Trading off 10 seconds charts

Quoting Big_A

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How this is could be achieved without loosing your mind or / and whole account? Shortly, my profit usually is 3 - 5 times bigger then loss. Additionally, I have just two fool - proof setups. Two. That's more than enough. And third, I always enter with the half position - that is psychological thing - if I want to risk 1 lot, I will just 0.5. Will show it later. Finally / firstly: you should clearly identify momentum. And here is where 10 s timeframe comes in. Just compare next two graphs. First one obviously says: price goes nowhere and the second...

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Quoting Big_A

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This is not a system. It is the style of the trading. Price is the function of the human emotions. Price explodes (moves rapidly to one direction) because of the hit stop losses / margin calls. Trading off the 10 s charts can be very very profitable. It can also be extremely dangerous. You must have the exceptional ability to hold yourself in the total control. If market takes over you are lost. Yes, I make on the average 5 % per day. Yes, I have days in the red. I know you are here 'cause you are looking for the HG / miracle. There is none. There...

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Quoting stt

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{quote} what you are showing here is approx 15 mins worth of 10 seconds bars. in figure 1, you see a small 15 minute range while in 2, you see a bigger range and close to bottom so you can say trend is down. This i suspect will show as small indecisive 15 mins bar (fig1) and large red 15 min bar with large body (fig2). so far so good. lets discuss more

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Quoting MAM.Trader

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I did it. did it with tick charts. traded even with 3 tick charts. (every bar prints with 3 ticks) way faster then 10 secons. but at some point COST eat profit. if you have solution for that I really wanna hear. trading those fast charts are always a fun & fits way better to me. but again as said cost is the key. GL {quote}

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Quoting Timo7

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Hi Big A, I like your method, I tried it this morning with Ninja Trader on my practice account trading CL. I made $250 in my first two trades with 1 lot. I just put on period 60 bb's, and waited until price was outside the bands and headed back in and was successful! Obviously that was just beginners luck, I might keep on demoing this in the fast market times, like first two hours of NY open. It's fun! But only on demo. I'm sure it would be much more stressful on a real account. By the way, what instrument do you trade?

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