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Currency Futures

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Suggestions On My Journey

  #4 (permalink)

Salt Lake City, Utah
Trading Experience: Intermediate
Platform: NinjaTrader, Tradestation
Favorite Futures: Forex
Posts: 72 since Feb 2011
Thanks: 274 given, 36 received

Thanks for the suggestion. I will give it serious consideration. As brief background; I traded discretionary in live SIM for 1 year (full time). I journal-ed and recorded everything. I was not consistently profitable. Then three things came to mind: #1 It seems that a lot of the struggle with discretionary trading and consistency comes from following ones system #2 I had no previous backtests to show me whether the strategies I was trying were successful in the past #3 I cannot trade or watch the computer 24 hours a day(forex markets) so therefore I would miss opportunities. The solution to the problems above seemed, to me, to be mechanical trading. This led me down the road of coding many systems and which is where I stand now.

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