San Francisco CA
Experience: Intermediate
Platform: Ninja
Broker: CQG
Trading: ES
Posts: 139 since Jun 2014
Thanks Given: 90
Thanks Received: 173
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I've recently discovered that simple is often the best approach in most cases. I kid you not, i recently had my gardner sit at my trading computer, told him "If the bar starts to go down, hit the sell button, if the bar starts to go up, hit the buy button", I then left the room for 20 minutes, came back, and he was up over 600$ !
I've ditched most of my indicators, keeping only CCI, RSI and Adx trend bar on chart. I then ignore them... and trade when ^Adv/^Decl trends, ^Tick is at extremes, or the ^SPX is trending and trade accordingly. My success rate has jumped from 55% to 95% as a result...
I was able to reduce my stoploss to 4 ticks, hit only once so far...
(Trading ES)
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