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All you need

  #551 (permalink)
 
cunparis's Avatar
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
Posts: 2,565 since Jun 2009
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Thanks Received: 2,093


websouth View Post
Since you can not predict the future and the big moves do happen -in both directions - if you play both sides what are the odds you will be on the right side when the big one hits...It really does take some/maybe all of the anxiety out of it for me. I will be net long for awhile and see what happens... Green Rat

I have to admit I really didn't understand the concept of trading one side. I have setups that I look for (based on price) and I take them. Long or short. On some days I make more from the long side and some days more from the short side. But overall I'm profitable each day. If I only traded one side I'd have winning days and loosing days. And I'd make half as much.

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  #552 (permalink)
 
Jeff Castille's Avatar
 Jeff Castille 
Northern California
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
Posts: 2,109 since Jun 2009
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Yes...... the concept of playing for one team is great!! I always had a propensity for the short side and viewed it as a weakness that had to be corrected. Now..... maybe not. Although, if you could play for both teams that would be the best..... but some say it can't be done. We'll see. Chameleon RAT !!!!

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  #553 (permalink)
 
HJay's Avatar
 HJay 
USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Mirus/Zen-Fire
Trading: futures
Posts: 147 since Aug 2009


Question for you Rats!.... When calculating HI/LO of the day are you looking at Globex or just since the 9:30 opening..

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  #554 (permalink)
 
Jeff Castille's Avatar
 Jeff Castille 
Northern California
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
Posts: 2,109 since Jun 2009
Thanks Given: 1,783
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I use Globex

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  #555 (permalink)
 
Jeff Castille's Avatar
 Jeff Castille 
Northern California
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
Posts: 2,109 since Jun 2009
Thanks Given: 1,783
Thanks Received: 3,303

HJay ....were you going to email me?

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  #556 (permalink)
 
HJay's Avatar
 HJay 
USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Mirus/Zen-Fire
Trading: futures
Posts: 147 since Aug 2009

yeah I need to... just mixing with the Rats... I was able to get the TRO indicator with (1) period working (appreciate that), I do think I like it better against a Range Chart like you have it Jeff. This looks promising...

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  #557 (permalink)
 
Jeff Castille's Avatar
 Jeff Castille 
Northern California
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
Posts: 2,109 since Jun 2009
Thanks Given: 1,783
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2. Trade like a mercenary guerrilla. We must fight on the winning side and be willing to change sides readily when one side has gained the upper hand.

From Dennis Gartman's 22 Rules of Trading https://www.dacharts.com/articles/_22rulestrading.htm

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  #558 (permalink)
 wuolong 
Canada
 
Experience: Intermediate
Platform: NinjaTrader
Posts: 76 since Jul 2009
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TRO, what are you trying to tell us with these two charts? Thanks.




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  #559 (permalink)
 
Dragon's Avatar
 Dragon 
Bellingham, WA
 
Experience: Intermediate
Platform: Ninja
Broker: Zen-Fire
Trading: 6E, CL
Posts: 491 since Aug 2009
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I think that picking a side has a lot to do with the instrument you are trading. I would trade ES long and ZN short if I were trading the rat setup.

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  #560 (permalink)
 
Jeff Castille's Avatar
 Jeff Castille 
Northern California
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
Posts: 2,109 since Jun 2009
Thanks Given: 1,783
Thanks Received: 3,303


Trading ........ like you're on a football team.... offense or defense ( specialist approach)
OR
like you're Mickey Mantle ( baseball)..... switch hitter (hitting from both sides of the plate...long and short)

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