I use lines but we don’t see them on the screenshot. They’re indeed useful to structure the bet. Risk, Reward, Frequencies ... It’s great to set and forget, A CLEAN chart is a perpetual analysis, Review once and highlight what’s important. But too much drawings is information overload. The golden mean ^^ May the force be with all of you, Guys ! (Setup is ready)
Most arbitrage are risk arbitrage. Inefficient - inefficiency ≈ Efficient We quantify then deduce an inefficiency. When a risk free arbitrage is Efficient - Inefficient = Inefficiencies Just a thought ...
The plan was to short 2880, But I went in early. Kept shorting higher high, Ended the day -5 MES @ 2865 (Average) I expect the ES to make a low around 2800. Since the MES maintenance is 1200, And that I only have 5K I believe they will close my position. Holding overnight is new to me, So I take it as an experiment. Not a good 1st day overall. ... They closed 2 contracts So I am -3 MES @ 2870 (Average). Daily PnL ≈ -1% Let’s see.
AMP seems to charge $25 for liquidation, I hope it's not per contract. You may want to close your position by yourself.
Sierra has plenty of stats but not one chart. That's one quarter of the stats. Max open loss 8.6% Definitely too early ...
That's for April. Had a huge loss on MES. Was short 4MES @ 2880 on the way up. Liquidated half on the 29th and the other half on the 30th. Guess it's adaptation time. I feel more confident after one week. I am up 125$ - commissions today (1.52) Went long 2MES @ 817. Took Profit @ 830. Great experience overall. Still have to improve my trading.