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+258.6 ticks. Not an even number due to some slippage. Nice that NT will do that even in sim. Very choppy today so there are a bunch of trades. Testing it out on a very low time frame. It's almost too fast for human reaction but it was fun. Too bad it wasn't live. LOL! Had some draw down during the chop not long after market open. That is a hazard of low time frames. Recovered nicely though. Question is would I handle the draw down live? It tends to mess with the mind. I don't think I would trade this way live. Will stick to 500 tick and above.
Here are the results, nearly 700 bucks in commissions, lol wow!:
Some thoughts for you - you are doing it WRONG! Rather sudden increased intraday volatility is not 'play time' - but for you it is.
Don't fuck around on sim unless you are simulating REAL trading - and then, much like the military trains elite forces - simulate EXACTLY like real live gunfire conditions.
Don't create bad habits in sim for 'fun' - because down the road you might be risking thousands per trade w/multi-contracts.
Act like a man and be congruent.
It's okay if you don't really understand the 'long grift' that is trading - you did forex for several years, no? But to LIVE and invest and save for retirement as an independent trader - you simply must NAIL down an approach that will SERVE you going forward for many years on your instrument(s) of choice in low/normal/high-volatility environments.
You are still all over the place; the journal is entertaining so I am entertained.
You have a skill set, @this point you should have a few tried and true setups (from initial entry/trade management/stops/profit exits) and be doing the same thing day after day after day.
In my humble experience 99.99% of traders over 10-20 years that try and continually 'modify' their approach when market conditions dynamically change are doomed.
But hey, what do I know? I do know that when you are risking thousands of dollars per trade (down the road) you simply must have iron-will discipline and know every step of your PROCESS from before/during/after/conclusion of each trade or the market will eventually self correct your behavior.
Just a few days ago you wrote that this journal was something you weren't really into - now that this week finally picked up some movement (vs the 2 weeks following Labor Day week of chop/somewhat quiet conditions) you are all into the journal again.
Trading for a career is best suited for a non-emotional analytical & methodical mathematical/statistical type of person.
Your continual 'optimization' is a circular route that will continue to overload your brain unless you incrementally work on making your trading method more logic and rule-based going forward.
Understanding that NO method wins everyday (especially w/trend pullback methods). However, you do see that several days per month a trend breakout w/pullback and w/trend pullback method will usually make your entire month, especially in 'lots of tick intraday' markets that have deep liquidity like CL, NQ, NG, DAX, HSI etc...
Good journal participation and I read 'cause NQ is my primary market (along w/ES) - and I am also a trend breakout w/pullback and w/trend pullback trader as well.
And yes I'm getting in your face a bit - I'd like to see you sharpen your edge and keep simplifying your EDGE so you can down the road trade real size under all trading conditions.
ROFL! It's all play time for me. If it isn't fun for me I don't do it. Life is too short to spend it majoring in the minors. If you want to spend your time micro analyzing everything have at it. I am having fun whether I am trading live or sim. Doesn't matter.
Act like a man.... oh boy. Thank you for that piece of wisdom. Quite frankly I will do whatever I want. I didn't spend 25 years of my life working in hot nasty factories to spend the next 25 worried about what people think of me and what I am doing. If I decide to trade small time frames or long time frames, that is my choice. I am not afraid to experiment and I don't need some spreadsheet to tell me whether or not it works.
Why don't you act like a man and post your trades in a journal? Show people how it's really done. I see one you started back in Jan of 2017 but it only has 2 entries.
Seriously if my trading style bothers you that much hang out elsewhere. You seem stressed. Relax. It's all good. It's all fun. I am having the time of my life, are you?
read the posts on this thread with great interest, regarding trading NQ futures,
1) the liquidity is a blessing
2) the volatility, depends on the 24/7 period you trade,
3) the algo,s can be had and confused
4) EST - 3.59pm - 4.01, when the algo,s speed up beautifully, you can run with the flow most days, as you can buy on the bid or ask, order flow software, trend lines etc are not appropriate for this market unless the time frame is longer than 10 minutes,
5) EST between 11am 2pm on a tick chart for a few seconds sometimes a lull in trading, no trades etc, direction unsure, then buy or sell the trend in the overall market with laddered limit order quickly, 50 contracts, $500 USD mar per contract = $25K, this is the best way to trade, you get one or two point, this applies to any market stocks, bonds, commodities
6) for low cap traders, go with AAPL option at the money, weekly, but day trade them, do not hold the weeklies, time decay is costly, cost about $200 to buy the option, have a min $10K acco,
AAPL everyday has good movement, always has a daily trend
finally the problem for us investors is that all the exchanges keep introducing new and more products, we are human and curious therefore we have a peek and this adds more confusion, to much choice !!!,
concentrate on one item, portfolio management, ba humbug, good 100 years ago, non correlation, today total is correlated.
Japan, Canada and US bank holidays today and the volume on Forex futures shows it. It will probably pick up now that Frankfurt is open and again when London opens but overall I would expect it to be low today. Could cause some volatility or it could just lay there like a wet noodle.
Indices volume looks good. Right in line with what we had this time of the morning last Thursday and Friday. Could be another interesting day.
Lot's of chop on NQ up to this point. The oscillations appear to be getting smaller like it is winding up for something. Or it could just be a choppy day which wouldn't be unexpected after the wild ride the last two trading days. Nothing setting up for a trade at this point so it could be a good time to get some reading in. Picked up a new book based on recommendations from this site. Carol Dweck's Mindset book. Looks to be an interesting read.
Yeah, I know it is early. When I woke up a little while ago, I felt ready to go so I went. I think that is how I am going to do it this week. When I wake up is when I wake up. Plenty of trading opportunities throughout the day.
