Time to Give Up

derivativesnyc · September 13th, 2023, 04:33 AM

discountedbugs

While I can agree that it helps to see the trend better, I would argue that the rate of change, that is, how fast a trend is moving in the unit of time, could be an indicator of exhaustion or reversal for that trend.
Maybe you can give some examples how it helps you?

Time based bars form a uniform amount of bars per time interval on a time axis. Price based bars do not. If it takes a nanosecond or the whole eternity to form a preset fixed amount Of movement per bar then that is what it is.

September 13th, 2023, 10:47 AM

If its fully automated on something like Tradestation in an ideal world your probably restarting the software during the CME downtime and checking positions match versus strategies and that's it.

Time to Give Up

Discussion in Psychology and Money Management

Time to Give Up