[zugli]

Hi all,
in the last 2 years I developed a methodology that produces the results of the pictures in attachment. And I'm able to be consistent.
Commissions are enormous with this method but I feel very in safe like this.
I really would be happy to know your opinions and suggestions.
Thank you in advance

[StrangeTastingFishSticks]

Hi. It's hard to read but looks like a scalping system? Looks like you are more profitable than not. How many trades a day does this produce? What is expectancy? Is it automated?

[zugli]

No it's not automated, it's me in front of the screen in various time frames. It's a kind of "soft" scalping. The track record is a simulation with Ninja, that it seems to me simulate in the right way fills. In this example I made 90 trades in 2,5 hours of work, as you see very small profits each.

[zugli]

Here are my trades today in the last 2 hours, I hope pictures quality is better...

[brownsfan019]

I have a few observations:

1) SIMULATION: Simulation trading can be very misleading, esp with scalping and especially with the ES. In order for you to count these trades, you need to assume that price traded THROUGH your exit level, not just tip it. In other words, if your exit is 800.00, price needs to touch 800.25. Same with entries if using limit orders.

2) COMMISSIONS: If you pull this off in real-time, you'll need to get your commissions substantially down. This includes negotiating w/ your broker and also seeing if renting/owning a seat will help. I would guess that if you are trading this much you'll want to at least rent a seat to get discounted rates.

[diablo272]

I agree with BF, though the simulation in Ninja is very conservative and generally realistic in terms of its fills, especially when trading live data.

Though if you can make $1000-$2000/contract consistently trading 2 hours per day, I'd say that's very impressive.

[StrangeTastingFishSticks]

I know i couldn't make so many trades in a 2 hr period like that, but great U can. How long have you been consistent on the simulator? When will U take this live?

[daedalus]

Honestly the results look really good for a scalping system. Your losses are very few and sized about perfectly compared to your wins. Some people scalp for 2 ticks but then they give up 12 ticks on a loss... that stuff isn't going to work in the long run but it looks like your entries and your management are very solid.

Just make sure your allowing your entries a real fill (since it is in sim) as other have said, price needs to trade through your order by 1 tick and 99% of the time you will be filled. As long as that is the case with your entries i'd say that is VERY impressive.

Obviously I don't expect you to share your entries but i'm just curious what kind of stuff you would look at for scalping? Candles? S/R? Fibs? Its just such a different mindset than what a lot of traders use I was just curious what you would focus on for entries.

If you could just give a broad answer that would be great.