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  • #12,641
  • Feb 15, 2020 3:19am Feb 15, 2020 3:19am
Hi guys. I have switched totally over to ES. So, not much i can add here related to NQ. I think NQ is fast and thin to a degree that my ES style is not transferable.
I do miss tuning in to see how everyone's session turns out.
OJ, hope her foot heals quick.

Jason
  • #12,642
  • Feb 15, 2020 8:52am Feb 15, 2020 8:52am
Quoting Divergence
{quote} still bagging em with 123s on 20 second chart with no wicks
You are, but not seeing many here posting their outstanding success. I'm not saying it ca't be done, but trying ot be a manual HFT trader is not the road to a sustainable trading program in my opinion.

Most who are "sold" on microscalping are sold on it because they are risk averse. They seem to perceive it as risk to reward play. The irony is they end up with the result they were hoping to avoid: a losing record.
  • #12,643
  • Feb 15, 2020 8:53am Feb 15, 2020 8:53am
Quoting bapakjason
I have switched totally over to ES.
ES is my main squeeze as well. I got off the trading path for a wile taking care of other areas of life, but back at it now.
  • #12,644
  • Feb 15, 2020 11:13am Feb 15, 2020 11:13am
different strokes for different folks grabbing between 4 to 7 wins net per week with 8 contracts good luck on your journey
  • #12,645
  • Feb 15, 2020 6:15pm Feb 15, 2020 6:15pm
There are thousands of ways to reach any goal even in trading. Just take a look at the trading systems section and you will understand what I am talking about. The biggest problem in trading is that it is like religion or politics. It is driven by our own internal beliefs. Ask most any "leader" within any religion and they will swear that their religion is the only way. Who is right? Perhaps, they all are to some degree.

Just because something doesn't work for you, doesn't mean it doesn't work. Each person should trade in whatever fashion they feel is profitable. Fib's, moving averages, short time frames, long time frames, etc. I have seen them all work and I have seen them all NOT work. Typically, the determining factor is the trader and how they interpret what they are seeing on the screen.

So, who is right and who is wrong really doesn't matter. Celebrate the successes and learn from the mistakes. People who are willing to post publicly both the successes and the failures are a huge resource and should be thanked for their efforts and openness. As "The Cableguy" has shown us, our time here is precious, don't waste it with negativity.
  • #12,646
  • Feb 16, 2020 11:39am Feb 16, 2020 11:39am
Quoting magnumfreak
As "The Cableguy" has shown us, our time here is precious, don't waste it with negativity.
I'm not being negative. If I am wrong and there are 2 or more following a manual HFT trading system on the NQ netting $50K $US/year or more trading 20 second charts, I've not seen evidence of it here. I do know that the chances of netting regular day trade profits will be more likely by trading a 5 minute bar interval rater than a 20 second bar interval.

Let's not forget that when Divergence first started his flag trading the trend thread he was trading 5 minute candles, not 20 second lines. And that was 9 years ago and Divergence wasn't a brand new trader 9 years ago - he had some experience! So, all I am suggesting is that for those who come by this approach who do not have years of day trading experience successfully trading a 5 minute bar, it might be better to get that experience first, and then evolve with experience as Divergence himself did.

I have nothing but respect for @divergence and none of what I am saying should be interpreted as being negative.
  • #12,647
  • Feb 16, 2020 12:05pm Feb 16, 2020 12:05pm
Quoting ddaytrader
{quote} I'm not being negative. If I am wrong and there are 2 or more following a manual HFT trading system on the NQ netting $50K $US/year or more trading 20 second charts, I've not seen evidence of it here. I do know that the chances of netting regular day trade profits will be more likely by trading a 5 minute bar interval rater than a 20 second bar interval. Let's not forget that when Divergence first started his flag trading the trend thread he was trading 5 minute candles, not 20 second lines. And that was 9 years ago and Divergence wasn't...
and to think he was talking about me DD thanks for taking the hit lol
  • #12,648
  • Feb 16, 2020 12:45pm Feb 16, 2020 12:45pm
Quoting Divergence
{quote} and to think he was talking about me DD thanks for taking the hit lol
I didn't take what you said as being negative at all. But if I took a hit for you, it's all good as I have no problem taking a hit for you Divergence
  • #12,649
  • Feb 16, 2020 4:02pm Feb 16, 2020 4:02pm
Not directed at anyone in particular. Going through some rough times in my life (not health or money related) and it is helping me to see what truly is important. Change is a good thing. Accepting it is the hard part.

