I want to get deep and nerdy w it. Anyone know a good comprehensive source of wisdom for technical analysis/ chart reading?
TIA!
I’m using ninja trader thru TV and it’s good but I hear AMP is same same but cheaper?
I can’t find their rates tho does anyone know how much they are round trip for MES?
From my novice point of view it seems like sharing the edge would reenforce the edge
TIA!
Tried Claude and it didn’t work.
What’re you using to code?
5min charts are so much easier to read
I was batting 87.5% win rate w/scalping but that long term feels like a massive dose of anxiety. So trying to do more longer trades say 5m-2hrs or as long as it runs and doesn’t hit my SL. Tried to hold longer today w/rigid brackets and went 0/4.
Here’s my wtf I need to think about this sheet.
Do
Trust the process
Follow your instincts (the tight brackets felt off, and they killed our account)
Listen to the vibe of the market, if you feel it’ll go down listen to that.
Trade w/Brackets, but not rigid ones. Have them auto populate then drag them onto the key levels. Don't worry about R:R - just focus on profit.
Wait for breakouts, no need to force it.
Use a tool that feels good to you - Trading view for example. The lag actually helps reduce the noise.
Zoom out and use 5,15,60min charts, the 1min is crack. Crack is bad. You can’t see the direction due to the noise.
Protect capital at all costs
Do Not’s
Do not trade the first 30mins of open, the chop will destroy your account.
Do not trade on Ninja Trader, the UI is so shit that it feels like it hinders your ability to make sense of the market. It adds to the confusion.
Overthink it, you know what to do, just do it.
FOMO, there will always be another move.
Worry about fees.
Strategy (must equal 5+)
Wait for a clear bounce from support or resistance levels
+3
Confirmation that it is bouncing from S/R (1-2 Candles behaving as expected)
+2
Wait for an ema cross
+3
Enter if enough room to make money before another S/R level
+2
Set brackets at key levels
I’m on ninja rn and the ui is shit. New to futures and don’t want the ui to handicap me
Is tradovate better?
Is the lag a feature and not a bug? Seems impossible to scalp on