Experienced Orderflow traders: What's a good cut & reverse drill performance? | Traders Hideout

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Experienced Orderflow traders: What's a good cut & reverse drill performance?

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Glasgow, Lanarkshire Scotland
Trading Experience: Intermediate
Platform: Jigsaw Daytradr
Broker/Data: Working my way around them all
Favorite Futures: ZN, ES
Posts: 52 since Apr 2016
Thanks: 57 given, 46 received

TradingTom View Post
Hello Traders!

I've been looking more into Orderflow reading (using Bookmap) and started doing some of the popular orderflow drills.

I am however missing the overall perspective and experience to gauge what a "good performance" in these drills would be or what's possible for someone who has "mastered" orderflow.

So for example regarding the cut & reverse drill, what could be considered a decent result?
Not losing more than the range it traded during the drill?
Matching or surpassing the range traded or multiples of that?
I'm completely missing a frame of reference here to judge what is possible for the experienced traders in this regard.

I'm primarily focused on the 6E / EURUSD future at this point but I'd be interested in any experience you'd be willing to share.

Thanks a lot & have a great day!

(Just for completeness: by "cut & reverse" I'm referring to the drill where you have to be always in the market, you are only allowed to reverse your position, never go flat)

Hey Tom,

I ran a search for Cut & Reverse and yours is the only thread going, sorry to see you didn't get an answer to your question but I thought I'd chip in and just share I'm also experimenting with the drill, however in the ES. How are you finding it, has it helped your trading? I've had a number of different results on different days. So far best result was finishing up -2 ticks on 15 trades.

The big thing I've found is trying to not make an excessive number of trades. Cutting trades quickly is an obvious goal with this drill, I ended up having a horrendous day when I forgot this, but I've also found that when you get on the right side of the market it can be a challenge to lock in some profit given that you might not actually want to reverse at the same location you would want to close a trade out. That lead me to thinking I should probably give my trades longer to work during the drill. It's a challenge for sure.

I'm not sure if you are a Jigsaw customer or not but Peter's video is in the members area if you are and haven't seen it.

I'd be interested to hear how you got on.


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