OK... I was just going based on your post, where you skipped a lot of important factors, all of which are covered in the webinar.
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Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
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The following user says Thank You to Big Mike for this post:
Thanks for the tip. I have implemented the commission in the back test. My strategy is still under development, but once I am finished, I shall definitely forward test it for a while before going live.
1. I edit the strategy as I continue to develop it further.
2. I would have to wait till January anyway to trade. I exclude contract ending and beginning periods as the market is unreliable as per my strategy.
It's quite complex. I have altered the indicators to my liking. But essentially I am using the following 3:
1. Moving Averages (EMA) with ATR factors
2. Variation of RSI
The times I trade are different for each instrument. It really comes down to your preference. I am trading ES from market open to 11:50. Although I am going to incorporate a routine to exit strategy once I've hit my daily target.