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DOM & Math

  #5 (permalink)

North Carolina
Trading Experience: Beginner
Platform: NinjaTrader, Tradestation
Favorite Futures: es
Posts: 644 since Nov 2011

@Fernand0 I think the problem is not that you were using indicators but that you haven't embraced market cognition. Yes, it is possible to build great indicators that have actual edge. It is not an easy task though. As for DOM/tape reading, if it energizes you, it might be worthwhile component in your trading. If you just stare at it and go to sleep, you might be better off trying system trading. The biggest help I might suggest is to start to think how different participants are making decisions in the market, what types of leverage they are using, the frequency of their information, etc. Try to find what you are really good at and expand on it. Right, finding such a good indicator is part of the work you need to be doing. You need to have the creativity to come up with these ideas. That's where your edge could be.

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