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Plan the Trade

  • #11,281
  • Mar 18, 2019 12:01pm Mar 18, 2019 12:01pm
Quoting hilmy83
{quote} would you still trade if you found out that NOBODY is making money here? it's a question for anybody here. Do you require proof of live trading to continue in your pursuit of profit? at one point should one give up? discuss...
Personally I'd find another way, it encouraged me seeing Harold's trades.

I've seen too much experimenting with price myself to know that it can be done.

12 stop, no + 1's, just move it manually. Got out of the bad habit of moving my stop if I get it wrong.

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'in less than half an hour he made over 100 ticks'
  • #11,282
  • Mar 18, 2019 12:02pm Mar 18, 2019 12:02pm
Quoting VEEFX
{quote} There is no roundabouts I take in my life. I just say the way it is bro. Posting charts with lines and ++T means nothing to those following a strategy religiously. I WAS one of those followers not for months but years so I have concrete experience in this space. Trade Fills offer legitimacy to support claim of successful trade otherwise it is just another post among the ocean of uselessness found on forums.
i'll share my trade execution on chart for $10

for $10/day, i'll email you attachment from my broker statement and screenshot of screen with fills.

..seriously..i just thought of that and thinks it's a brilliant idea...what do you think?
  • #11,283
  • Mar 18, 2019 12:04pm Mar 18, 2019 12:04pm
Quoting VEEFX
{quote} There is no roundabouts I take in my life. I just say the way it is bro. Posting charts with lines and ++T means nothing to those following a strategy religiously. I WAS one of those followers not for months but years so I have concrete experience in this space. Trade Fills offer legitimacy to support claim of successful trade otherwise it is just another post among the ocean of uselessness found on forums.
You can always look back through my posts, I do eventually show one with fills and also why i don't show fills. Up to you.
  • #11,284
  • Mar 18, 2019 12:06pm Mar 18, 2019 12:06pm
Quoting hilmy83
{quote} i'll share my trade execution on chart for $10 for $10/day, i'll email you attachment from my broker statement and screenshot of screen with fills. ..seriously..i just thought of that and thinks it's a brilliant idea...what do you think?
Go for it Hilmy
Attached Image
every Saint has a past. Every Sinner has a Future
  • #11,285
  • Mar 18, 2019 12:09pm Mar 18, 2019 12:09pm
Quoting turnip15
{quote} Go for it Hilmy {image}
He's just joking, he doesn't need the money.

Do you Hilmy?

'in less than half an hour he made over 100 ticks'
  • #11,286
  • Mar 18, 2019 12:12pm Mar 18, 2019 12:12pm
Quoting hilmy83
{quote} i'll share my trade execution on chart for $10 for $10/day, i'll email you attachment from my broker statement and screenshot of screen with fills. ..seriously..i just thought of that and thinks it's a brilliant idea...what do you think?
Not sure if past trade executions would have any value unless they are all trading your strategy. Then it makes sense to go this route instead of just offering signal service (which is stupid beyond words can describe). Pay $10/day only if you are net profitable across those trades and I am sure MANY will want to sign up lol
Staying in my lane...
  • #11,287
  • Mar 18, 2019 12:22pm Mar 18, 2019 12:22pm
i am afraid this thread has left its goal of planning the trade and thats a shame i just might bow out
  • #11,288
  • Mar 18, 2019 12:31pm Mar 18, 2019 12:31pm
Quoting VEEFX
{quote} Not sure if past trade executions would have any value unless they are all trading your strategy. Then it makes sense to go this route instead of just offering signal service (which is stupid beyond words can describe). Pay $10/day only if you are net profitable across those trades and I am sure MANY will want to sign up lol
i think that's what myfxbook autotrade used to do it. you pay for only profitable signals

but yes i'm joking.

But, at one point i thought about making my trading livestream into commercial setup. Go to twitch and have people subscribe
http://mediakix.com/2018/09/how-much...ake/#gs.22ce6h

but then when i realized you literally need tens of thousands of subsribers..i gave up on that dream lol. I don't think that many people are interested in watching some dude trade live..especially with no commentary. Unless i'm a hot chick..they always get views no matter what they do online
http://mediakix.com/2018/09/how-much...ake/#gs.22ce6h

But i have this weird paranoia that the more i share, the less my edge will be. i have this zero sum game deeply rooted in my head that i can't just give away stuff i worked so hard for. Not saying my stuff is worth much, but it's profitable, and i'm not that generous lol. Just being honest.
  • #11,289
  • Mar 18, 2019 12:39pm Mar 18, 2019 12:39pm
Quoting Divergence
i am afraid this thread has left its goal of planning the trade and thats a shame i just might bow out
mr over dramatic over here

we just discussed the issue of transparency, notthing more. it's not like it's completely out of topic..it's trading related..

