1/4 second too long.The calls were mostly reverse trend. Danger lurks 1 tic past the high. See how trading at the top is so much different. Market care if I do not like it?
This is my problem with this thread. I've given good effort just understand entry, target, stop, and I still don't know. I would love 2 sentences, that clearly explain, entry, target, and stop. Just the mechanics.
Have fun but note I questioned the veracity of someone with a severe spinal cord injury riding 2 1/2 hours in a Jeep, of all vehicles, and got called a dick for my troubles. Then you say "TraderEX has never been rude to anyone here FIRST". Gee that's nice to know. You're better than that. Wish you well. Unsubscribed
You posted LOL which he interpreted that you thought his injury was funny...maybe it just was a misunderstanding...oh well I can't defend him anymore it's between you guys... es
Yea, I wish he would to so I can front his orders and get my three ticks. Scalping is highly competitive style of trading, unlike day trading which is also skilled, but in day trading if you off 1-2 ticks it is not going to matter as much as going for less than a point and in TraderEX's case one tick. Trading the first 45 minutes, you can push through almost any kind of size on specialized limit orders, but after the 45 minutes, volume changes as you can see on the Dome, and the very last thing you want to show is one or couple all piling on with limit orders at one price with trading slows down. Being this is week before Labor Day, many are taking that last vacation before school starts for their kids, so volume going to be lighter. I am guessing he is not going to reveal much of how he is trading, cause he knows the vultures, including me will keep sharp eyes for the nuances. For myself, back in 1990s I learned I had to break down price, how swings are formed, mean averages of swings and different times of the day session, often times based on volume, why some bars have much volume why some much less, then "waves" and mean averages, a little bit of Elliott, so many trend waves and 2-3 counter. What is the mean average of a swing, so you have a better idea of probabilities of where you are in a trend, at what point do you stop taking trend trades, I have identified two dozen patterns of reversals of trend probabilities, and based on support and resistance whether be monthly to one minute trend lines. The are guys I wish I could sit next to for a year to gain more knowledge that understand volume better as they have watched for 20 years. I often will be reading pre 2008 material on ET, and one guy who I find fascinating is Lescor, https://www.elitetrader.com/et/threads/grinding-it-out-day-after-day.187730/ I find TraderEX's interesting as I have never been able to back test getting one tick as often as he has shown, my risk is a mountain compared to what he is risking, but whatever works.
Handle, If you don't mind, who else besides Lesco have you thought was interesting on ET? I'm reading Lesco now, very cool, much appreciated you sharing this link. Wondering if there are any other's you have thought were fascinating as well. Thanks again
Hey TradeEX, Have you tried to automate your trading ? Is this method possible to automate ? Thank you
Glad he left. Questioning the veracity of my severe spine injury and riding in a jeep for 2.5, happened and I was miserable. Does it really matter at all. People who announce, ignore and unsubscribe are infantile. Adults, like me, move on without announcement. I don't need the last word to feel superior. My ego translates ignore and unsubscribe as "what a schmuck." Let's see. Phagos has posted ignored about me and has lived up to it. Mark has posted ignore and was back in the next day. One guy a man of his word and one guy not so reliable. With your paranoia etrades, I am confident you will BE BACK. I sense a weakness in you. Like my system, time will tell. Hope your a man of your word. Real traders are now publishing since I posted results. Money can do that to people. Bon Voyage!
I start at 1030 trading, when signaled. Right now, the overnight volume and the overnight range are very close to yesterday. FACT Opening volume 29k and yesterday 32k, roughly. FACT Yesterday 6/6, plus $75.00 per single contract. Used 3 contracts, so 225.00 minus fees, roughly 45.00 and one day at Tradovate, $10.00 (199 per month, by the month, $10 for 20 trading days), my end...roughly$180.00. FACT Today I will see the same results. Could be a fact, a dream, a wish, or a delusion. If my trading results are similar to yesterday, maybe, just maybe, on days like this, I have an edge. Only time will tell. HATERS, please respond, either negatively or positvely, but politely and professionally. I know you guys can do it!