Welcome to the world of spreads! :) 1) if you go long Corn May and short Corn July your risk is reduced naturally since both contracts are highly...
0.5 tick size worked great for a long time ... so let's change it :D I see that all the time around me
I can't even increase size after making new equity highs! The drawdown always comes right after the moment I add more .. damn Murphy :D
IB is going crazy. I am not sure what kind of specialists work in the risk department but they must be really scared ... As an example the margin...
IronFist if you are or want to be a daytrader / scalper I would recommend to look into range bar charts rather than standard time-based charts....
one day after getting some many hits, so many loses, so much pain ... you are so tired of that shit that you finally start following your trading...
have been using SierraChart for almost 10 years ... never disappointed with CQG now seems a very good option
She sounds too vague. I doubt she lives off daytrading and I might be wrong :-D The reality of daytrading is that to make 5,000 drawdown or...
Since I trade CME from EU it is located in Chicago .. I believe it can save some slippage cost since I enter using the market order on a signal...
The same way I cannot imagine running my platforms on my personal PC Now I have my entire trading business separated on a VPS near exchange while...
Risking 2% for me is too much while daytrading multiple markets from sunrise to sunset, in matter of few hours I can easily end up -40% drawdown...
I think it really does not matter to much eventually If you have an edge you can use 1:1, 1:2, 1:2.5 ... as you increase your Win% goes down in a...
Slippage drives me nuts really despite I know it is part of my daytrading system despite trading most liquid products out there My rule of thumb...
what seems to work for me... 1) being able to accept the 'game-like' nature of this business ... it all just revenue minus cost in the...
I see it the same way. I do not expect my system will fit the market 100% of the time. When it does not I actually expect a 'systemic' drawdown or...
Funny I have issues getting 50 ticks profit target filled on intraday basis :D:D:D Where is the fucking volatility for $9602?? Even 8 weeks move...
Meditation is great but hard work beats that. I do a lot of self-talk too :D
Oh my gosh just watched this yesterday accidentally .. found on my old laptop desktop that works as a backup machine :-D "Watching Paul trade is...
... then you find yourself crazy realizing giving up is never an option ... you know that saying .. when you do something long enough ultimately...
Starting 8.30 up to 3 trades NQ quite mechanically until 9.15 since NQ is quite tricky to trade sometimes so no need to spent more time there....
Separate names with a comma.