I wish nothing but peace and happiness for everyone. Knowing your "why" is what will drive you through to reaching your goals. If there is no why to your trading, then finding a way will be difficult if not impossible.
  • #12,650
  • Edited 6:08pm Feb 16, 2020 5:42pm | Edited 6:08pm
20/30 sec will work when you know what you are doing. No doubt whatsoever. Just practice, grind, and keep your shit together emotionally. Personally, it is the emotional side I need to work on. Better spending time on that and posting trades than making stale generalisations.

Thanks Jason, I hope her foot heals quickly too. Although she is an excellent partner, she is a lousy patient. Have to bloody dig deep sometimes
'in less than half an hour he made over 100 ticks'
  • #12,651
  • Feb 16, 2020 11:49pm Feb 16, 2020 11:49pm
Quoting magnumfreak
Not directed at anyone in particular. Going through some rough times in my life (not health or money related) and it is helping me to see what truly is important. Change is a good thing. Accepting it is the hard part. I wish nothing but peace and happiness for everyone. Knowing your "why" is what will drive you through to reaching your goals. If there is no why to your trading, then finding a way will be difficult if not impossible.
Agreed. Hope 2020 works out full of blessings and peace for you too Magnum
  • #12,652
  • Feb 17, 2020 12:17am Feb 17, 2020 12:17am
I will mention that i will always be very grateful to those who contributed here and brought me over to futures from forex/forex brokers/mt4/etc . . .
Without D's patience i might still be messing around with some forex broker or worse i might have quit before i found my way . . .
  • #12,653
  • Feb 17, 2020 3:09am Feb 17, 2020 3:09am
Quoting bapakjason
I will mention that i will always be very grateful to those who contributed here and brought me over to futures from forex/forex brokers/mt4/etc . . . Without D's patience i might still be messing around with some forex broker or worse i might have quit before i found my way . . .
Well put. And that Jason is the 'essence' of this entire thread.

No dreaming, no jumping around. Just the individual and price:

Develop pointers, frame them in your own mind. And if you can't, have the minerals to go back to the drawing board. If not, just quit and accept your life the way it is.

'If you can change, everything will change for you'.
'in less than half an hour he made over 100 ticks'
  • #12,654
  • Feb 17, 2020 7:08am Feb 17, 2020 7:08am
Quoting Divergence
different strokes for different folks grabbing between 4 to 7 wins net per week with 8 contracts good luck on your journey
..still with a 12 tick stop, H?
  • #12,655
  • Feb 17, 2020 9:39am Feb 17, 2020 9:39am
yep
  • #12,656
  • Feb 19, 2020 10:19am Feb 19, 2020 10:19am
So yesterday + 4 (2 trades) there were some good trades for me, but I missed them. So back to the patience game today. Missed one and took one for +11. The one I took, I thought would be a slow runner (unless a spike appeared) but I was bored of watching. Boredom leads to mistakes and then mistakes lead to revenge for me. Revenge is the worst so I'm done for today with at least something.
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'in less than half an hour he made over 100 ticks'
  • #12,657
  • Feb 20, 2020 12:17pm Feb 20, 2020 12:17pm
6 Trades + 15 had to work for my pennies today. On that last trade I called it perfectly, if only I'd had the bottle to let it run as we just broke 9566 - 9600. I'm not sure how the points and ticks add up. Is it something like 1 point is 4 ticks? So +34?

The red and green lines were misses down to my indecision. I'm running +1 after 7 with a +20 tp

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'in less than half an hour he made over 100 ticks'
  • #12,658
  • Feb 21, 2020 11:34am Feb 21, 2020 11:34am
- 11, but I don't regret it because I know where I went wrong. Have a good one everybody.

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'in less than half an hour he made over 100 ticks'
  • #12,659
  • Feb 21, 2020 11:37am Feb 21, 2020 11:37am
Test setup on Sim
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  • #12,660
  • Edited 9:47am Feb 25, 2020 9:32am | Edited 9:47am
This has to be at the pinnacle of frustration watching this high ATR shit. Called all 3 of these, but I know if I dare get in it will take my stops. I'm thinking maybe I can't afford to trade futures. I guess there are worse problems to have.

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Yep seriously. What to do.

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'in less than half an hour he made over 100 ticks'
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