Ive been trading the TF for about a week now on SIM and today was by far the toughest market conditions I have encountered on it. It felt like there were a lot of competing algos battling it out, but CL can be just as choppy and unforgiving, sometimes more so.
Favorite Futures: currency and index futures, grains, bonds, oil, gas, metals
Posts: 51 since Mar 2012
Thanks: 6 given,
TF price action was really crazy today. The bars were too large for me to take a trade. The moves had a lot of counter moves that would have taken me out of almost any trade that I thought about taking. And, there were a lot of reversals which I really suck at trading. With no real clear price direction, I skipped trading TF for today. Focused on other symbols for trading today.
Bottom line is you still did good today. congrats. I just can't get that crazy high intensity trading ball rolling....
The following user says Thank You to toucan94506 for this post:
Man.... so, I had taken half my position off, and had 4 contracts long left on the trade. I was using an ATM and T1 AND S1 were gone because T1 was hit. So only T2 and S2 still working (each for the full 4 contracts).
I wanted to split those orders into two seperate targets and stops (two contracts each). So, I watched a video on how to do it yesterday, and it involves pulling up a DOM, going to properties, and enabling quick buttons or whatever they're called. Then on the DOM you hit the "Target +" button, and that's supposed to split up the order into two parts.
Well, it got me out at market and I missed the perfect move up to my orig target.