thats 5000 lots.. once again.. you put your foot way before your mouth i call that hoof and mouth disease. hacks gonna hack and show an old chart or highs school video reel where they were a superstar for a moment a flash in the pan. Good luck.
there is ZERO wrong with making mouse clicks and trading with discretion following a set of rules. when my alarm clock goes off I get up. i dont hit snooze. this is the same as setting a stop loss befroe too long i dont need to set an alarm anymore. i am just up!! same with trading before too long my muscle memory has me exiting trades way before my "system automated" could have even done the numbers and executed my new plan. I am about making money not sword fighting little dicks at the urinal..grow up before i slap in you the face so hard with a stack you finally have some money sense slapped into you
lol.. if htat is not the kettle calling the pot black.. as if price action and your style is not discretionary..lmfao
if yall can quit bragging about how big your dick or pussey is, i would appreciate it. i manual trade and auto trade both styles for same reasons others have posted. but i am always wanting to automate as much as possible to make it so someone can one day in the future take over.
ROFLMAO. You misinterpreted. It was satire. I was ...well...sort of mocking....shame on me! Of course I am for discretionary trading as opposed to algo trading. Discretionary is exactly what I do. In my view no computer can match the human brain. Maybe one day but not in my lifetime. However, I am not against traders that want to code and automate...no problem. Each man has to do whatever floats his boat. I was just having a little fun over it....
That's not what he is talking about. He talked strictly about calculation, calculation does not mean discretionary trading. What are are you from, it's not the 1960s anymore, a HFT system can do 10,000 trades in a few seconds. No human can do that, not even you, Mr. Muscle Memory. Closest I've done is about a few hundred within 30 seconds or less, this while having a very inefficient, non-speed prioritizing approach. Still completely out of reach for a human as entering the order properties for a human for 1 trade would take at minimum 5 seconds. Sounds exactly what I'd expect a "tradeking" from Yahoo to say, you live up to your name.
To get this thread back on track, to MB, The follow on question is how does this work on NQ, or more specifically have you isolated the factors that would need to change for NQ vs ES such that alternating between the two (ES-NQ) would only require these system variables. The obvious first place they differ is the "sweet spot" for gains-lose and the innate ES movements you mentioned earlier. MB, I make these comments because I have a remarkably similar system in that the reasons for using ES and the scalability designs. I am sure there are many difference too, of course. Nevertheless, after two years of tuning to ES, I contemplate applying to NQ. The reason is not to trade NQ per se, but as a test of the ES system. As you know good systems have some degree of orthogonal logic that would make it "portable" and quickly "tunable" to a slightly different instrument.
so i build everything as mush as possible on percentages and quartiles in order to be as static free as possible at the expense of profitability, but gaining dependability. it's a fine balance. i think there re much better markets to trade than es but i have been trading that market since it was sub 200 so why stop now, i have so much invested and i have my other reasons for specializing in just that market. to me using range bars "data is data" it all looks the same after you size the bars for typical range. if you take the summation of absolute price movement over x periods you can determine what the expected typical range is and divide that by quartiles to arrive at tradable bar size. hope this helps, i actually disclosed more than i ever have in recent history. m
Just curious, what could be some better markets to trade than the ES? It seems it has everything, volume, volatility.. what else is there?
As you determine the expected typical range to arrive at tradable bar size, have you (considered) further massaging this by Session Time Segments?