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The Beast Slayer, Lance's NQ Trading Journal


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The Beast Slayer, Lance's NQ Trading Journal

  #1331 (permalink)
 lancelottrader 
west palm beach florida usa
Market Wizard
 
Experience: Advanced
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Broker: Optimus Futures/ Rithmic
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Darn..should have stayed live. But..since I was experimenting with a new setup, didn't want to push my luck. Another SIM winner
15 sec winner 3

Failure is not an option
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  #1332 (permalink)
 lancelottrader 
west palm beach florida usa
Market Wizard
 
Experience: Advanced
Platform: ninja trader
Broker: Optimus Futures/ Rithmic
Trading: NQ
Posts: 1,112 since Oct 2011
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Definitely should have stayed live...win after win on SIM
15 sec sim 4

Failure is not an option
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  #1333 (permalink)
redbarntrades
Kalispell=Mt./USA
 
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lancelottrader View Post
Definitely should have stayed live...win after win on SIM
15 sec sim 4

Sure appreciate you sharing your charts!

It's always great to see what others are doing!

Thank you!

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  #1334 (permalink)
 
Sandpaddict's Avatar
 Sandpaddict 
Vancouver, Canada
 
Experience: Advanced
Platform: Ninjatrader, MT4
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Trading: Futures CFDs
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lancelottrader View Post
Definitely should have stayed live...win after win on SIM
15 sec sim 4

In my experience trading on sim is so much psychologically different. Easier by multitudes. For most people they WOULD do better on sim. Doesn't mean they would have had those trades live.

Agian for me, I go sim... do awesome... get over confident... go live.... F*#&# things up to an inch of my account... go back to amazing sim trading. For that reason I try to stay %100 live.

In your case you probably would have taken those trades live and done very well.

Curious. What is your criteria for going to sim and/or back to live?

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  #1335 (permalink)
 lancelottrader 
west palm beach florida usa
Market Wizard
 
Experience: Advanced
Platform: ninja trader
Broker: Optimus Futures/ Rithmic
Trading: NQ
Posts: 1,112 since Oct 2011
Thanks Given: 1,113
Thanks Received: 5,386


Sandpaddict View Post
In my experience trading on sim is so much psychologically different. Easier by multitudes. For most people they WOULD do better on sim. Doesn't mean they would have had those trades live.

Agian for me, I go sim... do awesome... get over confident... go live.... F*#&# things up to an inch of my account... go back to amazing sim trading. For that reason I try to stay %100 live.

In your case you probably would have taken those trades live and done very well.

Curious. What is your criteria for going to sim and/or back to live?

I rarely ever trade SIM. Yesterday was the first time I tried using an additional chart (The 15 second one with the indicator)..So after I had won a very nice day live, I decided to practice the new setup on SIM. So Sim is only for experimenting with something new,,,and basically I haven't changed any of my charts..bar types etc..in several years. I was just trying to have something that might add some additional context..but my system remains almost 100% the same as it's been.

Failure is not an option
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  #1336 (permalink)
 
Sandpaddict's Avatar
 Sandpaddict 
Vancouver, Canada
 
Experience: Advanced
Platform: Ninjatrader, MT4
Broker: IB, Global Prime
Trading: Futures CFDs
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lancelottrader View Post
I rarely ever trade SIM. Yesterday was the first time I tried using an additional chart (The 15 second one with the indicator)..So after I had won a very nice day live, I decided to practice the new setup on SIM. So Sim is only for experimenting with something new,,,and basically I haven't changed any of my charts..bar types etc..in several years. I was just trying to have something that might add some additional context..but my system remains almost 100% the same as it's been.

Thanks for that. Makes sense.

Since following your posts some more I have been looking at those beautiful swings in the lower times frames as well.

It's psychologically easier to hold onto trades when you see them screaming higher above those EMAs or whatever you choose to use.

Also for me as I'm almost always in the market the turning points are easier to see it seems.

I still trade my main chart but I've added a 5min for context and 2 range chart for those runners and for sentiment you can't see on the higher TFs.

I also have T&S but I just use that as a gauge as to how fast the markets moving.

Thanks again

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  #1337 (permalink)
redbarntrades
Kalispell=Mt./USA
 
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lancelottrader View Post
Definitely should have stayed live...win after win on SIM
15 sec sim 4

Your chart above made me think of a faster time frame for entries but only in context of my 5 min. RTH. Focusing more on candles. But then, started applying the same thought to my 34 second chart.

So the chart below is the area that you took the trade yesterday. The high/low of the box is your SL/TP.

This chart has a colored 20sma (34 sec.) and a 20sma (5min.) and a gold 200sma.

Just thought I would share it as an option for anyone interested. Of course, yours is sooo much prettier!

Today, this has provided great entries. I get a broad sense of the market with the 5 minute chart but am able to drill down and get much better entries.

Thanks for your chart. It provided stimulus to look at things differently.

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  #1338 (permalink)
 joe s 
sacramento ca us
 
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thanks lancelottrader I like that new chart I will give it a try

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  #1339 (permalink)
 lancelottrader 
west palm beach florida usa
Market Wizard
 
Experience: Advanced
Platform: ninja trader
Broker: Optimus Futures/ Rithmic
Trading: NQ
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redbarntrades View Post
Your chart above made me think of a faster time frame for entries but only in context of my 5 min. RTH. Focusing more on candles. But then, started applying the same thought to my 34 second chart.

So the chart below is the area that you took the trade yesterday. The high/low of the box is your SL/TP.

This chart has a colored 20sma (34 sec.) and a 20sma (5min.) and a gold 200sma.

Just thought I would share it as an option for anyone interested. Of course, yours is sooo much prettier!

Today, this has provided great entries. I get a broad sense of the market with the 5 minute chart but am able to drill down and get much better entries.

Thanks for your chart. It provided stimulus to look at things differently.

That looks good. Thank you.

Failure is not an option
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  #1340 (permalink)
 lancelottrader 
west palm beach florida usa
Market Wizard
 
Experience: Advanced
Platform: ninja trader
Broker: Optimus Futures/ Rithmic
Trading: NQ
Posts: 1,112 since Oct 2011
Thanks Given: 1,113
Thanks Received: 5,386


Here's a video of today's trades. All of them are what I call "Grid Scalps". It's a technique I use when volatility is lower.

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Last Updated on April 11, 2023


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