As a matter of fact I did. TOS has a reverse button that one click I could instantly reverse the trade. I used it often. As for displaying the monitor sideway, hard to do but I often tilted my head sideway to look at volume on price displayed on the side of the monitor.
Have you ever tried staring at the screen and clicked, made a couple of hundred trades in a day and doing it day after day to test the concept of click click and click? Can't do that with real money even if I risk $10 each trade.
Honestly, with my own trading, it was so bad that if I randomly clicked I would be doing better. I would really hold onto losers until they hit the stop, but quickly get out of a winner for fear it would go against me. So I would have a $10 loss but only a $3 win. So if all you did is bet $10 and have no reason to go long or short, over time, you should hit about 50% and hence only lose on the fees. I therefore think you wouldn't lose too much at all, and if you're hitting a 75% losing rate, then you clearly just need to do the opposite! But seriously, random entries with good trade/money management will not make you lose too much. Then with just a half decent filter that helps you time trades better, or helps you slightly pick the direction better, and you might have something. The practise with execution and developing a thick skin I think goes miles further than spending years working on the holy grail, only to find that you either can't execute it because of personal issues or that it doesn't work in a live environment.
Let me explain, it is not randomly clicking but followed the general rules I used, to test if I had a true edge. In statistics, Central Limit Theorem or Theory of Large Number should be at play here: If I have a true edge, the profit should grow with the number of trades and like playing blackjack, in the long run I should be very profitable? What is puzzling is that wasn't true! There seemed to be a daily profitability of around 0.15% most days if I stopped when that number was reach. It seems, the more I traded the higher likelihood I had a losing day and a bigger losing day??? So there is a paradox, the outcome seemed random yet I was able to generate on average net profitable trades. Must be the TOS sim software?
Now you're getting somewhere. That is correlation # 1: more money from less trades Now switch to a weekly bar time frame and work your way down.....
Hello ironchef, Keep clicking. That is all you can do for now. Anything else you try to do will cost you too much money.
Kidding aside, yes. I can only keep chipping it away, little by little, day by day. I think I am getting very close, thanks to fellow ETs with encouragements and helpful suggestions.
Hello ironchef, You almost there buddy. You are doing good. Keep on going. I love ET, I learned everything about trading ET forum. EVERYTHING, I learned was right here on ET. For free too. Better than reading scamming trading books and scamming trading courses.