Staying in my lane...
- Joined Dec 2018 | Status: Member | 881 Posts
Insanityoing same ting over expecting different results..Einstein
The Journ(ey)al of a Lazy Trader 0 replies
mt4 read only password question 2 replies
"Read only view" on Metatrader 10 replies
DislikedI have a question VEE if you can help me i have a triel period with motivewave and last 2 days i scalped 2-5 ticks pr trade with sl of 10 ticks on sim and made 1225 of a 5k account and 725 today alone,but i had a whole bounch of trades so before pursuing this further what is the commision of say 2 ticks ore 10 dollars is it worth while??? EDIT:And yes i am with AMP. EDIT:And yes was on Nasdaq {image}Ignored
Disliked{quote} Safe to include 1T per contract per Trade towards trading costs.... so 10 trades x 2 contract = 20 T that you should deduct from your daily PnL. I am not sure if Motive allows you to configure this trading cost in the platform to automatically deduct. Be careful and keep track because if you don't, your live daily statement will have some surprises. My trading volume was 170 contracts / day scalping few ticks here and there... not sustainable in the long run because of slippage and fills. Always shoot for atleast 5 T TP would be my advice....Ignored
Disliked{quote} Safe to include 1T per contract per Trade towards trading costs.... so 10 trades x 2 contract = 20 T that you should deduct from your daily PnL. I am not sure if Motive allows you to configure this trading cost in the platform to automatically deduct. Be careful and keep track because if you don't, your live daily statement will have some surprises. My trading volume was 170 contracts / day scalping few ticks here and there... not sustainable in the long run because of slippage and fills. Always shoot for atleast 5 T TP would be my advice....Ignored
Disliked{quote} That is why I am "staying in my lane"... I cannot believe I am the only one to think this way around the market. There's got to be someone already walked this path before me. Anyone out here?????????????????????????????? Come on out from your hiding and let's crack this market principle!Ignored
Disliked{quote} you remind me of twoblink. smart guy, but i get annoyed reading his posts he's gone now. either super rich or super broke..nobody just quits...Ignored
DislikedVee, once you launch the super duper OC; don't forget your friends at FF.Ignored
Disliked{quote} Crap. I just failed in this journey. ALL OC are exactly the same. There is no one OC better than the next ... At least in principle and in theory. What varies is the potential outcome of profit taking or losses. The risk and reward quotient is almost always the same across ALL OCs. This is true regardless of market condition or trading style or strategy or collection of strategies deployed. It is the MARKET CONSTANT GUYS!!!Ignored
Disliked{quote} That is why I am "staying in my lane"... I cannot believe I am the only one to think this way around the market. There's got to be someone already walked this path before me. Anyone out here?????????????????????????????? Come on out from your hiding and let's crack this market principle!Ignored
DislikedReminder to self until my return : X Multiple of OC cannot be the same value during trending and ranging markets. That's just stupid. Why would I want to limit growth during strong trending days and why would I want to target astronomical multiple during rangebound days? I needs to be REVERSED i.e. unique multiple for trending and unique multiple of ranging. Current design using only one setting to make it market agnostic. This presents a unique challenge of trying to identify the two market conditions. I addressed this by running all strategies...Ignored
DislikedYIKES!!!!! I discovered a classic flaw in my model. I am embarrassed to even mention it. I should know this by now. CRAP CRAP CRAP. At times, I feel like I am a 2-yr old kid chasing a ball across the street without stopping and looking left or right. Terrible but it also has benefits All this talk about opportunity and a fundamental element (common sense really) was overlooked at the very beginning on the design.... .I know how to address it but that will make me scratch out my entire test results till date. I have decided not to touch it for now...Ignored
Just a minor and silly tweak to HH/LL/LH/HL entry with Profit Target of 80% of OC (or NYSE Session Range for those who don't want to understand the power of OC)
Version: v10.18(++)
Chart Type: Good Old 20T Range Bar
Standard Market Replay @ 1920 speed (not 100% accurate!)