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ET2 Mini Gauntlet journal & Oneup


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ET2 Mini Gauntlet journal & Oneup

  #11 (permalink)
JohnWick4ever
Los Angeles
 
Posts: 30 since Mar 2020
Thanks Given: 3
Thanks Received: 4


Emiliano82 View Post
yea i dont like micros, commissions are crazy, and frankly i find them useless. There are other ways to keep the volatily under controlls. If you like to trade nasdaq, for example, in high volatility you will see that russell is the same, but with the half of the average volatility. So 1 contract on russell is just like 2 contracts on Nasdaq. I traded 7 of my 11 trading days in the gauntlet on russell, just the last 3 days i traded on nasdaq, cos the volatility were getting better in the last days. Anyway, i also learned a lot burning a couple of accounts on the gauntlet, what i learned most is to give up in a bad day, if you force a recover you will burn it for sure. Just give up and trade again the day after Good luck

Yep, u got that right, once you force yourself to get the account recover, you will end up losing all of them.

anyway, never trade Russell before, might want to take a look, any tips for trading Russell futures ?

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  #12 (permalink)
JohnWick4ever
Los Angeles
 
Posts: 30 since Mar 2020
Thanks Given: 3
Thanks Received: 4

one trade per day, other 20 ticks today, well, i forget the commission and fees, i should do 21 ticks tomorrow

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  #13 (permalink)
Emiliano82
Italia
 
Posts: 17 since Jul 2013
Thanks Given: 3
Thanks Received: 11



JohnWick4ever View Post
Yep, u got that right, once you force yourself to get the account recover, you will end up losing all of them.

anyway, never trade Russell before, might want to take a look, any tips for trading Russell futures ?



a tip that you might find useful could be to build a chart with russell and nasdaq on the same screen, compared. You will notice that when nasdaq go down or up fast, and russell doesnt make the same movement, it means that the nasdaq movement is usually a fake movement, like a stop loss hunting. Just wait that the nasdaq will end his fake movement, above a price leve, pivot or zone, and make a contrarian trade on the russell. The trend inversion on the nasdaq will push the russell too in the same direction. But its better to make this trade on the russell because you can use a more cheap stop loss on the russell. Try and let me know

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  #14 (permalink)
JohnWick4ever
Los Angeles
 
Posts: 30 since Mar 2020
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other 21 ticks today

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  #15 (permalink)
JohnWick4ever
Los Angeles
 
Posts: 30 since Mar 2020
Thanks Given: 3
Thanks Received: 4


Emiliano82 View Post
a tip that you might find useful could be to build a chart with russell and nasdaq on the same screen, compared. You will notice that when nasdaq go down or up fast, and russell doesnt make the same movement, it means that the nasdaq movement is usually a fake movement, like a stop loss hunting. Just wait that the nasdaq will end his fake movement, above a price leve, pivot or zone, and make a contrarian trade on the russell. The trend inversion on the nasdaq will push the russell too in the same direction. But its better to make this trade on the russell because you can use a more cheap stop loss on the russell. Try and let me know

what is the russell futures symbol? I try RTY, it didn't come up any thing

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  #16 (permalink)
JohnWick4ever
Los Angeles
 
Posts: 30 since Mar 2020
Thanks Given: 3
Thanks Received: 4


Emiliano82 View Post
a tip that you might find useful could be to build a chart with russell and nasdaq on the same screen, compared. You will notice that when nasdaq go down or up fast, and russell doesnt make the same movement, it means that the nasdaq movement is usually a fake movement, like a stop loss hunting. Just wait that the nasdaq will end his fake movement, above a price leve, pivot or zone, and make a contrarian trade on the russell. The trend inversion on the nasdaq will push the russell too in the same direction. But its better to make this trade on the russell because you can use a more cheap stop loss on the russell. Try and let me know

anyway, did you pass the 15th days yet?

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  #17 (permalink)
Emiliano82
Italia
 
Posts: 17 since Jul 2013
Thanks Given: 3
Thanks Received: 11


JohnWick4ever View Post
what is the russell futures symbol? I try RTY, it didn't come up any thing

yes it's RTYM0. If is not present you should message the rithmic support and they will add it for you.

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  #18 (permalink)
Emiliano82
Italia
 
Posts: 17 since Jul 2013
Thanks Given: 3
Thanks Received: 11


JohnWick4ever View Post
anyway, did you pass the 15th days yet?

not yet, today is the 14th day. Tomorrow should be the last day

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  #19 (permalink)
JohnWick4ever
Los Angeles
 
Posts: 30 since Mar 2020
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Emiliano82 View Post
not yet, today is the 14th day. Tomorrow should be the last day



don't do anything stupid today.

Do you need to make a trade or not?

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  #20 (permalink)
Emiliano82
Italia
 
Posts: 17 since Jul 2013
Thanks Given: 3
Thanks Received: 11



JohnWick4ever View Post


don't do anything stupid today.

Do you need to make a trade or not?

yea i already did it. Just a 1 tick trade plus commitions. Its Around 10 dollars loss.

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Last Updated on February 26, 2021


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