NexusFi: Find Your Edge


Home Menu

 





Objectifying your strategy--Need insight/advice!


Discussion in Treasury Notes and Bonds

Updated
    1. trending_up 1,121 views
    2. thumb_up 2 thanks given
    3. group 3 followers
    1. forum 1 posts
    2. attach_file 0 attachments




 
Search this Thread

Objectifying your strategy--Need insight/advice!

  #1 (permalink)
fube
Boston, Massachusets
 
Posts: 8 since Feb 2016
Thanks Given: 1
Thanks Received: 0

Hi there. I've been in the futures market for 2 years, but have been most active over the past year--ever since I purchased Jigsaw's trading tools.

I have been in a unique situation over the past 2 months. I've had exceptionally great months trading by only using charts to gauge price action and order flow to gauge momentum etc. I don't use any indicators, and I've finally learned to identify myself as a scalper. However, there's one issue: I've been consistent for 2 months without having an objective strategy. For example, it has reached the point where I first begin by defining my risk when entering a trade (I calculate how much I can lose first and then how much I can gain after), and then I look at the charts to get an idea of major support/resistance levels, and then I read the tape. However, all of it feels more intuitive on my end and I feel like I'm relying heavily on my gut when trading.

So, my question is this: How can I make my strategy more objective? I clearly have something that seems to work for current market conditions (Past results are not indicative of future results, of course), but I am struggling to understand why/how it's working and why my "strategy" has had considerable success.

Have any of you been in a similar situation before? Any thoughts/feedback/insight?

I'd appreciate it. Thanks!

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Are there any eval firms that allow you to sink to your …
Traders Hideout
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Futures True Range Report
The Elite Circle
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Exit Strategy
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
37 thanks
NexusFi site changelog and issues/problem reporting
23 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks




Last Updated on July 18, 2017


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts