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Yeah you are right, getting a trade copier right off the back was a mistake. The amount of multiple resets I've done has made a toll on me and my wallet. I would also advice against it to anyone starting up. Hopefully, I'll will make it to the first payout. I wish you luck, friend...hoping to hear good news from you soon.
I keep blowing up because I oversize pass two. If I can only keep my damn finger away from doing dumb stuff.
Stay safe, stay green friends!
Can you help answer these questions from other members on NexusFi?
@injpowwetrust .. good job today .. learn from your losses .. celebrate your wins ..
here is my chart from today .. think it is pretty close to your image ..
trying to simplify my strategy. or at least what is being displayed .. the blue and red vertical bands represent where the MovAvg are aligned properly (Blue for long, red for short) .. they just aren't part of the display .. the brownish band is where they aren't and could represent consolidation before continuation or reversal .. the trend lines are being drawn by the indicator ..
you aren't alone, I have trouble doing dumb stuff too .. that is why my trading rules are in my indicator and in my strategy that is represented by the buttons ..
have a great weekend ..
23 07 07s NQ.fw
.. you don't have to be the first one at the party .. just be part of the party ..
Man still doing dumb shit, I cracked again ... oversized again, got away with it yesterday. Today, I got caught. I just get tilted on the dumbest shit, trades I shouldnt have been in on the first place. I need to have more rigid rules, I let my emotion take the best of me when I get stopped out them.
@mewddsltd thanks, hope your week so far has been better. I need to get more strict.
Anyways, back on sim for the rest of the week.... I dont want to do another round of resets.
I need to chill and take those Ls, I cant seem to think long term, always shortsighted by my p/l.
Maybe it would help if you had written out corrective actions to curb your undesired behaviors.
Negative Behavior = Over-leveraging or trading on tilt
Action to Correct when this happens = ...?
Negative Behavior = Trading the P&L
Action to Correct when this happens = ...?
The only other thing I could suggest is go to one single micro when you do go back to live/evaluation trading. It takes a lot of lost points to blow out the whole $2500 of trailing drawdown trading one single micro at a time. At this point you have to get your process in place more than you need the profits in place or you're just handing Apex money instead of the other way around.
(Edit): PS, good on you for maintaining accountability in a public forum. I'm sure having a good sized audience on here can be rough when sharing trials and tribulations, and takes a lot more courage than most FURUs who show sim results or only winning trades.
PPS: Whether you think you can, or think you cannot, you are probably right. Be in camp "I think I can" and your trading engine that could, will.
tend to agree with @OttoBlink .. too many of us trade too many contracts which then puts our accounts at risk .. trade a few micros until you make $XX a day on a consistent basis .. even if it is 1-micro and you want to make $10 ..
one coach said to have your trading plan well defined .. so you could explain it in less than a minute .. and understand your stop before you set your profit ..
have been working really hard on this indicator .. the attached image shows a 5-tick RENKO chart of ES .. the diagonal lines are trend lines .. the horizontal lines are stop-losses (placed 2-ticks above/below the high/low of the last 3 bars) .. the indicator can't predict the profit target but it sure can show the stop loss .. the attached image DOES NOT factor the vWAP and recommends trades irrespective of the direction of the VWAP .. lets test on SIM for a few days and see how it goes ..
sp 23 07 12 ES-5Tick.fw
.. you don't have to be the first one at the party .. just be part of the party ..
Still around, still struggling with oversizing... cant keep a lid on it. I keep breaking down at the dumbest things. I've stepped away from trading APEX since, Monday. I'll continue to sim tomorrow, trying to engrain the belief and trust in myself. I keep wavering on the slightest hiccup, beating myself up for things I didn't do or should of done.
Hope ya'll been trading well.
@mewddsltd looks interesting! nice, do share your findings.
here are charts from today .. the one is a RENKO[21] showing pinbars on two candles that are in boxes .. NT8 allows users to draw items on one chart and have them appear on other charts of the same instrument .. so the boxes on the RENKO[5] chart are global copies of those on the RENKO[21] chart ..
what I am seeing is that PinBars are a way of describing a pull-back and then continuation on RENKO charts .. the pull back and continuation is more apparent in faster RENKO charts but as the Bar-Time indicator shows, the bars on the RENKO[5] charts take about 5 seconds to complete .. think each box on the RENKO[5] chart has 24 bars so each box would be about 2-minutes .. and my mind doesn't move that fast ..
so ..
if you want to use RENKO charts then maybe PinBars would be of value
other charts might produce the same/similar results if your training has you looking for Swing Hi/Lo and breakouts .. and of course, some people might call these Bull/Bear Flags ..
the final result should be about the same .. find what works for you ..
NQ 09-23 (5 BetterRenko) 2023_07_20 (5_33_35 PM)
NQ 09-23 (21 BetterRenko) 2023_07_20 (5_26_15 PM)
.. you don't have to be the first one at the party .. just be part of the party ..
hard to be profitable when the trade is placed almost 60 points .. this trade fill was 230 ticks away from where the price was ranging when the button was clicked .. happened 3 times this morning .. may be related to the set of buttons that I was using .. something found on the internet and wanted to see how they worked .. luckily I was on SIM ..
NQ 09-23 (21 BetterRenko) 2023_07_21
.. you don't have to be the first one at the party .. just be part of the party ..
these items can be toggled on/off
ChartMarkers can be added to PriceChart where the OBVMCD indicator changes direction
Background color can be set to show simple price divergence,
have already sent it out to a few people .. let me know if you want it
remember .. OBVMCD demonstrates the relationship between buyers and sellers .. this indicator will usually lead the price action .. more of a "get ready" indicator .. I usually look for the ChartMarker and the OBVMCD signal line to be in the same direction ..
NQ 23 07 23
.. you don't have to be the first one at the party .. just be part of the party ..
