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Objectifying your strategy--Need insight/advice!


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Objectifying your strategy--Need insight/advice!

 
fube
Boston, Massachusets
 
Posts: 8 since Feb 2016
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Hi there. I've been in the futures market for 2 years, but have been most active over the past year--ever since I purchased Jigsaw's trading tools.

I have been in a unique situation over the past 2 months. I've had exceptionally great months trading by only using charts to gauge price action and order flow to gauge momentum etc. I don't use any indicators, and I've finally learned to identify myself as a scalper. However, there's one issue: I've been consistent for 2 months without having an objective strategy. For example, it has reached the point where I first begin by defining my risk when entering a trade (I calculate how much I can lose first and then how much I can gain after), and then I look at the charts to get an idea of major support/resistance levels, and then I read the tape. However, all of it feels more intuitive on my end and I feel like I'm relying heavily on my gut when trading.

So, my question is this: How can I make my strategy more objective? I clearly have something that seems to work for current market conditions (Past results are not indicative of future results, of course), but I am struggling to understand why/how it's working and why my "strategy" has had considerable success.

Have any of you been in a similar situation before? Any thoughts/feedback/insight?

I'd appreciate it. Thanks!


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