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What is your experience with thetradescalper.com approach?

  #26 (permalink)

Elite Member
Osaka
 
Futures Experience: Master
Platform: Ninja
Broker/Data: IB
Favorite Futures: Stocks
 
MrBean's Avatar
 
Posts: 109 since Jan 2010
Thanks: 26 given, 24 received

I ran the replay data and traded ES using one minute candles. I looked at price only and used old tops and bottoms as levels to trade with the trend. 3 of 4 trades were winners and the result was a small profit . However I wouldn't trade it live you need to maintain a very high win rate to make decent profits, it's just too hard to do that.

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