Need somewhere to think out loud,

Discussion in 'Journals' started by Turveyd, Jul 29, 2014.

  1. Turveyd

    Turveyd

    I just tried to make a bad trade, BB 8 2.5 upper reversed it and counter trend ish profit.

    This BB range is STRONG!!! mixed with 12sma's direction = get rich quick, lets see how long before it fails ( my first live trade )
     
    #5511     Mar 4, 2020
  2. Turveyd

    Turveyd

    Okay I need to work out what I'm doing on demo and keep doing it, till I work that out, demo demo demo demo I guess.

    13 trades, 4 of which 20+ pts, rest 5-10pts basically running away before turning to a loss but with a profit, zero losers.

    This BB 8 2.5 Dev range is basically a miracle worker, it's finally the play the trend and if you just get chop you'll get out in profit and if trend continues you'll get a good profit.
     
    #5512     Mar 4, 2020
  3. Turveyd

    Turveyd

    Going back to live $1 training mode per pt mind, this BB range is superb, got to start making real $$$'s soon just got to trade how I'm trading and not over think it and therefore screw it up LOL easier said than done hey!!
     
    #5513     Mar 5, 2020
  4. Turveyd

    Turveyd

    Live soooo much harder, too much worry 1 trade just took the NQ 8700 area short +17 and out that'll do for the day LOL

    Method / New Mind set / approach to trading = PERFECT, head screwed back on, for how long before plot is lost and back to being a newbie ??
     
    #5514     Mar 5, 2020
  5. kaizer

    kaizer

    Can you write C# code? Question is not offtopic, will explain depending of your answer
     
    #5515     Mar 6, 2020
  6. Turveyd

    Turveyd

    I havent in about 10 years but i can find a cheat sheet for the syntax and be up and coding in no time.
     
    #5516     Mar 6, 2020
  7. kaizer

    kaizer

    Very good. This mean you can download ninjatrader for free, get free data CQG and test all your ideas on backtest and than market replay or simtrading. You can stop to toss one envelope after another and explore conditions when your signals performing better or worse. You can save enormous amount of time using coding in ninja and also find new ideas. All this is free if you are good coder.

    For example, you see that friday is worst Day for you and it seems to be correct from my experience. However you can find that first and only first trade statistically performing well. Just example. Another example. You do not believe that higher timeframe levels matters. Well, you can replace believe to know. You can explore subset of your trading signals that occuring near higher timeframe levels and i almost 100% guarantee that you will be surprised.

    And so on. I recommend you research your trading signals deeper and coding in ninja is short way, much shorter that spend day by day in front of live market.
     
    #5517     Mar 6, 2020
  8. Turveyd

    Turveyd

    Issues with that are.........

    a) sounds too much like my day job I'm trying to get away from.
    b) pretty sure I've got this cracked, we'll see how long for so not need.
    c) Issue isn't with method, it's my ability to trade any method, which sadly needs Live screen time.
    d) I've tested higher TF's M15, D1 even traded stocks via D1 which works, but not relevant to M1 trading, I KNOW that already.
    e) I've done this already, not as well with MT4

    BB 8 2.5Dev is the baby I've been searching for pretty sure with a direction off a 12SMA appears to work in all conditions, few trades in live, building confidence, 50+ demo trades, too slow was my issue and not willing to accept the merit in a BB.
     
    #5518     Mar 6, 2020
  9. kaizer

    kaizer

    c) Issue isn't with method, it's my ability to trade any method, which sadly needs Live screen time.

    if you are sure that your method is profitable but you struggle in execution, why not to automate execution? Especially if you are profound coder. And supervise execution instead of manual trade?
     
    Last edited: Mar 7, 2020
    #5519     Mar 7, 2020
  10. Turveyd

    Turveyd

    BB range being quite strong has a chance but impossible to teach a computer system all of the different entry methods especially as most are quite guessy and require watching the price move live.

    And efficient exits from +5 to +100 are even harder not happy to use fixed TP.
     
    #5520     Mar 7, 2020