I like the discussion, vee and some other dude that questioned your videos..brought up legit issues. And we addressed it..nothing else

come back tomorrow old man..they need you.
  • #11,290
  • Mar 18, 2019 12:47pm Mar 18, 2019 12:47pm
to be honest nobody needs anyone you either know how to trade or you dont
  • #11,291
  • Mar 18, 2019 12:52pm Mar 18, 2019 12:52pm
Quoting Divergence
to be honest nobody needs anyone you either know how to trade or you dont
don't agree totally there. Even though your method is nothing new, may be to someone who has no clue and hasn't come across the material online yet.

same reason i still feel compelled to share some basic info on how i trade using vwap (like anybody cares). Because we're all here from people who came before us. Nobody just come out of the vacuum just knowing how to trade.

i'll see you guys tomorrow in the pits...stay sharp or lose..
  • #11,292
  • Mar 18, 2019 1:21pm Mar 18, 2019 1:21pm
Quoting Divergence
made nothing today on nq made some on ym. you guys still on that topic geesh believe what you want i will not bother to show charts anymore even though i did show trades that were in progress here was my last two and they are my last ones {image} {image}
are you using 20 sec chart for nq as well H?
Become the casino
  • #11,293
  • Mar 18, 2019 1:25pm Mar 18, 2019 1:25pm
Quoting erasmus66
{quote} are you using 20 sec chart for nq as well H?
no 30 sec it seems ym is doing a little better
  • #11,294
  • Mar 18, 2019 1:26pm Mar 18, 2019 1:26pm
trading is lonely, and this kind of threads are necessary to feel connected

even brokers meet frequently in various conferences.
  • #11,295
  • Mar 18, 2019 1:48pm Mar 18, 2019 1:48pm
Quoting hilmy83
{quote} would you still trade if you found out that NOBODY is making money here? it's a question for anybody here. Do you require proof of live trading to continue in your pursuit of profit? at one point should one give up? discuss...
Isn't trading more like blackjack than poker? we double down on high probability setups.. stay to the basic money for "not sure" setups.. I feel one can come out in profit after 100 trades in futures trading if he follows the blackjack rule.. and more if he/she keep the runners.. thoughts..? anyone including hilmy..
  • #11,296
  • Mar 18, 2019 2:08pm Mar 18, 2019 2:08pm
Quoting VEEFX
no one made any ticks today? I just don't get how anyone can make it with tight stops on NQ. she is beyond unpredictable on days like today lol

Here's some ticks in my little one lot account. I would show you with chart trader but for some reason it is missing one of my fills and so the connecting lines are drawn completely wrong (mismatched trades, etc.). So, I drew my own connecting line and snapped off the P/L from the trading station.

I get the allure of scalping, but I have to tell you guys, I have always found trading to be less stressful by playing for a bigger swing.

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Quoting Divergence
i am afraid this thread has left its goal of planning the trade and thats a shame i just might bow out
I'd like to do some more trading plan development out loud here, but I think I'd like to look more at intraday swing trading rather than microscalping. And I for one like to see the chit chat as well.

Quoting alphadude
trading is lonely, and this kind of threads are necessary to feel connected even brokers meet frequently in various conferences.
It is indeed ... I walked away for a number of years simply because I was starved for human life lol!

Quoting bluejack
{quote} Isn't trading more like blackjack than poker? we double down on high probability setups.. stay to the basic money for "not sure" setups.. I feel one can come out in profit after 100 trades in futures trading if he follows the blackjack rule.. and more if he/she keep the runners.. thoughts..? anyone including hilmy..
This is an excellent topic of discussion. Trading is indeed gambling. And just as there are profitable black jack and poker players there are profitable traders. This is the basis for the probability mind set that Mark Douglas taught in his books and his webinars. I know many here at FF are anti-vendor, but Douglas was certainly one of the good guys!
  • #11,297
  • Mar 18, 2019 2:39pm Mar 18, 2019 2:39pm
YM really coiling up tight. I wonder if we'll get a final hour pop in one direction...
  • #11,298
  • Mar 18, 2019 2:42pm Mar 18, 2019 2:42pm
Quoting jack411
YM really coiling up tight. I wonder if we'll get a final hour pop in one direction...

I'm leaning towards price dropping but dont plan on trading the rest of the day...

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  • #11,299
  • Mar 18, 2019 2:46pm Mar 18, 2019 2:46pm
Quoting jack411
{quote} I'm leaning towards price dropping but dont plan on trading the rest of the day... {image}

Guess I was wrong about dropping lol
but could be a final stop run
  • #11,300
  • Mar 18, 2019 2:54pm Mar 18, 2019 2:54pm
Quoting bluejack
{quote} Isn't trading more like blackjack than poker? we double down on high probability setups.. stay to the basic money for "not sure" setups.. I feel one can come out in profit after 100 trades in futures trading if he follows the blackjack rule.. and more if he/she keep the runners.. thoughts..? anyone including hilmy..
well blackjack is nowhere near like trading because the dealer has slight advantage

https://www.quora.com/Why-do-dealers...e-in-blackjack

in poker you are playing against the other players. The dealer just takes in the rake at the end of the game for "tips"

Plus blackjack is more geared towards single bet (you can do splits, but that's more situational based on your cards). In poker you have fixed betting cycles where you can check/bet/raise. It's more aligned with trading in my opinion(at least daytraders than scalpers) where you can build positions once you see that the market (flop) is going your way, or stay relatively flat until the river (if opponents react the same).

And plus, there's no table skill level distinction that you see in poker. I think the market behaves more like a giant poker table full of players with varying skills and bankroll.
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