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Short term TF trading


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Short term TF trading

  #131 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012


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  #132 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012

Did anyone else also HATE the way TF traded today? I thought it was just hideous. I'm looking at CL right now wishing I had traded it.

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  #133 (permalink)
 Wojo 
Chappaqua, NY
 
Experience: Intermediate
Platform: SC
Trading: CL
Posts: 28 since Jan 2012
Thanks Given: 35
Thanks Received: 6


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.

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  #134 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012


Wojo View Post
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.

Agreed. Looking back on it, I really am surprised I made money today.

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  #135 (permalink)
 Wojo 
Chappaqua, NY
 
Experience: Intermediate
Platform: SC
Trading: CL
Posts: 28 since Jan 2012
Thanks Given: 35
Thanks Received: 6

I'm boggled that you came out so far in the black....I looked at those numbers and thought WTH LOL!!?? Good market navigation on your part though! I got my face beaten in sim

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  #136 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012

Screenr - indextrader7: 5-9-12 Trade Recap

Pure crazy person trading me thinks... such high intensity to do it. I took a couple hour nap when I finished the session.

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  #137 (permalink)
toucan94506
danville ca usa
 
Posts: 51 since Mar 2012
Thanks Given: 6
Thanks Received: 41


indextrader7 View Post
Did anyone else also HATE the way TF traded today? I thought it was just hideous. I'm looking at CL right now wishing I had traded it.

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....

cheers

toucan

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  #138 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012


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  #139 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012

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.

What did I do wrong? How should have I done this?

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  #140 (permalink)
 Wojo 
Chappaqua, NY
 
Experience: Intermediate
Platform: SC
Trading: CL
Posts: 28 since Jan 2012
Thanks Given: 35
Thanks Received: 6


I noticed you trade before the stock market opens, have you ever analyzed your trades in premarket versus during market hours? Being more or less profitable during certain times of the day?

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