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Plan the Trade

  • #14,121
  • Jul 28, 2021 9:31am Jul 28, 2021 9:31am
late one:

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Become the casino
  • #14,122
  • Jul 28, 2021 9:50am Jul 28, 2021 9:50am
neither of these filled, but where should buy order be .. at the 2b or above at the top of swing:

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Become the casino
  • #14,123
  • Jul 28, 2021 9:59am Jul 28, 2021 9:59am
Quoting erasmus66
neither of these filled, but where should buy order be .. at the 2b or above at the top of swing: {image}
That's a good question for Harold. I would have waited to see what price did. I would have had a buy limit at the 2b, until it had 2 closes over the the top one.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #14,124
  • Jul 28, 2021 6:01pm Jul 28, 2021 6:01pm
Quoting capstone
{quote} That's a good question for Harold. I would have waited to see what price did. I would have had a buy limit at the 2b, until it had 2 closes over the the top one.
been at hospital all day yes tony the 2b break is the place we would look to buy from. there was a winning 123 break pullback before
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  • #14,125
  • Jul 29, 2021 4:51am Jul 29, 2021 4:51am
Quoting Divergence
{quote} been at hospital all day yes tony the 2b break is the place we would look to buy from. there was a winning 123 break pullback before {image}
thanks Harold/Tony .. hope hospital went well .. i just got out from knee surgery a few weeks back
Become the casino
  • #14,126
  • Jul 29, 2021 9:11am Jul 29, 2021 9:11am
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Become the casino
  • #14,127
  • Jul 29, 2021 9:32am Jul 29, 2021 9:32am
+9 I'd have been done if I hadn't chickened out too early. Now price has gone to shite & I'm bored (after looking at the screen for work 6 hours straight). Focus is shifting from entries to letting them go to target. Trouble is that is difficult with the YM.

Nice to see you guys making some gains on NQ, I'll be back to it when my purse allows


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'in less than half an hour he made over 100 ticks'
  • #14,128
  • Jul 30, 2021 7:53am Jul 30, 2021 7:53am
Quoting erasmus66
{image}
I found yesterday tricky. It's easy in hindsight, but in real time, I thought it was difficult at the top of that spike.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #14,129
  • Jul 31, 2021 4:33pm Jul 31, 2021 4:33pm
Quoting capstone
{quote} I found yesterday tricky. It's easy in hindsight, but in real time, I thought it was difficult at the top of that spike.
How do you handle this Harold, Ras, or anyone else? The blue line marks a long entry based on the pullback, but there is a 123 break (in the yellow ellipsis) before it hits the entry. Does the 123 cancel the long entry? there was never a short entry off of the 123break (no a second low). Is this just a missed trade based on the rules and setups ?
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Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #14,130
  • Jul 31, 2021 7:02pm Jul 31, 2021 7:02pm
Quoting capstone
{quote} How do you handle this Harold, Ras, or anyone else? The blue line marks a long entry based on the pullback, but there is a 123 break (in the yellow ellipsis) before it hits the entry. Does the 123 cancel the long entry? there was never a short entry off of the 123break (no a second low). Is this just a missed trade based on the rules and setups ? {image}
you take the pullback you would still need 2 closes below the 123
  • #14,131
  • Jul 31, 2021 9:26pm Jul 31, 2021 9:26pm
Quoting Divergence
{quote} you take the pullback you would still need 2 closes below the 123
"you take the pullback you would still need 2 closes below the 123"



this I must remember!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #14,132
  • Aug 1, 2021 2:17pm Aug 1, 2021 2:17pm
Quoting Divergence
{quote} you take the pullback you would still need 2 closes below the 123
That helps Harold. The trade isn't invalidated until the second lower close.

emmanuel7788, glad I wasn't the only one wondering.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #14,133
  • Aug 4, 2021 8:40am Aug 4, 2021 8:40am
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Become the casino
  • #14,134
  • Edited 11:41am Aug 4, 2021 10:17am | Edited 11:41am
Does anyone know how to program alerts in Sierra? I've been looking online, but am not getting to what i want.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #14,135
  • Aug 4, 2021 12:12pm Aug 4, 2021 12:12pm
Quoting capstone
Does anyone know how to program alerts in Sierra? I've been looking online, but am not getting to what i want.
What kind of alert?

Bit short on time these days but happy to help out if possible.
  • #14,136
  • Aug 4, 2021 12:15pm Aug 4, 2021 12:15pm
Quoting Nik-Nyc
{quote} What kind of alert? Bit short on time these days but happy to help out if possible.
It's a bit outside the scope of this strategy. I'll message you so as not to clutter things up. What Harold is doing these days is awesome.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #14,137
  • Aug 5, 2021 9:28am Aug 5, 2021 9:28am
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Become the casino
  • #14,138
  • Aug 23, 2021 9:10am Aug 23, 2021 9:10am
This thread has gone it's course I guess. A quick update from everyone on their progress before we all sign off? I'm struggling a bit. I think I'm overcomplicating it. I know I am.

How is everyone else getting along? Still using same strategies?
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #14,139
  • Aug 23, 2021 10:57am Aug 23, 2021 10:57am
Still trading NQ based off of Cumulative Delta. Slowly trying to take it to the next level so I might be moving to NYC to join a prop firm.

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I'm convinced there is an endless amount of strategies to gain and edge. You just have to stick with it long enough to become a "PhD student" to understand all the ins and outs. Price movement almost is never 50/50. Keep an excel file/journal that's detailed as possible and tweak it from there. PM me any time. Good Luck!
  • #14,140
  • Aug 24, 2021 6:37am Aug 24, 2021 6:37am
Quoting capstone
This thread has gone it's course I guess. A quick update from everyone on their progress before we all sign off? I'm struggling a bit. I think I'm overcomplicating it. I know I am. How is everyone else getting along? Still using same strategies?
Small losses for me, some good days but then irritating losses that make the month flat. Don't feel like I'm struggling, just not making progress. But I'm not done & will return to posting here when I think I've figured it out.

I have learned that my issue is psychological (fear of losing capital). I can trade in sim with a small stop & clean up. Can't focus properly after 90 minutes. I cannot trade with moving averages without bigger stops. Trend lines & bars are where it is at if you are treading close to the wire, I believe.

You are right about the over complicating Cap, it is really easy to get into that mindset. Trouble is, when you are trading around with a 40 tick stop...

What Harold is doing has merit, I firmly believe there is a way of framing that. Would be interested in seeing how Ras was doing.

I won't move to another thread because I don't want to dilute what I have gained so far. There is no magic bullet, you just have to figure it out with PA.

Don't forget August is notoriously a crap month, I've had all manner of slippage on the YM.

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