Kreslik.com - traders community since 2006

Thanks Edward! I read every word. You are very kind to open members eyes to the challenges of trading. It's an excellent public service. And I agree with everything you say. In essence, you advise against analysis paralysis by saying TRADE YOUR SYSTEM. That's good advice. After re-reading your post ...

Edward, Michal, TRO and any other experienced traders... Several posts in this thread refer to the importance of "market conditions" and I agree. So far the only 1 that I found effective is tick volume with daily draw down limits somewhat helpful. There's a new thread to discuss daily filt...

Whether you auto trade or trade discretionary, you can probably help. And I'll reward you for an idea that produces results! Currently, I have thoroughly tested an auto trading strategy both on historical tick, forward testing, and real time testing on multiple different Forex pairs using NinjaTrade...

Thanks jhtumblin. But I wasn't clear. I wasn't refering to immediately buying and selling the bid/ask like you describe. Instead, I was referring to intraday trading break out with limit orders. But should I set the limit order at the ask or bid when going long? Or vice versa on short? Well, I have ...

Yes. I love this forum for several items I learned here that weren't so clear anywhere else. 1. Avoid harming squiggly lines. :D a.k.a. study price action rather than lagging indicators. (Thanks TRO) 2. Focus on probability and statistics. 3. Analysis of the ideal times to trade Forex. (thanks Micha...

Some more on the conversation about NinjaTrade and NeoTicker. I have them both. I developed strategies and indicators in both. There's three major differentiating categories that matter in my comparison. 1. Simplicity of writing indicators & strategies. NinjaTrader is many times easier to write ...

I have an automated strategy that I'm building. Can I sell limit at the ask and buy limit at the bid successfully? Any opinions? Or should I sell at the bid and buy at the ask? It seems I can gain a pip by playing against the spread most of the time but what is the probability I won't get filled at ...

Edward, I greatly appreciate your advice and accept it. I see from many of your posts that you truly know how to trade. So I will use monte carlo runs to decide risk level to never risk a 25% drawdown. But you're right I do suffer from small accountitis! :lol: To compensate for that, I'm using 10 mi...

You guys are right. I've been running statistical probabilities using 10 minute bars. I made a chart in excel of the market going 1, 2, to 10 pips higher or lower before the end of the bar when entering at a certain prices levels like the previous bars high, low, or middle. Amazingly, they all have ...

With MB Trading you can trade with only $2. I know if for a fact because I accidently tried which testing an automated strategy the other day. I thought NinjaTrader wanted the number of "lots" as 2. But it actually took it in MBT as $2 of current bought and sold. MBT bases it's commission ...