been reading lots of stuff on futures.io (formerly BMT) over the last couple of month & finally decided to get on board as well.
I`m trading for about 2,5 Years now, learned lots of lessons the hard way.. The reason however for this thread is less my personal development as a trader (still going to be part of it for sure) but upcoming changes in my non-trading lifestyle.
As I will graduate from University at the end of this year, I will have to make some serious changes in my daytrading habbits. As a matter of fact I until recently only traded the DAX and multiple FX pairs on 5 & 15 min intraday basis. That however will no longer be possible as Ill start working for a local company, thus being home not until 16:00 (earliest prbly..)
Long speech no sense:
I will develop and forwardtest a TF / GC / CL - Scalping Strategy to trade from the beginning of the US morning session. Here I will document the underlying concept, the trades I take as well as the results of the systems forwardtest.
As these are going to be very short term trades (I am not patient enough for swingtrading H4-Charts & everything in between is not quite suitable for after-work trading) and moreover after entering the dayjob there will be little to no time to come up with fancy changes or new systems, I will do my very best to thoroughly test and verify my strategy before taking it live.
For the time being I consider SIM-Trading it all through the rest of the year (partly cos I hope to get some psychological barriers broken down that way.. :becky: ) but in any case up until September 1st (multiple non-trading reasons as well)
More about the system, my approach and the actual trades soon!
Till then happy trading,
scalpingtrader
(yeez thats longer than intended.. :clock: )