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Plan the Trade

  • #4,681
  • Feb 12, 2018 1:41pm Feb 12, 2018 1:41pm
Quoting Divergence
Awesome t shirt
Remember these Harold ?
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every Saint has a past. Every Sinner has a Future
  • #4,682
  • Feb 12, 2018 2:13pm Feb 12, 2018 2:13pm
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GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #4,683
  • Feb 12, 2018 2:59pm Feb 12, 2018 2:59pm
Quoting fleurdelys
But it seems that the graph is a little different from you! the formation of candles is different. Is this normal?}
Non-time based charts will be different depending on the time the very first bar plots, even with the same data supplier. There is sometimes a way to make your charts exactly the same as others & I used to know how to do this with TradeStation & then Ninja.... but I’ve forgotten ! Somewhere there’s a box to check that resets the first tick of each session to start a new bar... or something close to that.
  • #4,684
  • Feb 12, 2018 3:53pm Feb 12, 2018 3:53pm
Quoting Olarion1975
{quote} Was this your sim account? While your showed your break even settings, there was [sim] before your account no. Why didn't trade live today?
?
  • #4,685
  • Feb 12, 2018 4:04pm Feb 12, 2018 4:04pm
that was at 9 am I always leave it on sim it my way on locking platform do me a favor and remove that don't want others t
o see my acct
  • #4,686
  • Feb 12, 2018 4:07pm Feb 12, 2018 4:07pm
Quoting Divergence
that was at 9 am I always leave it on sim it my way on locking platform do me a favor and remove that don't want others t o see my acct
Ok, makes sense. I deleted my post. I use the funtion "Trading locked" before my trading session and after reaching my daily goal.
  • #4,687
  • Feb 12, 2018 4:07pm Feb 12, 2018 4:07pm
thanks O
  • #4,688
  • Feb 12, 2018 4:18pm Feb 12, 2018 4:18pm
Is locking the platform a necessary precaution?
  • #4,689
  • Feb 12, 2018 4:20pm Feb 12, 2018 4:20pm
each broker that use sierra charts have different engines they put into software to make them their own. I don't have that function or the price ladder function on chart
  • #4,690
  • Feb 12, 2018 4:22pm Feb 12, 2018 4:22pm
Quoting rudy5
Is locking the platform a necessary precaution?
its a safety precaution just in case your looking at charts and you accidently put on trade
  • #4,691
  • Feb 12, 2018 4:43pm Feb 12, 2018 4:43pm
Quoting Divergence
{quote} its a safety precaution just in case your looking at charts and you accidently put on trade
Exactly. And it prevents me from overtrading...if daily goal is reached (50 ticks per contract) I lock my trading and never unlock again til next day.
  • #4,692
  • Feb 12, 2018 5:08pm Feb 12, 2018 5:08pm
Quoting Olarion1975
{quote} Exactly. And it prevents me from overtrading...if daily goal is reached (50 ticks per contract) I lock my trading and never unlock again til next day.
you know youd figure after 5 years with this platform I would know it by now. I figured out the other day how to make buttons for flatten cancel and be now I found the option and just added it the trade locked option thanks O
  • #4,693
  • Feb 12, 2018 8:04pm Feb 12, 2018 8:04pm
Quoting Divergence
finally here is my crap day https://youtu.be/q7BCJNPANB8
Like seeing yall's charts, the video's are always a good learning experience for me (with gains, BE, whatever). With the old videos at emini nasdaq thread i learned a ton about the thrust bars, and then seeing trade management of grabbing when momentum slowed and even moving TP level to BE+1 when a trade went south .. . . Thanks for taking time to record every now and then. I want to start recording my own sessions to go back and see my decision making process. Good stuff.
  • #4,694
  • Feb 12, 2018 9:24pm Feb 12, 2018 9:24pm
Thanks for the video H. Win or Lose they are always very educational. I wish my losing days were only -4 ticks.
  • #4,695
  • Edited 9:49pm Feb 12, 2018 9:32pm | Edited 9:49pm
I can’t decide if I should drop my chart to like 250 or just stop trading till the moves slow down... or change my stop to 20 maybe.

actually I should check out the YM I guess, maybe it will be managable
  • #4,696
  • Feb 13, 2018 12:28am Feb 13, 2018 12:28am
Quoting rudy5
I can’t decide if I should drop my chart to like 250 or just stop trading till the moves slow down... or change my stop to 20 maybe. actually I should check out the YM I guess, maybe it will be managable
I doubt it : I am trading the US30 CFD in my H8 trades and after the London Open I’ve had 2 x 100+ fast moves in the last 3 days. Nice for my stats, but not normal. I am not trading NQ till it settles down ...

Yesterday my central heating boiler broke down, so instead of watching the NQ dance the chachacha, I borrowed a trailer to load and then stack 3 cubic metres of firewood (living out in the sticks, I have a propane-fired boiler, spare parts can take a couple of weeks & it’s cold at the moment).

I know what you’re all thinking, what an interesting life I lead...
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  • #4,697
  • Feb 13, 2018 1:44am Feb 13, 2018 1:44am
Quoting rudy5
Is locking the platform a necessary precaution?
Absolutely, definitely - in Ninja, you can switch the whole platform to "Global simulation mode" & I do it every evening when I'm done for the day.

As with all things trading, I learned this the hard way. I was trading FGBL, Bund future, at the time, just a single lot. I went out for the afternoon & somehow or other left a pending order onscreen, which duly filled without a stop. If I had come back 2 hours later and realised the situation, I would have closed out the trade with a $2k loss ... however, VERY luckily for me, I came back 4 hours later and my $2k losing position had turned into about a $1600 winner.... phew.

Of course, I have lost count of the number of times I have checked my P&L in the morning session, expecting to see a tasty positive figure, only to realise that I forgot to switch back to my Live account and have just made a whole lot of simulated dollars...
  • #4,698
  • Feb 13, 2018 2:48am Feb 13, 2018 2:48am
Quoting jtrade
{quote} Absolutely, definitely - in Ninja, you can switch the whole platform to "Global simulation mode" & I do it every evening when I'm done for the day. As with all things trading, I learned this the hard way. I was trading FGBL, Bund future, at the time, just a single lot. I went out for the afternoon & somehow or other left a pending order onscreen, which duly filled without a stop. If I had come back 2 hours later and realised the situation, I would have closed out the trade with a $2k loss ... however, VERY luckily for me, I came back 4 hours...
Yes! So easily done JT.

I switched 'Live' a year ago, placed an order. It never filled and moved away from the level, so i cancelled the order. In my mind, i had removed the risk and thought i had switched back to Sim.

I traded like a fool thereafter and ended losing 40 odd ticks before the end of the session. Well.... not to worry, it's only Demo... oh... Oooops)
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #4,699
  • Feb 13, 2018 8:42am Feb 13, 2018 8:42am
NQ 200 tick chart
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  • #4,700
  • Feb 13, 2018 8:46am Feb 13, 2018 8:46am
Seems like a perfect use of the MP info for that entry (which is clear to see as you kindly included your trade markers) = bravo, rudy5

Me, I'm just renkoing around on the DAX @ a magnificent 10c / pip (keeps the eye in) :

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