? Red or green? To me, the SHORT TERM volume aggression is a very real thing, just like the NYSE Tick is. It's just like the speedometer. So I generally don't short on a green bar (unless there have been many in a row and we are probably near the end of a trend). And I generally don't go long on a red bar (unless we have been tanking). So really, the volume delta bars mostly keep me out of trades. I think following trend bars and the breaking of support and resistance levels is more reliable for entries. All this being said, you got my attention, and I am trying to be open minded. What is it that "I should be looking for???"
I would love to use a platform that has these built in. I use Multicharts, but I am not married to it. AMP will actually let me use several different platforms for free: MT5, Sierra, CQG Trader, Market Delta, Rithmic, Volfix, and Zlan. Anybody know if any of these have MAE and MFE analysis? On the topic of data reports, I know I could report my results publicly with TraderVue, (awesome!) but I don't feel like paying $30 a month to post my trades. Does anyone know a way to synchronize any of the above listed platforms with a public reporting tool? It needs to be free and happen automatically, but only at the end of the day if possible, so that when I become famous (haha) people aren't just copying my trades. It could go to a website, or I could give out a pass code to actually view the real data on the platform. (MT4 had something called an "investor password" for example)