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Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518
My brother......
Have you considered automating your rules?
It is not as hard to do as you think it is which might come as a shocker I know. In all honesty, and this is a very good thing, your rules, at least on the surface to me, don't seem like they would be very hard to produce in BloodHound.
In my view every trader should have BloodHound and BlackBird as simply standard equipment.
Take advantage of the tools of the times...... Think about digging a basement for a new home.... hand to shovel or an excavator.
Make your computer follow your rules for you....the thing is specifically made to follow rules..... just like you would make an excavator dig the basement for you....instead of you out there with a shovel. Yes of course you must operate the excavator but it's way better/easier than busting your butt with a shovel. This analogy holds perfectly true in your case.
It would be much easier to follow your rules using tools made to do so.
I do understand everybody has to do this business their own way.....for sure.... just thought I would offer this. It does mean another “thing” you have to learn/do with your time…I get it… absolutely.
Ron
...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
i would consider it actually.Correct me if im wrong, but last time i checked ,bloodhound was very pricey.The thing that bothered me about yesterday, is that on 2 charts , the setups were very good trend plays.Its an indication that i dont know my rules inside and out.I should see these rules in my sleep
4 Trades today.
-37 ticks...
Im going to make a change here.Its been quite a while, Ive been using the 5min trading 3 pairs
GBPUSD
EURUSD
EURJPY
GBPUSD moves the most, so i am going to focus on that for now.Typically, this pair can affect the other two,and its frustrating.
Using the 5min for entry has been frustrating, because the price can run away from me.I will still be using it .For entry, I want to bring in the 1min again.Ive been through this so many times,and i always come back to the same thought..."what will be different this time?".I would like to use the 5min for direction,and the 1min for entry.Even going for a simple 20 tick target vs 20 tick stop has been tough.
have you thought of switching instrument, I see a guy tried his method for 9, 10 months on 1 instrument without success then he switch to diff instrument and the result is much better.
On 2nd long, i was looking for another MM.I got taken out on the pb. +15
I come in at 5 am eastern.We tested yhod.There was a ddt at the highs, which i was very tempted to take.I like the defined edge of a nhod for my risk.I will be watching for this.
the short i missed was so careless.We made a LL,and room to ylod.An absolute entry.I was looking at the earlier setups, and i just didnt see it.very careless...30 plus trade...cant do tha
t.